Citizens Financial Services (CZFS) Interest Expense - Deposits: 2016-2021

Historic Interest Expense - Deposits for Citizens Financial Services (CZFS) over the last 6 years, with Dec 2021 value amounting to $1.3 million.

  • Citizens Financial Services' Interest Expense - Deposits fell 17.81% to $1.3 million in Q4 2021 from the same period last year, while for Dec 2021 it was $5.8 million, marking a year-over-year decrease of 14.80%. This contributed to the annual value of $52.3 million for FY2024, which is 65.07% up from last year.
  • Per Citizens Financial Services' latest filing, its Interest Expense - Deposits stood at $1.3 million for Q4 2021, which was down 9.14% from $1.4 million recorded in Q3 2021.
  • Over the past 5 years, Citizens Financial Services' Interest Expense - Deposits peaked at $2.4 million during Q2 2019, and registered a low of $1.0 million during Q1 2017.
  • Moreover, its 3-year median value for Interest Expense - Deposits was $1.6 million (2020), whereas its average is $1.8 million.
  • Per our database at Business Quant, Citizens Financial Services' Interest Expense - Deposits soared by 80.52% in 2018 and then crashed by 30.90% in 2020.
  • Quarterly analysis of 5 years shows Citizens Financial Services' Interest Expense - Deposits stood at $1.2 million in 2017, then spiked by 80.52% to $2.2 million in 2018, then dropped by 1.04% to $2.2 million in 2019, then decreased by 28.28% to $1.6 million in 2020, then fell by 17.81% to $1.3 million in 2021.
  • Its Interest Expense - Deposits was $1.3 million in Q4 2021, compared to $1.4 million in Q3 2021 and $1.5 million in Q2 2021.