Citizens & Northern Corporation (CZNC) Income Statement
CZNC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCZNC revenue and net income
Where CZNC's revenue goes
2025Each bar shows an amount and its share of revenue. CZNC kept 15.2% of revenue as net income.
CZNC profit margins
CZNC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.8% | +10.1% | +9.0% | +9.6% |
| Gross profit | −3.4% | +0.7% | +3.0% | +6.0% |
| Operating income | −10.1% | −4.0% | +4.3% | +2.8% |
| Net income | −9.8% | −4.2% | +4.0% | +3.6% |
| EPS (diluted) | +9.5% | +2.7% | +0.9% | +3.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CZNC quarterly EPS vs estimates
Citizens & Northern beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.68).
CZNC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $154.2M | $155.5M | $136.2M | $115.5M | $108.9M | $100.4M | $83.0M | $69.7M | $61.0M | $59.6M |
| Cost of revenue | $53.4M | $51.2M | $33.3M | $16.8M | $10.2M | $13.5M | $11.1M | $5.2M | $4.7M | $4.9M |
| Gross profit | $100.8M | $104.3M | $102.9M | $98.7M | $98.7M | $86.9M | $71.8M | $64.4M | $56.3M | $54.7M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $53.2M | $44.9M | $44.2M | $41.8M | $37.6M | $33.1M | $27.9M | $23.9M | $22.4M | $21.6M |
| Total operating expenses | $72.1M | $72.4M | $72.5M | $66.4M | $61.0M | $63.7M | $48.4M | $38.2M | $35.7M | $33.6M |
| Operating income | $28.6M | $31.9M | $30.5M | $32.4M | $37.7M | $23.2M | $23.4M | $26.3M | $20.6M | $21.1M |
| Interest income | $139.2M | $128.1M | $113.5M | $92.6M | $84.5M | $77.1M | $64.7M | $50.3M | $45.8M | $44.0M |
| Interest expense | $47.4M | $49.0M | $33.1M | $9.5M | $6.6M | $9.6M | $10.3M | $4.6M | $3.9M | $3.7M |
| Income before taxes | $28.6M | $31.9M | $30.5M | $32.4M | $37.7M | $23.2M | $23.4M | $26.3M | $20.6M | $21.1M |
| Income taxes | $5.2M | $5.9M | $6.3M | $5.7M | $7.1M | $4.0M | $3.9M | $4.2M | $7.2M | $5.3M |
| Net income | $23.4M | $26.0M | $24.1M | $26.6M | $30.6M | $19.2M | $19.5M | $22.0M | $13.4M | $15.8M |
| EBITDA | $31.0M | $34.1M | $32.6M | $34.7M | $39.8M | $25.2M | $25.2M | $28.0M | $22.2M | $22.7M |
| EPS (diluted) | $1.85 | $1.69 | $1.57 | $1.71 | $1.92 | $1.77 | $1.69 | $1.66 | $1.28 | $1.30 |
| Gross margin | 65.3% | 67.1% | 75.6% | 85.5% | 90.6% | 86.6% | 86.6% | 92.5% | 92.3% | 91.8% |
| Operating margin | 18.6% | 20.5% | 22.4% | 28.0% | 34.6% | 23.1% | 28.2% | 37.7% | 33.8% | 35.4% |
| Net margin | 15.2% | 16.7% | 17.7% | 23.1% | 28.0% | 19.1% | 23.5% | 31.6% | 22.0% | 26.4% |
| 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 | $39.1M | $48.8M | $36.0M | $40.4M | $40.2M | $38.3M | $40.5M | $39.7M | $38.7M | $36.5M | $35.6M | $35.1M |
| Cost of revenue | $25.7M | $25.7M | $14.3M | $13.6M | $13.7M | $12.0M | $12.3M | $14.1M | $12.4M | $12.2M | $11.6M | $8.2M |
| Gross profit | $13.4M | $23.0M | $21.8M | $26.9M | $26.5M | $26.4M | $28.2M | $25.6M | $26.3M | $24.3M | $24.0M | $26.9M |
| Sales, general & admin | $13.7M | $15.1M | $14.9M | $11.3M | $11.1M | $11.8M | $11.5M | $10.9M | $13.0M | $11.7M | $11.3M | $10.9M |
| Total operating expenses | $13.7M | $22.7M | $16.4M | $18.9M | $19.0M | $18.7M | $18.1M | $17.8M | $18.8M | $17.8M | $18.1M | $17.4M |
