Citizens Financial Services, Inc. operates as the bank holding company for First Citizens Community Bank that provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services. The company also provides professional trust administration, investment management services, estate planning and administration, custody of securities, and individual retirement accounts. In addition, it offers brokerage and financial planning services, as well as assistance in various oil and gas leasing matters; and mutual funds, annuities, and health and life insurance products. As of December 31, 2021, the company operates thirty full-service banking branches in Potter, Tioga, Bradford, Clinton, Lebanon, Lancaster, Berks, Schuylkill, Centre, and Chester counties, Pennsylvania; Allegany County, New York; and Wilmington and Dover, Delaware, as well as a limited branch office in Union County, Pennsylvania. Citizens Financial Services, Inc. was founded in 1932 and is headquartered in Mansfield, Pennsylvania.
IPO Year:
Exchange: NASDAQ
Website: https://www.firstcitizensbank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/30/2024 | $53.00 | Neutral → Buy | Janney |
| 6/29/2023 | Buy → Neutral | Janney |
Janney upgraded Citizens Financial Serv. from Neutral to Buy and set a new price target of $53.00
Janney downgraded Citizens Financial Serv. from Buy to Neutral
10-Q - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
S-8 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
10-Q - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
8-K - CITIZENS FINANCIAL SERVICES INC (0000739421) (Filer)
MANSFIELD, Pa., July 30, 2024 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and six months ended June 30, 2024. Highlights The acquisition of HV Bancorp, Inc. ("HVB,") completed one year ago, has bolstered the Company's balance sheet growth and expanded its geographic reach into demographically attractive markets. The acquisition has resulted in positive increases to non-interest income driven by gains on loans sold and the gain on the sale of certain assets acquired through HVB's online lending platform known as Braavo. The Company executed the sale
MANSFIELD, Pa., Jan. 30, 2024 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released 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 co
MANSFIELD, Pa., July 31, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and six months ended June 30, 2023. Highlights The acquisition of HV Bancorp, Inc.("HVB") was completed on June 16, 2023. The acquisition included available for sale investments of $79.2 million, loans with a fair value of $486.1 million and deposits with a fair value of $533.4 million. Based on the closing price on June 16, the deal valuation was approximately $76.7 million. Merger and acquisitions costs for 2023 total $8.6 million through June 30, 2023. The provision for cred
MANSFIELD, Pa. , June 16, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) (the "Company" or "CZFS"), the holding company for First Citizens Community Bank ("FCCB"), completed its merger with HV Bancorp, Inc. (NASDAQ:HVBC) and FCCB completed its merger with HVBC's subsidiary bank, Huntingdon Valley Bank ("HVB"). Under the terms of the merger agreement, HVBC merged with and into CZFS with CZFS as the surviving corporation and HVB merged with and into FCCB with FCCB as the surviving institution. This strategically compelling merger is expected to enhance and expand CZFS's presence in communities located in Montgomery, Bucks and Philadelphia Counties in Pennsylvania, New Cas
MANSFIELD, Pa., June 9, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) ("CZFS") announced today that the exchange ratio for the pending merger HV Bancorp, Inc. ("HVBC") with and into CZFS has been finalized at 0.4040 shares of CZFS stock for each share of HVBC stock. The original exchange ratio has been adjusted from 0.4000 shares of CZFS stock for each share of HVBC stock to 0.4040 shares of CZFS stock for each share of HVBC stock to reflect the 1% stock dividend declared on May 30, 2023 by CZFS and payable on June 30, 2023. About Citizens Financial Services, Inc. Citizens Financial Services, Inc. (NASDAQ:CZFS) is a $2.3 billion bank holding company conducting business
MANSFIELD, Pa., April 27, 2023 /PRNewswire/ -- Citizens Financial Services, Inc (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three months ended March 31, 2023. Highlights Citizens Financial Services, Inc. has received regulatory approval for the acquisition of HV Bancorp, Inc.("HVB"), with the transaction expected to close on June 16, 2023.Net income was $6.9 million for the three months ended March 31, 2023, which is 1.9% more than the net income for 2022's comparable period. The increase was due to an increase in net interest income. The effective tax rate for the three months ended March 31, 2023 was 19
MANSFIELD, Pa., Jan. 30, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three months and year ended December 31, 2022. Highlights Two new branches were opened in November of 2022 in Ephrata, Pennsylvania and Greenville, Delaware and we look forward to serving our customers in these new markets. We have also received approval to open a new branch in Williamsport, Pennsylvania, which is expected in the second quarter of 2023.Citizens Financial Services, Inc. continues to work on plans to integrate HV Bancorp, Inc.("HVB") into the Company, with the transact
MANSFIELD, Pa., Dec. 6, 2022 /PRNewswire/ -- The Board of Directors of Citizens Financial Services, Inc. (CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash dividend for its shareholders. The cash dividend of $0.48 per share is payable on December 30, 2022 to shareholders of record at the close of business on December 16, 2022. This quarterly cash dividend is an increase of 3.1% over the regular cash dividend of $0.465 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2022. "We work hard to remain strong, resilient and well-positioned. Our consistent cash dividend payment reflects our commitment to our sh
