Citizens & Northern (NASDAQ:CZNC) Posts Earnings Results, Beats Expectations By $0.08 EPS

Citizens & Northern (NASDAQ:CZNCGet Free Report) released its quarterly earnings results on Thursday. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.08, Zacks reports. Citizens & Northern had a net margin of 14.47% and a return on equity of 8.28%.

Citizens & Northern Stock Up 7.6 %

Citizens & Northern stock traded up $1.47 during trading on Friday, reaching $20.72. 17,345 shares of the company’s stock were exchanged, compared to its average volume of 33,991. The company’s 50-day moving average is $19.40 and its two-hundred day moving average is $19.41. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.95 and a current ratio of 0.95. Citizens & Northern has a 52-week low of $16.50 and a 52-week high of $22.20. The firm has a market cap of $319.28 million, a price-to-earnings ratio of 14.62 and a beta of 0.48.

Analysts Set New Price Targets

Separately, Piper Sandler upgraded shares of Citizens & Northern to a “hold” rating in a research note on Monday, December 2nd.

Get Our Latest Stock Report on CZNC

About Citizens & Northern

(Get Free Report)

Citizens & Northern Corp. is a holding company, which engages in community banking. It provides a full range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York State. The firm’s lending products include mortgage loans, commercial loans, and consumer loans.

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Earnings History for Citizens & Northern (NASDAQ:CZNC)

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