Citizens Financial Services (NASDAQ:CZFS) Announces Earnings Results

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

Citizens Financial Services Trading Up 3.6 %

NASDAQ CZFS traded up $2.17 on Thursday, hitting $62.67. The company’s stock had a trading volume of 10,845 shares, compared to its average volume of 13,208. The company’s 50-day moving average is $65.33 and its 200 day moving average is $59.00. The firm has a market cap of $298.31 million, a PE ratio of 10.82 and a beta of 0.55. Citizens Financial Services has a 1-year low of $38.52 and a 1-year high of $75.40. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.78.

Citizens Financial Services Announces Dividend

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