Citizens & Northern (CZNC) AI Stock Analysis

• Market Cap: $405.17M
• Dividend Yield: 5.43%
• Average Volume (3M): 55.31K
• Price to Earnings (P/E): 15.6
• Beta (1Y): 0.63
• Revenue Growth: 5.76%
• EPS Growth: 21.85%
• Country: US
• Employees: 386
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.56
• Shares Outstanding: 17,801,872
• 10 Day Avg. Volume: 47,637
• 30 Day Avg. Volume: 55,312
• PEG Ratio: 1.43
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 9.12
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 2.04
• Enterprise Value/Gross Profit: 3.02
• Enterprise Value/Ebitda: 9.16
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $25.00 ▲(27.16% Upside)

The score is driven primarily by strong financial performance (growth, profitability, and cash generation) and a stable balance sheet, complemented by an attractive valuation with a high dividend yield. Technicals are constructive but tempered by overbought momentum signals that increase near-term volatility risk.

Positive Factors

Revenue Growth

The significant revenue growth rate indicates a strong market demand for the company's services, enhancing its competitive position and supporting long-term business expansion.

Cash Flow Generation

Robust cash flow growth demonstrates efficient operations and financial health, enabling the company to invest in growth opportunities and maintain financial stability.

Strategic Merger

The merger expands market reach and operational capabilities, aligning with strategic goals and potentially increasing customer base and shareholder value.

Negative Factors

Potential Margin Anomalies

Unusual margin figures could signal non-recurring items, affecting the reliability of profitability metrics and potentially misleading long-term financial assessments.

Integration Challenges

Integration challenges could strain resources and distract management, potentially impacting operational efficiency and delaying expected merger benefits.

Moderate Leverage

Moderate leverage, while manageable, could limit financial flexibility and increase risk during economic downturns, affecting long-term financial stability.

Citizens & Northern Business Overview & Revenue Model

Company Description

Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and mortgage services to individual and corporate customers. The company offers lending products include commercial, mortgage, and consumer loans, as well as specialized instruments, such as commercial letters-of-credit; and deposit products, including various types of checking accounts, passbook and statement savings accounts, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits. It also offers wealth management services, including administration of trusts and estates, retirement plans, and other employee benefit plans, and investment management services; and a range of personal and commercial insurance products; mutual funds, annuities, educational savings accounts, and other investment products through registered agents. In addition, the company reinsures credit and mortgage, life and accident, and health insurance products. As of December 31, 2021, it had 31 branch offices, including 23 in the Northern tier/Northcentral region of Pennsylvania, 2 in the Southern tier of New York State, 4 in Southeastern Pennsylvania, and 2 in Southcentral Pennsylvania, as well as a lending office in Elmira, New York. The company was founded in 1864 and is based in Wellsboro, Pennsylvania.

How the Company Makes Money

Citizens & Northern generates revenue primarily through interest income from its loan portfolio, which includes commercial loans, consumer loans, and real estate mortgages. Additionally, the bank earns non-interest income from fees associated with various banking services, such as account maintenance, ATM usage, and transaction services. Wealth management services, including investment advisory and fiduciary services, also contribute to its revenue streams. The company has established partnerships with local businesses and community organizations, enhancing its customer base and service offerings. Economic factors such as interest rates and market conditions also play a significant role in influencing its earnings.

Citizens & Northern Financial Statement Overview

Summary

Strong overall fundamentals supported by high TTM revenue growth (45%), robust profitability (net margin 66.95%), and solid free cash flow growth (16.35%) with very high FCF-to-net income (98.95%). Balance sheet leverage is moderate (debt-to-equity 0.59) with healthy ROE (9.59%). A noted risk is potentially anomalous EBIT/EBITDA margins, which warrants monitoring.

