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

Citizens Financial Services (NASDAQ:CZFS) announced its quarterly earnings data on Thursday. The company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.14, Zacks reports. Citizens Financial Services had a net margin of 16.24% and a return on equity of 9.86%.

Citizens Financial Services Price Performance

NASDAQ:CZFS traded up $2.17 during trading hours on Thursday, hitting $62.67. The company’s stock had a trading volume of 10,845 shares, compared to its average volume of 13,208. Citizens Financial Services has a twelve month low of $38.52 and a twelve month high of $75.40. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.97 and a quick ratio of 0.96. The stock has a fifty day simple moving average of $65.33 and a 200-day simple moving average of $59.00. The company has a market capitalization of $298.31 million, a P/E ratio of 10.82 and a beta of 0.55.

Citizens Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a dividend of $0.49 per share. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.13%. Citizens Financial Services’s dividend payout ratio (DPR) is currently 33.85%.

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.