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Citizens Financial Services CZFS · USD

Financials · US listing · 🇺🇸 United States

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86.18

+1.54%

Close of 9 Nov 2026, in USD

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Citizens Financial Services annual report

Filed with the US Securities and Exchange Commission

10-K

The latest annual report covers the year to 31 Dec 2025, filed on 12 Mar 2026.

Read the 10-K on SEC.gov ↗

Five-year highlights

In USD.

FY2025FY2024FY2023FY2022FY2021
Revenue, before interest expense$173.2m$168.6m$138.7m$93.1m$85.5m
Operating income$45.1m$33.7m$21.5m$35.5m$35.3m
Net income$36.6m$27.8m$17.8m$29.1m$29.1m
Total assets$3.06bn$3.03bn$2.98bn$2.33bn$2.14bn
Shareholders' equity$338.1m$299.7m$279.7m$200.1m$212.5m

Revenue by business

Year to 31 Dec 2020

  • Service Charges [Member] $4.2m · 63.4%
  • Transaction fees related to specific transactions or activities resulting from a customer request or activity that include overdraft fees, online banking fees, interchange fees, ATM fees and other transaction fees. All of these fees are attributable to specific performance obligations where the revenue is recognized at a defined point in time, completion of the requested service/transaction. $4.2m · 63.4%
  • Fees includes commissions from the sales of investments and insurance products recognized on a trade date basis as the performance obligation is satisfied at the point in time in which the trade is processed. Additional fees are based on a percentage of the market value of customer accounts and billed on a monthly/quarterly basis. $1.3m · 19.5%
  • Typical contracts for trust services are based on a fixed percentage of the assets earned ratably over a defined period and billed on a monthly. Fees charged to customers' accounts are recognized as revenue over the period during which the Company fulfills its performance obligation under the contract (i.e., holding client asset in a managed fiduciary trust account). For these accounts, the performance obligation of the Company is typically satisfied by holding and managing the customer's assets over time. $803,000 · 12.1%
  • Other [Member] $339,000 · 5.1%

Filings

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