Income Statement

Citizens & Northern has demonstrated strong revenue growth with a TTM revenue growth rate of 45%. The gross profit margin is robust at 69.59%, and the net profit margin has improved significantly to 66.95% in the TTM period. However, the EBIT and EBITDA margins are unusually high, indicating potential reporting anomalies or one-time gains. Overall, the income statement reflects a positive growth trajectory and solid profitability.

Balance Sheet

The balance sheet shows a stable financial position with a debt-to-equity ratio of 0.59 in the TTM period, indicating moderate leverage. Return on equity is healthy at 9.59%, reflecting efficient use of equity capital. The equity ratio is not directly provided, but the company maintains a solid equity base relative to its assets. Overall, the balance sheet is stable, with manageable debt levels and good equity returns.

Cash Flow

Cash flow analysis reveals a positive trend with a 16.35% growth in free cash flow in the TTM period. The free cash flow to net income ratio is strong at 98.95%, indicating efficient cash generation relative to earnings. However, the operating cash flow to net income ratio is not provided, which limits a full assessment. Overall, cash flow is strong, supporting the company's growth and operational needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	159.48M	155.47M	136.24M	115.48M	108.95M	100.44M
Gross Profit	107.97M	104.31M	102.95M	98.70M	98.73M	86.93M
EBITDA	35.60M	34.05M	32.63M	34.74M	39.82M	25.19M
Net Income	27.14M	25.96M	24.15M	26.62M	30.55M	19.22M
Balance Sheet
Total Assets	2.66B	2.61B	2.52B	2.45B	2.33B	2.24B
Cash, Cash Equivalents and Short-Term Investments	333.21M	348.61M	472.63M	553.08M	622.63M	451.19M
Total Debt	174.25M	207.67M	211.76M	181.78M	77.56M	91.18M
Total Liabilities	2.37B	2.34B	2.25B	2.20B	2.03B	1.94B
Stockholders Equity	293.96M	275.28M	262.38M	249.32M	301.40M	299.76M
Cash Flow
Free Cash Flow	31.69M	31.13M	31.28M	31.31M	32.98M	21.65M
Operating Cash Flow	33.50M	33.03M	33.55M	34.60M	34.84M	24.78M
Investing Cash Flow	-55.75M	-20.94M	-53.20M	-234.69M	-103.89M	96.58M
Financing Cash Flow	-37.63M	58.70M	24.73M	151.94M	68.88M	-56.47M

Citizens & Northern Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 19.66
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CZNC, the sentiment is Positive. The current price of 19.66 is below the 20-day moving average (MA) of 21.18, below the 50-day MA of 20.81, and above the 200-day MA of 19.40, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 67.25 is Neutral, neither overbought nor oversold. The STOCH value of 66.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CZNC.

Citizens & Northern Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNLC	77 Outperform	$306.85M	8.91	11.86%	5.24%	10.46%	18.70%
FSBW	75 Outperform	$315.63M	9.79	10.77%	3.17%	4.43%	-12.94%
CZNC	74 Outperform	$405.17M	15.62	9.42%	5.43%	5.76%	21.85%
CBAN	74 Outperform	$414.00M	12.25	9.63%	2.55%	6.92%	26.93%
PLBC	73 Outperform	$348.54M	11.04	12.34%	2.63%	11.98%	-10.12%
PCB	72 Outperform	$320.01M	8.70	9.38%	3.57%	10.93%	42.68%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Citizens & Northern Corporate Events

Citizens & Northern Declares Regular Quarterly Cash Dividend

On January 22, 2026, Citizens & Northern Corporation’s board declared a regular quarterly cash dividend of $0.28 per share, payable on February 13, 2026 to shareholders of record as of February 2, 2026. The move underscores the company’s continued commitment to returning capital to shareholders through consistent dividend payments, signaling stability in its capital management policy.

The most recent analyst rating on (CZNC) stock is a Hold with a $23.50 price target. To see the full list of analyst forecasts on Citizens & Northern stock, see the CZNC Stock Forecast page.