Citizens Financial Services (NASDAQ:CZFS) Posts Earnings Results, Beats Expectations By $0.14 EPS

Citizens Financial Services (NASDAQ:CZFS) announced its quarterly earnings data on Tuesday. The company reported $1.68 earnings per share for the quarter, topping 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 4.2 %

Shares of CZFS opened at $63.00 on Wednesday. Citizens Financial Services has a twelve month low of $38.52 and a twelve month high of $75.40. The firm has a market capitalization of $299.88 million, a P/E ratio of 10.73 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. The stock’s fifty day simple moving average is $64.51 and its 200 day simple moving average is $59.38.

Citizens Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid 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 dividend yield of 3.11%. Citizens Financial Services’s dividend payout ratio 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.