GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens & Northern Corp (NAS:CZNC) » Definitions » Equity-to-Asset

Citizens & Northern (Citizens & Northern) Equity-to-Asset : 0.10 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Citizens & Northern Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Citizens & Northern's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $262.4 Mil. Citizens & Northern's Total Assets for the quarter that ended in Dec. 2023 was $2,515.6 Mil. Therefore, Citizens & Northern's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

The historical rank and industry rank for Citizens & Northern's Equity-to-Asset or its related term are showing as below:

CZNC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.15   Max: 0.15
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Citizens & Northern was 0.15. The lowest was 0.10. And the median was 0.15.

CZNC's Equity-to-Asset is ranked better than
59.21% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs CZNC: 0.10

Citizens & Northern Equity-to-Asset Historical Data

The historical data trend for Citizens & Northern's Equity-to-Asset 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 & Northern Equity-to-Asset Chart

Citizens & Northern Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.13 0.13 0.10 0.10

Citizens & Northern Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.11 0.10 0.10 0.10

Competitive Comparison of Citizens & Northern's Equity-to-Asset

For the Banks - Regional subindustry, Citizens & Northern's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 & Northern's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Citizens & Northern's Equity-to-Asset falls into.



Citizens & Northern Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Citizens & Northern's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=262.381/2515.584
=0.10

Citizens & Northern's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=262.381/2515.584
=0.10

* 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.


Citizens & Northern  (NAS:CZNC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Citizens & Northern Equity-to-Asset Related Terms

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


Citizens & Northern (Citizens & Northern) Business Description

Traded in Other Exchanges
N/A
Address
90-92 Main Street, Wellsboro, PA, USA, 16901
Citizens & Northern Corp is a community bank operating through its subsidiaries. It provides banking services, including deposit and loan products for personal and commercial customers. The bank also maintains a trust division that provides a wide range of financial services, such as 401(k) plans, retirement planning, estate planning, estate settlements and asset management.
Executives
Frank G Pellegrino director 2050 POCO FARM ROAD, WILLIAMSPORT PA 17701
Robert G Loughery director 1128 SLOTTER ROAD, PERKASIE PA 18944
Katherine W Shattuck director 2548 LAKE ROAD, TOWANDA PA 18848
Tracy Ellen Watkins officer: EXEC. VP 1972 NORTH WILLIAMSON ROAD, COVINGTON PA 16917-9516
Bobbi J Kilmer director 555 COUNTRY VIEW DRIVE, TOWANDA PA 18848
Glenn Richard James officer: EVP Counsel, Corp Secretary 90-92 MAIN ST, WELLSBORO PA 16901
Timothy E Schoener director 821 HAWTHORNE AVE, WILLIAMSPORT PA 17701
Kelley A Cwiklinski officer: EVP Chief Comm Lending Officer 90-92 MAIN ST, WELLSBORO PA 16901
Leo F Lambert director PO BOX 345, DUSHORE PA 18614
Helen S Santiago director 263 BRIDGE STREET HILL RD, TOWANDA PA 18848
Terry L Lehman director 5066 NORTH SHERMAN STREET, MOUNT WOLF PA 17347
Matthew L Bower officer: EVP, Chief Wealth Mgmt Officer 90-92 MAIN ST, WELLSBORO PA 16901
Susan E Hartley director 1293 HOFFMAN HOLLOW RD, LOWMAN NY 14861
Stephen M Dorwart director 234 CEDAR ROAD, MULLICA HILL NJ 08062
Alexander Balagour officer: EVP- CHIEF INFORMATION OFFICER 45 TEAL DRIVE, LANGHORNE PA 19047

Citizens & Northern (Citizens & Northern) Headlines