Citizens & Northern Corporation (CZNC)

Citizens & Northern Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	102.64	104.63	100.31	100.16	88.17	72.95
Revenue Growth (YoY)	0.84%	4.31%	0.15%	13.60%	20.86%	10.95%
Gross Profit	102.64	104.63	100.31	100.16	88.17	72.95
Selling, General & Admin	59.45	59.63	56.18	50.73	44.53	36.29
Other Operating Expenses	13.91	14.52	11.78	11.74	18.79	13.25
Operating Expenses	73.37	74.15	67.96	62.47	63.32	49.54
Operating Income	29.28	30.48	32.35	37.69	24.85	23.41
Other Expense / Income	-	-	-	-	1.64	-
Pretax Income	29.28	30.48	32.35	37.69	23.21	23.41
Income Tax	6.08	6.34	5.73	7.13	3.99	3.91
Net Income	23.2	24.15	26.62	30.55	19.22	19.5
Net Income Growth	-10.68%	-9.28%	-12.88%	58.95%	-1.45%	-11.40%
Shares Outstanding (Basic)	15	15	16	16	16	14
Shares Change	-1.19%	-1.46%	-1.59%	-0.88%	15.96%	11.42%
EPS (Basic)	1.52	1.57	1.71	1.92	1.30	1.46
EPS (Diluted)	1.52	1.57	1.71	1.92	1.30	1.46
EPS Growth	-8.98%	-8.19%	-10.94%	47.69%	-10.96%	-18.44%
Free Cash Flow	27	31.28	31.31	33.61	21.65	19.59
Free Cash Flow Per Share	1.75	2.05	2.02	2.13	1.36	1.43
Dividend Per Share	1.120	1.120	1.120	1.110	1.080	1.180
Dividend Growth	0%	0%	0.90%	2.78%	-8.47%	9.26%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	28.52%	29.13%	32.25%	37.63%	28.18%	32.09%
Profit Margin	22.60%	23.08%	26.54%	30.51%	21.80%	26.74%
Free Cash Flow Margin	26.30%	29.90%	31.22%	33.55%	24.55%	26.86%
Effective Tax Rate	20.76%	20.78%	17.72%	18.93%	17.19%	16.68%
EBITDA	31.37	32.63	34.74	39.82	25.19	25.16
EBITDA Margin	30.56%	31.19%	34.63%	39.75%	28.57%	34.49%
Depreciation & Amortization	2.09	2.15	2.39	2.13	1.98	1.75
EBIT	29.28	30.48	32.35	37.69	23.21	23.41
EBIT Margin	28.52%	29.13%	32.25%	37.63%	26.33%	32.09%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).