Citizens Historical Income Statement

CZFS Stock  USD 69.39  0.67  0.96%   
Historical analysis of Citizens Financial income statement accounts such as Interest Expense of 49.2 M, Selling General Administrative of 38.3 M or Total Revenue of 90.7 M can show how well Citizens Financial Services performed in making a profits. Evaluating Citizens Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citizens Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Citizens Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Citizens Financial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About Citizens Income Statement Analysis

Citizens Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Citizens Financial shareholders. The income statement also shows Citizens investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Citizens Financial Income Statement Chart

At this time, Citizens Financial's Total Operating Expenses is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 35.1 M in 2024, whereas Income Before Tax is likely to drop slightly above 14.3 M in 2024.

Total Revenue

Total revenue comprises all receipts Citizens Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Citizens Financial Services minus its cost of goods sold. It is profit before Citizens Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Citizens Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Citizens Financial Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Citizens Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citizens Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Citizens Financial's Total Operating Expenses is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 35.1 M in 2024, whereas Income Before Tax is likely to drop slightly above 14.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense7.1M11.2M46.9M49.2M
Depreciation And Amortization1.1M1.0M1.5M1.6M

Citizens Financial income statement Correlations

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0.770.750.610.610.520.34-0.09-0.050.51-0.06-0.44-0.03-0.150.18-0.230.150.630.750.56-0.94
0.850.750.980.980.030.70.480.510.010.56-0.060.580.420.67-0.310.630.90.860.22-0.69
0.780.610.981.0-0.090.780.640.67-0.120.710.040.720.580.74-0.30.680.880.80.11-0.55
0.780.610.981.0-0.090.780.640.67-0.120.710.040.720.580.74-0.30.680.880.80.11-0.55
-0.120.520.03-0.09-0.09-0.31-0.57-0.570.8-0.63-0.41-0.62-0.56-0.620.04-0.5-0.220.040.71-0.51
0.580.340.70.780.78-0.310.750.78-0.230.81-0.050.810.70.71-0.320.570.820.770.05-0.15
0.28-0.090.480.640.64-0.570.751.0-0.510.90.30.890.840.76-0.310.650.50.29-0.270.12
0.34-0.050.510.670.67-0.570.781.0-0.50.910.290.90.840.78-0.310.660.540.34-0.260.09
0.040.510.01-0.12-0.120.8-0.23-0.51-0.5-0.67-0.72-0.68-0.52-0.660.1-0.45-0.210.020.64-0.55
0.38-0.060.560.710.71-0.630.810.90.91-0.670.440.990.880.85-0.260.70.660.48-0.330.16
-0.19-0.44-0.060.040.04-0.41-0.050.30.29-0.720.440.440.340.38-0.030.240.01-0.14-0.220.43
0.4-0.030.580.720.72-0.620.810.890.9-0.680.990.440.820.87-0.250.660.680.5-0.320.15
0.23-0.150.420.580.58-0.560.70.840.84-0.520.880.340.820.63-0.290.780.470.29-0.30.21
0.620.180.670.740.74-0.620.710.760.78-0.660.850.380.870.63-0.350.780.810.59-0.23-0.12
-0.21-0.23-0.31-0.3-0.30.04-0.32-0.31-0.310.1-0.26-0.03-0.25-0.29-0.35-0.31-0.33-0.3-0.020.17
0.520.150.630.680.68-0.50.570.650.66-0.450.70.240.660.780.78-0.310.660.44-0.16-0.18
0.870.630.90.880.88-0.220.820.50.54-0.210.660.010.680.470.81-0.330.660.950.09-0.48
0.820.750.860.80.80.040.770.290.340.020.48-0.140.50.290.59-0.30.440.950.25-0.55
0.130.560.220.110.110.710.05-0.27-0.260.64-0.33-0.22-0.32-0.3-0.23-0.02-0.160.090.25-0.54
-0.73-0.94-0.69-0.55-0.55-0.51-0.150.120.09-0.550.160.430.150.21-0.120.17-0.18-0.48-0.55-0.54
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Citizens Financial Account Relationship Matchups

Citizens Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization259K1.1M1.1M1.0M1.5M1.6M
Interest Expense12.0M8.1M7.1M11.2M46.9M49.2M
Selling General Administrative20.5M25.8M27.7M28.5M36.5M38.3M
Total Revenue58.3M73.6M78.4M81.9M86.3M90.7M
Gross Profit58.3M73.6M78.4M81.9M86.3M90.7M
Other Operating Expenses35.0M(43.2M)(43.1M)(34.3M)43.7M45.9M
Operating Income23.3M30.4M35.3M47.6M42.7M24.9M
Ebit23.3M30.4M35.3M35.5M21.5M23.7M
Ebitda23.6M31.5M36.4M36.5M23.0M24.7M
Total Operating Expenses(35.0M)(43.2M)(43.1M)(34.3M)43.7M45.9M
Income Before Tax23.3M30.4M35.3M35.5M21.5M14.3M
Total Other Income Expense Net23.3M(2.2M)35.3M(12.1M)(21.1M)(20.1M)
Net Income19.5M25.1M29.1M29.1M17.8M11.4M
Income Tax Expense3.8M5.3M6.2M6.4M3.7M2.9M
Net Income Applicable To Common Shares19.5M25.1M29.1M29.1M33.4M35.1M
Net Income From Continuing Ops19.5M25.1M29.1M29.1M17.8M20.3M
Tax Provision3.8M5.3M6.2M6.4M3.7M5.2M
Net Interest Income49.4M61.8M65.7M71.5M78.9M62.4M
Interest Income61.5M69.9M72.8M82.7M125.7M76.9M
Reconciled Depreciation498K(2.8M)192K156K1.5M1.6M

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Additional Tools for Citizens Stock Analysis

When running Citizens Financial's price analysis, check to measure Citizens Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Citizens Financial is operating at the current time. Most of Citizens Financial's value examination focuses on studying past and present price action to predict the probability of Citizens Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citizens Financial's price. Additionally, you may evaluate how the addition of Citizens Financial to your portfolios can decrease your overall portfolio volatility.