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Citizens & Northern (CZNC) Financials

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$18.60 -0.12 (-0.66%)
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Annual Income Statements for Citizens & Northern

Annual Income Statements for Citizens & Northern

This table shows Citizens & Northern's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders
26 24 27
Consolidated Net Income / (Loss)
26 24 27
Net Income / (Loss) Continuing Operations
26 24 27
Total Pre-Tax Income
32 30 32
Total Revenue
108 105 108
Net Interest Income / (Expense)
79 80 83
Total Interest Income
128 114 93
Loans and Leases Interest Income
113 101 81
Investment Securities Interest Income
15 12 12
Total Interest Expense
49 33 9.52
Deposits Interest Expense
39 24 6.64
Short-Term Borrowings Interest Expense
1.17 3.24 0.43
Long-Term Debt Interest Expense
8.60 5.63 2.45
Total Non-Interest Income
29 24 24
Trust Fees by Commissions
10 9.09 9.29
Other Service Charges
5.23 4.61 14
Net Realized & Unrealized Capital Gains on Investments
1.16 -2.31 0.78
Other Non-Interest Income
13 13 0.55
Provision for Credit Losses
2.20 0.19 7.26
Total Non-Interest Expense
74 74 68
Salaries and Employee Benefits
45 44 42
Net Occupancy & Equipment Expense
13 13 12
Other Operating Expenses
16 17 14
Income Tax Expense
5.91 6.34 5.73
Basic Earnings per Share
$1.69 $1.57 $1.71
Weighted Average Basic Shares Outstanding
15.47M 15.38M 15.56M
Diluted Earnings per Share
$1.69 $1.57 $1.71
Weighted Average Diluted Shares Outstanding
15.47M 15.38M 15.56M
Weighted Average Basic & Diluted Shares Outstanding
15.47M 15.38M 15.56M

Quarterly Income Statements for Citizens & Northern

This table shows Citizens & Northern's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
Consolidated Net Income / (Loss)
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
Net Income / (Loss) Continuing Operations
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
Total Pre-Tax Income
10 7.81 7.48 6.46 5.92 9.44 7.46 7.66 9.55 5.31
Total Revenue
28 27 27 26 25 26 27 26 28 27
Net Interest Income / (Expense)
20 20 19 19 20 20 20 21 22 21
Total Interest Income
33 33 31 30 30 29 28 26 26 24
Loans and Leases Interest Income
29 29 28 27 27 26 25 23 23 21
Investment Securities Interest Income
4.58 4.38 3.24 3.09 3.17 3.04 3.09 3.14 3.28 3.12
Total Interest Expense
13 13 12 11 11 9.46 7.65 5.36 3.56 2.83
Deposits Interest Expense
11 10 9.31 8.89 8.64 7.26 5.10 3.23 2.63 1.97
Short-Term Borrowings Interest Expense
0.03 0.18 0.36 0.60 0.32 0.68 1.14 1.10 0.13 0.18
Long-Term Debt Interest Expense
2.25 2.34 2.21 1.81 1.68 1.51 1.41 1.03 0.81 0.68
Total Non-Interest Income
7.55 7.13 7.85 6.68 5.68 6.49 6.63 5.62 6.11 5.67
Trust Fees by Commissions
2.75 2.47 2.54 2.44 2.40 2.31 2.17 2.21 7.50 0.70
Other Service Charges
-4.14 3.85 1.94 3.58 -3.84 1.08 4.18 3.19 2.64 4.69
Net Realized & Unrealized Capital Gains on Investments
0.37 0.36 0.24 0.19 -2.77 0.24 0.14 0.08 0.02 0.15
Other Non-Interest Income
8.56 0.46 3.14 0.47 9.89 2.86 0.15 0.14 -4.05 0.13
Provision for Credit Losses
-0.53 1.21 0.57 0.95 0.95 -1.23 0.81 -0.35 2.26 3.79
Total Non-Interest Expense
18 18 19 18 18 18 19 19 17 17
Salaries and Employee Benefits
11 11 11 12 11 11 11 11 10 11
Net Occupancy & Equipment Expense
3.20 3.26 3.34 3.44 3.29 3.09 3.22 3.34 3.06 3.22
Other Operating Expenses
3.76 4.14 4.90 3.30 4.00 3.97 4.72 4.32 3.39 3.40
Income Tax Expense
1.95 1.45 1.37 1.15 1.66 1.85 1.42 1.41 1.77 0.86
Basic Earnings per Share
$0.53 $0.41 $0.40 $0.35 $0.28 $0.50 $0.39 $0.40 $0.50 $0.29
Weighted Average Basic Shares Outstanding
15.47M 15.41M 15.39M 15.38M 15.38M 15.27M 15.26M 15.36M 15.56M 15.50M
Diluted Earnings per Share
$0.53 $0.41 $0.40 $0.35 $0.28 $0.50 $0.39 $0.40 $0.50 $0.29
Weighted Average Diluted Shares Outstanding
15.47M 15.41M 15.39M 15.38M 15.38M 15.27M 15.26M 15.36M 15.56M 15.50M
Weighted Average Basic & Diluted Shares Outstanding
15.47M 15.41M 15.39M 15.38M 15.38M 15.27M 15.26M 15.36M 15.56M 15.50M

Annual Cash Flow Statements for Citizens & Northern

This table details how cash moves in and out of Citizens & Northern's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents
71 5.08 -48
Net Cash From Operating Activities
33 34 35
Net Cash From Continuing Operating Activities
33 34 35
Net Income / (Loss) Continuing Operations
26 24 27
Consolidated Net Income / (Loss)
26 24 27
Provision For Loan Losses
2.20 0.19 7.26
Depreciation Expense
2.18 2.15 2.39
Amortization Expense
1.65 1.77 1.58
Non-Cash Adjustments to Reconcile Net Income
-3.92 2.53 0.88
Changes in Operating Assets and Liabilities, net
4.98 2.76 -4.12
Net Cash From Investing Activities
-21 -53 -235
Net Cash From Continuing Investing Activities
-21 -53 -235
Purchase of Property, Leasehold Improvements and Equipment
-1.91 -2.27 -3.29
Purchase of Investment Securities
-81 -191 -308
Sale and/or Maturity of Investments
55 117 65
Other Investing Activities, net
7.01 23 12
Net Cash From Financing Activities
59 25 152
Net Cash From Continuing Financing Activities
59 25 152
Net Change in Deposits
79 17 73
Issuance of Debt
59 39 50
Issuance of Common Equity
0.00 0.00 0.16
Repayment of Debt
-64 -9.40 54
Repurchase of Common Equity
-0.63 -6.78 -9.35
Payment of Dividends
-16 -16 -16

Quarterly Cash Flow Statements for Citizens & Northern

This table details how cash moves in and out of Citizens & Northern's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-58 85 54 -10 4.47 2.15 0.05 -1.59 -7.75 -4.89
Net Cash From Operating Activities
12 6.60 8.63 5.73 7.75 8.46 7.79 9.55 8.06 13
Net Cash From Continuing Operating Activities
12 6.60 8.63 5.73 7.75 8.46 7.79 9.55 8.06 13
Net Income / (Loss) Continuing Operations
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
Consolidated Net Income / (Loss)
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
Provision For Loan Losses
-0.53 1.21 0.57 0.95 0.95 -1.23 0.81 -0.35 2.26 3.79
Depreciation Expense
0.55 0.58 0.55 0.51 0.52 0.53 0.53 0.57 0.61 0.77
Amortization Expense
0.38 0.41 0.43 0.43 0.42 0.48 0.35 0.53 0.42 0.49
Non-Cash Adjustments to Reconcile Net Income
0.67 -3.04 -1.64 0.09 2.25 -0.39 0.25 0.42 -0.81 1.80
Changes in Operating Assets and Liabilities, net
2.83 1.08 2.63 -1.56 -0.65 1.47 -0.19 2.13 -2.21 1.22
Net Cash From Investing Activities
-5.92 22 -18 -19 -13 -19 -48 27 -54 -20
Net Cash From Continuing Investing Activities
-5.92 22 -18 -19 -13 -19 -48 27 -54 -20
Purchase of Property, Leasehold Improvements and Equipment
-0.35 -0.15 -0.66 -0.74 -0.88 -0.83 -0.28 -0.28 -0.30 -0.83
Purchase of Investment Securities
-17 -4.40 -32 -28 -86 -15 -77 -12 -65 -50
Sale and/or Maturity of Investments
11 26 11 7.48 51 11 20 35 9.96 25
Other Investing Activities, net
1.02 0.75 2.54 2.70 23 -13 9.34 3.63 0.84 6.00
Net Cash From Financing Activities
-64 56 64 2.46 9.57 13 40 -38 39 2.29
Net Cash From Continuing Financing Activities
-64 56 64 2.46 9.57 13 40 -38 39 2.29
Net Change in Deposits
-42 77 63 -19 -10 15 94 -82 -42 75
Repayment of Debt
-18 -16 -23 -6.03 54 -8.20 -62 6.31 74 -0.03
Repurchase of Common Equity
0.03 -0.06 -0.38 -0.21 -0.07 -0.22 -4.64 -1.87 - -0.27
Payment of Dividends
-3.89 -3.88 -3.88 -3.88 -3.87 -3.85 -3.90 -3.95 -3.94 -3.94

