Citizens Financial Services Inc - Understand $czfs stock

$CZFS Market Cap: $329.2 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$7.313M

TTM

Gross Margin

Net Earnings

$27.38M

TTM

Current Assets

Current Liabilities

$5.549M

Q3 2024

Current Ratio

Total Assets

$3.026B

Q3 2024

Total Liabilities

$2.728B

Q3 2024

Book Value

$298.7M

Q3 2024

Cash

$36.76M

Q3 2024

P/E

12.03

Nov 29, 2024 EST

Free Cash Flow

$32.15M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	$8.972M	$8.587M	$73.22M	$70.30M	$61.98M	$56.76M	$48.09M
YoY Change	4.48%	-88.27%	4.16%	13.42%	9.2%	18.02%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$8.972M	$8.587M	$73.22M	$70.30M	$61.98M	$56.76M	$48.09M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.147M	$877.0K	$922.0K	$921.0K	$784.0K	$751.0K	$776.0K	$320.0K	$460.0K	$470.0K	$430.0K	$420.0K	$470.0K	$460.0K	$650.0K	$640.0K	$740.0K	$900.0K	$1.330M	$1.440M	$1.360M	$1.450M	$1.970M	$1.000M	$780.0K	$760.0K	$590.0K	$440.0K	$410.0K	$440.0K	$440.0K
YoY Change	30.79%	-4.88%	0.11%	17.47%	4.39%	-3.22%	142.5%	-30.43%	-2.13%	9.3%	2.38%	-10.64%	2.17%	-29.23%	1.56%	-13.51%	-17.78%	-32.33%	-7.64%	5.88%	-6.21%	-26.4%	97.0%	28.21%	2.63%	28.81%	34.09%	7.32%	-6.82%	0.0%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$46.86M	$11.22M	$7.105M	$8.105M	$12.04M	$9.574M	$5.839M
YoY Change	317.52%	57.96%	-12.34%	-32.68%	25.76%	63.97%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Pretax Income	$21.52M	$35.50M	$35.32M	$30.37M	$23.31M	$21.44M	$19.06M	$15.67M	$14.35M	$16.94M	$17.13M	$18.55M	$16.44M	$14.66M	$12.55M	$8.130M	$8.510M	$7.260M	$6.940M	$6.740M	$6.170M	$7.360M	$4.520M	$3.850M	$4.600M	$5.030M	$5.510M	$4.310M	$4.000M	$3.780M	$3.330M
YoY Change	-39.39%	0.5%	16.3%	30.27%	8.74%	12.49%	21.61%	9.2%	-15.29%	-1.11%	-7.65%	12.83%	12.14%	16.81%	54.37%	-4.47%	17.22%	4.61%	2.97%	9.24%	-16.17%	62.83%	17.4%	-16.3%	-8.55%	-8.71%	27.84%	7.75%	5.82%	13.51%	8.47%
Income Tax	$3.704M	$6.435M	$6.199M	$5.263M	$3.820M	$3.403M	$6.031M	$3.030M	$2.720M	$3.560M	$3.750M	$4.330M	$3.610M	$3.160M	$2.680M	$1.220M	$1.770M	$1.460M	$1.670M	$1.470M	$1.290M	$1.760M	$770.0K	$640.0K	$1.040M	$1.400M	$1.670M	$1.310M	$1.160M	$1.160M	$910.0K
% Of Pretax Income	17.22%	18.13%	17.55%	17.33%	16.39%	15.87%	31.65%	19.34%	18.95%	21.02%	21.89%	23.34%	21.96%	21.56%	21.35%	15.01%	20.8%	20.11%	24.06%	21.81%	20.91%	23.91%	17.04%	16.62%	22.61%	27.83%	30.31%	30.39%	29.0%	30.69%	27.33%
Net Earnings	$17.81M	$29.06M	$29.12M	$25.10M	$19.49M	$18.03M	$13.03M	$12.64M	$11.63M	$13.39M	$13.38M	$14.22M	$12.83M	$11.50M	$9.860M	$6.910M	$6.740M	$5.800M	$5.270M	$5.270M	$4.880M	$5.600M	$3.760M	$3.210M	$3.550M	$3.490M	$3.830M	$3.000M	$2.830M	$2.630M	$2.420M
YoY Change	-38.71%	-0.2%	15.99%	28.8%	8.07%	38.46%	3.05%	8.68%	-13.14%	0.07%	-5.91%	10.83%	11.57%	16.63%	42.69%	2.52%	16.21%	10.06%	0.0%	7.99%	-12.86%	48.94%	17.13%	-9.58%	1.72%	-8.88%	27.67%	6.01%	7.6%	8.68%	7.56%
Net Earnings / Revenue	198.52%	338.42%	39.77%	35.71%	31.45%	31.77%	27.08%
Basic Earnings Per Share	$4.06	$7.32	$7.38	$6.53	$5.42	$5.04	$3.67
