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.
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 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
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "CZFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=CZFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();