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.

Net Income Gross Profit

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.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income Income Tax Expense

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Citizens Financial. It is also known as Citizens Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	7.1M	11.2M	46.9M	49.2M
Depreciation And Amortization	1.1M	1.0M	1.5M	1.6M

Interest Expense Depreciation And Amortization

Citizens Financial income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.77	0.85	0.78	0.78	-0.12	0.58	0.28	0.34	0.04	0.38	-0.19	0.4	0.23	0.62	-0.21	0.52	0.87	0.82	0.13	-0.73
Interest Expense	0.77		0.75	0.61	0.61	0.52	0.34	-0.09	-0.05	0.51	-0.06	-0.44	-0.03	-0.15	0.18	-0.23	0.15	0.63	0.75	0.56	-0.94
Selling General Administrative	0.85	0.75		0.98	0.98	0.03	0.7	0.48	0.51	0.01	0.56	-0.06	0.58	0.42	0.67	-0.31	0.63	0.9	0.86	0.22	-0.69
Total Revenue	0.78	0.61	0.98		1.0	-0.09	0.78	0.64	0.67	-0.12	0.71	0.04	0.72	0.58	0.74	-0.3	0.68	0.88	0.8	0.11	-0.55
Gross Profit	0.78	0.61	0.98	1.0		-0.09	0.78	0.64	0.67	-0.12	0.71	0.04	0.72	0.58	0.74	-0.3	0.68	0.88	0.8	0.11	-0.55
Other Operating Expenses	-0.12	0.52	0.03	-0.09	-0.09		-0.31	-0.57	-0.57	0.8	-0.63	-0.41	-0.62	-0.56	-0.62	0.04	-0.5	-0.22	0.04	0.71	-0.51
Operating Income	0.58	0.34	0.7	0.78	0.78	-0.31		0.75	0.78	-0.23	0.81	-0.05	0.81	0.7	0.71	-0.32	0.57	0.82	0.77	0.05	-0.15
Ebit	0.28	-0.09	0.48	0.64	0.64	-0.57	0.75		1.0	-0.51	0.9	0.3	0.89	0.84	0.76	-0.31	0.65	0.5	0.29	-0.27	0.12
Ebitda	0.34	-0.05	0.51	0.67	0.67	-0.57	0.78	1.0		-0.5	0.91	0.29	0.9	0.84	0.78	-0.31	0.66	0.54	0.34	-0.26	0.09
Total Operating Expenses	0.04	0.51	0.01	-0.12	-0.12	0.8	-0.23	-0.51	-0.5		-0.67	-0.72	-0.68	-0.52	-0.66	0.1	-0.45	-0.21	0.02	0.64	-0.55
Income Before Tax	0.38	-0.06	0.56	0.71	0.71	-0.63	0.81	0.9	0.91	-0.67		0.44	0.99	0.88	0.85	-0.26	0.7	0.66	0.48	-0.33	0.16
Total Other Income Expense Net	-0.19	-0.44	-0.06	0.04	0.04	-0.41	-0.05	0.3	0.29	-0.72	0.44		0.44	0.34	0.38	-0.03	0.24	0.01	-0.14	-0.22	0.43
Net Income	0.4	-0.03	0.58	0.72	0.72	-0.62	0.81	0.89	0.9	-0.68	0.99	0.44		0.82	0.87	-0.25	0.66	0.68	0.5	-0.32	0.15
Income Tax Expense	0.23	-0.15	0.42	0.58	0.58	-0.56	0.7	0.84	0.84	-0.52	0.88	0.34	0.82		0.63	-0.29	0.78	0.47	0.29	-0.3	0.21
Net Income From Continuing Ops	0.62	0.18	0.67	0.74	0.74	-0.62	0.71	0.76	0.78	-0.66	0.85	0.38	0.87	0.63		-0.35	0.78	0.81	0.59	-0.23	-0.12
Non Recurring	-0.21	-0.23	-0.31	-0.3	-0.3	0.04	-0.32	-0.31	-0.31	0.1	-0.26	-0.03	-0.25	-0.29	-0.35		-0.31	-0.33	-0.3	-0.02	0.17
Tax Provision	0.52	0.15	0.63	0.68	0.68	-0.5	0.57	0.65	0.66	-0.45	0.7	0.24	0.66	0.78	0.78	-0.31		0.66	0.44	-0.16	-0.18
Net Interest Income	0.87	0.63	0.9	0.88	0.88	-0.22	0.82	0.5	0.54	-0.21	0.66	0.01	0.68	0.47	0.81	-0.33	0.66		0.95	0.09	-0.48
Interest Income	0.82	0.75	0.86	0.8	0.8	0.04	0.77	0.29	0.34	0.02	0.48	-0.14	0.5	0.29	0.59	-0.3	0.44	0.95		0.25	-0.55
Reconciled Depreciation	0.13	0.56	0.22	0.11	0.11	0.71	0.05	-0.27	-0.26	0.64	-0.33	-0.22	-0.32	-0.3	-0.23	-0.02	-0.16	0.09	0.25		-0.54
Selling And Marketing Expenses	-0.73	-0.94	-0.69	-0.55	-0.55	-0.51	-0.15	0.12	0.09	-0.55	0.16	0.43	0.15	0.21	-0.12	0.17	-0.18	-0.48	-0.55	-0.54

