Citizens Historical Income Statement
CZNC Stock | USD 20.48 0.33 1.64% |
Historical analysis of Citizens Northern income statement accounts such as Interest Expense of 34.8 M, Selling General Administrative of 9.6 M or Total Revenue of 55.9 M can show how well Citizens Northern Corp performed in making a profits. Evaluating Citizens Northern income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citizens Northern's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Citizens Northern Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Citizens Northern Corp is a good buy for the upcoming year.
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About Citizens Income Statement Analysis
Citizens Northern Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Citizens Northern shareholders. The income statement also shows Citizens investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Citizens Northern Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Citizens Northern Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Citizens Northern Corp minus its cost of goods sold. It is profit before Citizens Northern operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Citizens Northern Corp. It is also known as Citizens Northern overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Citizens Northern's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citizens Northern Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Northern Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Citizens Northern's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 62.6 M, whereas Depreciation And Amortization is forecasted to decline to about 1.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.6M | 9.5M | 33.1M | 34.8M | Depreciation And Amortization | 2.7M | 2.8M | 2.2M | 1.9M |
Citizens Northern income statement Correlations
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Citizens Northern Account Relationship Matchups
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Citizens Northern income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.7M | 2.5M | 2.7M | 2.8M | 2.2M | 1.9M | |
Interest Expense | 10.3M | 9.6M | 6.6M | 9.5M | 33.1M | 34.8M | |
Selling General Administrative | 31.3M | 39.1M | 48.5M | 41.8M | 10.1M | 9.6M | |
Total Revenue | 72.7M | 90.8M | 103.8M | 106.0M | 104.6M | 55.9M | |
Gross Profit | 72.7M | 90.8M | 103.8M | 106.0M | 104.6M | 55.9M | |
Other Operating Expenses | 49.3M | 67.6M | 66.1M | 2.0M | 59.6M | 30.0M | |
Operating Income | 23.4M | 23.2M | 37.7M | 41.9M | 45M | 47.3M | |
Ebit | 23.4M | 22.7M | 37.2M | 31.9M | 30.5M | 26.9M | |
Ebitda | 25.2M | 25.2M | 39.8M | 34.7M | 32.6M | 28.2M | |
Total Operating Expenses | (49.3M) | (67.6M) | (66.1M) | 2.0M | 59.6M | 62.6M | |
Income Before Tax | 23.4M | 23.2M | 37.7M | 32.4M | 30.5M | 19.2M | |
Total Other Income Expense Net | 23.4M | (20.4M) | (11.7M) | (11.8M) | (14.5M) | (13.8M) | |
Net Income | 19.5M | 19.2M | 30.6M | 26.6M | 24.1M | 15.3M | |
Income Tax Expense | 3.9M | 4.0M | 7.1M | 5.7M | 6.3M | 3.8M | |
Net Income Applicable To Common Shares | 19.5M | 19.2M | 30.3M | 26.6M | 30.6M | 18.7M | |
Net Income From Continuing Ops | 19.5M | 19.2M | 30.6M | 26.6M | 24.1M | 23.5M | |
Tax Provision | 3.9M | 4.0M | 7.1M | 5.7M | 6.3M | 6.0M | |
Net Interest Income | 54.5M | 67.6M | 77.9M | 83.1M | 80.4M | 64.9M | |
Interest Income | 64.7M | 77.1M | 84.5M | 92.6M | 113.5M | 75.4M | |
Reconciled Depreciation | 1.7M | 2.0M | 2.1M | 2.4M | 2.2M | 2.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Citizens Northern Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens Northern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citizens Northern Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Northern Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Northern Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citizens Northern. If investors know Citizens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citizens Northern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 1.12 | Earnings Share 1.44 | Revenue Per Share 6.689 | Quarterly Revenue Growth (0.05) |
The market value of Citizens Northern Corp is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Northern's value that differs from its market value or its book value, called intrinsic value, which is Citizens Northern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citizens Northern's market value can be influenced by many factors that don't directly affect Citizens Northern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citizens Northern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Northern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Northern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.