CZNC - Citizens & Northern Corp Stock Price, Fair Value and News

17.85USD-0.03 (-0.17%)Market Closed

Market Summary

USD17.85-0.03

Market Closed

-0.17%

CZNC Stock Price

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CZNC RSI Chart

CZNC Valuation

Market Cap

274.5M

Price/Earnings (Trailing)

11.37

Price/Sales (Trailing)

2.42

EV/EBITDA

1.93

Price/Free Cashflow

8.77

CZNC Price/Sales (Trailing)

CZNC Profitability

EBT Margin

26.86%

Return on Equity

9.2%

Return on Assets

0.96%

Free Cashflow Yield

11.4%

CZNC Fundamentals

CZNC Revenue

Revenue (TTM)

113.5M

Rev. Growth (Yr)

16.94%

Rev. Growth (Qtr)

3.84%

CZNC Earnings

Earnings (TTM)

24.1M

Earnings Growth (Yr)

-45.22%

Earnings Growth (Qtr)

-43.87%

Breaking Down CZNC Revenue

Last 7 days

4.8%

Last 30 days

-1.8%

Last 90 days

-16%

Trailing 12 Months

-8.1%

How does CZNC drawdown profile look like?

CZNC Financial Health

Debt/Equity

0.13

Debt/Cashflow

1.02

CZNC Investor Care

Dividend Yield

6.27%

Dividend/Share (TTM)

1.12

Buy Backs (1Y)

1.19%

Diluted EPS (TTM)

1.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	97.0M	103.7M	109.1M	113.5M
2022	84.5M	85.4M	88.0M	92.6M
2021	81.9M	85.8M	85.1M	84.5M
2020	68.7M	68.1M	72.6M	77.2M
2019	51.5M	56.3M	60.8M	64.8M
2018	46.6M	47.6M	48.8M	50.3M
2017	44.3M	44.7M	45.2M	45.9M
2016	44.3M	44.0M	44.0M	44.1M
2015	45.8M	45.4M	45.0M	44.5M
2014	47.7M	46.9M	46.4M	46.0M
2013	54.5M	52.3M	50.5M	48.9M
2012	60.7M	59.8M	58.3M	56.6M
2011	61.7M	61.7M	61.6M	61.3M
2010	0	66.0M	64.1M	62.1M
2009	0	0	0	68.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Citizens & Northern Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 08, 2024	loughery robert g	bought	4,961	18.1065	274	-
Apr 08, 2024	shattuck katherine w	bought	8,455	18.1065	467	-
Apr 08, 2024	pellegrino frank g	bought	8,854	18.1065	489	-
Mar 08, 2024	shattuck katherine w	bought	1,688	17.9677	94.00	-
Mar 08, 2024	pellegrino frank g	bought	1,688	17.9677	94.00	-
Feb 20, 2024	hoose harold f iii	acquired	37,497	19.2	1,953	exec. vp
Feb 20, 2024	james glenn richard	acquired	7,200	19.2	375	evp counsel, corp secretary
Feb 20, 2024	dunsmore stan r	acquired	25,593	19.2	1,333	exec. vp, chief credit officer
Feb 20, 2024	hughes mark a	acquired	33,235	19.2	1,731	exec. vp and cfo
Feb 20, 2024	rush blair t	acquired	29,491	19.2	1,536	executive vice president

Which funds bought or sold CZNC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-60.39	-20,000	10,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-21.63	253	152,008	-%
Apr 19, 2024	IVC Wealth Advisors LLC	reduced	-19.32	-961,143	2,000,670	1.16%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	-	-%
Apr 10, 2024	Fulton Bank, N.A.	sold off	-100	-213,219	-	-%
Apr 05, 2024	CWM, LLC	new	-	-	-	-%
Apr 05, 2024	GAMMA Investing LLC	sold off	-100	-264	-	-%
Apr 02, 2024	ST GERMAIN D J CO INC	unchanged	-	-6,672	34,330	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-0.04	430,489	1,981,740	-%
Mar 11, 2024	VANGUARD GROUP INC	added	3.4	3,977,150	16,348,000	-%

Are Funds Buying or Selling CZNC?

