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

18.78USD+0.80 (+4.45%)Delayed

Market Summary

USD18.78+0.80

Delayed

4.45%

CZNC Stock Price

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CZNC RSI Chart

CZNC Valuation

Market Cap

288.8M

Price/Earnings (Trailing)

12.45

Price/Sales (Trailing)

2.45

EV/EBITDA

2.2

Price/Free Cashflow

10.7

CZNC Price/Sales (Trailing)

CZNC Profitability

EBT Margin

24.88%

Return on Equity

8.87%

Return on Assets

0.92%

Free Cashflow Yield

9.35%

CZNC Fundamentals

CZNC Revenue

Revenue (TTM)

117.7M

Rev. Growth (Yr)

16.06%

Rev. Growth (Qtr)

0.33%

CZNC Earnings

Earnings (TTM)

23.2M

Earnings Growth (Yr)

-15.14%

Earnings Growth (Qtr)

24.52%

Breaking Down CZNC Revenue

Last 7 days

5.0%

Last 30 days

10.2%

Last 90 days

-3.5%

Trailing 12 Months

-3.4%

How does CZNC drawdown profile look like?

CZNC Financial Health

Debt/Equity

0.13

Debt/Cashflow

0.91

CZNC Investor Care

Dividend Yield

5.96%

Dividend/Share (TTM)

1.12

Shares Dilution (1Y)

0.10%

Diluted EPS (TTM)

1.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	117.7M	0	0	0
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

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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
May 03, 2024	pellegrino frank g	bought	5,041	17.878	282	-
May 03, 2024	shattuck katherine w	bought	2,842	17.878	159	-
Apr 08, 2024	shattuck katherine w	bought	8,455	18.1065	467	-
Apr 08, 2024	loughery robert g	bought	4,961	18.1065	274	-
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	james glenn richard	acquired	7,200	19.2	375	evp counsel, corp secretary

Which funds bought or sold CZNC recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.89	-26,955	28,245	-%
May 15, 2024	Evergreen Wealth Solutions, LLC	added	0.14	-60,614	314,633	0.23%
May 15, 2024	DEUTSCHE BANK AG\	added	16.15	-4,176	147,742	-%
May 15, 2024	STATE STREET CORP	added	0.36	-1,091,100	5,739,940	-%
May 15, 2024	MORGAN STANLEY	reduced	-26.67	-311,624	495,642	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-38.76	-278,520	293,112	-%
May 15, 2024	BARCLAYS PLC	reduced	-49.66	-265,000	193,000	-%
May 15, 2024	QSV Equity Investors LLC	added	0.19	-186,803	972,447	0.94%
May 15, 2024	Stone House Investment Management, LLC	new	-	1,447,260	1,447,260	0.34%
May 15, 2024	Cetera Advisor Networks LLC	reduced	-	-160,264	824,480	-%

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
May 14, 2024	8-K	Current Report
May 13, 2024	13F-HR	Fund Holdings Report
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 08, 2024	4/A	Insider Trading
May 08, 2024	4/A	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 06, 2024	4	Insider Trading
May 06, 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	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.3%	30.00	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
EBITDA Margin	-6.1%	0.93*	1.00*	1.09*	1.13*	1.21*	1.27*	1.30*	1.37*	1.37*	1.39*	1.38*	1.30*	1.28*	-	-	-	-	-	-	-	-
Interest Expenses	-2.8%	19.00	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
Income Taxes	-30.6%	1.00	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
Earnings Before Taxes	9.1%	6.00	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
EBT Margin	-7.4%	0.25*	0.27*	0.31*	0.29*	0.33*	0.35*	0.36*	0.41*	0.42*	0.45*	0.43*	0.36*	0.36*	-	-	-	-	-	-	-	-
Net Income	24.5%	5.00	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
Net Income Margin	-7.3%	0.20*	0.21*	0.25*	0.24*	0.27*	0.29*	0.30*	0.34*	0.34*	0.36*	0.35*	0.30*	0.29*	-	-	-	-	-	-	-	-
Free Cashflow	-27.4%	5.00	7.00	8.00	8.00	9.00	8.00	12.00	7.00	5.00	9.00	9.00	9.00	5.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	2,522	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
Cash Equivalents	-18.3%	46.00	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
Net PPE	1.0%	22.00	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
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	53.00	24.00	28.00	28.00	29.00	29.00	16.00
Liabilities	0.3%	2,260	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
Short Term Borrowings	44.2%	49.00	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
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33.00
Shareholder's Equity	-0.3%	262	262	240	248	256	249	239	259	276	301	299	304	300	300	296	256	251	244	243	240	202
Retained Earnings	0.7%	158	157	157	154	152	152	148	148	145	143	140	137	134	130	127	129	127	126	125	123	123
Additional Paid-In Capital	-1.0%	143	144	144	144	143	144	144	143	143	144	144	144	143	144	143	104	104	105	104	104	72.00
Shares Outstanding	0.5%	15.00	15.00	15.00	15.00	15.00	16.00	16.00	15.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-26.0%	5,729	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
Cashflow From Investing	-45.0%	-18,623	-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
Cashflow From Financing	-74.3%	2,464	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
Dividend Payments	-100.0%	-	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
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	1,531	157	-	-	-	163	-	-	-	189