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Citizens Financial Account Relationship Matchups

Citizens Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	259K	1.1M	1.1M	1.0M	1.5M	1.6M
Interest Expense	12.0M	8.1M	7.1M	11.2M	46.9M	49.2M
Selling General Administrative	20.5M	25.8M	27.7M	28.5M	36.5M	38.3M
Total Revenue	58.3M	73.6M	78.4M	81.9M	86.3M	90.7M
Gross Profit	58.3M	73.6M	78.4M	81.9M	86.3M	90.7M
Other Operating Expenses	35.0M	(43.2M)	(43.1M)	(34.3M)	43.7M	45.9M
Operating Income	23.3M	30.4M	35.3M	47.6M	42.7M	24.9M
Ebit	23.3M	30.4M	35.3M	35.5M	21.5M	23.7M
Ebitda	23.6M	31.5M	36.4M	36.5M	23.0M	24.7M
Total Operating Expenses	(35.0M)	(43.2M)	(43.1M)	(34.3M)	43.7M	45.9M
Income Before Tax	23.3M	30.4M	35.3M	35.5M	21.5M	14.3M
Total Other Income Expense Net	23.3M	(2.2M)	35.3M	(12.1M)	(21.1M)	(20.1M)
Net Income	19.5M	25.1M	29.1M	29.1M	17.8M	11.4M
Income Tax Expense	3.8M	5.3M	6.2M	6.4M	3.7M	2.9M
Net Income Applicable To Common Shares	19.5M	25.1M	29.1M	29.1M	33.4M	35.1M
Net Income From Continuing Ops	19.5M	25.1M	29.1M	29.1M	17.8M	20.3M
Tax Provision	3.8M	5.3M	6.2M	6.4M	3.7M	5.2M
Net Interest Income	49.4M	61.8M	65.7M	71.5M	78.9M	62.4M
Interest Income	61.5M	69.9M	72.8M	82.7M	125.7M	76.9M
Reconciled Depreciation	498K	(2.8M)	192K	156K	1.5M	1.6M

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Citizens Historical Income Statement

About Citizens Income Statement Analysis

Citizens Financial Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Citizens Financial income statement Correlations

Citizens Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Citizens Financial income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Net Income	+ 0.99	Income Before Tax
Total Revenue	+ 0.98	Selling General Administrative
Gross Profit	+ 0.98	Selling General Administrative
Interest Income	+ 0.95	Net Interest Income

Selling And Marketing Expenses	- 0.94	Interest Expense
Selling And Marketing Expenses	- 0.73	Depreciation And Amortization
Total Other Income Expense Net	- 0.72	Total Operating Expenses
Selling And Marketing Expenses	- 0.69	Selling General Administrative
Net Income	- 0.68	Total Operating Expenses
Income Before Tax	- 0.67	Total Operating Expenses