Citizens & Northern Corp

Company Profile

Citizens & Northern Corp had its IPO on 1996-05-30 under the ticker symbol CZNC.

The company operates in the Financial Services sector and Banks-Regional industry. Citizens & Northern Corp has a staff strength of 415 employees.

Stock update

Shares of Citizens & Northern Corp opened at $22 at the start of the last trading session i.e. 2023-03-19.

The stocks traded within a range of $21.28 - $22, and closed at $21.36.

This is a -3.52% slip from the previous day's closing price.

A total volume of 85,400 shares were traded at the close of the day’s session.

In the last one week, shares of Citizens & Northern Corp have slipped by -2.78%.

Citizens & Northern Corp's Key Ratios

Citizens & Northern Corp has a market cap of $344.28 million, indicating a price to book ratio of 1.5579 and a price to sales ratio of 3.6465.

In the last 12-months Citizens & Northern Corp’s revenue was $100.31 million with a gross profit of $100.31 million and an EBITDA of $0. The EBITDA ratio measures Citizens & Northern Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Citizens & Northern Corp’s operating margin was 32.25% while its return on assets stood at 1.11% with a return of equity of 9.67%.

In Q4, Citizens & Northern Corp’s quarterly earnings growth was a positive 8.8% while revenue growth was a positive 4.5%.

Citizens & Northern Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

12.5647

PEG

0

Its diluted EPS in the last 12-months stands at $1.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Citizens & Northern Corp’s profitability.

Citizens & Northern Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.6465.

Citizens & Northern Corp stock pays annual dividends of $1.12 per share, indicating a yield of 5.2% and a payout ratio of 65.5%.

Balance sheet and cash flow metrics

Total Assets

$2.45 billion

Total Liabilities

$80.06 million

Operating Cash Flow

$-54440000.00

Capital Expenditure

$302000

Dividend Payout Ratio

65.5%

Citizens & Northern Corp ended 2023 with $2.45 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.45 billion while shareholder equity stood at $249.33 million.

Citizens & Northern Corp ended 2023 with $0 in deferred long-term liabilities, $80.06 million in other current liabilities, 299203000.00 in common stock, $151.74 million in retained earnings and $52.51 million in goodwill. Its cash balance stood at $55.05 million and cash and short-term investments were $553.08 million. The company’s total short-term debt was $80,062,000 while long-term debt stood at $181.78 million.

Citizens & Northern Corp’s total current assets stands at $589.72 million while long-term investments were $498.03 million and short-term investments were $498.03 million. Its net receivables were $8.65 million compared to accounts payable of $0 and inventory worth $0.

In 2023, Citizens & Northern Corp's operating cash flow was $-54440000.00 while its capital expenditure stood at $302000.

Comparatively, Citizens & Northern Corp paid $0.66 in dividends in 2023.

Other key metrics

Current Trading Price

$21.36

52-Week High

$25.1731

52-Week Low

$20.06

Analyst Target Price

$26

Citizens & Northern Corp stock is currently trading at $21.36 per share. It touched a 52-week high of $25.1731 and a 52-week low of $25.1731. Analysts tracking the stock have a 12-month average target price of $26.

Its 50-day moving average was $22.55 and 200-day moving average was $23.35 The short ratio stood at 7.05 indicating a short percent outstanding of 0%.

Around 308.5% of the company’s stock are held by insiders while 2899.5% are held by institutions.