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what it is
Citizens & Northern is a local bank that takes deposits, makes loans, and sells trust and insurance services in Pennsylvania and New York.
how it gets paid
Last year Citizens & Northern made $139M in revenue. net interest income was the main engine at $104.3M, or 75% of sales.
why it's growing
Revenue grew 8.7% last year. Revenue rose 191% vs. prior year. EPS rose 190% vs. prior year.
what just happened
Quarter revenue hit $98M, and EPS reached $1.22.
At a glance
B balance sheet — gets the job done, barely
80/100 earnings predictability — you can trust these numbers
12.2x trailing p/e — the market's not buying it — or you found a deal
5.2% dividend yield — cash in your pocket every quarter
$1.69 fy2024 eps est
xvary composite: 63/100 — average
What they do
Citizens & Northern is a local bank that takes deposits, makes loans, and sells trust and insurance services in Pennsylvania and New York.
This is a town bank, not a megabank. It has $2.17B in deposits and $205M in long-term debt, a roughly 10-to-1 gap. That means your customers are funding the loan book more than borrowed money is.
How they make money
$139M
annual revenue · their business grew +8.7% last year
net interest income
$104.3M
mortgage and loan fees
$13.9M
trust and asset management
$8.3M
insurance and brokerage
$6.9M
service charges and other income
$5.6M
The products that matter
deposits and commercial lending
Community Banking
core earnings engine
This sits behind the $112M net interest income line, which makes up 80.6% of total revenue.
80.6% of revenue
residential real estate lending
Mortgage Lending
rate-sensitive business
Mortgage activity matters, but it lives inside a $139M total revenue base, so you need both loan demand and spreads to cooperate.
depends on rates
trust and advisory services
Wealth Management
fee income support
This helps diversify the model, but the entire non-interest income bucket is only $27M, or 19.4% of revenue.
19.4% of revenue
Key numbers
$139M
annual revenue
This is the size of the whole machine. For a bank this small, every percentage point of margin matters.
5.2%
dividend yield
You get paid 5.2% to wait. That is the whole appeal if the loan book stays healthy.
12.2x
trailing p/e
You are paying 12.2 times earnings. That is not pricey for a steady local bank.
$205M
long-term debt
Debt is the bill. At $205M, it is smaller than deposits, which is why the balance sheet looks manageable.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 2 — safer than 80% of stocks
- price stability 85 / 100
- long-term debt $205M (35% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for CZNC right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Quarter revenue hit $98M, and EPS reached $1.22.
Revenue rose 191% vs. prior year. EPS rose 190% vs. prior year. Web data puts profit margin at 20.1%, which is high for a bank this size.
$98M
revenue
$1.22
eps
20.1%
profit margin
the number that mattered
The quarter's $98M in revenue mattered most. It showed the bank can still grow fast while keeping earnings at $1.22 per share.
source: company earnings report, 2026
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What could go wrong
the top risk is net interest margin compression at a bank that gets 80.6% of revenue from net interest income.
high
Net interest margin pressure
This is the core risk. $112M of annual revenue comes from net interest income, so tighter spreads or more expensive deposits hit the main earnings engine directly.
80.6% of revenue is exposed to this one issue
med
No moat, small scale
A $139M revenue bank does not get the same deposit scale, technology budget, or pricing flexibility as larger regional peers. When competition gets tougher, scale usually wins.
The entire business is only $389M in market value
med
Regulatory and filing overhang
The existing 424b3 SEC filing deserves attention even if the current snapshot does not spell out the final consequence. For a small bank, compliance or capital surprises matter more because there is less room to absorb them.
Thin disclosure here is a risk in itself
low
Thin analyst coverage
Only 3 analysts cover the stock. That can leave you with less price discovery, fewer fresh estimates, and sharper moves when even modest news arrives.
Limited coverage means a thinner consensus signal
80.6% of revenue comes from net interest income, so rates and deposit competition can overwhelm every other line item.
source: institutional data · regulatory filings · risk analysis
Pay attention to
earnings date
Q1 2026 earnings report
Consensus calls for $0.58 EPS on $35.6M revenue. For a predictable bank, the easiest way to lose trust is to stop being predictable.
core metric
Net interest income
It is $112M today and makes up 80.6% of revenue. If that line weakens, the rest of the model is too small to hide it.
regulatory
Any update tied to the 424b3 filing
The current data set flags the filing but does not fully explain the end state. You want clarity, not suspense, when regulation is involved.
price behavior
Whether shares can stay above the middle of the $18–$24 range
This stock is stable, but stable is not the same as strong. A bank with a 63/100 composite score still needs a catalyst to rerate.
Analyst rankings
earnings predictability
80 / 100
Management usually delivers numbers close to expectations. In human-speak: this bank does not tend to surprise people.
risk rank
2
Safer than 80% of stocks on this scale. That's useful if you own it for income, but safety is not the same thing as upside.
source: institutional data
Institutional activity
institutional ownership data for CZNC is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$21
current price
n/a
target midpoint · n/a from current
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