CITIZENS & NORTHERN CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $122.7M | $108.3M | $104.8M | $107.6M | $103.8M | $92.1M | $73.8M | $66.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $28.6M | $31.9M | $63.6M | $41.9M | $44.2M | $32.8M | $33.7M | $30.9M |
| Operating Margin | 23.3% | 29.4% | 60.7% | 38.9% | 42.6% | 35.6% | 45.7% | 46.6% |
| Interest Expense | — | — | $33.1M | $9.5M | $6.6M | $9.6M | $10.3M | $4.6M |
| Pretax Income | $28.6M | $31.9M | $30.5M | $32.4M | $37.7M | $23.2M | $23.4M | $26.3M |
| Income Tax Expense | $5.2M | $5.9M | $6.3M | $5.7M | $7.1M | $4.0M | $3.9M | $4.3M |
| Net Income | $23.4M | $26.0M | $24.1M | $26.6M | $30.6M | $19.2M | $19.5M | $22.0M |
| Net Margin | 19.1% | 24.0% | 23.0% | 24.7% | 29.4% | 20.9% | 26.4% | 33.2% |
| EPS (Basic) | $1.46 | $1.69 | $1.57 | $1.71 | $1.92 | $1.30 | $1.46 | $1.79 |
| EPS (Diluted) | — | $1.69 | $1.57 | $1.71 | $1.92 | $1.30 | $1.46 | $1.79 |
| Shares Outstanding (Basic) | 15.9M | 15.3M | 15.2M | 15.5M | 15.8M | 14.7M | 13.3M | 12.2M |
| Shares Outstanding (Diluted) | 15.9M | 15.3M | 15.2M | 15.5M | 15.8M | 14.7M | 13.3M | 12.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |