Citizens Financial Corp. (CIWV)

Citizens Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	36.81	34.85	26.51	17.32	14.35	13.3
Interest Income on Investments	2.4	2.4	1.81	1.79	0.74	0.7
Total Interest Income	39.21	37.25	28.32	19.11	15.09	14.01
Interest Paid on Deposits	11.65	13.38	8.74	1.92	1.05	1.45
Interest Paid on Borrowings	2.24	2.24	1.68	0.77	0.17	0.21
Total Interest Expense	13.89	15.62	10.42	2.69	1.22	1.66
Net Interest Income	25.32	21.63	17.91	16.42	13.87	12.35
Net Interest Income Growth (YoY)	24.11%	20.80%	9.04%	18.41%	12.33%	46.29%
Trust Income	0.5	0.5	0.58	0.5	0.37	0.34
Gain (Loss) on Sale of Investments	-	-	-	-	-	0
Other Non-Interest Income	3.8	3.59	3.17	3	2.77	2.65
Total Non-Interest Income	4.55	4.34	4	3.6	3.64	3.98
Non-Interest Income Growth (YoY)	13.15%	8.60%	11.09%	-0.98%	-8.76%	89.67%
Revenues Before Loan Losses	29.87	25.98	21.91	20.02	17.51	16.33
Provision for Loan Losses	1.91	2.21	1.2	0.55	0.5	1.05
Revenue	27.96	23.77	20.71	19.47	17.01	15.28
Revenue Growth (YoY)	25.79%	14.75%	6.35%	14.51%	11.30%	48.48%
Salaries and Employee Benefits	7.67	7.67	7.09	5.9	5.41	5.22
Occupancy Expenses	0.68	0.68	0.58	0.55	0.52	0.49
Federal Deposit Insurance	0.48	0.48	0.32	0.3	0.09	0.08
Amortization of Goodwill & Intangibles	0.25	0.25	0.25	0.25	-	-
Selling, General & Administrative	3.18	3.18	2.75	2.49	2.45	2.22
Other Non-Interest Expense	2.78	1.86	1.77	1.58	1.13	1.15
Total Non-Interest Expense	15.17	14.24	12.91	11.24	9.71	9.87
EBT Excluding Unusual Items	12.8	9.52	7.8	8.23	7.29	5.41
Pretax Income	12.8	9.52	7.8	8.23	7.29	5.41
Income Tax Expense	2.75	1.98	1.56	1.69	1.5	1.1
Net Income	10.04	7.54	6.24	6.54	5.79	4.31
Net Income to Common	10.04	7.54	6.24	6.54	5.79	4.31
Net Income Growth	50.41%	20.86%	-4.55%	12.88%	34.40%	196.53%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-	0.34%	0.44%	-0.16%	-0.19%	-1.41%
EPS (Basic)	5.62	4.23	3.51	3.70	3.27	2.43
EPS (Diluted)	5.62	4.23	3.51	3.70	3.27	2.43
EPS Growth	-	20.46%	-4.98%	13.06%	34.66%	200.78%
Dividend Per Share	1.000	0.910	0.840	0.800	0.680	0.610
Dividend Growth	13.64%	8.33%	5.00%	17.65%	11.47%	79.41%
Effective Tax Rate	21.50%	20.80%	19.98%	20.57%	20.59%	20.40%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.