Citizens Financial Services
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Citizens Financial Services's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $86,337,000. Profit margin reached 21%. Total operating expenses were $43,681,000.

Profit Margin

Citizens Financial Services, Inc. (NASDAQ:CZFS): Profit margin
2014 37.69M 13.38M 35.51%
2015 38.25M 11.62M 30.39%
2016 45.86M 12.63M 27.56%
2017 50.91M 13.02M 25.58%
2018 54.91M 18.03M 32.84%
2019 58.32M 19.49M 33.42%
2020 73.61M 25.10M 34.1%
2021 78.41M 29.11M 37.13%
2022 81.87M 29.06M 35.49%
2023 86.33M 17.81M 20.63%

CZFS Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
86.33M81.87M78.41M73.61M58.32M54.91M50.91M45.86M38.25M37.69M
Cost of revenue
0000000000
Gross profit
86.33M81.87M78.41M73.61M58.32M54.91M50.91M45.86M38.25M37.69M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
43.68M-34.27M-43.1M-43.24M-35.01M19.51M17.84M16.98M12.96M11.96M
Operating income
42.65M47.59M35.31M30.36M23.31M31.01M24.89M20.71M19.16M21.89M
Other income (expenses), net
-21.14M-12.1M35.31M-2.17M23.31M-9.57M-6.81M-5.04M-1.10M-6.19M
Income before tax
21.51M35.49M35.31M30.36M23.31M21.43M19.05M15.67M14.34M16.94M
Income tax expense
3.70M6.43M6.19M5.26M3.82M3.40M6.03M3.03M2.72M3.55M
Net income
17.81M29.06M29.11M25.10M19.49M18.03M13.02M12.63M11.62M13.38M
Earnings per share
Basic EPS
4.067.257.246.45.324.893.533.43.393.91
Diluted EPS
4.067.257.246.45.324.893.533.43.393.91
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