Citizens Financial Corp. (CIWV)

Citizens Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	39.75	34.85	26.51	17.32	14.35
Interest Income on Investments	-	2.4	1.81	1.79	0.74
Total Interest Income	39.75	37.25	28.32	19.11	15.09
Interest Paid on Deposits	13.32	13.38	8.74	1.92	1.05
Interest Paid on Borrowings	-	2.24	1.68	0.77	0.17
Total Interest Expense	13.32	15.62	10.42	2.69	1.22
Net Interest Income	26.43	21.63	17.91	16.42	13.87
Net Interest Income Growth (YoY)	22.16%	20.80%	9.04%	18.41%	12.33%
Trust Income	-	0.5	0.58	0.5	0.37
Other Non-Interest Income	4.5	3.59	3.17	3	2.77
Total Non-Interest Income	4.5	4.34	4	3.6	3.64
Non-Interest Income Growth (YoY)	3.69%	8.60%	11.09%	-0.98%	-8.76%
Revenues Before Loan Losses	30.93	25.98	21.91	20.02	17.51
Provision for Loan Losses	2.02	2.21	1.2	0.55	0.5
Revenue	28.91	23.77	20.71	19.47	17.01
Revenue Growth (YoY)	21.66%	14.75%	6.35%	14.51%	11.30%
Salaries and Employee Benefits	-	7.67	7.09	5.9	5.41
Occupancy Expenses	-	0.68	0.58	0.55	0.52
Federal Deposit Insurance	-	0.48	0.32	0.3	0.09
Amortization of Goodwill & Intangibles	-	0.25	0.25	0.25	-
Selling, General & Administrative	-	3.18	2.75	2.49	2.45
Other Non-Interest Expense	15.91	1.86	1.77	1.58	1.13
Total Non-Interest Expense	15.91	14.24	12.91	11.24	9.71
EBT Excluding Unusual Items	13	9.52	7.8	8.23	7.29
Pretax Income	13	9.52	7.8	8.23	7.29
Income Tax Expense	2.82	1.98	1.56	1.69	1.5
Net Income	10.18	7.54	6.24	6.54	5.79
Net Income to Common	10.18	7.54	6.24	6.54	5.79
Net Income Growth	34.95%	20.86%	-4.55%	12.88%	34.40%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	0.34%	0.34%	0.44%	-0.16%	-0.19%
EPS (Basic)	5.69	4.23	3.51	3.70	3.27
EPS (Diluted)	5.69	4.23	3.51	3.70	3.27
EPS Growth	34.50%	20.46%	-4.98%	13.06%	34.66%
Dividend Per Share	-	0.910	0.840	0.800	0.680
Dividend Growth	-	8.33%	5.00%	17.65%	11.47%
Effective Tax Rate	21.72%	20.80%	19.98%	20.57%	20.59%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.