NASDAQ$CZFS
Citizens Financial Services Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Citizens Financial Services' Q3 2022 financial results were released
Citizens Financial Services, Inc. reported a net income of $7.5 million for the three months ended September 30, 2022, which is 6.8% higher than the net income for 2021's comparable period.
- Citizens Financial Services, Inc. and HV Bancorp, Inc. signed a definitive agreement for Citizens Financial Services, Inc. to acquire HV Bancorp, Inc., with the transaction expected to close in the first half of 2023.
- Two new branches are scheduled to open in November of 2022 in Ephrata, Pennsylvania and Greenville, Delaware.
- Net loan growth for the quarter was $141.9 million.
- Net income was $7.5 million for the three months ended September 30, 2022, which is 6.8% higher than the net income for 2021’s comparable period.
Headline financials
Revenue & EPS history
Citizens Financial Services · Revenue · Quarterly
$21.5M
Forward guidance
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are not historical facts; rather, they are statements based on the Company's current expectations regarding its business strategies and their intended results and its future performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.0%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+1.4%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+12.7%
Q4 2015
Best reaction
-12.2%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.9% | -10.6% | -3.3% | |
| Q4 2025 | +3.6% | +9.3% | -2.9% | |
| Q3 2025 | +2.5% | +3.1% | +4.3% | |
| Q1 2025 | +3.1% | +8.2% | +7.8% | |
| Q4 2024 | +1.2% | +4.1% | -0.0% | |
| Q3 2024 | -2.5% | -0.9% | +18.1% | |
| Q2 2024 | -0.8% | -11.7% | +5.7% | |
| Q1 2024 | -9.3% | -8.3% | -4.8% | |
| Q4 2023 | -5.6% | -10.8% | -24.6% | |
| Q3 2023 | -1.7% | +5.0% | +27.5% | |
| Q2 2023 | +1.0% | -2.2% | -22.7% | |
| Q1 2023 | +0.4% | +3.6% | -10.1% | |
| Q4 2022 | +1.0% | +6.6% | +7.9% | |
| Q3 2022 | +2.8% | +6.2% | +11.8% | |
| Q2 2022 | +2.9% | +2.9% | +15.4% | |
| Q1 2022 | -0.8% | +0.0% | +8.7% | |
| Q4 2021 | -0.8% | -0.8% | +2.4% | |
| Q3 2021 | +0.0% | +0.0% | -3.7% | |
| Q2 2021 | +0.0% | -0.4% | +0.8% | |
| Q1 2021 | +2.6% | +0.5% | +4.3% | |
| Q4 2020 | +1.3% | +0.6% | +3.1% | |
| Q3 2020 | +0.0% | +1.9% | +4.5% | |
| Q2 2020 | +0.0% | +0.5% | -3.4% | |
| Q1 2020 | +0.3% | +0.3% | +10.2% | |
| Q4 2019 | +1.4% | -6.4% | -9.9% | |
| Q3 2019 | -0.8% | -0.8% | +0.8% | |
| Q2 2019 | -0.4% | -0.6% | -0.0% | |
| Q1 2019 | +3.0% | -3.5% | -5.3% | |
| Q4 2018 | +0.0% | +0.0% | +3.8% | |
| Q3 2018 | -2.0% | +0.9% | -0.7% | |
| Q2 2018 | +1.3% | +1.4% | +0.1% | |
| Q1 2018 | +0.7% | +1.0% | -0.3% | |
| Q4 2017 | +0.2% | -0.3% | +1.0% | |
| Q3 2017 | -2.9% | -0.8% | -0.8% | |
| Q2 2017 | +0.5% | +0.5% | +0.9% | |
| Q1 2017 | +8.2% | +0.0% | +3.3% | |
| Q4 2016 | +1.2% | +1.2% | +1.4% | |
| Q3 2016 | +8.6% | +0.1% | +4.9% | |
| Q2 2016 | -1.5% | -2.0% | -2.4% | |
| Q1 2016 | +0.5% | — | — | |
| Q4 2015 | +12.7% | — | — | |
| Q3 2015 | -7.6% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | -7.6% | — | — | |
| Q3 2014 | +1.4% | — | — | |
| Q2 2014 | +9.3% | — | — | |
| Q1 2014 | -12.2% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2013 | +0.0% | — | — | |
| Q3 2013 | -8.4% | — | — | |
| Q2 2013 | -2.1% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | -10.5% | — | — | |
| Q2 2012 | +2.4% | — | — | |
| Q1 2012 | +9.3% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q3 2010 | -8.5% | — | — | |
| Q3 2011 | -8.5% | — | — | |
| Q2 2011 | +3.9% | — | — | |
| Q2 2010 | +3.9% | — | — |
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