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

Citizens & Northern (NASDAQ:CZNC) issued its earnings results on Thursday. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Price Performance

CZNC stock opened at $20.71 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $319.14 million, a P/E ratio of 14.38 and a beta of 0.48. The business has a 50 day simple moving average of $19.39 and a 200-day simple moving average of $19.44. Citizens & Northern has a twelve month low of $16.50 and a twelve month high of $22.20.

Analyst Ratings Changes

Separately, Piper Sandler raised Citizens & Northern to a “hold” rating in a report on Monday, December 2nd.

About Citizens & Northern

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.