Citizens Financial Services CZFS
CZFS

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

Citizens Financial Services (CZFS) posted Loans - Loss Allowance of $18.6 million for Q4 2022, up 1.43% on a QoQ basis from $18.3 million in Q3 2022, and up 7.21% year-over-year from $17.3 million in Q4 2021.

Analysis

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

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

  • On a quarterly basis, Loans - Loss Allowance rose 7.21% year-over-year to $18.6 million in Q4 2022; TTM through Dec 2022 was $18.6 million, a 7.21% increase from a year earlier, with the FY2022 full-year figure at $18.6 million, up 7.21% from the prior year.
  • Loans - Loss Allowance was $18.6 million for Q4 2022 at Citizens Financial Services, 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.
  • The sharpest annual moves came in 2018 and 2022: Loans - Loss Allowance gained 23.2% in 2018, then advanced 3.77% in 2022.
  • Over 5 years, Loans - Loss Allowance 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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Loss Allowance (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - -
2 Truist Financial 59.29 Bn 59.29 Bn - 4.98 Bn
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - 2.92 Bn
4 M&T Bank 32.82 Bn 32.82 Bn - 2.18 Bn
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 3.25 Bn
6 Citizens Financial 28.34 Bn 28.34 Bn - 1.97 Bn
7 Regions Financial 24.27 Bn 24.34 Bn - 1.49 Bn
8 Keycorp 22.19 Bn -25.51 Bn - 1.45 Bn
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn 1.48 Bn
10 Citizens Financial Services 391.28 Mn 305.36 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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
API Access

Citizens Financial Services Loans - Loss Allowance API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=CZFS&period=max&api_key=YOUR_API_KEY