Annual Balance Sheets for Citizens & Northern

This table presents Citizens & Northern's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets
2,611 2,516 2,454
Cash and Due from Banks
21 25 26
Interest Bearing Deposits at Other Banks
105 32 29
Trading Account Securities
402 416 498
Loans and Leases, Net of Allowance
1,876 1,829 1,723
Loans and Leases
1,896 1,848 1,740
Allowance for Loan and Lease Losses
20 19 17
Accrued Investment Income
8.74 9.14 8.65
Premises and Equipment, Net
21 22 22
Goodwill
53 53 53
Intangible Assets
2.08 2.47 2.88
Other Assets
122 128 92
Total Liabilities & Shareholders' Equity
2,611 2,516 2,454
Total Liabilities
2,335 2,253 2,205
Non-Interest Bearing Deposits
487 491 564
Interest Bearing Deposits
1,607 1,524 1,434
Short-Term Debt
2.49 34 80
Long-Term Debt
205 178 102
Other Long-Term Liabilities
34 27 26
Total Equity & Noncontrolling Interests
275 262 249
Total Preferred & Common Equity
275 262 249
Preferred Stock
0.00 0.00 0.00
Total Common Equity
275 262 249
Common Stock
160 160 160
Retained Earnings
166 157 152
Treasury Stock
-13 -17 -13
Accumulated Other Comprehensive Income / (Loss)
-37 -38 -50

Quarterly Balance Sheets for Citizens & Northern

This table presents Citizens & Northern's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,671 2,593 2,522 2,484 2,471 2,430 2,400
Cash and Due from Banks
26 27 18 26 25 23 31
Interest Bearing Deposits at Other Banks
159 74 28 27 27 29 33
Trading Account Securities
408 401 405 429 446 473 488
Loans and Leases, Net of Allowance
1,872 1,873 1,852 1,813 1,795 1,727 1,674
Loans and Leases
1,893 1,893 1,872 1,831 1,815 1,745 1,690
Allowance for Loan and Lease Losses
20 20 20 18 19 18 16
Accrued Investment Income
9.42 9.17 9.47 9.31 8.44 8.81 8.43
Premises and Equipment, Net
22 22 22 21 21 21 22
Goodwill
53 53 53 53 53 53 53
Intangible Assets
2.18 2.27 2.37 2.57 2.67 2.78 2.99
Other Assets
120 133 131 104 93 1,819 88
Total Liabilities & Shareholders' Equity
2,671 2,593 2,522 2,484 2,471 2,430 2,400
Total Liabilities
2,394 2,330 2,260 2,244 2,223 2,174 2,161
Non-Interest Bearing Deposits
513 502 494 496 510 545 558
Interest Bearing Deposits
1,623 1,558 1,502 1,529 1,500 1,371 1,482
Short-Term Debt
11 17 49 23 31 93 2.46
Long-Term Debt
214 225 188 165 155 138 95
Other Long-Term Liabilities
32 28 27 31 26 27 25
Total Equity & Noncontrolling Interests
277 263 262 240 248 256 239
Total Preferred & Common Equity
277 263 262 240 248 256 239
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
277 263 262 240 248 256 239
Common Stock
159 159 159 160 160 159 160
Retained Earnings
162 160 158 157 154 152 148
Treasury Stock
-14 -15 -15 -17 -17 -13 -13
Accumulated Other Comprehensive Income / (Loss)
-30 -41 -41 -60 -48 -43 -56

