CZNCNasdaqState Commercial BanksFiscal year ends December 31
CITIZENS & NORTHERN CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$25.39−0.11 (-0.43%)
Close on Oct 19, 2026
- Market cap
- $451.23M
- P/E (TTM)
- 17.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
19.1%−1.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.3% | +4.5% | +5.9% | +7.7% | |
| Net income | -9.8% | -4.2% | +4.0% | +3.6% | |
| Free cash flow | -3.3% | -1.3% | +6.8% | +4.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.4% | 7.1% | 7.6% | |
| Return on assets | 1.3% | 1.0% | 0.8% | |
| Capex to revenue | 2.8% | 3.4% | 1.6% | |
| Diluted shares | 12M | 15M | 16M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Citizens & Northern generated $168.03M from operations and spent $90.46M on capital expenditure, dividends and share buybacks. 12% of that went back into the business.
Generated
$168.03M
Used
$90.46M
Capital expenditure$11.23M12%Dividends$79.23M88%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin19.1%
×Asset turnover0.04×
×Equity multiplier9.31×
=Return on equity, FY20257.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 19.1% | 0.04× | 9.31× | 7.6% |
| FY2024 | 24.0% | 0.04× | 9.53× | 9.7% |
| FY2023 | 23.0% | 0.04× | 9.71× | 9.4% |
| FY2022 | 24.7% | 0.04× | 8.68× | 9.7% |
| FY2021 | 29.4% | 0.05× | 7.60× | 10.2% |
| FY2020 | 20.9% | 0.05× | 7.15× | 7.1% |
| FY2019 | 26.4% | 0.05× | 6.67× | 8.8% |
| FY2018 | 33.2% | 0.05× | 6.66× | 11.4% |
| FY2017 | 23.0% | 0.05× | 6.73× | 7.2% |
| FY2016 | 27.6% | 0.05× | 6.60× | 8.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$23.43M
- Cash generatingOperating cash flow above zero$32.00M
- Return on assets improvedROA up on the prior year1.0% → 0.9%
- Earnings backed by cashOperating cash flow above net income$32.00M vs $23.43M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise15M → 16M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.05