Citizens Financial Services (Citizens Financial Services) Debt-to-Equity : 1.15 (As of Dec. 2023)

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What is Citizens Financial Services Debt-to-Equity?

Citizens Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Citizens Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $322.04 Mil. Citizens Financial Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $279.67 Mil. Citizens Financial Services's debt to equity for the quarter that ended in Dec. 2023 was 1.15.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Citizens Financial Services's Debt-to-Equity or its related term are showing as below:

CZFS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.6 Max: 1.29
Current: 1

During the past 13 years, the highest Debt-to-Equity Ratio of Citizens Financial Services was 1.29. The lowest was 0.35. And the median was 0.60.

CZFS's Debt-to-Equity is ranked worse than
64.47% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs CZFS: 1.00

Citizens Financial Services Debt-to-Equity Historical Data

The historical data trend for Citizens Financial Services's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citizens Financial Services Debt-to-Equity Chart

Citizens Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.55

0.46

0.35

1.29

1.15

Citizens Financial Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.35	1.21	1.20	1.15	1.00

Competitive Comparison of Citizens Financial Services's Debt-to-Equity

For the Banks - Regional subindustry, Citizens Financial Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Citizens Financial Services's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens Financial Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Citizens Financial Services's Debt-to-Equity falls into.

Citizens Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citizens Financial Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	322.036)	/	279.666
	=	1.15

Citizens Financial Services's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	322.036)	/	279.666
	=	1.15

Citizens Financial Services (NAS:CZFS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Citizens Financial Services Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Citizens Financial Services's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Citizens Financial Services (Citizens Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Financial Services Inc (NAS:CZFS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 South Main Street, Mansfield, PA, USA, 16933

Website

https://www.firstcitizensbank.com

Citizens Financial Services Inc is a Pennsylvania-chartered bank and trust company. The company through its banking subsidiary provides banking activities and services for individual, business, governmental and institutional customers. Its activities and services principally include checking, savings, and time deposit accounts; residential, commercial and agricultural real estate, commercial and industrial, state and political subdivision and consumer loans; and a variety of other specialized financial services. The Trust and Investment division of the Bank offers a full range of client investment, estate, mineral management and retirement services.

Executives

R Joseph Landy	director	741 SOUTH MAIN STREET, ATHENS PA 18810
Stephen J Guillaume	officer: SENIOR VICE PRESIDENT	POST OFFICE BOX 43, LIBERTY PA 16930
Robert Joseph Marino	director	407 33RD STREET S, BRIGANTINE NJ 08203
Richards David Z Jr	director, officer: EXECUTIVE VICE PRESIDENT	209 TWIGS LANE, STATE COLLEGE PA 16801
Rinaldo A Depaola	director	50 REEL STREET, SAYRE PA 18840
John D Behm	other: Subsidiary Director	2114 BLUE STEM DRIVE, NEW HOPE PA 18938-2311
Leeann Gephart	officer: EXECUTIVE VICE PRESIDENT	2260 HEIM HILL ROAD, MONTOURSVILLE PA 17754
Painter John P Ii	director	571 HOWLAND HILL ROAD, WESTFIELD PA 16950
Thomas E. Freeman	director	831 KELLYTOWN ROAD, MANSFIELD PA 16933
Janie M Hilifger	director	830 CANADA ROAD, COVINGTON PA 16917
Graham Roger C Jr	director	1281 BRAGUE ROAD, CANTON PA 17724
Christopher W Kunes	director	3896 PENNS VALLEY ROAD, SPRING MILLS PA 16875
Dwight D Rohrer	officer: SENIOR VICE PRESIDENT	2385 JUNCTION ROAD, MANHEIM PA 17545
Marina K Smalanskas	officer: SENIOR VICE PRESIDENT	1445 ROCKY WAY, MECHANICSBURG PA 17055
Sean P Mckinney	officer: VICE PRESIDENT	11 TOWER LANE, GRANTVILLE PA 17028