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Citizens Financial Services, Inc. CZFS Financing Receivable Allowance For Credit Losses Write Offs

Financing Receivable Allowance For Credit Losses Write Offs at other companies

Greene County Bancorp logo
Greene County BancorpGCBC
$106K-22.6%
CTB
Community Trust BancorpCTBI

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:FinancingReceivableAllowanceForCreditLossesWriteOffs.

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 losses write offs?
Citizens Financial Services, Inc. (CZFS) reported financing receivable allowance for credit losses write offs of $78K in Q1 2026.
How has Citizens Financial Services, Inc.'s financing receivable allowance for credit losses write offs changed year-over-year?
Citizens Financial Services, Inc.'s financing receivable allowance for credit losses write offs decreased by 57.8% year-over-year, from $185K to $78K.
What does financing receivable allowance for credit losses write offs mean?
Measures the total dollar amount of loans or leases that have been removed from the balance sheet because they are deemed uncollectible. This reflects the realized credit losses experienced by the institution during the period. High levels of write-offs may indicate deteriorating asset quality or aggressive lending practices.