Citizens Financial Services (NASDAQ:CZFS) Announces Earnings Results

Citizens Financial Services (NASDAQ:CZFS) posted its earnings results on Thursday. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.14, Zacks reports. Citizens Financial Services had a net margin of 16.24% and a return on equity of 9.86%.

Citizens Financial Services Stock Performance

NASDAQ:CZFS traded up $2.17 during trading hours on Thursday, reaching $62.67. The company had a trading volume of 10,845 shares, compared to its average volume of 13,208. The firm has a market cap of $298.31 million, a price-to-earnings ratio of 10.82 and a beta of 0.55. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.78. The firm’s 50 day moving average price is $65.33 and its 200-day moving average price is $59.00. Citizens Financial Services has a 52 week low of $38.52 and a 52 week high of $75.40.

Citizens Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 3.13%. The ex-dividend date was Friday, December 13th. Citizens Financial Services’s dividend payout ratio is currently 33.85%.

Citizens Financial Services Company Profile

Citizens Financial Services, Inc, a bank holding company, 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.