Annual Metrics And Ratios for Citizens & Northern

This table displays calculated financial ratios and metrics derived from Citizens & Northern's official financial filings.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics
- - -
Revenue Growth
3.35% -2.55% 3.60%
EBITDA Growth
3.75% -5.26% -13.57%
EBIT Growth
4.55% -5.77% -14.16%
NOPAT Growth
7.50% -9.28% -12.88%
Net Income Growth
7.50% -9.28% -12.88%
EPS Growth
7.64% -8.19% -10.94%
Operating Cash Flow Growth
-1.53% -3.04% -0.70%
Free Cash Flow Firm Growth
190.78% 26.02% -160.02%
Invested Capital Growth
1.86% 9.98% 13.76%
Revenue Q/Q Growth
2.60% -2.90% 2.16%
EBITDA Q/Q Growth
12.28% -12.48% 1.17%
EBIT Q/Q Growth
15.17% -10.64% 1.78%
NOPAT Q/Q Growth
17.75% -12.72% 1.80%
Net Income Q/Q Growth
17.75% -12.72% 1.80%
EPS Q/Q Growth
17.36% -12.29% 2.40%
Operating Cash Flow Q/Q Growth
15.08% -0.92% -4.55%
Free Cash Flow Firm Q/Q Growth
132.50% 70.73% -132.84%
Invested Capital Q/Q Growth
-3.99% 10.72% 28.29%
Profitability Metrics
- - -
EBITDA Margin
32.96% 32.83% 33.77%
EBIT Margin
29.42% 29.08% 30.08%
Profit (Net Income) Margin
23.96% 23.04% 24.75%
Tax Burden Percent
81.45% 79.22% 82.28%
Interest Burden Percent
100.00% 100.00% 100.00%
Effective Tax Rate
18.55% 20.78% 17.72%
Return on Invested Capital (ROIC)
5.42% 5.34% 6.57%
ROIC Less NNEP Spread (ROIC-NNEP)
5.42% 5.34% 6.57%
Return on Net Nonoperating Assets (RNNOA)
4.23% 4.10% 3.09%
Return on Equity (ROE)
9.66% 9.44% 9.67%
Cash Return on Invested Capital (CROIC)
3.58% -4.17% -6.30%
Operating Return on Assets (OROA)
1.24% 1.23% 1.35%
Return on Assets (ROA)
1.01% 0.97% 1.11%
Return on Common Equity (ROCE)
9.66% 9.44% 9.67%
Return on Equity Simple (ROE_SIMPLE)
9.43% 9.20% 10.68%
Net Operating Profit after Tax (NOPAT)
26 24 27
NOPAT Margin
23.96% 23.04% 24.75%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00%
SG&A Expenses to Revenue
53.70% 54.51% 50.36%
Operating Expenses to Revenue
68.55% 70.74% 63.18%
Earnings before Interest and Taxes (EBIT)
32 30 32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
36 34 36
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.03 1.22 1.25
Price to Tangible Book Value (P/TBV)
1.28 1.54 1.61
Price to Revenue (P/Rev)
2.61 3.05 2.91
Price to Earnings (P/E)
10.90 13.23 11.74
Dividend Yield
6.10% 5.36% 5.55%
Earnings Yield
9.17% 7.56% 8.51%
Enterprise Value to Invested Capital (EV/IC)
0.75 1.00 1.02
Enterprise Value to Revenue (EV/Rev)
3.36 4.52 4.08
Enterprise Value to EBITDA (EV/EBITDA)
10.21 13.78 12.10
Enterprise Value to EBIT (EV/EBIT)
11.43 15.56 13.58
Enterprise Value to NOPAT (EV/NOPAT)
14.04 19.64 16.51
Enterprise Value to Operating Cash Flow (EV/OCF)
11.03 14.14 12.70
Enterprise Value to Free Cash Flow (EV/FCFF)
21.26 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
0.75 0.81 0.73
Long-Term Debt to Equity
0.75 0.68 0.41
Financial Leverage
0.78 0.77 0.47
Leverage Ratio
9.53 9.71 8.68
Compound Leverage Factor
9.53 9.71 8.68
Debt to Total Capital
43.00% 44.66% 42.17%
Short-Term Debt to Total Capital
0.52% 7.14% 18.57%
Long-Term Debt to Total Capital
42.48% 37.52% 23.59%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
57.00% 55.34% 57.83%
Debt to EBITDA
5.82 6.15 5.01
Net Debt to EBITDA
2.28 4.50 3.49
Long-Term Debt to EBITDA
5.75 5.17 2.80
Debt to NOPAT
8.00 8.77 6.83
Net Debt to NOPAT
3.14 6.41 4.76
Long-Term Debt to NOPAT
7.90 7.37 3.82
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
17 -19 -26
Operating Cash Flow to CapEx
1,733.21% 1,481.15% 1,052.28%
Free Cash Flow to Firm to Interest Expense
0.35 -0.57 -2.68
Operating Cash Flow to Interest Expense
0.67 1.01 3.63
Operating Cash Flow Less CapEx to Interest Expense
0.64 0.95 3.29
Efficiency Ratios
- - -
Asset Turnover
0.04 0.04 0.05
Fixed Asset Turnover
5.04 4.85 5.09
Capital & Investment Metrics
- - -
Invested Capital
483 474 431
Invested Capital Turnover
0.23 0.23 0.27
Increase / (Decrease) in Invested Capital
8.81 43 52
Enterprise Value (EV)
364 474 439
Market Capitalization
283 319 313
Book Value per Share
$17.86 $17.18 $16.09
Tangible Book Value per Share
$14.32 $13.58 $12.51
Total Capital
483 474 431
Total Debt
208 212 182
Total Long-Term Debt
205 178 102
Net Debt
81 155 127
Capital Expenditures (CapEx)
1.91 2.27 3.29
Net Nonoperating Expense (NNE)
0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
208 212 182
Total Depreciation and Amortization (D&A)
3.83 3.93 3.97
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$1.69 $1.57 $1.71
Adjusted Weighted Average Basic Shares Outstanding
15.47M 15.38M 15.56M
Adjusted Diluted Earnings per Share
$1.69 $1.57 $1.71
Adjusted Weighted Average Diluted Shares Outstanding
15.47M 15.38M 15.56M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
15.47M 15.38M 15.56M
Normalized Net Operating Profit after Tax (NOPAT)
26 24 27
Normalized NOPAT Margin
23.96% 23.04% 24.75%
Pre Tax Income Margin
29.42% 29.08% 30.08%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.65 0.92 3.40
NOPAT to Interest Expense
0.53 0.73 2.80
EBIT Less CapEx to Interest Expense
0.61 0.85 3.05
NOPAT Less CapEx to Interest Expense
0.49 0.66 2.45
Payout Ratios
- - -
Dividend Payout Ratio
59.83% 64.47% 59.60%
Augmented Payout Ratio
62.25% 92.57% 94.73%