| Operating income | −$335,000 | $335,000 | $5.4M | $8.0M | $7.5M | $7.7M | $10.1M | $7.8M | $7.5M | $6.5M | $5.9M | $9.4M |
| Interest income | $41.6M | $40.6M | $41.4M | $33.6M | $32.5M | $31.7M | $33.3M | $33.1M | $31.3M | $30.3M | $30.2M | $29.1M |
| Interest expense | $11.9M | $12.1M | $12.9M | $11.4M | $11.3M | $11.7M | $12.9M | $12.9M | $11.9M | $11.3M | $10.6M | $9.5M |
| Income before taxes | $17.4M | $335,000 | $5.4M | $8.0M | $7.5M | $7.7M | $10.1M | $7.8M | $7.5M | $6.5M | $5.9M | $9.4M |
| Income taxes | $3.4M | $62,000 | $926,000 | $1.5M | $1.4M | $1.4M | $1.9M | $1.4M | $1.4M | $1.2M | $1.7M | $1.8M |
| Net income | $14.1M | $273,000 | $4.5M | $6.6M | $6.1M | $6.3M | $8.2M | $6.4M | $6.1M | $5.3M | $4.3M | $7.6M |
| EBITDA | $354,000 | $1.0M | $6.1M | $8.6M | $8.1M | $8.3M | $10.7M | $8.4M | $8.0M | $7.0M | $6.4M | $10.0M |
| EPS (diluted) | $0.79 | $0.02 | $0.57 | $0.47 | $0.40 | $0.41 | $0.53 | $0.41 | $0.40 | $0.35 | $0.28 | $0.50 |
| Gross margin | 34.2% | 47.2% | 60.4% | 66.5% | 66.0% | 68.8% | 69.6% | 64.4% | 67.8% | 66.5% | 67.4% | 76.6% |
| Operating margin | −0.9% | 0.7% | 15.0% | 19.8% | 18.7% | 20.1% | 25.0% | 19.7% | 19.3% | 17.7% | 16.6% | 26.9% |
| Net margin | 35.9% | 0.6% | 12.4% | 16.2% | 15.2% | 16.4% | 20.2% | 16.0% | 15.8% | 14.5% | 12.0% | 21.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CZNC's financial statements (latest annual report filed March 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CZNC financial results
In fiscal year 2025 (ended December 31, 2025), Citizens & Northern reported revenue of $154.2 million, down 0.8% from the year before. It had net income of $23.4 million (down 9.8%), a net profit margin of 15.2%. Diluted earnings per share came to $1.85. Over five years revenue grew at an average rate of 9.0% a year.
See the CZNC stock overview for the latest quote and news, or the CZNC chart for price history and technical indicators.
CZNC income statement FAQ
What is Citizens & Northern's annual revenue?
Citizens & Northern reported total revenue of $154.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 0.8% from $155.5 million the previous year.
Is Citizens & Northern profitable?
Yes. Citizens & Northern reported net income of $23.4 million in fiscal 2025, a net profit margin of 15.2%; its operating margin was 18.6%.
What is Citizens & Northern's gross margin?
Citizens & Northern's gross margin was 65.3% in fiscal 2025: for every $100 of revenue, Citizens & Northern kept $65 after the direct cost of its products and services.
How fast is Citizens & Northern growing?
Revenue grew 9.0% a year on average over the last five fiscal years, from $100.4 million to $154.2 million.
What are Citizens & Northern's earnings per share?
Citizens & Northern earned $1.85 per diluted share in fiscal 2025, compared with $1.69 a year earlier.
When will Citizens & Northern report its next earnings?
Citizens & Northern is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 after the market closes.
When does Citizens & Northern's fiscal year end?
Citizens & Northern's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 6, 2026.