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

Citizens Financial Services' (CZFS) quarterly Loans - Loss Allowance came in at $18.6 million in Q4 2022, up 7.21% year-on-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.

  • 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 climbed to $18.6 million in Q4 2022 per CZFS's latest filing, from $18.3 million in the prior quarter.
  • Across five years, Loans - Loss Allowance topped out at $18.6 million in Q4 2022 and bottomed 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.
  • Across the five-year window, Loans - Loss Allowance advanced 23.2% in 2018 and climbed 3.77% in 2022, its largest moves.
  • Year by year, Loans - Loss Allowance stood at $12.9 million in 2018, then increased by 7.46% to $13.8 million in 2019, then advanced by 14.23% to $15.8 million in 2020, then increased by 9.42% to $17.3 million in 2021, then rose by 7.21% to $18.6 million in 2022.
  • Per Business Quant, the three latest CZFS Loans - Loss Allowance figures stand at $18.6 million (Q4 2022), $18.3 million (Q3 2022), and $17.6 million (Q2 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Loss Allowance (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 4.83 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 10.35 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 12.61 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 4.66 Bn
10 Citizens Financial Services 375.81 Mn 301.93 Mn - -

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