CZNC
Citizens & Northern Corporation21.98
-0.01-0.05%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
391.35MP/E (TTM)
12.56Basic EPS (TTM)
1.75Dividend Yield
0.05%Recent Filings
10-Q
Q3 FY2025 results
Citizens & Northern Corporation posted solid Q3 FY2025 results, with net interest income climbing 10.4% year-over-year to $22.3M on a fully taxable-equivalent basis (derived), thanks to a 31 basis point drop in funding costs and steady loan growth. The net interest margin expanded to 3.62% from 3.29%, while diluted EPS held at $0.42, matching last year's figure despite $882K in merger costs. Noninterest income edged up 2.4% to $7.3M, driven by trust fees, but expenses rose 6.1% mainly from integration prep. Cash balances dipped slightly to $123.1M, FHLB advances fell to $132.9M with $802.2M available, and free cash flow stood at $19.97M for the nine months (derived). The Susquehanna merger closed October 1 for ~$44.6M in stock, adding seven branches but potential integration snags loom. Non-GAAP adjusted EPS hit $0.47, excluding merger hits. Yet competition in regional banking keeps pressure on margins.
8-K
Merger boosts assets 22%
Citizens & Northern Corporation completed its merger with Susquehanna Community Financial on October 1, 2025, adding $587 million in assets and $501 million in deposits to boost its Central Pennsylvania footprint. The deal issued 2.273 million shares at an 0.80 exchange ratio, valuing the transaction at $44.6 million, with Susquehanna shareholders holding 13% of the combined entity. It promises 17% EPS accretion in 2026 and 2027, yet requires 2.75 years to recoup 7.9% tangible book value dilution. Integration finishes in Q4 2025.
8-K
Q3 earnings rise amid merger close
Citizens & Northern Corporation reported Q3 2025 net income of $6.6 million, or $0.42 per diluted share, up from $6.1 million in Q2, driven by net interest income rising to $22.3 million with a 3.62% margin. The merger with Susquehanna Community Financial closed October 1, adding seven branches in central Pennsylvania and incurring $882,000 in Q3 expenses; total merger costs are estimated at $7.5 million, mostly in Q4. Nonperforming assets ticked up to 1.02% of total assets. Integration may divert management focus.
8-K
Merger completes, expands reach
Citizens & Northern Corporation completed its merger with Susquehanna Community Financial on October 1, 2025, issuing approximately 2,273,000 shares of C&N common stock at an exchange ratio of 0.80 shares per Susquehanna share. This deal bolsters C&N's footprint in Central Pennsylvania by merging Susquehanna Community Bank into Citizens & Northern Bank, aligning cultures for stronger community ties. Christian C. Trate joined the boards; integration risks loom large. Deal done.
8-K
Director retires for health reasons
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