Citizens Financial Services (CZFS) Loans - Loss Allowance (2011 - 2022)
Citizens Financial Services (CZFS) posted quarterly Loans - Loss Allowance of $18.6 million for Q4 2022, up 7.21% year-over-year from $17.3 million in Q4 2021, and up 1.43% quarter-over-quarter from $18.3 million in Q3 2022.
Citizens Financial Services (CZFS) Loans - Loss Allowance (2011 - 2022) Analysis & Trends
Citizens Financial Services' Loans - Loss Allowance history runs 12 years deep, the most recent figure standing at $18.6 million for Q4 2022.
- In Q4 2022, Loans - Loss Allowance rose 7.21% year-over-year to $18.6 million; the TTM figure through Dec 2022 stood at $18.6 million (up 7.21% YoY), while the FY2022 annual figure was $18.6 million, up 7.21% from the prior year.
- Loans - Loss Allowance for Q4 2022 stood at $18.6 million, up from $18.3 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $18.6 million in Q4 2022, with the low at $11.6 million in Q1 2018.
- The 5-year median for Loans - Loss Allowance is $15.0 million (2020), against an average of $15.1 million.
- The sharpest annual moves came in 2018 and 2022: Loans - Loss Allowance increased 23.2% in 2018, then rose 3.77% in 2022.
- Citizens Financial Services' Loans - Loss Allowance stood at $12.9 million in 2018, then grew by 7.46% to $13.8 million in 2019, then gained by 14.23% to $15.8 million in 2020, then grew by 9.42% to $17.3 million in 2021, then increased by 7.21% to $18.6 million in 2022.
- Business Quant data shows CZFS's Loans - Loss Allowance at $18.6 million in Q4 2022, $18.3 million in Q3 2022, and $17.6 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | Citizens Financial Services | 397.75 Mn | 311.83 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 18.55 Mn |
| Sep 30, 2022 | 18.29 Mn |
| Jun 30, 2022 | 17.57 Mn |
| Mar 31, 2022 | 17.56 Mn |
| Dec 31, 2021 | 17.30 Mn |
| Sep 30, 2021 | 17.33 Mn |
| Jun 30, 2021 | 16.93 Mn |
| Mar 31, 2021 | 16.56 Mn |
| Dec 31, 2020 | 15.82 Mn |
| Sep 30, 2020 | 15.17 Mn |
| Jun 30, 2020 | 14.83 Mn |
| Mar 31, 2020 | 14.25 Mn |
| Dec 31, 2019 | 13.85 Mn |
| Sep 30, 2019 | 13.68 Mn |
| Jun 30, 2019 | 13.30 Mn |
| Mar 31, 2019 | 13.08 Mn |
| Dec 31, 2018 | 12.88 Mn |
| Sep 30, 2018 | 12.38 Mn |
| Jun 30, 2018 | 11.94 Mn |
| Mar 31, 2018 | 11.59 Mn |