Quarterly Metrics And Ratios for Citizens & Northern

This table displays calculated financial ratios and metrics derived from Citizens & Northern's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
10.87% 4.35% 1.12% -2.58% -11.02% -1.50% 2.05% 0.93% 8.69% 2.74%
EBITDA Growth
61.14% -15.76% 1.27% -15.53% -35.22% 58.97% -12.75% -8.72% 4.13% -42.45%
EBIT Growth
70.91% -17.21% 0.23% -15.71% -38.00% 77.62% -18.06% -8.55% 6.31% -40.74%
NOPAT Growth
91.83% -16.15% 1.16% -15.14% -45.22% 70.39% -19.31% -9.31% 6.45% -39.79%
Net Income Growth
91.83% -16.15% 1.16% -15.14% -45.22% 70.39% -19.31% -9.31% 6.45% -39.79%
EPS Growth
89.29% -18.00% 2.56% -12.50% -44.00% 72.41% -18.75% -9.09% 8.70% -38.30%
Operating Cash Flow Growth
55.87% -21.99% 10.76% -40.00% -3.86% -32.47% -6.87% 69.07% -17.00% 28.79%
Free Cash Flow Firm Growth
98.35% 19.12% -1,762.97% 95.13% 12.61% -250.96% 81.66% -463.74% -330.04% -26.56%
Invested Capital Growth
1.86% 17.47% 16.38% 2.43% 9.98% 27.44% 2.24% 40.41% 13.76% -13.31%
Revenue Q/Q Growth
2.68% -0.04% 6.16% 1.76% -3.36% -3.13% 2.27% -7.06% 6.97% 0.36%
EBITDA Q/Q Growth
25.57% 4.09% 14.20% 6.55% -34.35% 25.14% -4.75% -25.52% 61.08% -31.32%
EBIT Q/Q Growth
29.54% 4.47% 15.81% 9.05% -37.25% 26.47% -2.61% -19.79% 79.79% -41.66%
NOPAT Q/Q Growth
28.42% 4.12% 15.21% 24.52% -43.87% 25.62% -3.36% -19.62% 74.61% -40.51%
Net Income Q/Q Growth
28.42% 4.12% 15.21% 24.52% -43.87% 25.62% -3.36% -19.62% 74.61% -40.51%
EPS Q/Q Growth
29.27% 2.50% 14.29% 25.00% -44.00% 28.21% -2.50% -20.00% 72.41% -39.58%
Operating Cash Flow Q/Q Growth
83.01% -23.57% 50.69% -26.05% -8.41% 8.52% -18.38% 18.50% -35.66% 49.65%
Free Cash Flow Firm Q/Q Growth
99.07% -5.28% -897.22% 83.19% 54.17% -2,324.99% 97.40% -201.88% -179.16% 394.53%
Invested Capital Q/Q Growth
-3.99% -0.47% 1.30% 5.22% 10.72% -1.39% -10.84% 12.98% 28.29% -20.88%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
39.43% 32.24% 30.96% 28.78% 27.13% 39.94% 30.92% 33.19% 37.26% 24.75%
EBIT Margin
36.12% 28.63% 27.40% 25.11% 23.43% 36.09% 27.64% 29.03% 33.63% 20.01%
Profit (Net Income) Margin
29.17% 23.32% 22.39% 20.63% 16.86% 29.03% 22.38% 23.69% 27.39% 16.78%
Tax Burden Percent
80.76% 81.47% 81.74% 82.16% 71.95% 80.44% 80.98% 81.61% 81.44% 83.85%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
19.24% 18.53% 18.26% 17.84% 28.05% 19.56% 19.02% 18.39% 18.56% 16.15%
Return on Invested Capital (ROIC)
6.60% 5.29% 4.98% 4.36% 3.90% 8.20% 5.65% 6.12% 7.27% 4.88%
ROIC Less NNEP Spread (ROIC-NNEP)
6.60% 5.29% 4.98% 4.36% 3.90% 8.20% 5.65% 6.12% 7.27% 4.88%
Return on Net Nonoperating Assets (RNNOA)
5.15% 4.23% 4.17% 3.95% 3.00% 4.88% 3.93% 3.48% 3.43% 1.68%
Return on Equity (ROE)
11.75% 9.52% 9.15% 8.31% 6.91% 13.08% 9.57% 9.60% 10.70% 6.57%
Cash Return on Invested Capital (CROIC)
3.58% -11.33% -10.18% 2.31% -4.17% -16.89% 3.49% -27.39% -6.30% 21.48%
Operating Return on Assets (OROA)
1.53% 1.17% 1.13% 1.06% 0.99% 1.60% 1.23% 1.31% 1.51% 0.89%
Return on Assets (ROA)
1.23% 0.96% 0.92% 0.87% 0.71% 1.28% 0.99% 1.07% 1.23% 0.74%
Return on Common Equity (ROCE)
11.75% 9.52% 9.15% 8.31% 6.91% 13.08% 9.57% 9.60% 10.70% 6.57%
Return on Equity Simple (ROE_SIMPLE)
0.00% 7.95% 8.84% 8.87% 0.00% 11.52% 9.89% 10.16% 0.00% 10.95%
Net Operating Profit after Tax (NOPAT)
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
NOPAT Margin
29.17% 23.32% 22.39% 20.63% 16.86% 29.03% 22.38% 23.69% 27.39% 16.78%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
52.37% 51.79% 52.60% 58.35% 56.98% 53.41% 51.86% 55.93% 46.46% 52.89%
Operating Expenses to Revenue
65.77% 66.95% 70.53% 71.18% 72.80% 68.60% 69.35% 72.31% 58.40% 65.70%
Earnings before Interest and Taxes (EBIT)
10 7.81 7.48 6.46 5.92 9.44 7.46 7.66 9.55 5.31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
11 8.80 8.45 7.40 6.86 10 8.35 8.76 11 6.57
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.03 1.08 1.03 1.09 1.22 1.04 1.11 1.21 1.25 0.00
Price to Tangible Book Value (P/TBV)
1.28 1.34 1.30 1.37 1.54 1.35 1.43 1.55 1.61 0.00
Price to Revenue (P/Rev)
2.61 2.83 2.60 2.73 3.05 2.31 2.55 2.87 2.91 0.00
Price to Earnings (P/E)
10.90 13.55 11.67 12.25 13.23 9.00 11.26 11.92 11.74 0.01
Dividend Yield
6.10% 5.77% 6.34% 6.06% 5.36% 6.86% 6.23% 5.63% 5.55% 5.02%
Earnings Yield
9.17% 7.38% 8.57% 8.16% 7.56% 11.11% 8.88% 8.39% 8.51% 7,558.42%
Enterprise Value to Invested Capital (EV/IC)
0.75 0.68 0.82 0.95 1.00 0.90 0.95 1.00 1.02 0.10
Enterprise Value to Revenue (EV/Rev)
3.36 3.22 3.96 4.56 4.52 3.56 3.79 4.54 4.08 0.32
Enterprise Value to EBITDA (EV/EBITDA)
10.21 10.70 12.36 14.25 13.78 9.78 11.59 13.34 12.10 0.93
Enterprise Value to EBIT (EV/EBIT)
11.43 12.29 14.11 16.23 15.56 11.27 13.69 15.45 13.58 1.06
Enterprise Value to NOPAT (EV/NOPAT)
14.04 15.43 17.76 20.48 19.64 13.90 16.74 18.82 16.51 1.28
Enterprise Value to Operating Cash Flow (EV/OCF)
11.03 11.85 13.52 15.98 14.14 11.35 10.83 12.70 12.70 0.93
Enterprise Value to Free Cash Flow (EV/FCFF)
21.26 0.00 0.00 41.76 0.00 0.00 27.38 0.00 0.00 0.43
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.75 0.81 0.92 0.91 0.81 0.78 0.75 0.91 0.73 0.41
Long-Term Debt to Equity
0.75 0.77 0.86 0.72 0.68 0.69 0.62 0.54 0.41 0.40
Financial Leverage
0.78 0.80 0.84 0.91 0.77 0.60 0.70 0.57 0.47 0.34
Leverage Ratio
9.53 9.96 9.90 9.57 9.71 10.20 9.63 8.95 8.68 8.84
Compound Leverage Factor
9.53 9.96 9.90 9.57 9.71 10.20 9.63 8.95 8.68 8.84
Debt to Total Capital
43.00% 44.87% 47.92% 47.55% 44.66% 43.91% 42.87% 47.53% 42.17% 28.94%
Short-Term Debt to Total Capital
0.52% 2.27% 3.34% 9.79% 7.14% 5.43% 7.24% 19.17% 18.57% 0.73%
Long-Term Debt to Total Capital
42.48% 42.60% 44.58% 37.77% 37.52% 38.48% 35.63% 28.36% 23.59% 28.21%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
57.00% 55.13% 52.08% 52.45% 55.34% 56.09% 57.13% 52.47% 57.83% 71.06%
Debt to EBITDA
5.82 7.10 7.24 7.12 6.15 4.78 5.25 6.31 5.01 2.71
Net Debt to EBITDA
2.28 1.31 4.24 5.72 4.50 3.44 3.79 4.89 3.49 0.93
Long-Term Debt to EBITDA
5.75 6.74 6.74 5.65 5.17 4.19 4.37 3.77 2.80 2.64
Debt to NOPAT
8.00 10.24 10.41 10.23 8.77 6.80 7.59 8.91 6.83 3.72
Net Debt to NOPAT
3.14 1.88 6.09 8.22 6.41 4.89 5.48 6.90 4.76 1.27
Long-Term Debt to NOPAT
7.90 9.72 9.68 8.12 7.37 5.96 6.31 5.32 3.82 3.63