Diluted Earnings Per Share	$4.06	$7.32	$7.38	$6.53	$5.41	$5.04	$3.67	$3.463M	$3.472M	$3.997M	$3.970M	$4.170M	$3.730M	$3.333M	$2.875M	$2.009M	$1.948M	$1.657M	$1.485M	$1.472M	$1.356M	$1.547M	$1.039M	$886.7K	$964.7K	$945.8K	$1.046M	$819.7K	$773.2K	$718.6K	$661.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$21.38M	$17.62M	$20.30M	$19.20M	$17.10M	$16.30M	$16.50M	$17.00M	$17.30M	$12.40M	$11.10M	$11.50M	$11.70M	$12.50M	$12.20M	$12.80M	$12.50M	$12.90M	$12.30M	$11.80M	$10.60M	$11.20M	$11.80M	$10.90M	$5.900M	$5.600M	$5.800M	$4.300M	$4.200M	$4.100M	$4.000M
YoY Change	21.37%	-13.21%	5.73%	12.28%	4.91%	-1.21%	-2.94%	-1.73%	39.52%	11.71%	-3.48%	-1.71%	-6.4%	2.46%	-4.69%	2.4%	-3.1%	4.88%	4.24%	11.32%	-5.36%	-5.08%	8.26%	84.75%	5.36%	-3.45%	34.88%	2.38%	2.44%	2.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$17.34M	$12.89M				$3.100M	$2.500M	$3.700M	$3.500M	$0.00	$1.500M
YoY Change	34.56%					24.0%	-32.43%	5.71%		-100.0%
Total Long-Term Assets
YoY Change
Total Assets	$2.975B	$2.333B	$2.144B	$1.892B	$1.466B	$1.431B	$1.362B	$1.223B	$1.163B	$925.0M	$914.9M	$882.4M	$878.6M	$812.5M	$729.5M	$668.6M	$591.0M	$572.2M	$529.2M	$499.3M	$463.9M	$432.7M	$421.1M	$413.3M	$340.8M	$313.6M	$294.8M	$282.8M	$247.1M	$232.5M	$216.2M
YoY Change
Accounts Payable	$4.298M	$1.232M	$700.0K	$1.000M	$1.100M	$1.100M	$900.0K	$700.0K	$700.0K	$800.0K	$900.0K
YoY Change	248.86%	76.0%	-30.0%	-9.09%	0.0%	22.22%	28.57%	0.0%	-12.5%	-11.11%
Accrued Expenses	$11.19M	$5.016M	$3.300M	$2.300M	$1.200M							$1.100M	$1.500M	$1.800M	$2.000M	$2.200M	$2.200M	$2.300M	$1.900M	$1.900M	$1.900M	$2.100M	$2.300M	$2.600M	$2.600M	$2.400M	$2.300M	$2.300M	$2.100M	$1.700M	$1.700M
YoY Change	123.05%	52.0%	43.48%	91.67%								-26.67%	-16.67%	-10.0%	-9.09%	0.0%	-4.35%	21.05%	0.0%	0.0%	-9.52%	-8.7%	-11.54%	0.0%	8.33%	4.35%	0.0%	9.52%	23.53%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$18.04M	$17.78M	$16.90M	$14.80M	$11.30M	$18.00M	$15.00M	$14.30M	$16.00M	$5.900M	$7.300M	$8.600M	$11.40M	$9.500M	$7.600M		$7.300M	$6.600M	$7.600M	$10.40M	$8.500M	$7.600M	$8.300M	$9.100M	$3.400M	$4.000M	$4.800M	$5.000M	$5.300M	$4.800M	$3.900M
YoY Change	1.5%	5.18%	14.19%	30.97%	-37.22%	20.0%	4.9%	-10.63%	171.19%	-19.18%	-15.12%	-24.56%	20.0%	25.0%			10.61%	-13.16%	-26.92%	22.35%	11.84%	-8.43%	-8.79%	167.65%	-15.0%	-16.67%	-4.0%	-5.66%	10.42%	23.08%
Long-Term Debt Due				$46.80M	$27.50M	$9.500M	$8.500M	$9.500M			$7.500M
YoY Change				70.18%	189.47%	11.76%	-10.53%
Total Short-Term Liabilities	$4.298M	$1.232M	$4.000M	$50.10M	$29.80M	$10.60M	$9.400M	$10.20M	$700.0K	$800.0K	$8.400M	$1.100M	$1.500M	$1.800M	$2.000M	$2.200M	$2.200M	$2.300M	$1.900M	$1.900M	$1.900M	$2.100M	$2.300M	$2.600M	$2.600M	$2.400M	$2.300M	$2.900M	$2.700M	$2.200M	$2.200M
YoY Change	248.86%	-69.2%	-92.02%	68.12%	181.13%	12.77%	-7.84%	1357.14%	-12.5%	-90.48%	663.64%	-26.67%	-16.67%	-10.0%	-9.09%	0.0%	-4.35%	21.05%	0.0%	0.0%	-9.52%	-8.7%	-11.54%	0.0%	8.33%	4.35%	-20.69%	7.41%	22.73%	0.0%
Long-Term Debt	$322.0M	$257.3M	$17.40M	$27.20M	$21.50M	$11.50M	$13.50M	$14.50M	$24.00M	$19.30M	$9.200M	$37.50M	$42.50M	$46.50M	$46.50M	$61.20M	$59.20M	$23.50M	$23.10M	$17.50M	$25.60M	$2.000M	$2.000M	$100.0K	$100.0K	$200.0K	$200.0K	$0.00	$0.00	$1.900M	$0.00
YoY Change	25.17%	1378.61%	-36.03%	26.51%	86.96%	-14.81%	-6.9%	-39.58%	24.35%	109.78%	-75.47%	-11.76%	-8.6%	0.0%	-24.02%	3.38%	151.91%	1.73%	32.0%	-31.64%	1180.0%	0.0%	1900.0%	0.0%	-50.0%	0.0%			-100.0%
