Citizens Financial Services (CZFS) financial statements
Citizens Financial Services reported revenue of $10M in fiscal 2025, down 15.7% a year over 9 years.
Net income was $37M.
Free cash flow was $35M, and the company returned $10M in dividends and $358,000 in net buybacks.
The diluted share count rose 35% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Citizens Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46M | $51M | $7M | $7M | $7M | $8M | $9M | $9M | $10M | $10M |
| Interest expense | $5M | $6M | $10M | $12M | $8M | $7M | $11M | $47M | — | — |
| Pre-tax income | $16M | $19M | $21M | $23M | $30M | $35M | $35M | $22M | $34M | $45M |
| Income tax | $3M | $6M | $3M | $4M | $5M | $6M | $6M | $4M | $6M | $9M |
| Net income | $13M | $13M | $18M | $19M | $25M | $29M | $29M | $18M | $28M | $37M |
| EPS (diluted) | $3.57 | $3.67 | $5.04 | $5.41 | $6.46 | $7.24 | $7.17 | $3.98 | $5.79 | $7.62 |
| Diluted shares | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 5M | 5M |
| Net margin | 27.6% | 25.6% | 276.9% | 281.4% | 376.9% | 376.3% | 338.4% | 198.5% | 289.5% | 370.1% |
Balance sheet
Fiscal years, from Citizens Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $18M | $19M | $17M | $19M | $69M | $173M | $26M | $53M | $42M | $34M |
| Property, plant and equipment | $17M | $17M | $16M | $16M | $17M | $17M | $18M | $21M | $21M | $21M |
| Goodwill | $21M | $23M | $23M | $23M | $31M | $31M | $31M | $86M | $86M | $86M |
| Total assets | $1.2B | $1.4B | $1.4B | $1.5B | $1.9B | $2.1B | $2.3B | $3.0B | $3.0B | $3.1B |
| Long-term debt | — | — | — | — | — | — | $0 | $2M | $10,000 | $0 |
| Total liabilities | $1.1B | $1.2B | $1.3B | $1.3B | $1.7B | $1.9B | $2.1B | $2.7B | $2.7B | $2.7B |
| Shareholders' equity | $123M | $129M | $139M | $155M | $194M | $212M | $200M | $280M | $300M | $338M |
| Net debt | -$18M | -$19M | -$17M | -$19M | -$69M | -$173M | -$26M | -$51M | -$42M | -$34M |
Cash flow
Fiscal years, from Citizens Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $16M | $16M | $21M | $22M | $12M | $39M | $33M | $27M | $33M | $37M |
| Capital spending | $587,000 | $208,000 | $500,000 | $483,000 | $942,000 | $1M | $2M | $3M | $1M | $1M |
| Free cash flow | $16M | $16M | $21M | $21M | $11M | $38M | $32M | $24M | $32M | $35M |
| Stock-based compensation | $284,000 | $278,000 | $308,000 | $369,000 | $473,000 | $614,000 | $336,000 | $309,000 | $412,000 | $625,000 |
| Dividends paid | $5M | $5M | $6M | $6M | $7M | $7M | $8M | $9M | $9M | $10M |
| Share buybacks (net) | -$3M | -$979,000 | -$1M | -$1M | -$2M | -$1M | -$1M | -$265,000 | -$202,000 | -$358,000 |
| Net borrowing | $38M | $35M | -$23M | -$6M | -$11M | -$15M | $183M | $5M | -$26M | $11M |
| Free cash flow margin | 34.0% | 30.5% | 322.3% | 307.3% | 163.4% | 485.8% | 368.1% | 266.6% | 331.6% | 356.6% |
| Dividends per share | $1.43 | $1.46 | $1.71 | $1.75 | $1.68 | $1.84 | $1.87 | $1.90 | $1.94 | $1.99 |
Questions
What was Citizens Financial Services's revenue in 2025?
$10M in fiscal 2025, from its 10-K filing.
How much free cash flow does Citizens Financial Services generate?
$35M in fiscal 2025 (operating cash flow minus capital spending).
From Citizens Financial Services's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.