CITIZENS FINANCIAL SERVICES, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $50.9M | $45.9M | $38.3M | $37.7M | $37.3M | $38.4M | $35.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $31.0M | $24.9M | $20.7M | $19.2M | $21.9M | $23.4M | $26.2M | $26.1M |
| Operating Margin | 476.2% | 48.9% | 45.2% | 50.1% | 58.1% | 62.8% | 68.3% | 73.5% |
| Interest Expense | $9.6M | $5.8M | $5.0M | $4.8M | $5.0M | $6.3M | $7.7M | $9.7M |
| Pretax Income | $21.4M | $19.1M | $15.7M | $14.3M | $16.9M | $17.1M | $18.5M | $16.4M |
| Income Tax Expense | $3.4M | $6.0M | $3.0M | $2.7M | $3.6M | $3.8M | $4.3M | $3.6M |
| Net Income | $18.0M | $13.0M | $12.6M | $11.6M | $13.4M | $13.4M | $14.2M | $12.8M |
| Net Margin | 276.9% | 25.6% | 27.6% | 30.4% | 35.5% | 35.8% | 37.0% | 36.1% |
| EPS (Basic) | $5.04 | $3.67 | $3.57 | $3.60 | $4.36 | $4.38 | $4.61 | $4.16 |
| EPS (Diluted) | $5.04 | $3.67 | $3.57 | $3.60 | $4.36 | $4.38 | $4.60 | $4.16 |
| Shares Outstanding (Basic) | 3.6M | 3.6M | 3.5M | 3.2M | 3.1M | 3.1M | 3.1M | 3.1M |
| Shares Outstanding (Diluted) | 3.6M | 3.6M | 3.5M | 3.2M | 3.1M | 3.1M | 3.1M | 3.1M |
| Dividends Per Share | $1.71 | $1.64 | $1.57 | $1.63 | $2.15 | $1.21 | $1.49 | $1.09 |