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-0.64 -68 -65 -6.52 -39 -85 -3.49 -134 -44 56
Operating Cash Flow to CapEx
3,430.40% 4,398.67% 1,308.03% 770.03% 876.36% 1,019.04% 2,834.18% 3,459.78% 2,668.21% 1,518.06%
Free Cash Flow to Firm to Interest Expense
-0.05 -5.29 -5.47 -0.58 -3.64 -8.95 -0.46 -25.00 -12.45 19.80
Operating Cash Flow to Interest Expense
0.94 0.51 0.73 0.51 0.73 0.89 1.02 1.78 2.26 4.42
Operating Cash Flow Less CapEx to Interest Expense
0.91 0.50 0.67 0.44 0.64 0.81 0.98 1.73 2.18 4.13
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.04
Fixed Asset Turnover
5.04 4.93 4.86 4.83 4.85 5.00 5.06 5.08 5.09 4.97
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
483 503 505 499 474 428 434 487 431 336
Invested Capital Turnover
0.23 0.23 0.22 0.21 0.23 0.28 0.25 0.26 0.27 0.29
Increase / (Decrease) in Invested Capital
8.81 75 71 12 43 92 9.53 140 52 -52
Enterprise Value (EV)
364 340 413 475 474 384 411 489 439 34
Market Capitalization
283 299 272 284 319 249 276 310 313 0.35
Book Value per Share
$17.86 $18.02 $17.12 $17.01 $17.18 $15.74 $16.15 $16.42 $16.09 $15,412.70
Tangible Book Value per Share
$14.32 $14.46 $13.56 $13.45 $13.58 $12.13 $12.56 $12.87 $12.51 $11,830.96
Total Capital
483 503 505 499 474 428 434 487 431 336
Total Debt
208 226 242 237 212 188 186 232 182 97
Total Long-Term Debt
205 214 225 188 178 165 155 138 102 95
Net Debt
81 42 142 191 155 135 134 179 127 33
Capital Expenditures (CapEx)
0.35 0.15 0.66 0.74 0.88 0.83 0.28 0.28 0.30 0.83
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
208 226 242 237 212 188 186 232 182 97
Total Depreciation and Amortization (D&A)
0.93 0.99 0.97 0.94 0.93 1.01 0.88 1.10 1.03 1.26
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.53 $0.41 $0.40 $0.35 $0.28 $0.50 $0.39 $0.40 $0.50 $0.29
Adjusted Weighted Average Basic Shares Outstanding
15.47M 15.41M 15.39M 15.38M 15.38M 15.27M 15.26M 15.36M 15.56M 15.50M
Adjusted Diluted Earnings per Share
$0.53 $0.41 $0.40 $0.35 $0.28 $0.50 $0.39 $0.40 $0.50 $0.29
Adjusted Weighted Average Diluted Shares Outstanding
15.47M 15.41M 15.39M 15.38M 15.38M 15.27M 15.26M 15.36M 15.56M 15.50M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
15.47M 15.41M 15.39M 15.38M 15.38M 15.27M 15.26M 15.36M 15.56M 15.50M
Normalized Net Operating Profit after Tax (NOPAT)
8.17 6.37 6.11 5.31 4.26 7.59 6.04 6.25 7.78 4.46
Normalized NOPAT Margin
29.17% 23.32% 22.39% 20.63% 16.86% 29.03% 22.38% 23.69% 27.39% 16.78%
Pre Tax Income Margin
36.12% 28.63% 27.40% 25.11% 23.43% 36.09% 27.64% 29.03% 33.63% 20.01%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.79 0.60 0.63 0.57 0.56 1.00 0.98 1.43 2.68 1.88
NOPAT to Interest Expense
0.64 0.49 0.51 0.47 0.40 0.80 0.79 1.17 2.18 1.57
EBIT Less CapEx to Interest Expense
0.76 0.59 0.57 0.51 0.47 0.91 0.94 1.38 2.60 1.59
NOPAT Less CapEx to Interest Expense
0.61 0.48 0.46 0.40 0.32 0.72 0.75 1.12 2.10 1.28
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
59.83% 70.32% 66.49% 66.78% 64.47% 56.56% 64.14% 60.82% 59.60% 60.88%
Augmented Payout Ratio
62.25% 73.59% 70.27% 88.90% 92.57% 80.84% 91.73% 90.98% 94.73% 97.30%

