CITIZENS FINANCIAL SERVICES, INC. REPORTS UNAUDITED FULL YEAR AND FOURTH QUARTER 2023 FINANCIAL RESULTS [Yahoo! Finance]
Citizens Financial Services, Inc. (CZFS)
NASDAQ:AMEX Investor Relations:
investor.citizensbank.com/about-us/investor-relations.aspx
Company Research
Source: Yahoo! Finance
today its unaudited consolidated financial results for the three months and year ended December 31, 2023 Highlights During the fourth quarter of 2023, we continued to integrate the assets and employees acquired as part of the acquisition of HV Bancorp, Inc. ("HVB") into the Company. We continue to be excited by the opportunities these markets and individuals represent for the Company. The acquisition of HVB in the first half of 2023 contributed significant growth to net interest income in the second half of 2023. Merger and acquisitions costs for 2023 total $9.3 million . The provision for credit losses on non-purchase credit deteriorated loans (the "NPC Provision") was $4.6 million for 2023. Net income was $17.8 million for 2023, which is $11.3 million , or 38.7% lower than 2022's net income due to the one-time merger and acquisition costs and the NPC Provision. The effective tax rate for 2023 was 17.2% compared to 18.1% in 2022. Net income was $7.5 million for the three mont
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News
- CITIZENS FINANCIAL SERVICES, INC. REPORTS UNAUDITED FIRST QUARTER 2024 FINANCIAL RESULTS [Yahoo! Finance]Yahoo! Finance
- CITIZENS FINANCIAL SERVICES, INC. REPORTS UNAUDITED FIRST QUARTER 2024 FINANCIAL RESULTSPR Newswire
- Citizens Financial Services, Inc. (NASDAQ:CZFS) Pays A US$0.49 Dividend In Just Two Days [Yahoo! Finance]Yahoo! Finance
- Citizens Financial Services (NASDAQ:CZFS) Is Due To Pay A Dividend Of $0.49 [Yahoo! Finance]Yahoo! Finance
- Investors in Citizens Financial Services (NASDAQ:CZFS) have unfortunately lost 43% over the last year [Yahoo! Finance]Yahoo! Finance
CZFS
Sec Filings
- 4/25/24 - Form 8-K
- 4/19/24 - Form 4
- 4/17/24 - Form 8-K
- CZFS's page on the SEC website