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Citizens Financial Services, Inc. CZFS Provision for Credit Losses

Provision for Credit Losses at other companies

Fulton Financial logo
Fulton FinancialFULT
$14.44M+3.9%
Citizens & Northern logo
Citizens & NorthernCZNC
$13.6M+5,664%
Civista Bancshares logo
Civista BancsharesCIVB
-$768K-162%
Farmers & Merchants Bancorp logo
Farmers & Merchants BancorpFMAO
$6K+102%
Greene County Bancorp logo
Greene County BancorpGCBC
$451K-58.4%
M&T Bank logo
M&T BankMTB

Segments

By segment

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Community Banking$500K-20.0%

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:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?
Citizens Financial Services, Inc. (CZFS) reported provision for credit losses of $500K in Q1 2026.
How has Citizens Financial Services, Inc.'s provision for credit losses changed year-over-year?
Citizens Financial Services, Inc.'s provision for credit losses decreased by 20.0% year-over-year, from $625K to $500K.
What is the long-term trend for Citizens Financial Services, Inc.'s provision for credit losses?
Over 4 years (2021 to 2025), Citizens Financial Services, Inc.'s provision for credit losses has grown at a 11.3% compound annual growth rate (CAGR), from $1.55M to $2.38M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.