MANSFIELD, Penn., Oct. 24, 2022 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and nine months ended September 30, 2022. Highlights Citizens Financial Services, Inc. and HV Bancorp, Inc. sign definitive agreement for Citizens Financial Services, Inc. to acquire HV Bancorp, Inc. The transaction is expected to close in the first half of 2023.Two new branches are scheduled to open in November of 2022 in Ephrata, Pennsylvania and Greenville, Delaware.Net loan growth for the quarter was $141.9 million and for year-to-date was $295.4 million or 27.7% on an an
MANSFIELD, Pa., Sept. 2, 2022 /PRNewswire/ -- The Board of Directors of Citizens Financial Services, Inc. (CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash dividend for its shareholders. The cash dividend of $0.48 per share is payable on September 30, 2022 to shareholders of record at the close of business on September 16, 2022. This quarterly cash dividend is an increase of 3.1% over the regular cash dividend of $0.465 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2022. "We believe that the recent uplisting of our stock to the Nasdaq Capital Market has complemented our demonstrated growth, and our c
MANSFIELD, Penn., Oct. 30, 2024 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and nine months ended September 30, 2024. Highlights Net income for the first nine months of 2024 was $19.8 million, which was $9.6 million, or 93.1% more than net income for the nine months ended September 30, 2023 due to the one-time merger and acquisition costs and the provision for credit losses on non-purchase credit deteriorated loans (the "NPC Provision") recorded in the second quarter of 2023. The effective tax rate for the first nine months of 2024 was 17.8% compare
MANSFIELD, Pa., July 30, 2024 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and six months ended June 30, 2024. Highlights The acquisition of HV Bancorp, Inc. ("HVB,") completed one year ago, has bolstered the Company's balance sheet growth and expanded its geographic reach into demographically attractive markets. The acquisition has resulted in positive increases to non-interest income driven by gains on loans sold and the gain on the sale of certain assets acquired through HVB's online lending platform known as Braavo. The Company executed the sale
MANSFIELD, Penn., April 25, 2024 /PRNewswire/ -- Citizens Financial Services, Inc (NASDAQ:CZFS), parent company of First Citizens Community Bank (the "Bank"), released today its unaudited consolidated financial results for the three months ended March 31, 2024. Highlights The financial results of the Company continue to benefit from the acquisition of HV Bancorp, Inc. ("HVB") that closed in the second quarter of 2023.During the first quarter of 2024, the Company completed the sale of certain assets acquired as part of the HVB acquisition, which included loans and accrued interest, and software, as well as transferring certain contracts, processes and employees of a division internally known
MANSFIELD, Pa., Jan. 30, 2024 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released 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 co
MANSFIELD, Pa., July 31, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and six months ended June 30, 2023. Highlights The acquisition of HV Bancorp, Inc.("HVB") was completed on June 16, 2023. The acquisition included available for sale investments of $79.2 million, loans with a fair value of $486.1 million and deposits with a fair value of $533.4 million. Based on the closing price on June 16, the deal valuation was approximately $76.7 million. Merger and acquisitions costs for 2023 total $8.6 million through June 30, 2023. The provision for cred
MANSFIELD, Pa. , June 16, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) (the "Company" or "CZFS"), the holding company for First Citizens Community Bank ("FCCB"), completed its merger with HV Bancorp, Inc. (NASDAQ:HVBC) and FCCB completed its merger with HVBC's subsidiary bank, Huntingdon Valley Bank ("HVB"). Under the terms of the merger agreement, HVBC merged with and into CZFS with CZFS as the surviving corporation and HVB merged with and into FCCB with FCCB as the surviving institution. This strategically compelling merger is expected to enhance and expand CZFS's presence in communities located in Montgomery, Bucks and Philadelphia Counties in Pennsylvania, New Cas
MANSFIELD, Pa. and DOYLESTOWN, Pa., June 13, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) ("CZFS") announced today the preliminary results of the elections regarding the merger consideration to be received by stockholders of HV Bancorp, Inc. (NASDAQ:HVBC) ("HVBC") in HVBC's pending merger with CZFS. CZFS and HVBC anticipate closing the transaction on June 16, 2023, subject to the satisfaction of customary closing conditions. HVBC stockholders were entitled to elect to receive either (x) $30.50 in cash or (y) 0.4040 shares of CZFS common stock for each share of HVBC common stock and will receive cash in lieu of fractional shares based on the average of the daily closin
MANSFIELD, Pa., June 9, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) ("CZFS") announced today that the exchange ratio for the pending merger HV Bancorp, Inc. ("HVBC") with and into CZFS has been finalized at 0.4040 shares of CZFS stock for each share of HVBC stock. The original exchange ratio has been adjusted from 0.4000 shares of CZFS stock for each share of HVBC stock to 0.4040 shares of CZFS stock for each share of HVBC stock to reflect the 1% stock dividend declared on May 30, 2023 by CZFS and payable on June 30, 2023. About Citizens Financial Services, Inc. Citizens Financial Services, Inc. (NASDAQ:CZFS) is a $2.3 billion bank holding company conducting business
MANSFIELD, Pa. and DOYLESTOWN, Pa., May 9, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) (the "Company" or "CZFS") and HV Bancorp, Inc. (NASDAQ:HVBC) ("HVBC") announced today the deadline for shareholders of HVBC to elect the form of consideration that they wish to receive in HVBC's pending merger with CZFS. CZFS and HVBC anticipate closing the transaction on June 16, 2023, subject to the satisfaction of customary closing conditions. HVBC shareholders who wish to elect to receive either CZFS common stock or cash, or a combination of stock and cash, in exchange for their shares of HVBC common stock must deliver a properly completed Election Form to Broadridge Corporate
MANSFIELD, Pa., April 27, 2023 /PRNewswire/ -- Citizens Financial Services, Inc (NASDAQ:CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three months ended March 31, 2023. Highlights Citizens Financial Services, Inc. has received regulatory approval for the acquisition of HV Bancorp, Inc.("HVB"), with the transaction expected to close on June 16, 2023.Net income was $6.9 million for the three months ended March 31, 2023, which is 1.9% more than the net income for 2022's comparable period. The increase was due to an increase in net interest income. The effective tax rate for the three months ended March 31, 2023 was 19
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
SC 13G/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Subject)
SC 13G/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Subject)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4/A - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
4 - CITIZENS FINANCIAL SERVICES INC (0000739421) (Issuer)
Janney Montgomery Scott analyst Jake Civiello upgrades Citizens Financial Servs (NASDAQ:CZFS) from Neutral to Buy.
Citizens Financial Servs (NASDAQ:CZFS) reported quarterly earnings of $1.49 per share which missed the analyst consensus estimate of $1.55 by 3.87 percent. This is a 12.87 percent decrease over earnings of $1.71 per share from the same period last year.
Citizens Financial Servs (NASDAQ:CZFS) reported quarterly earnings of $1.60 per share which missed the analyst consensus estimate of $1.62 by 1.23 percent. This is a 18.78 percent decrease over earnings of $1.97 per share from the same period last year.
Citizens Financial Servs (NASDAQ:CZFS) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.57 by 2.55 percent. This is a 14.36 percent decrease over earnings of $1.88 per share from the same period last year.
On Thursday, 369 companies hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Coca-Cola (NYSE:KO). The smallest company by market cap to hit a new 52-week low was Neptune Wellness Solns (NASDAQ:NEPT). Aethlon Medical (NASDAQ:AEMD)'s stock fell the most, as it traded down 838.3% to reach a new 52-week low. American Tower (NYSE:AMT)'s stock showed potential to rebound, rebounding up 0.0% after reaching a new 52-week low. The following stocks achieved new 52-week lows on Thursday: Bank of America (NYSE:BAC) shares hit a yearly low of $25.56. The stock was down 0.73% on the session. Bristol-My
On Tuesday, 647 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company on a market cap basis to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company by market cap to set a new 52-week low. Stryve Foods (NASDAQ:SNAX) shares dropped the most, trading down 27.96% to reach its new 52-week low. Royal Bank of Canada (NYSE:RY) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Tuesday: Bank of America (NYSE:BAC) shares set a new yearly low of $26.16 this morning. The stock was down 0.75% on
Friday's session saw 169 companies set new 52-week lows. Points of Interest From Today's 52-Week Lows: Bristol-Myers Squibb (NYSE:BMY) was the largest firm by market cap to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company in terms of market cap to set a new 52-week low. PTC Therapeutics (NASDAQ:PTCT)'s stock fell the most, as it traded down 31.29% to reach a new 52-week low. Prelude Therapeutics (NASDAQ:PRLD)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. On Friday, the following stocks set new 52-week lows: Bristol-Myers Squibb (NYSE:BMY) stock dropped to a yearly low on Friday of $58.92. Shares traded down
Wednesday marks the last chance for investors to receive the next dividend payout from Citizens Financial Servs (NASDAQ:CZFS). What's Happening The company announced on Friday that it would pay shareholders a quarterly dividend of 49 cents per share. On Thursday, Citizens Financial Servs will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 49 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own CZFS as of the end of Wednesday's session are eligible to recei
During the Friday's sesion, 157 stocks hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Corteva (NYSE:CTVA) was the biggest company on a market cap basis to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was American Rebel Holdings (NASDAQ:AREB). Mullen Automotive (NASDAQ:MULN) made the largest move down on the session, with shares plummeting 815.93% to reach its 52-week low. BNY Mellon Strategic (NYSE:LEO) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. The following stocks created new 52-week lows on Friday: Corteva (NYSE:CTVA) shares hit a yearly low of $52.02. The stock
Citizens Financial Servs (NASDAQ:CZFS) reported quarterly losses of $(1.01) per share which missed the analyst consensus estimate of $(0.02) by 4950 percent. This is a 158.72 percent decrease over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $20.20 million which beat the analyst consensus estimate of $18.40 million by 9.79 percent. This is a 0.84 percent increase over sales of $20.03 million the same period last year.