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Citizens Financial Services, Inc. CZFS Financing Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability

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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 czfs:FinancingReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiability.

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 financing receivable allowance for credit loss and off balance sheet credit loss liability?
Citizens Financial Services, Inc. (CZFS) reported financing receivable allowance for credit loss and off balance sheet credit loss liability of $24.41M in Q1 2026.
How has Citizens Financial Services, Inc.'s financing receivable allowance for credit loss and off balance sheet credit loss liability changed year-over-year?
Citizens Financial Services, Inc.'s financing receivable allowance for credit loss and off balance sheet credit loss liability increased by 6.9% year-over-year, from $22.84M to $24.41M.
What is the long-term trend for Citizens Financial Services, Inc.'s financing receivable allowance for credit loss and off balance sheet credit loss liability?
Over 4 years (2021 to 2025), Citizens Financial Services, Inc.'s financing receivable allowance for credit loss and off balance sheet credit loss liability has grown at a 8.2% compound annual growth rate (CAGR), from $17.47M to $23.97M.
What does financing receivable allowance for credit loss and off balance sheet credit loss liability mean?
This represents the total reserve established to cover expected credit losses across the entire financing receivable portfolio, including both on-balance sheet loans and off-balance sheet credit commitments. It serves as a buffer against potential defaults and economic downturns. Investors use this to evaluate the adequacy of the bank's loss provisioning relative to its overall credit risk profile.