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CZNC Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Interest and fees on loans:
Taxable	$ 26,703	$ 22,431
Tax-exempt	545	571
Income from available-for-sale debt securities:
Taxable	2,136	2,211
Tax-exempt	553	640
Other interest and dividend income	399	286
Total interest and dividend income	30,336	26,139
INTEREST EXPENSE
Interest on deposits	8,891	3,230
Interest on short-term borrowings	597	1,097
Interest on long-term borrowings - FHLB advances	1,456	681
Interest on senior notes, net	120	120
Interest on subordinated debt, net	231	230
Total interest expense	11,295	5,358
Net interest income	19,041	20,781
Provision (credit) for credit losses	954	(352)
Net interest income after provision (credit) for credit losses	18,087	21,133
NONINTEREST INCOME
Trust revenue	1,897	1,777
Brokerage and insurance revenue	539	430
Net gains from sale of loans	191	74
Increase in cash surrender value of life insurance	470	138
Other noninterest income	1,017	771
Realized gains on available-for-sale debt securities, net	0	7
Total noninterest income	6,675	5,616
NONINTEREST EXPENSE
Salaries and employee benefits	11,562	11,427
Net occupancy and equipment expense	1,450	1,402
Data processing and telecommunications expense	1,992	1,936
Automated teller machine and interchange expense	487	475
Pennsylvania shares tax	433	403
Professional fees	518	937
Other noninterest expense	1,862	2,507
Total noninterest expense	18,304	19,087
Income before income tax provision	6,458	7,662
Income tax provision	1,152	1,409
NET INCOME	$ 5,306	$ 6,253
EARNINGS PER COMMON SHARE - BASIC (in dollars per share)	$ 0.35	$ 0.40
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share)	$ 0.35	$ 0.40
Service charges on deposit accounts
NONINTEREST INCOME
Revenue	$ 1,318	$ 1,290
Interchange revenue from debit card transactions
NONINTEREST INCOME
Revenue	1,013	1,007
Loan servicing fees, net
NONINTEREST INCOME
Revenue	$ 230	$ 122

CZNC Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Cash and due from banks:
Noninterest-bearing	$ 18,084,000	$ 24,855,000
Interest-bearing	28,364,000	32,023,000
Total cash and due from banks	46,448,000	56,878,000
Available-for-sale debt securities, at fair value	405,094,000	415,755,000
Loans receivable	1,872,449,000	1,848,139,000
Allowance for credit losses	(20,023,000)	(19,208,000)
Loans, net	1,852,426,000	1,828,931,000
Bank-owned life insurance	49,857,000	63,674,000
Accrued interest receivable	9,465,000	9,140,000
Bank premises and equipment, net	21,852,000	21,632,000
Foreclosed assets held for sale	456,000	478,000
Deferred tax asset, net	17,703,000	17,441,000
Goodwill	52,505,000	52,505,000
Core deposit intangibles, net	2,372,000	2,469,000
Other assets	63,359,000	46,681,000
TOTAL ASSETS	2,521,537,000	2,515,584,000
Deposits:
Noninterest-bearing	493,962,000	490,554,000
Interest-bearing	1,501,941,000	1,524,252,000
Total deposits	1,995,903,000	2,014,806,000
Short-term borrowings	48,831,000	33,874,000
Long-term borrowings - FHLB advances	148,824,000	138,337,000
Senior notes, net	14,848,000	14,831,000
Subordinated debt, net	24,745,000	24,717,000
Accrued interest and other liabilities	26,730,000	26,638,000
TOTAL LIABILITIES	2,259,881,000	2,253,203,000
STOCKHOLDERS' EQUITY
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued	0	0
Common stock, par value $1.00 per share; authorized 30,000,000 shares; issued 16,030,172 and outstanding 15,378,065 at March 31, 2024; issued 16,030,172 and outstanding 15,295,135 at December 31, 2023	16,030,000	16,030,000
Paid-in capital	143,016,000	144,388,000
Retained earnings	158,051,000	157,028,000
Treasury stock, at cost; 652,107 shares at March 31, 2024 and 735,037 shares at December 31, 2023	(14,735,000)	(16,628,000)
Accumulated other comprehensive loss	(40,706,000)	(38,437,000)
TOTAL STOCKHOLDERS' EQUITY	261,656,000	262,381,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 2,521,537,000	$ 2,515,584,000

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 Fri May 17 2024, market cap of Citizens & Northern Corp is 288.76 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 Fri May 17 2024, CZNC's PE ratio (Price to Earnings) is 12.45 and Price to Sales (PS) ratio is 2.45. 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 0.045 (multiply by 100 for percentage) rate of return.