Citizens & Northern (NASDAQ: CZNC) financial statements
The consolidated income statement, balance sheet and cash flow statement of Citizens & Northern for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $3,132m in total assets and $341.7m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $122.7m | $108.3m | $104.8m | $107.6m | $103.8m | $92.1m | $73.8m | $66.3m | $58.4m | $57.1m |
| Operating profit | $28.6m | $31.9m | $30.5m | $32.4m | $37.7m | $23.2m | $23.4m | $26.3m | $20.6m | $21.1m |
| Finance costs | $47.4m | $49.0m | $33.1m | $9.5m | $6.6m | $9.6m | $10.3m | $4.6m | $3.9m | $3.7m |
| Profit before tax | $28.6m | $31.9m | $30.5m | $32.4m | $37.7m | $23.2m | $23.4m | $26.3m | $20.6m | $21.1m |
| Income tax | $5.2m | $5.9m | $6.3m | $5.7m | $7.1m | $4.0m | $3.9m | $4.3m | $7.2m | $5.3m |
| Net profit | $23.4m | $26.0m | $24.1m | $26.6m | $30.6m | $19.2m | $19.5m | $22.0m | $13.4m | $15.8m |
| Earnings per share | $1.46 | $1.69 | $1.57 | $1.71 | $1.92 | $1.30 | $1.46 | $1.79 | $1.10 | $1.30 |
| Diluted earnings per share | $1.46 | $1.69 | $1.57 | $1.71 | $1.92 | $1.30 | $1.46 | $1.79 | $1.10 | $1.30 |
| Depreciation and amortisation | $2.4m | $2.2m | $2.2m | $2.4m | $2.1m | $2.0m | $1.7m | $1.8m | $1.6m | $0.0m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3,132m | $2,611m | $2,516m | $2,454m | $2,328m | $2,239m | $1,654m | $1,291m | $1,277m | $1,242m |
| Property, plant and equipment | $27.8m | $21.3m | $21.6m | $21.6m | $20.7m | $21.5m | $17.2m | $14.6m | $15.4m | $15.4m |
| Goodwill | $63.3m | $52.5m | $52.5m | $52.5m | $52.5m | $52.5m | $28.4m | $11.9m | $11.9m | $11.9m |
| Cash | $46.1m | $126.2m | $56.9m | $55.0m | $104.9m | $101.9m | $35.2m | $37.5m | $40.2m | $28.6m |
| Total liabilities | $2,791m | $2,335m | $2,253m | $2,205m | $2,026m | $1,939m | $1,410m | $1,094m | $1,089m | $1,056m |
| Equity | $341.7m | $275.3m | $262.4m | $249.3m | $301.4m | $299.8m | $244.5m | $197.4m | $188.4m | $186.0m |
| Equity including minorities | $341.7m | $275.3m | $262.4m | $249.3m | $301.4m | $299.8m | $244.5m | $197.4m | $188.4m | $186.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $32.0m | $33.0m | $33.5m | $34.6m | $34.8m | $24.8m | $22.5m | $25.9m | $19.4m | $18.5m |
| Investing cash flow | $0.2m | −$20.9m | −$53.2m | −$234.7m | −$103.9m | $96.6m | $22.7m | −$21.6m | −$30.9m | −$29.4m |
| Financing cash flow | −$111.1m | $58.7m | $24.7m | $151.9m | $68.9m | −$56.5m | −$46.8m | −$8.4m | $19.9m | $6.2m |
| Capital expenditure | −$1.9m | −$1.9m | −$2.3m | −$3.3m | −$1.9m | −$3.1m | −$2.9m | −$1.2m | −$1.7m | −$1.6m |
| Dividends paid | −$16.3m | −$15.5m | −$15.6m | −$15.9m | −$16.0m | −$14.5m | −$14.0m | −$11.7m | −$11.1m | −$11.1m |
Where each figure comes from
From the annual report (Form 10-K) that Citizens & Northern files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Citizens & Northern page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.