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Citizens Financial Services, Inc. CZFS Other Real Estate Owned Expense Recovery

Other Real Estate Owned Expense Recovery at other companies

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United BanksharesUBSI
$475K+2,059%
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-$186K-110%
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$104K+52.9%
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Chemung FinancialCHMG
$8K-27.3%
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-$4.62M-38.7%
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SouthStateSSB
$4.38M+145%

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:OtherRealEstateOwnedExpenseRecovery.

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 other real estate owned expense recovery?
Citizens Financial Services, Inc. (CZFS) reported other real estate owned expense recovery of $196K in Q1 2026.
How has Citizens Financial Services, Inc.'s other real estate owned expense recovery changed year-over-year?
Citizens Financial Services, Inc.'s other real estate owned expense recovery increased by 64.7% year-over-year, from $119K to $196K.
What is the long-term trend for Citizens Financial Services, Inc.'s other real estate owned expense recovery?
Over 2 years (2022 to 2025), Citizens Financial Services, Inc.'s other real estate owned expense recovery has grown at a 296.3% compound annual growth rate (CAGR), from $17K to $267K.
What does other real estate owned expense recovery mean?
Represents the net impact of expenses and recoveries related to foreclosed properties held by the bank. This metric serves as an indicator of asset quality and the effectiveness of the bank's loan workout and liquidation processes.