NASDAQ$CZFS
Citizens Financial Services Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Citizens Financial Services' Q3 2023 financial results were released, showing a net income of $7.548 million and basic earnings per share of $1.61.
Citizens Financial Services, Inc. reported a net income of $7.548 million for the three months ended September 30, 2023, compared to $7.544 million for the same period in 2022. Basic earnings per share were $1.61, down from $1.88 in the prior year. The results include the first full quarter of HV Bancorp, Inc. acquisition which contributed to growth in net interest income.
- Net income for Q3 2023 was $7.548 million, slightly up from $7.544 million in Q3 2022.
- Basic earnings per share decreased to $1.61, compared to $1.88 in the same period last year.
- Net interest income before the provision for credit loss increased by 18.9% to $22.404 million.
- The acquisition of HV Bancorp, Inc. contributed to significant growth in net interest income.
Headline financials
Revenue & EPS history
Citizens Financial Services · Revenue · Quarterly
$26.1M
Forward guidance
No specific forward guidance was provided in the earnings report.
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 2023
-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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