Citizens & Northern (CZNC) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Citizens & Northern Revenue Highlights

Latest Revenue (Y)

$137.92M

Latest Revenue (Q)

$40.22M

Main Segment (Y)

Deposit Account

Citizens & Northern Revenue by Period

Citizens & Northern Revenue by Year

Date	Revenue	Change
2023-12-31	$137.92M	30.16%
2022-12-31	$105.96M	2.06%
2021-12-31	$103.82M	14.28%
2020-12-31	$90.85M	24.98%
2019-12-31	$72.69M	10.11%
2018-12-31	$66.02M	15.67%
2017-12-31	$57.07M	2.03%
2016-12-31	$55.94M	-3.86%
2015-12-31	$58.18M	1.34%
2014-12-31	$57.41M	-6.37%
2013-12-31	$61.32M	-7.93%
2012-12-31	$66.60M	33.42%
2011-12-31	$49.92M	-13.36%
2010-12-31	$57.62M	2.54%
2009-12-31	$56.19M	20.23%
2008-12-31	$46.73M	-0.31%
2007-12-31	$46.88M	-0.35%
2006-12-31	$47.04M	0.60%
2005-12-31	$46.77M	3.66%
2004-12-31	$45.12M	4.72%
2003-12-31	$43.08M	6.42%
2002-12-31	$40.48M	17.87%
2001-12-31	$34.34M	23.20%
2000-12-31	$27.88M	-16.36%
1999-12-31	$33.33M	4.81%
1998-12-31	$31.80M	535.36%
1997-12-31	$5.00M	24.41%
1996-12-21	$4.02M	-22.75%
1995-12-31	$5.21M	53.18%
1994-12-31	$3.40M	-

Citizens & Northern generated $137.92M in revenue during NA 2023, up 30.16% compared to the previous quarter, and up 208.92% compared to the same period a year ago.

Citizens & Northern Revenue by Quarter

Date	Revenue	Change
2024-09-30	$40.22M	2.63%
2024-06-30	$39.19M	5.86%
2024-03-31	$37.02M	3.08%
2023-12-31	$35.91M	40.03%
2023-09-30	$25.65M	-3.58%
2023-06-30	$26.60M	0.77%
2023-03-31	$26.40M	-5.48%
2022-12-31	$27.93M	6.79%
2022-09-30	$26.15M	0.18%
2022-06-30	$26.11M	6698.70%
2022-03-31	$384.00K	-98.53%
2021-12-31	$26.13M	1.12%
2021-09-30	$25.84M	3.43%
2021-06-30	$24.98M	-5.82%
2021-03-31	$26.53M	1.46%
2020-12-31	$26.14M	0.80%
2020-09-30	$25.94M	33.02%
2020-06-30	$19.50M	1.21%
2020-03-31	$19.27M	1.29%
2019-12-31	$19.02M	0.34%
2019-09-30	$18.96M	0.92%
2019-06-30	$18.78M	17.90%
2019-03-31	$15.93M	-4.67%
2018-12-31	$16.71M	0.74%
2018-09-30	$16.59M	-2.94%
2018-06-30	$17.09M	14.10%
2018-03-31	$14.98M	2.86%
2017-12-31	$14.56M	1.38%
2017-09-30	$14.37M	0.67%
2017-06-30	$14.27M	2.85%
2017-03-31	$13.87M	-0.59%
2016-12-31	$13.96M	-4.77%
2016-09-30	$14.65M	4.48%
2016-06-30	$14.03M	1.23%
2016-03-31	$13.86M	-10.40%
2015-12-31	$15.47M	11.96%
2015-09-30	$13.81M	-5.70%
2015-06-30	$14.65M	10.43%
2015-03-31	$13.27M	-5.03%
2014-12-31	$13.97M	-4.94%
2014-09-30	$14.69M	3.93%
2014-06-30	$14.14M	3.28%
2014-03-31	$13.69M	-6.90%
2013-12-31	$14.70M	-1.38%
2013-09-30	$14.91M	-2.12%
2013-06-30	$15.23M	-5.10%
2013-03-31	$16.05M	0.72%
2012-12-31	$15.94M	-12.16%
2012-09-30	$18.14M	10.44%
2012-06-30	$16.43M	2.46%
2012-03-31	$16.03M	-1.61%
2011-12-31	$16.29M	0.36%
2011-09-30	$16.23M	3.73%
2011-06-30	$15.65M	-0.16%
2011-03-31	$15.68M	-3.76%
2010-12-31	$16.29M	13.87%
2010-09-30	$14.30M	5.68%
2010-06-30	$13.54M	-6.05%
2010-03-31	$14.41M	8.58%
2009-12-31	$13.27M	-6.39%
2009-09-30	$14.17M	-5.61%
2009-06-30	$15.02M	6.66%
2009-03-31	$14.08M	31.63%
2008-12-31	$10.70M	10.49%
2008-09-30	$9.68M	-25.18%
2008-06-30	$12.94M	-3.61%
2008-03-31	$13.42M	6.63%
2007-12-31	$12.59M	-

