Citizens Financial Services, Inc. (CZFS) Income Statement
CZFS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCZFS revenue and net income
Where CZFS's revenue goes
2025Each bar shows an amount and its share of revenue. CZFS kept 21.1% of revenue as net income.
CZFS profit margins
CZFS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.7% | +23.0% | +16.2% | +14.9% |
| Gross profit | +11.8% | +11.0% | +9.0% | +11.3% |
| Operating income | +33.9% | +8.3% | +8.2% | +12.1% |
| Net income | +31.5% | +8.0% | +7.8% | +12.1% |
| EPS (diluted) | +27.3% | +2.3% | +3.8% | +8.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CZFS quarterly EPS vs estimates
Citizens Financial Services beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $2.20).
CZFS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $173.2M | $168.6M | $138.7M | $93.1M | $85.5M | $81.7M | $70.4M | $64.5M | $56.7M | $50.9M |
| Cost of revenue | $63.5M | $70.4M | $52.4M | $12.9M | $8.7M | $10.5M | $13.7M | $11.5M | $8.4M | $6.6M |
| Gross profit | $109.7M | $98.2M | $86.3M | $80.2M | $76.9M | $71.2M | $56.7M | $53.0M | $48.4M | $44.3M |
| Sales, general & admin | $45.9M | $41.3M | $36.5M | $28.5M | $26.4M | $25.8M | $20.5M | $19.5M | $18.2M | $17.1M |
| Total operating expenses | $64.6M | $64.5M | $64.8M | $44.7M | $41.5M | $40.8M | $33.3M | $31.6M | $29.3M | $28.7M |
| Operating income | $45.1M | $33.7M | $21.5M | $35.5M | $35.3M | $30.4M | $23.3M | $21.4M | $19.1M | $15.7M |
| Interest income | $157.5M | $152.8M | $125.7M | $82.7M | $72.8M | $69.9M | $61.5M | $56.3M | $47.8M | $42.7M |
| Interest expense | $61.2M | $67.9M | $46.9M | $11.2M | $7.1M | $8.1M | $12.0M | $9.6M | $5.8M | $5.0M |
| Income before taxes | $45.1M | $33.7M | $21.5M | $35.5M | $35.3M | $30.4M | $23.3M | $21.4M | $19.1M | $15.7M |
| Income taxes | $8.5M | $5.9M | $3.7M | $6.4M | $6.2M | $5.3M | $3.8M | $3.4M | $6.0M | $3.0M |
| Net income | $36.6M | $27.8M | $17.8M | $29.1M | $29.1M | $25.1M | $19.5M | $18.0M | $13.0M | $12.6M |
| EBITDA | $47.2M | $35.5M | $23.0M | $36.5M | $36.4M | $31.5M | $24.4M | $21.8M | $19.3M | $16.0M |
| EPS (diluted) | $7.61 | $5.98 | $6.44 | $7.10 | $6.81 | $6.33 | $5.32 | $4.80 | $3.96 | $3.53 |
| Gross margin | 63.3% | 58.2% | 62.2% | 86.1% | 89.9% | 87.1% | 80.5% | 82.2% | 85.2% | 87.1% |
| Operating margin | 26.0% | 20.0% | 15.5% | 38.1% | 41.3% | 37.2% | 33.1% | 33.2% | 33.6% | 30.8% |
| Net margin | 21.1% | 16.5% | 12.8% | 31.2% | 34.0% | 30.7% | 27.7% | 28.0% | 23.0% | 24.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43.5M | $43.8M | $44.5M | $44.1M | $42.4M | $42.4M | $43.1M | $42.4M | $41.2M | $41.8M | $42.0M | $40.4M |
| Cost of revenue | $14.3M | $14.7M | $15.4M | $15.6M | $15.9M | $16.6M | $16.9M | $17.2M | $18.6M | $17.8M | $16.9M | $14.8M |
| Gross profit | $29.2M | $29.1M | $29.0M | $28.5M | $26.6M | $25.8M | $26.2M | $25.3M | $22.6M | $24.0M | $25.1M | $25.6M |
| Sales, general & admin | $528,000 | $540,000 | $11.0M | $18.9M | $9.7M | $10.7M | $10.1M | $10.3M | $10.1M | $10.8M | $9.9M | $10.5M |
| Total operating expenses | $16.9M | $16.4M | $16.1M | $16.1M | $16.1M | $16.4M | $16.7M | $16.0M | $16.2M | $15.5M | $15.9M | $16.4M |
