Citizens Financial Services, Inc. (CZFS)

CZFS Cash Flow 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
Net Income	36.57	27.82	17.81	29.06	29.12
Depreciation & Amortization	2.1	1.81	1.52	1.03	1.11
Provision for Credit Losses	2.38	2.59	5.53	1.68	1.55
Stock-Based Compensation	0.63	0.41	0.31	0.34	0.61
Net Change in Loans Held-for-Sale	2.43	1.99	3.46	3.98	10.95
Other Adjustments	-6.19	-5.29	-3.45	-0.95	-5.29
Changes in Accrued Interest and Accounts Receivable	-0.39	0.74	-1.49	-2.1	0.76
Changes in Accounts Payable	-1.56	0.4	2.18	0.52	-0.31
Changes in Other Operating Activities	0.57	2.73	0.67	-0.33	0.18
Operating Cash Flow	36.53	33.18	26.54	33.24	38.69
Operating Cash Flow Growth	10.10%	25.04%	-20.16%	-14.09%	227.30%
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-	0.25	1.99	4.97	2.73
Net Change in Loans Held-for-Investment	-33.48	-70.25	-43.95	-281.39	-32.11
Net Change in Securities and Investments	-3.6	-7.23	103.39	-77.1	-126.5
Payments for Business Acquisitions	-	-	4.91	-	-
Proceeds from Business Divestments	-	7.19	-	-	-
Capital Expenditures	-1.3	-1.31	-2.62	-1.63	-1.11
Sale of Property, Plant & Equipment	0.01	-	-	-	-
Other Investing Activities	-1.71	2.28	-4.25	-7.33	-1.25
Investing Cash Flow	-40.08	-69.07	59.47	-362.45	-158.23
Net Change in Deposits	-5.05	60.55	-56.09	8.06	247.29
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	52.71	9.28	-34.57	188.01	2.06
Long-Term Debt Issued	-	-	40	-	9.87
Long-Term Debt Repaid	-42	-35	-	-4.73	-26.8
Net Long-Term Debt Issued (Repaid)	-42	-35	40	-4.73	-16.93
Issuance of Common Stock	0.07	0.02	0.03	0.11	-
Repurchase of Common Stock	-0.55	-0.27	-0.27	-1.28	-1.37
Net Common Stock Issued (Repurchased)	-0.48	-0.25	-0.23	-1.17	-1.37
Common Dividends Paid	-9.55	-9.3	-8.5	-7.59	-7.38
Financing Cash Flow	-4.37	25.28	-59.4	182.59	223.67
Net Cash Flow	-7.91	-10.62	26.61	-146.62	104.13
Free Cash Flow	35.24	31.87	23.92	31.61	37.59
Free Cash Flow Growth	10.57%	33.23%	-24.32%	-15.92%	245.48%
FCF Margin	32.75%	32.96%	28.01%	40.26%	49.91%
Free Cash Flow Per Share	7.34	6.64	5.34	7.79	9.34
Levered Free Cash Flow	-6.01	-2.83	58.08	21.83	12.83
Unlevered Free Cash Flow	-0.58	4.36	0.27	-2.51	0.65

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q