Citizens & Northern generated $40.22M in revenue during Q3 2024, up 2.63% compared to the previous quarter, and up 151.20% compared to the same period a year ago.

Citizens & Northern Revenue Breakdown

Citizens & Northern Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Deposit Account	$5.57M	$5.02M	$4.63M	$4.23M	$5.36M
Bank Servicing	$602.00K	$960.00K	$694.00K	$-61.00K	$100.00K
Debit Card	$4.16M	$4.15M	$3.85M	$3.09M	$2.75M
Trust and Asset Management	-	-	$7.23M	$6.11M	-
Service Charges And Fees	-	-	-	$304.00K	-
Trust And Asset Management	-	-	-	$6.32M	-
Service Charges and Fees	-	-	-	-	$332.00K

Citizens & Northern's latest annual revenue breakdown by segment (product or service), as of Dec 23: Deposit Account (53.90%), Debit Card (40.27%), and Bank Servicing (5.83%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Debit Card	$1.10M	$1.01M	$2.14M	$1.01M	$1.01M	$1.10M	$1.03M	$1.06M	$963.00K	$1.00M	$975.00K	$998.00K	$881.00K	$817.00K	$828.00K	$718.00K	$731.00K	$690.00K	$722.00K	$699.00K
Deposit Account	$1.55M	$1.32M	$2.89M	$1.39M	$1.29M	$1.36M	$1.10M	$1.32M	$1.24M	$1.30M	$1.25M	$1.07M	$1.01M	$1.10M	$1.04M	$831.00K	$1.25M	$1.40M	$1.44M	$1.28M
Bank Servicing	$74.00K	$230.00K	$290.00K	$190.00K	$122.00K	$203.00K	$189.00K	$358.00K	$210.00K	$147.00K	$153.00K	$146.00K	$248.00K	$198.00K	$-87.00K	$-158.00K	$-14.00K	$91.00K	$-54.00K	$35.00K
Trust and Asset Management	-	-	-	$1.80M	$1.78M	$1.74M	$1.72M	$1.79M	$1.98M	$1.48M	$1.68M	$1.48M	$1.58M	-	-	-	-	-	-	-
Trust And Asset Management	-	-	-	-	-	-	-	-	-	-	$1.82M	$1.81M	$1.63M	$1.68M	$1.59M	$1.56M	-	-	-	-
Service Charges And Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	$74.00K	$83.00K	$84.00K	-	-	-	-
Service Charges and Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$63.00K	$73.00K	$91.00K	$89.00K

Citizens & Northern's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Deposit Account (56.78%), Debit Card (40.51%), and Bank Servicing (2.72%).