| Operating income | $12.3M | $12.7M | $12.9M | $12.4M | $10.4M | $9.4M | $9.5M | $9.2M | $6.4M | $8.5M | $9.2M | $9.1M |
| Interest income | $39.1M | $39.9M | $40.7M | $39.8M | $38.3M | $38.6M | $39.4M | $38.3M | $37.5M | $37.5M | $38.1M | $36.3M |
| Interest expense | $13.8M | $14.2M | $14.9M | $15.1M | $15.1M | $16.0M | $16.9M | $17.4M | $16.6M | $17.0M | $16.7M | $14.3M |
| Income before taxes | $12.3M | $12.7M | $12.9M | $12.4M | $10.4M | $9.4M | $9.5M | $9.2M | $6.4M | $8.5M | $9.2M | $9.1M |
| Income taxes | $2.2M | $2.3M | $2.5M | $2.4M | $2.0M | $1.8M | $1.6M | $1.7M | $1.1M | $1.5M | $1.7M | $1.6M |
| Net income | $10.2M | $10.4M | $10.5M | $10.0M | $8.5M | $7.6M | $8.0M | $7.5M | $5.3M | $7.0M | $7.5M | $7.5M |
| EBITDA | $12.8M | $13.2M | $13.6M | $12.9M | $10.9M | $9.8M | $10.0M | $9.7M | $6.8M | $9.0M | $9.7M | $9.6M |
| EPS (diluted) | $2.12 | $2.16 | $2.18 | $2.09 | $1.76 | $1.58 | $1.66 | $1.57 | $1.29 | $1.46 | $1.57 | $1.64 |
| Gross margin | 67.1% | 66.5% | 65.3% | 64.6% | 62.6% | 60.8% | 60.8% | 59.6% | 54.9% | 57.5% | 59.9% | 63.4% |
| Operating margin | 28.4% | 29.0% | 29.1% | 28.0% | 24.6% | 22.1% | 22.1% | 21.8% | 15.5% | 20.3% | 22.0% | 22.7% |
| Net margin | 23.4% | 23.7% | 23.6% | 22.7% | 20.0% | 18.0% | 18.5% | 17.8% | 12.8% | 16.8% | 18.0% | 18.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CZFS's financial statements (latest annual report filed January 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CZFS financial results
In fiscal year 2025 (ended December 31, 2025), Citizens Financial Services reported revenue of $173.2 million, up 2.7% from the year before. It had net income of $36.6 million (up 31.5%), a net profit margin of 21.1%. Diluted earnings per share came to $7.61. Over five years revenue grew at an average rate of 16.2% a year.
See the CZFS stock overview for the latest quote and news, or the CZFS chart for price history and technical indicators.
CZFS income statement FAQ
What is Citizens Financial Services's annual revenue?
Citizens Financial Services reported total revenue of $173.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 2.7% from $168.6 million the previous year.
Is Citizens Financial Services profitable?
Yes. Citizens Financial Services reported net income of $36.6 million in fiscal 2025, a net profit margin of 21.1%; its operating margin was 26.0%.
What is Citizens Financial Services's gross margin?
Citizens Financial Services's gross margin was 63.3% in fiscal 2025: for every $100 of revenue, Citizens Financial Services kept $63 after the direct cost of its products and services.
How fast is Citizens Financial Services growing?
Revenue grew 16.2% a year on average over the last five fiscal years, from $81.7 million to $173.2 million.
What are Citizens Financial Services's earnings per share?
Citizens Financial Services earned $7.61 per diluted share in fiscal 2025, compared with $5.98 a year earlier.
When will Citizens Financial Services report its next earnings?
Citizens Financial Services is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Citizens Financial Services's fiscal year end?
Citizens Financial Services's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on January 29, 2026.