Are funds buying CZNC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CZNC

No. of Funds

Unveiling Citizens & Northern Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 26, 2024	blackrock inc.	7.5%	1,146,881	SC 13G/A
Jan 31, 2023	blackrock inc.	7.1%	1,095,741	SC 13G/A
Feb 01, 2022	blackrock inc.	6.9%	1,089,905	SC 13G/A
Jan 29, 2021	blackrock inc.	6.5%	1,026,241	SC 13G/A
Feb 05, 2020	blackrock inc.	6.8%	937,358	SC 13G/A

Recent SEC filings of Citizens & Northern Corp

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Mar 15, 2024	DEF 14A	DEF 14A
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 11, 2024	10-K	Annual Report
Feb 22, 2024	4	Insider Trading
Feb 22, 2024	4	Insider Trading
Feb 22, 2024	4	Insider Trading

Peers (Alternatives to Citizens & Northern Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	289.0M	96.6M	-4.81%	8.26%	9.12	2.99	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

Citizens & Northern Corp News

Latest updates

Citizens & Northern Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.8%	30.00	29.00	28.00	26.00	26.00	24.00	21.00	22.00	21.00	21.00	20.00	22.00	22.00	22.00	17.00	17.00	17.00	17.00	17.00	13.00	13.00
EBITDA Margin	-9.0%	1.00*	1.09*	1.13*	1.21*	1.27*	1.30*	1.37*	1.37*	1.39*	1.38*	1.30*	1.28*	1.20*	-	-	-	-	-	-	-	-
Interest Expenses	-0.4%	20.00	20.00	20.00	21.00	22.00	21.00	20.00	20.00	20.00	19.00	19.00	20.00	20.00	19.00	14.00	14.00	14.00	14.00	14.00	12.00	12.00
Income Taxes	-10.0%	2.00	2.00	1.00	1.00	2.00	1.00	2.00	1.00	2.00	2.00	2.00	2.00	1.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	-37.2%	6.00	9.00	7.00	8.00	10.00	5.00	9.00	8.00	9.00	9.00	9.00	11.00	8.00	3.00	7.00	5.00	7.00	6.00	4.00	6.00	7.00
EBT Margin	-14.1%	0.27*	0.31*	0.29*	0.33*	0.35*	0.36*	0.41*	0.42*	0.45*	0.43*	0.36*	0.36*	0.30*	-	-	-	-	-	-	-	-
Net Income	-43.9%	4.00	8.00	6.00	6.00	8.00	4.00	7.00	7.00	7.00	7.00	7.00	9.00	7.00	3.00	5.00	4.00	5.00	5.00	4.00	5.00	6.00
Net Income Margin	-16.1%	0.21*	0.25*	0.24*	0.27*	0.29*	0.30*	0.34*	0.34*	0.36*	0.35*	0.30*	0.29*	0.25*	-	-	-	-	-	-	-	-
Free Cashflow	-10.0%	7.00	8.00	8.00	9.00	8.00	12.00	7.00	5.00	9.00	9.00	9.00	5.00	10.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.3%	2,516	2,484	2,471	2,430	2,454	2,400	2,411	2,330	2,328	2,355	2,339	2,334	2,239	2,353	1,745	1,629	1,654	1,643	1,610	1,290	251
Cash Equivalents	8.0%	57.00	53.00	52.00	52.00	55.00	64.00	69.00	114	105	199	209	207	102	174	78.00	33.00	35.00	51.00	40.00	44.00	37.00
Net PPE	1.7%	22.00	21.00	21.00	21.00	22.00	22.00	22.00	21.00	21.00	21.00	21.00	21.00	22.00	22.00	18.00	18.00	17.00	16.00	16.00	15.00	15.00
Goodwill	0%	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	24.00	28.00	28.00	29.00	29.00	16.00	12.00
Liabilities	0.4%	2,253	2,244	2,223	2,174	2,205	2,161	2,152	2,054	2,026	2,055	2,035	2,034	1,939	2,056	1,490	1,378	1,410	1,400	1,370	1,088	1,094
Short Term Borrowings	45.7%	34.00	23.00	31.00	93.00	80.00	2.00	90.00	2.00	2.00	2.00	2.00	10.00	20.00	41.00	14.00	38.00	86.00	21.00	27.00	5.00	13.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33.00	36.00
Shareholder's Equity	9.2%	262	240	248	256	249	239	259	276	301	299	304	300	300	296	256	251	244	243	240	202	197
Retained Earnings	0.0%	157	157	154	152	152	148	148	145	143	140	137	134	130	127	129	127	126	125	123	123	123
Additional Paid-In Capital	0.3%	144	144	144	143	144	144	143	143	144	144	144	143	144	143	104	104	105	104	104	72.00	73.00
Shares Outstanding	0.1%	15.00	15.00	15.00	15.00	16.00	16.00	15.00	16.00	16.00	16.00	16.00	16.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	286	-	-	-	358	-	-	-	378	-	-	-	275	-	-	-	348	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-8.4%	7,747	8,458	7,794	9,549	8,058	12,524	8,369	5,648	9,709	9,724	9,698	5,713	10,184	8,843	1,630	4,127	6,185	8,692	4,764	2,820	7,435
Cashflow From Investing	32.3%	-12,846	-18,967	-47,895	26,506	-54,440	-19,710	-142,418	-18,120	-74,245	-28,683	-12,976	12,009	42,632	87,725	-61,084	27,307	-34,620	-17,699	62,450	12,537	-4,973
Cashflow From Financing	-24.4%	9,569	12,655	40,151	-37,641	38,636	2,293	89,140	21,870	-29,771	8,094	4,993	85,566	-124,947	-2,232	104,668	-33,958	12,674	20,945	-71,711	-8,742	-5,666
Dividend Payments	0.4%	3,866	3,851	3,901	3,951	3,944	3,938	3,966	4,017	3,996	4,015	4,053	3,912	3,901	3,898	3,342	3,328	3,328	3,327	3,324	4,062	2,949
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	1,531	157	-	-	-	163	-	-	-	189	-

