Citizens & Northern (CZNC) AI Stock Analysis

• Market Cap: $342.24M
• Dividend Yield: 5.75%
• Average Volume (3M): 42.57K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 0.73
• Revenue Growth: 5.76%
• EPS Growth: 21.85%
• Country: US
• Employees: 386
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.47
• Shares Outstanding: 17,787,943
• 10 Day Avg. Volume: 53,838
• 30 Day Avg. Volume: 42,573
• 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: 1.10
• Enterprise Value/Revenue: 2.60
• Enterprise Value/Gross Profit: 3.54
• Enterprise Value/Ebitda: 10.67
• 1Y Price Target: $22.00
• Price Target Upside: 14.35% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: $21.00 ▲(9.15% Upside)

Citizens & Northern's stock score is driven by strong valuation metrics, including a low P/E ratio and high dividend yield, which make it attractive for value and income investors. Financial performance is solid, with effective cost management and profitability, though revenue decline and cash conversion efficiency pose risks. Technical indicators suggest bearish momentum, which could impact short-term performance.

Citizens & Northern Business Overview & Revenue Model

Company Description

Citizens & Northern Corporation (CZNC) is a financial services holding company headquartered in Pennsylvania. It operates primarily through its subsidiary, Citizens & Northern Bank, which provides a wide range of banking services, including personal and commercial banking, mortgage lending, and wealth management. The bank serves retail and commercial customers across various sectors, focusing on community-oriented banking solutions tailored to the needs of the local markets.

How the Company Makes Money

CZNC generates revenue through several key streams, primarily from interest income on loans, which includes personal loans, commercial loans, and mortgages. The company earns interest from the loans it extends to customers, with interest rates varying based on creditworthiness and market conditions. Additionally, CZNC generates non-interest income through fees from various banking services, including account maintenance fees, ATM fees, and transaction fees. Wealth management services also contribute to revenue, as customers pay for investment management, financial planning, and advisory services. Furthermore, CZNC may engage in strategic partnerships with other financial institutions or service providers to enhance its product offerings and reach, ultimately contributing to its overall earnings.

Citizens & Northern Financial Statement Overview

Summary

Citizens & Northern is performing well with solid profitability, effective cost management, and a healthy balance sheet. The company has demonstrated consistent revenue growth and maintained strong margins. While the balance sheet shows stable leverage, the increasing debt levels should be monitored. Cash flows are strong, but variability in the Free Cash Flow Growth Rate indicates potential volatility. Overall, the financial health is commendable with a few areas for careful monitoring.

Income Statement

Citizens & Northern showed strong income statement metrics with consistent revenue growth and stable profitability. The TTM (Trailing-Twelve-Months) Gross Profit Margin is healthy at approximately 67.7%, indicating efficient cost management. The Net Profit Margin stands at about 17.1%, reflecting solid bottom-line performance. Revenue growth has been steady over the past years, with a notable increase from 2022 to 2025. However, EBIT and EBITDA margins have seen slight fluctuations, indicating some volatility in operating efficiencies.

Balance Sheet

The balance sheet is robust with a reasonable Debt-to-Equity Ratio of 0.69 as of the latest TTM, suggesting prudent financial leverage. The Return on Equity is strong at about 9.6%, showcasing effective use of equity financing. The Equity Ratio is approximately 10.8%, highlighting a stable capital structure. However, the total debt has increased over the years, which could pose potential risks if not managed carefully.

