Citizens & Northern (CZNC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Citizens & Northern

NasdaqCM•Financial Services•Banks - Regional

$26.11+0.28(0.01%)Market closed

Market Cap

$458.69M

P/E

18.1x

P/S

2.4x

P/B

1.3x

Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers. The company's deposit products include various types of checking accounts, passbook and statement savings, money market accounts, interest checking accounts, and individual retirement accounts, as well as certificates of deposit; debit cards; lending products, such as commercial, mortgage, and consumer loans; and commercial letters-of-credit and lines of credit. It also offers wealth management services, including 401(k) plans, retirement planning, estate planning and settlements, and asset management; insurance products to individuals and businesses, and through a broker-dealer arrangement; and mutual funds, annuities, educational savings accounts, and other investment products through registered agents, as well as reinsures credit and mortgage life and accident and health insurance. The company operates in Northcentral Pennsylvania, the Southern tier of New York State, Southeastern Pennsylvania, and Southcentral Pennsylvania. Citizens & Northern Corporation was founded in 1864 and is headquartered in Wellsboro, Pennsylvania.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Cash & Earnings Quality (25/25); weakest: Profitability (15/25).

Profitability15/25

Growth16/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 18.1x5y range 10.3x – 22.7x

Currently above its 20-quarter median.

P/S · 2.4x5y range 1.8x – 2.9x

Currently near its 20-quarter median.

P/B · 1.3x5y range 0.9x – 1.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 21.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Share Dilution

Red Flag

Shares outstanding increased 16.4% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $458.69M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $190.91M
Q. Revenue: $51.37M
TTM EBITDA: $33.78M
TTM Op. Income: $31.17M
Q. Op. Income: $17.43M
TTM Net Income: $25.35M
Q. Net Income: $14.06M
EPS: $0.79
Shares Out.: $17.77M

$190.91M in TTM revenue grew 19.0% YoY, reaching $51.37M last quarter. TTM EBITDA of $33.78M and TTM operating income of $31.17M show growth is flowing through to the bottom line. TTM net income of $25.35M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 76.7%
EBITDA Margin: 35.5%
Op. Margin: 33.9%
Net Margin: 27.4%

Op. margin of 33.9% is up 15.4% YoY — cost efficiency is improving. Net margin at 27.4% and gross margin of 76.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 83% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 18.1x
P/S Ratio: 2.4x
P/B Ratio: 1.3x

At 18.1x P/E, the stock trades within typical market levels. P/S of 2.4x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 68% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.15B
Cash: $81.44M
Long-Term Debt: $130.39M
Book Value: $346.14M
D/E Ratio: 0.4
Debt/EBITDA: 7.1

With $3.15B in assets and $130.39M in long-term debt, D/E is 0.4and book value is $346.14M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 25% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $15.42M
TTM Free Cash Flow: $44.77M
FCF Margin: 23.5%
FCF / Net Income: 1.8

TTM FCF of $44.77M on $15.42M in operating cash flow. The FCF / Net Income ratio of 1.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.