Citizens & Northern Corp (CZNC) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Citizens & Northern Corp (CZNC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Citizens & Northern Corp is a Pennsylvania based community bank operating through its subsidiaries. It provides banking services, including deposit and loan products for personal and commercial customers. Citizens & Northern Corp has a market cap of $323.750 million; its shares were traded at around $26.28 with a P/E ratio of 14.71 and P/S ratio of 4.99. The dividend yield of Citizens & Northern Corp stocks is 4.12%.


For the last quarter Citizens & Northern Corp reported a revenue of $6.95 million, compared with the revenue of $14.90 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $56.3 million, a decrease of 3.6% from the previous year. For the last five years Citizens & Northern Corp had an average revenue decline of 1.1% a year.

The reported diluted earnings per share was $1.79 for the year, an increase of 62.7% from previous year. Over the last five years Citizens & Northern Corp had an EPS growth rate of 0.5% a year. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, Citizens & Northern Corp has the cash and cash equivalents of $37.5 million, compared with $40.2 million in the previous year. The company had no long term debt, compared with $9.19 million in the previous year. Citizens & Northern Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $26.28, Citizens & Northern Corp is traded at 22.1% premium to its historical median P/S valuation band of $21.52. The P/S ratio of the stock is 4.99, while the historical median P/S ratio is 4.10. The stock gained 21.60% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Frank G Pellegrino bought 162 shares of CZNC stock on 02/08/2019 at the average price of $25.21. The price of the stock has increased by 4.24% since.

For the complete 20-year historical financial data of CZNC, click here.

This article first appeared on GuruFocus.


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