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Citizens Financial Services, Inc. CZFS Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment

Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment at other companies

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:StockIssuedDuringPeriodValueNewIssues.

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 issuance of common stock in connection with the spin-off and reclassification of net parent investment?
Citizens Financial Services, Inc. (CZFS) reported issuance of common stock in connection with the spin-off and reclassification of net parent investment of $16K in Q1 2026.
How has Citizens Financial Services, Inc.'s issuance of common stock in connection with the spin-off and reclassification of net parent investment changed year-over-year?
Citizens Financial Services, Inc.'s issuance of common stock in connection with the spin-off and reclassification of net parent investment increased by 6.7% year-over-year, from $15K to $16K.
What does issuance of common stock in connection with the spin-off and reclassification of net parent investment mean?
The value of common stock issued specifically in relation to corporate restructuring events, such as spin-offs or the reclassification of parent investment. This metric quantifies the equity impact of significant structural changes to the organization. It helps investors track changes in ownership structure and capital base following major corporate actions.