Citizens Financial Services Q2 net income rises 20.4% to $10.2 million
Citizens Financial Services reported unaudited second-quarter 2026 net income of $10.2 million, up 20.4% from a year earlier, with basic earnings per share of $2.12 versus $1.76. Non-performing assets rose to $43.4 million at June 30, 2026, up from $27.4 million a year earlier, which the company attributed mainly to six commercial real estate and one construction loan relationships placed on non-accrual status.
Key points
- Q2 2026 net income was $10,187,000 versus $8,463,000 in Q2 2025; basic EPS was $2.12 versus $1.76.
- Six-month net income was $20.6 million, up 27.9%, with basic EPS of $4.29 versus $3.35.
- Non-performing assets were $43,365,000 at June 30, 2026, or 1.81% of total loans, compared with 1.22% a year earlier.
- Quarterly cash dividend of $0.51 per share was declared June 2, 2026, up 4.0% from $0.49 a year earlier.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.