Other Long-Term Liabilities	$47.84M	$30.53M	$17.30M	$16.40M	$13.10M	$14.10M	$12.40M	$13.90M	$12.80M	$8.000M	$6.700M	$5.300M	$4.700M	$1.900M	$2.600M	$5.700M	$3.900M	$4.100M	$3.300M	$2.600M	$2.500M	$2.100M	$1.700M	$1.200M	$1.000M	$1.100M	$2.900M	$1.000M	$900.0K	$900.0K	$800.0K
YoY Change	56.71%	76.46%	5.49%	25.19%	-7.09%	13.71%	-10.79%	8.59%	60.0%	19.4%	26.42%	12.77%	147.37%	-26.92%	-54.39%	46.15%	-4.88%	24.24%	26.92%	4.0%	19.05%	23.53%	41.67%	20.0%	-9.09%	-62.07%	190.0%	11.11%	0.0%	12.5%
Total Long-Term Liabilities	$369.9M	$287.8M	$34.70M	$43.60M	$34.60M	$25.60M	$25.90M	$28.40M	$36.80M	$27.30M	$15.90M	$42.80M	$47.20M	$48.40M	$49.10M	$66.90M	$63.10M	$27.60M	$26.40M	$20.10M	$28.10M	$4.100M	$3.700M	$1.300M	$1.100M	$1.300M	$3.100M	$1.000M	$900.0K	$2.800M	$800.0K
YoY Change	28.52%	729.41%	-20.41%	26.01%	35.16%	-1.16%	-8.8%	-22.83%	34.8%	71.7%	-62.85%	-9.32%	-2.48%	-1.43%	-26.61%	6.02%	128.62%	4.55%	31.34%	-28.47%	585.37%	10.81%	184.62%	18.18%	-15.38%	-58.06%	210.0%	11.11%	-67.86%	250.0%
Total Liabilities	$2.696B	$2.133B	$1.931B	$1.697B	$1.312B	$1.292B	$1.233B	$1.100B	$1.043B	$824.5M	$822.9M	$793.0M	$797.1M	$743.8M	$668.0M	$615.8M	$542.5M	$528.7M	$487.7M	$458.6M	$425.3M	$394.3M	$387.7M	$382.8M	$313.7M	$285.0M	$268.9M	$259.9M	$225.8M	$213.6M	$197.9M
YoY Change	26.36%	10.45%	13.79%	29.41%	1.56%	4.75%	12.1%	5.43%	26.53%	0.19%	3.77%	-0.51%	7.17%	11.35%	8.48%	13.51%	2.61%	8.41%	6.35%	7.83%	7.86%	1.7%	1.28%	22.03%	10.07%	5.99%	3.46%	15.1%	5.71%	7.93%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	4.383M	3.970M	3.945M	3.844M	3.598M	3.578M	3.550M
Diluted Shares Outstanding	4.383M	3.970M	3.945M	3.846M	3.600M	3.580M	3.552M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $329.23 Million

About CITIZENS FINANCIAL SERVICES INC

Citizens Financial Services, Inc. is a holding company, which operates as a community bank. The company is headquartered in Mansfield Pennsylvania, Pennsylvania and currently employs 401 full-time employees. The Bank is a full-service bank engaged in a range of banking activities and services for individual, business, governmental and institutional customers. These activities and services principally include checking, savings, and time deposit accounts; residential, commercial, and agricultural real estate, commercial and industrial, state and political subdivision and consumer loans; and a variety of other specialized financial services. The Trust and Investment division of the Bank offers a full range of client investment, estate, mineral management, and retirement services. The Bank operates 39 full-service offices, one limited branch office, and four mortgage centers in its market areas. The company is engaged in the ownership and management of CZFS Acquisition Company, LLC, its subsidiary, the Bank and the Banks subsidiaries, First Citizens Insurance Agency, Inc. and 1st Realty of PA LLC.

Industry: State Commercial Banks Peers: FIRST BUSINESS FINANCIAL SERVICES, INC. FVCBankcorp, Inc. PCB BANCORP PCSB Financial Corp PNC FINANCIAL SERVICES GROUP, INC. USCB FINANCIAL HOLDINGS, INC. UNITY BANCORP INC /NJ/