Citizens Financial Services Files Q4 2023 Earnings 8-K
Ticker: CZFS · Form: 8-K · Filed: Jan 30, 2024 · CIK: 739421
| Field | Detail |
|---|---|
| Company | Citizens Financial Services Inc (CZFS) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K, quarterly-report
TL;DR
**Citizens Financial Services just dropped its Q4 2023 earnings report via an 8-K.**
AI Summary
Citizens Financial Services Inc. filed an 8-K on January 30, 2024, to report its Fourth Quarter 2023 Earnings. This filing indicates the company is providing an update on its financial performance for the period ending December 31, 2023. For investors, this matters because it offers crucial insights into the company's profitability, revenue, and overall financial health, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with the latest financial results, allowing them to assess the company's performance and make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine earnings report, which provides transparency and is generally not considered high-risk.
Analyst Insight
A smart investor would review the full Fourth Quarter 2023 earnings report, which this 8-K announces, to understand the detailed financial performance and outlook of Citizens Financial Services Inc. before making any investment decisions.
Key Players & Entities
- CITIZENS FINANCIAL SERVICES INC (company) — the registrant filing the 8-K
- January 30, 2024 (date) — date of earliest event reported and filing date
- Pennsylvania (company) — state of incorporation for Citizens Financial Services Inc.
- NASDAQ Capital Market (company) — exchange where Common Stock, Par Value $1.00 Per Share is registered
- $1.00 (dollar_amount) — par value per share of Common Stock
FAQ
What is the purpose of this 8-K filing by Citizens Financial Services Inc.?
The purpose of this 8-K filing, dated January 30, 2024, is to report the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' related to the company's Fourth Quarter 2023 Earnings.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was January 30, 2024.
What is the trading symbol and the exchange where Citizens Financial Services Inc. common stock is registered?
The trading symbol for Citizens Financial Services Inc. common stock is CZFS, and it is registered on the NASDAQ Capital Market.
What is the par value per share of Citizens Financial Services Inc. common stock?
The par value per share of Citizens Financial Services Inc. common stock is $1.00.
What is the business address and phone number of Citizens Financial Services Inc. as listed in the filing?
The business address is 15 S MAIN ST, MANSFIELD, Pennsylvania, 16933, and the business phone number is (570) 662-0444.
Filing Stats: 508 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-30 16:10:14
Key Financial Figures
- $1.00 — ch registered Common Stock, Par Value $1.00 Per Share CZFS NASDAQ Capital Marke
Filing Documents
- fourthqtrearnings2023.htm (8-K) — 24KB
- fourthqtrpressrelease2023.htm (EX-99.1) — 512KB
- 0000739421-24-000004.txt ( ) — 707KB
- czfs-20240130.xsd (EX-101.SCH) — 4KB
- czfs-20240130_lab.xml (EX-101.LAB) — 22KB
- czfs-20240130_pre.xml (EX-101.PRE) — 16KB
- fourthqtrearnings2023_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. Randall E. Black, Chief Executive Officer, recently announced the unaudited consolidated financial results for Citizens Financial Services, Inc. and susbisidaries for the fourth quarter 2023. On Janaury 30, 2024, Citizens Financial Services, Inc. issued a press release titled "Citizens Financial Services, Inc. Reports Unaudited Full Year and Fourth Quarter 2023 Financial Results", attached as Exhibit 99.1 to the Current Report on Form 8-K and incorporated herein by reference. The information furnished under Item 2.02 of the Current Report on an 8-K shall not be deemed "filed" for any purpose.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 99.1 Press release issued by Citizens Financial Services, Inc. on January 29, 2024, titled "Citizens Financial Services, Inc. Reports Unaudited Full Year and Fourth Quarter 2023 Financial Results". 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CITIZENS FINANCIAL SERVICES, INC. Date: January 30, 2024 By: /s/ Stephen J. Guillaume Stephen J. Guillaume Chief Financial Officer