CZNC Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest and fees on loans:
Taxable	$ 98,854	$ 78,599	$ 74,549
Tax-exempt	2,225	1,965	1,770
Income from available-for-sale debt securities:
Taxable	8,555	8,360	5,114
Tax-exempt	2,427	3,001	2,684
Other interest and dividend income	1,443	722	384
Total interest and dividend income	113,504	92,647	84,501
INTEREST EXPENSE
Interest on deposits	24,233	6,638	4,538
Interest on short-term borrowings	3,240	429	23
Interest on long-term borrowings - FHLB advances	4,230	896	399
Interest on senior notes, net	479	477	293
Interest on subordinated debt, net	922	1,079	1,309
Total interest expense	33,104	9,519	6,562
Net interest income	80,400	83,128	77,939
Provision for credit losses	186	7,255	3,661
Net interest income after provision for credit losses	80,214	75,873	74,278
NONINTEREST INCOME
Trust revenue	7,413	6,994	7,234
Brokerage and insurance revenue	1,675	2,291	1,860
Net gains from sale of loans	723	757	3,428
Increase in cash surrender value of life insurance	2,703	545	573
Other noninterest income	4,610	3,698	3,580
Realized (losses) gains on available-for-sale debt securities, net	(3,036)	20	24
Total noninterest income	24,417	24,432	25,881
NONINTEREST EXPENSE
Salaries and employee benefits	44,195	41,833	37,603
Net occupancy and equipment expense	5,357	5,533	4,984
Data processing and telecommunications expense	7,582	6,806	5,903
Automated teller machine and interchange expense	1,682	1,601	1,433
Pennsylvania shares tax	1,602	1,956	1,951
Professional fees	2,497	2,005	2,243
Other noninterest expense	11,233	8,221	8,355
Total noninterest expense	74,148	67,955	62,472
Income before income tax provision	30,483	32,350	37,687
Income tax provision	6,335	5,732	7,133
NET INCOME	$ 24,148	$ 26,618	$ 30,554
EARNINGS PER COMMON SHARE - BASIC (in dollars per share)	$ 1.57	$ 1.71	$ 1.92
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share)	$ 1.57	$ 1.71	$ 1.92
Service charges on deposit accounts
NONINTEREST INCOME
Revenue	$ 5,567	$ 5,019	$ 4,633
Interchange revenue from debit card transactions
NONINTEREST INCOME
Revenue	4,160	4,148	3,855
Loan servicing fees, net
NONINTEREST INCOME
Revenue	$ 602	$ 960	$ 694

