Citizens & Northern (CZNC) Operating Expenses (2010 - 2026)
Citizens & Northern (CZNC) reported Operating Expenses of $22.7 million for Q1 2026, up 19.27% on a YoY basis from $19.0 million in Q1 2025, and down 24.69% quarter-over-quarter from $30.2 million in Q4 2025.
Citizens & Northern (CZNC) Operating Expenses (2010 - 2026) Analysis & Trends
Citizens & Northern has reported Operating Expenses for 17 years, with the latest figure at $22.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 19.27% year-over-year to $22.7 million; the trailing twelve-month figure through Mar 2026 stood at $91.7 million (up 22.22% YoY), and the FY2025 full-year result was $88.0 million, up 18.49% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.7 million, down from $30.2 million in the prior quarter.
- The five-year high for Operating Expenses was $30.2 million in Q4 2025, with the low at $16.6 million in Q4 2022.
- Historically, Operating Expenses has averaged $19.2 million across 5 years, with a median of $18.4 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses declined 4.1% — and 2025, when it jumped 63.64%.
- Citizens & Northern's Operating Expenses stood at $16.6 million in 2022, then advanced by 10.92% to $18.4 million in 2023, then grew by 0.17% to $18.4 million in 2024, then surged by 63.64% to $30.2 million in 2025, then decreased by 24.69% to $22.7 million in 2026.
- The last three Operating Expenses figures came in at $22.7 million (Q1 2026), $30.2 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Citizens & Northern | 391.00 Mn | 334.85 Mn | - | 22.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.71 Mn |
| Dec 31, 2025 | 30.16 Mn |
| Sep 30, 2025 | 19.39 Mn |
| Jun 30, 2025 | 19.40 Mn |
| Mar 31, 2025 | 19.04 Mn |
| Dec 31, 2024 | 18.43 Mn |
| Sep 30, 2024 | 18.27 Mn |
| Jun 30, 2024 | 19.26 Mn |
| Mar 31, 2024 | 18.30 Mn |
| Dec 31, 2023 | 18.40 Mn |
| Sep 30, 2023 | 17.94 Mn |
| Jun 30, 2023 | 18.72 Mn |
| Mar 31, 2023 | 19.09 Mn |
| Dec 31, 2022 | 16.59 Mn |
| Sep 30, 2022 | 17.44 Mn |
| Jun 30, 2022 | 17.04 Mn |
| Mar 31, 2022 | 16.89 Mn |
| Dec 31, 2021 | 16.02 Mn |
| Sep 30, 2021 | 15.35 Mn |
| Jun 30, 2021 | 15.40 Mn |