Frequently Asked Questions About Citizens & Northern's Financials

When does Citizens & Northern's financial year end?

According to the most recent income statement we have on file, Citizens & Northern's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Citizens & Northern's net income changed over the last 2 years?
The last 5 years of Citizens & Northern's net income performance:
  • 2022: $26.62 million
  • 2023: $24.15 million
  • 2024: $25.96 million
Find out what analysts predict for Citizens & Northern in the coming months.
How has Citizens & Northern revenue changed over the last 2 years?

Over the last 2 years, Citizens & Northern's total revenue changed from $107.56 million in 2022 to $108.32 million in 2024, a change of 0.7%.

How much debt does Citizens & Northern have?

Citizens & Northern's total liabilities were at $2.34 billion at the end of 2024, a 3.6% increase from 2023, and a 5.9% increase since 2022.

How much cash does Citizens & Northern have?

In the past 2 years, Citizens & Northern's cash and equivalents has ranged from $21.11 million in 2024 to $25.81 million in 2022, and is currently $21.11 million as of their latest financial filing in 2024.

How has Citizens & Northern's book value per share changed over the last 2 years?

Over the last 2 years, Citizens & Northern's book value per share changed from 16.09 in 2022 to 17.86 in 2024, a change of 11.0%.



This page (NASDAQ:CZNC) was last updated on 5/29/2025 by MarketBeat.com Staff
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