CZNC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash and due from banks:
Noninterest-bearing	$ 24,855,000	$ 25,811,000
Interest-bearing	32,023,000	29,237,000
Total cash and due from banks	56,878,000	55,048,000
Available-for-sale debt securities, at fair value	415,755,000	498,033,000
Loans receivable	1,848,139,000	1,740,040,000
Allowance for credit losses	(19,208,000)	(16,615,000)
Loans, net	1,828,931,000	1,723,425,000
Bank-owned life insurance	63,674,000	31,214,000
Accrued interest receivable	9,140,000	8,653,000
Bank premises and equipment, net	21,632,000	21,574,000
Foreclosed assets held for sale	478,000	275,000
Deferred tax asset, net	17,441,000	20,884,000
Goodwill	52,505,000	52,505,000
Core deposit intangibles, net	2,469,000	2,877,000
Other assets	46,681,000	39,819,000
TOTAL ASSETS	2,515,584,000	2,454,307,000
Deposits:
Noninterest-bearing	490,554,000	563,843,000
Interest-bearing	1,524,252,000	1,433,750,000
Total deposits	2,014,806,000	1,997,593,000
Short-term borrowings	33,874,000	80,062,000
Long-term borrowings - FHLB advances	138,337,000	62,347,000
Senior notes, net	14,831,000	14,765,000
Subordinated debt, net	24,717,000	24,607,000
Accrued interest and other liabilities	26,638,000	25,608,000
TOTAL LIABILITIES	2,253,203,000	2,204,982,000
STOCKHOLDERS' EQUITY
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued
Common stock, par value $1.00 per share; authorized 30,000,000 shares; issued 16,030,172 and outstanding 15,295,135 at December 31, 2023; issued 16,030,172 and outstanding 15,518,819 at December 31, 2022	16,030,000	16,030,000
Paid-in capital	144,388,000	143,950,000
Retained earnings	157,028,000	151,743,000
Treasury stock, at cost; 735,037 shares at December 31, 2023 and 511,353 shares at December 31, 2022	(16,628,000)	(12,520,000)
Accumulated other comprehensive loss	(38,437,000)	(49,878,000)
TOTAL STOCKHOLDERS' EQUITY	262,381,000	249,325,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 2,515,584,000	$ 2,454,307,000

About Citizens & Northern Corp

Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and lending services to individual and corporate customers. The company's lending portfolio includes commercial, mortgage, and consumer loans, as well as specialized instruments such as commercial letters-of-credit; and offers deposit products, which includes various types of checking accounts, passbook and statement savings, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposit. It provides wealth management services, such as retirement planning, estate planning, estate settlements, and asset management services; and insurance products through broker-dealer, which includes mutual funds, annuities, educational savings accounts, and other investment products through registered agents, as well as offers reinsures credit and mortgage, life and accident, and health insurance products. The company was founded in 1864 and is headquartered in Wellsboro, Pennsylvania.

CEO	Mr. J. Bradley Scovill
WEBSITE	cnbankpa.com
INDUSTRY	Banks Diversified
EMPLOYEES	412

Citizens & Northern Corp Frequently Asked Questions

What is the ticker symbol for Citizens & Northern Corp? What does CZNC stand for in stocks?

CZNC is the stock ticker symbol of Citizens & Northern Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Citizens & Northern Corp (CZNC)?

As of Wed Apr 24 2024, market cap of Citizens & Northern Corp is 274.5 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CZNC stock?

You can check CZNC's fair value in chart for subscribers.

What is the fair value of CZNC stock?

You can check CZNC's fair value in chart for subscribers. The fair value of Citizens & Northern Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Citizens & Northern Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CZNC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Citizens & Northern Corp a good stock to buy?

The fair value guage provides a quick view whether CZNC is over valued or under valued. Whether Citizens & Northern Corp is cheap or expensive depends on the assumptions which impact Citizens & Northern Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CZNC.

What is Citizens & Northern Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, CZNC's PE ratio (Price to Earnings) is 11.37 and Price to Sales (PS) ratio is 2.42. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CZNC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Citizens & Northern Corp's stock?

In the past 10 years, Citizens & Northern Corp has provided 0.037 (multiply by 100 for percentage) rate of return.