Citizens & Northern Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
Bank Servicing	$190.00K	$122.00K	$203.00K	$189.00K	$358.00K	$210.00K	$147.00K	$153.00K	$146.00K	$248.00K	$198.00K	$-87.00K	$-158.00K	$-14.00K	$91.00K	$-54.00K	$35.00K	$28.00K	$84.00K	$74.00K
Debit Card	$1.01M	$1.01M	$1.10M	$1.03M	$1.06M	$963.00K	$1.00M	$975.00K	$998.00K	$881.00K	$817.00K	$828.00K	$718.00K	$731.00K	$690.00K	$722.00K	$699.00K	$643.00K	$666.00K	$660.00K
Deposit Account	$1.39M	$1.29M	$1.36M	$1.10M	$1.32M	$1.24M	$1.30M	$1.25M	$1.07M	$1.01M	$1.10M	$1.04M	$831.00K	$1.25M	$1.40M	$1.44M	$1.28M	$1.25M	$1.33M	$1.33M
Trust and Asset Management	$1.80M	$1.78M	$1.74M	$1.72M	$1.79M	$1.98M	$1.48M	$1.68M	$1.48M	$1.58M	$1.36M	$1.46M	$1.43M	-	-	-	-	-	-	-
Trust And Asset Management	-	-	-	-	-	-	-	$1.82M	$1.81M	$1.63M	$1.68M	$1.59M	$1.56M	-	-	-	-	-	-	-
Service Charges And Fees	-	-	-	-	-	-	-	-	-	-	$74.00K	$83.00K	$84.00K	-	-	-	-	-	-	-
Service Charges and Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	$63.00K	$73.00K	$91.00K	$89.00K	$79.00K	$80.00K	$95.00K

Citizens & Northern's latest quarterly revenue breakdown by geography, as of Jun 23: Trust and Asset Management (41.07%), Deposit Account (31.60%), Debit Card (23.00%), and Bank Servicing (4.33%).

Citizens & Northern Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EBTC	Enterprise Bancorp	$218.00M	$60.14M
AMNB	American National Bankshares	$138.72M	$36.31M
CZNC	Citizens & Northern	$137.92M	$40.22M
CHMG	Chemung Financial	$137.52M	$21.28M
CVCY	Central Valley Community Bancorp	$109.04M	$20.13M
PWOD	Penns Woods Bancorp	$99.97M	$28.69M

CZNC Revenue FAQ

What is Citizens & Northern’s yearly revenue?

Citizens & Northern's yearly revenue for 2023 was $137.92M, representing an increase of 30.16% compared to 2022. The company's yearly revenue for 2022 was $105.96M, representing an increase of 2.06% compared to 2021. CZNC's yearly revenue for 2021 was $103.82M, representing an increase of 14.28% compared to 2020.

What is Citizens & Northern’s quarterly revenue?

Citizens & Northern's quarterly revenue for Q3 2024 was $40.22M, a 2.63% increase from the previous quarter (Q2 2024), and a 56.82% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $39.19M, a 5.86% increase from the previous quarter (Q1 2024), and a 47.32% increase year-over-year (Q2 2023). CZNC's quarterly revenue for Q1 2024 was $37.02M, a 3.08% increase from the previous quarter (Q4 2023), and a 40.24% increase year-over-year (Q1 2023).

What is Citizens & Northern’s revenue growth rate?

Citizens & Northern's revenue growth rate for the last 3 years (2021-2023) was 32.85%, and for the last 5 years (2019-2023) was 89.73%.

What are Citizens & Northern’s revenue streams?

Citizens & Northern's revenue streams in c 23 are Deposit Account, Bank Servicing, and Debit Card. Deposit Account generated $5.57M in revenue, accounting 53.90% of the company's total revenue, up 10.92% year-over-year. Bank Servicing generated $602K in revenue, accounting 5.83% of the company's total revenue, down -37.29% year-over-year. Debit Card generated $4.16M in revenue, accounting 40.27% of the company's total revenue, up 0.29% year-over-year.

What is Citizens & Northern’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Citizens & Northern was Deposit Account. This segment made a revenue of $5.57M, representing 53.90% of the company's total revenue.