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Citizens Financial Services, Inc. CZFS Gain (Loss) on Sale of Mortgage Loans

Gain (Loss) on Sale of Mortgage Loans at other companies

Fulton Financial logo
Fulton FinancialFULT
$2.2M+7.4%
SMB
SmartFinancialSMBK
$736K+58.6%
HBT
HBT Financial, Inc.HBT
$331K+31.3%

Other financials

Income statement

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Revenue$29.8M+12.8%
Net income$10.4M+36.2%
EPS (diluted)$2.16+35.8%

Balance sheet

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Cash & equivalents$33.1M-10.0%
Total debt$198.7M-34.2%
Total equity$343.6M+11.4%
Total assets$3.0B+0.3%

Cash flow

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Operating cash flow$18.0M+64.6%
CapEx$125.0K-78.6%
Free cash flow$17.9M+72.7%

Valuation

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Market cap$341.1M+26.0%
Enterprise value$506.74M-5.4%
P/E8.7×-0.9×
P/S+0.3×

Profitability

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Net margin34%+6.2pp
FCF margin37%+8.8pp

Returns & leverage

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Return on equity12.1%+2.4pp
Debt / equity0.6×-0.4×

Where this comes from

Reported directly by Citizens Financial Services, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfMortgageLoans.

The official record: Citizens Financial Services, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citizens Financial Services, Inc.'s gain (loss) on sale of mortgage loans?
Citizens Financial Services, Inc. (CZFS) reported gain (loss) on sale of mortgage loans of $265K in Q1 2026.
How has Citizens Financial Services, Inc.'s gain (loss) on sale of mortgage loans changed year-over-year?
Citizens Financial Services, Inc.'s gain (loss) on sale of mortgage loans decreased by 2.6% year-over-year, from $272K to $265K.
What is the long-term trend for Citizens Financial Services, Inc.'s gain (loss) on sale of mortgage loans?
Over 4 years (2021 to 2025), Citizens Financial Services, Inc.'s gain (loss) on sale of mortgage loans has grown at a 15.6% compound annual growth rate (CAGR), from $1.28M to $2.29M.
What does gain (loss) on sale of mortgage loans mean?
This represents the net gain or loss realized from the origination and subsequent sale of mortgage loans into the secondary market. It is a key performance indicator for mortgage banking operations, reflecting the bank's ability to generate fee income through loan production. High volatility in this metric often indicates shifts in mortgage interest rates or changes in housing market demand.