Published on 25 Apr 2024 on GuruFocus.com via Yahoo Finance
Citizens Financial Services Inc (CZFS) Q1 Earnings: A Close Look Compared to Analyst Estimates
Net Income: Reported at $7.024 million for Q1 2024, slightly above the estimated $7.30 million.Earnings Per Share (EPS): Basic and diluted EPS stood at $1.49, falling short of the estimated $1.55.Revenue: Generated $20.958 million in net interest income, below the estimated revenue of $22.20 million.Dividends: Declared a quarterly cash dividend of $0.49 per share, marking a 2.1% increase from the previous year.Asset Quality: Non-performing assets increased to $15.713 million from $10.880 million in the previous year.Market Capitalization: Experienced a significant decrease in market value per share to $49.20 from $83.55 year-over-year.Operational Growth: Total assets grew to $2.921 billion as of March 31, 2024, up from $2.335 billion on the same date in 2023.
Warning! GuruFocus has detected 5 Warning Signs with CZFS.