Citizens Financial Services (CZFS) Loans - Loss Allowance (2011 - 2022)

Citizens Financial Services has reported Loans - Loss Allowance for 12 years, with the latest figure at $18.6 million in Q4 2022.

• For the quarter ending Q4 2022, Loans - Loss Allowance rose 7.21% year-over-year to $18.6 million; the trailing twelve-month figure through Dec 2022 stood at $18.6 million (up 7.21% YoY), and the FY2022 full-year result 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.
• Average Loans - Loss Allowance over 5 years is $15.1 million, with a median of $15.0 million recorded in 2020.
• Year-over-year, Loans - Loss Allowance advanced 23.2% in 2018 and climbed 3.77% in 2022.
• Tracing CZFS's Loans - Loss Allowance over 5 years: stood at $12.9 million in 2018, then rose by 7.46% to $13.8 million in 2019, then climbed by 14.23% to $15.8 million in 2020, then rose by 9.42% to $17.3 million in 2021, then gained by 7.21% to $18.6 million in 2022.
• The last three Loans - Loss Allowance figures came in at $18.6 million (Q4 2022), $18.3 million (Q3 2022), and $17.6 million (Q2 2022), per Business Quant data.

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