Citizens Financial Services (NASDAQ:CZFS) Issues Earnings Results

Citizens Financial Services (NASDAQ:CZFS) released its quarterly earnings data on Tuesday. 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 16.39% and a return on equity of 9.93%.

Citizens Financial Services Trading Up 3.3 %

Shares of CZFS stock opened at $65.06 on Thursday. The stock’s 50-day moving average price is $64.40 and its 200-day moving average price is $59.42. Citizens Financial Services has a 12-month low of $38.52 and a 12-month high of $75.40. The stock has a market capitalization of $309.69 million, a price-to-earnings ratio of 11.08 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.

Citizens Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 3.01%. The ex-dividend date was Friday, December 13th. Citizens Financial Services’s dividend payout ratio (DPR) is presently 33.39%.

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.