Cash Flow

Cash flows are well-managed, with a positive Free Cash Flow to Net Income Ratio of around 1.01, indicating strong cash generation relative to earnings. The Operating Cash Flow to Net Income Ratio at approximately 1.07 further supports the company's solid cash flow position. However, the Free Cash Flow Growth Rate has been uneven, reflecting some variability in cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	145.50M	155.47M	136.24M	115.48M	108.95M	100.44M
Gross Profit	106.66M	104.31M	102.95M	98.70M	98.73M	86.93M
EBITDA	35.41M	34.05M	32.63M	34.74M	39.82M	25.19M
Net Income	26.95M	25.96M	24.15M	26.62M	30.55M	19.22M
Balance Sheet
Total Assets	2.61B	2.61B	2.52B	2.45B	2.33B	2.24B
Cash, Cash Equivalents and Short-Term Investments	343.26M	348.61M	472.63M	553.08M	622.63M	451.19M
Total Debt	184.25M	207.67M	211.76M	181.78M	77.56M	91.18M
Total Liabilities	2.32B	2.34B	2.25B	2.20B	2.03B	1.94B
Stockholders Equity	286.36M	275.28M	262.38M	249.32M	301.40M	299.76M
Cash Flow
Free Cash Flow	27.24M	31.13M	31.28M	31.31M	32.98M	21.65M
Operating Cash Flow	28.77M	33.03M	33.55M	34.60M	34.84M	24.78M
Investing Cash Flow	-4.58M	-20.94M	-53.20M	-234.69M	-103.89M	96.58M
Financing Cash Flow	-23.48M	58.70M	24.73M	151.94M	68.88M	-56.47M

Citizens & Northern Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 19.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 19.24 is below the 20-day moving average (MA) of 19.42, below the 50-day MA of 19.79, and below the 200-day MA of 19.35, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 44.27 is Neutral, neither overbought nor oversold. The STOCH value of 64.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CZNC.

Citizens & Northern Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBAN	―	$278.16M	10.28	9.63%	2.81%	6.92%	26.93%
FNLC	―	$274.44M	8.98	11.86%	5.96%	10.46%	18.76%
PCB	―	$304.07M	8.94	9.40%	3.63%	10.93%	43.05%
CZNC	―	$342.24M	11.20	9.44%	5.75%	5.76%	21.85%
FSBW	―	$292.69M	9.52	10.83%	3.35%	4.56%	-12.45%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PLBC	―	$280.73M	9.63	12.34%	2.90%	11.98%	-10.12%

Citizens & Northern Corporate Events

Citizens & Northern Reports Q3 2025 Earnings Growth

Citizens & Northern Corporation, a community banking entity headquartered in Wellsboro, Pennsylvania, operates primarily through its subsidiary, Citizens & Northern Bank, providing a range of banking services across Pennsylvania and New York.

Citizens & Northern Completes Merger with Susquehanna

On October 1, 2025, Citizens & Northern Corporation completed its merger with Susquehanna Community Financial, Inc., resulting in the integration of Susquehanna Community Bank into Citizens & Northern Bank. This strategic move aims to enhance C&N’s market presence in Central Pennsylvania, aligning with its community-focused values and expanding its shareholder and customer base. Key executives from Susquehanna have joined C&N, indicating a smooth transition and potential for strengthened operations.

The most recent analyst rating on (CZNC) stock is a Buy with a $22.50 price target. To see the full list of analyst forecasts on Citizens & Northern stock, see the CZNC Stock Forecast page.

Citizens & Northern Receives Approvals for Susquehanna Merger

On September 22, 2025, Citizens & Northern Corporation announced it received all necessary regulatory and shareholder approvals to proceed with the merger of Susquehanna Community Financial, Inc. into C&N. The merger, initially announced on April 23, 2025, is expected to close on October 1, 2025, pending customary closing conditions. This merger is anticipated to enhance C&N’s market presence and operational capabilities, although it may present challenges such as integration efforts and the need to attract key personnel in Susquehanna’s market area.

The most recent analyst rating on (CZNC) stock is a Buy with a $22.50 price target. To see the full list of analyst forecasts on Citizens & Northern stock, see the CZNC Stock Forecast page.

Citizens & Northern Reports Steady Q2 Earnings Amid Merger Plans

Citizens & Northern Corporation is a community banking company headquartered in Wellsboro, Pennsylvania, operating 28 banking offices across Pennsylvania and New York, and trading on NASDAQ under the symbol CZNC. In its latest earnings report, Citizens & Northern announced a regular quarterly cash dividend and detailed its financial performance for the second quarter of 2025. The company reported a net income of $6.1 million, or $0.40 per diluted share, for the second quarter, slightly down from the previous quarter but consistent with the same period last year. Net interest income saw a notable increase, driven by higher interest margins and asset growth, while the provision for credit losses also rose significantly. The company highlighted a planned merger with Susquehanna Community Financial, expected to close later in the year, which could expand its market presence. Looking ahead, Citizens & Northern’s management remains focused on completing the merger and navigating economic conditions to sustain growth and profitability.