Citizens Financial Services Q3 net income rises 19.2% to $11.9 million
Citizens Financial Services reported unaudited third-quarter 2026 net income of $11.9 million, up 19.2% from $10.0 million a year earlier, with basic EPS of $2.48 versus $2.09. Net income for the first nine months rose 24.5% to $32.5 million, but non-performing assets reached $51.5 million at September 30, 2026, up from $23.0 million a year earlier, which the company attributed partly to about $21.4 million of commercial and construction real estate loans placed on non-accrual status.
Key points
- Q3 2026 net income $11.9 million versus $10.0 million in Q3 2025; basic EPS $2.48 versus $2.09
- Nine-month 2026 net income $32.5 million versus $26.1 million; basic EPS $6.77 versus $5.44
- No provision for credit losses in Q3 2026, compared with $500,000 in Q3 2025
- Non-performing assets 2.16% of loans at September 30, 2026, up from 1.03% 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 October 30, 2026.
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