Citizens & Northern (CZNC) Financial Statements & Analysis

Citizens & Northern (CZNC) Income Statement

Citizens & Northern reported revenue of $154.19M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 45.3% from $106.13M a year earlier. Net income was $23.43M, down 9.8% year over year, a net margin of 15.2%. Gross margin was 65.3% and operating margin 18.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $38.88M, down 3.3% from the same quarter a year earlier.

Citizens & Northern Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Citizens & Northern Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	154.19	106.13	104.63	105.96	100.16	100.44	82.98	69.65	60.99
Cost of Revenue	53.44	51.16	33.29	16.77	10.22	13.51	11.13	5.21	4.72
Gross Profit	100.75	104.31	102.95	98.70	98.73	86.93	71.84	64.45	56.27
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	53.25	17.23	17.12	41.83	14.56	33.06	27.90	23.90	22.45
Operating Expenses	72.11	72.44	72.47	66.35	61.04	63.72	48.43	38.18	35.68
Operating Income	28.64	31.87	30.48	32.35	37.69	23.21	23.41	26.26	20.59
Other Income/Expense
Interest Income	139.22	128.08	113.50	92.65	84.50	77.16	64.75	50.31	45.84
Interest Expense	47.36	48.96	33.10	9.52	6.56	9.60	10.28	4.63	3.92
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	28.64	31.87	30.48	32.35	37.69	23.21	23.41	26.26	20.59
Income Tax Expense	5.22	5.91	6.34	5.73	7.13	3.99	3.91	4.25	7.16
Net Income	23.43	25.96	24.15	26.62	30.55	19.22	19.50	22.01	13.43
Net Income - Continuous Operations	23.43	25.96	24.15	26.62	30.55	19.22	19.50	22.01	13.43
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	31.01	2.18	2.15	34.74	2.13	25.19	25.16	28.02	22.23
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	2.36	2.18	2.15	2.39	2.13	1.98	1.75	1.75	1.64
Earnings Per Share
Basic EPS	1.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	1.00
Diluted EPS	1.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	1.00
Basic Shares Outstanding	15.95	15.26	15.24	15.46	15.77	14.74	13.30	12.23	12.12
Diluted Shares Outstanding	15.95	15.26	15.24	15.46	15.77	14.75	13.32	12.26	12.14

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Citizens & Northern Financial Statements

What was Citizens & Northern's revenue in fiscal 2025?

Citizens & Northern reported revenue of $154.19M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 45.3% from $106.13M a year earlier.

Is Citizens & Northern profitable?

Yes. Citizens & Northern earned net income of $23.43M in fiscal 2025, a net margin of 15.2%. In fiscal 2024 it earned $25.96M.

What is Citizens & Northern's operating margin?

Citizens & Northern's operating income was $28.64M on revenue of $154.19M in fiscal 2025, an operating margin of 18.6%, compared with 30.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition