Citizens Financial Services Q2 FY26 net income rises 20.4% to $10.19 million
CZFS•Dividend increased
The board declared a quarterly cash dividend of $0.51 per share, a 4% increase from a year earlier.
Balance sheet and asset quality
Total assets were $3.19 billion at June 30; non-performing assets rose to $43.37 million, or 1.81% of loans.
Quarterly results improve year over year
Citizens Financial Services posted Q2 net income of $10.19 million, up 20.4% year over year; EPS rose to $2.12.
Net interest income climbed 8.7% to $25.69 million as net interest margin widened 0.2 percentage points to 3.67%.
Provision for credit losses fell to $500,000 from $750,000; non-interest expenses increased 4.8% to $16.87 million.
