founded in 1864 as the first national bank of wellsborough, c&n is a full-service financial institution with branch offices in eight counties across northern pennsylvania and southern new york. for over 150 years, c&n has been committed to the businesses and families in our local communities. c&n has been instrumental in helping those communities thrive by providing needed funding for growth and contributing to local charities which share c&n’s mission to enhance the lives of our neighbors in the communities we serve. citizens & northern corporation is a bank holding company with assets exceeding $1.2 billion and is headquartered in wellsboro, pa. banking services are provided by its subsidiary, citizens & northern bank, from 26 banking offices in bradford, cameron, lycoming, mckean, potter, sullivan and tioga counties in pennsylvania and steuben county in new york. investment products are offered through c&n investment services and insurance products are offered through c&n financ
Company profile
Ticker
CZNC
Exchange
Website
CEO
J. Bradley Scovill
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Bucktail Life Insurance Company • Citizens & Northern Investment Corporation • C&N Financial Services, LLC • Northern Tier Holding LLC ...
IRS number
232451943
CZNC stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
15 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
C&N Declares Dividend and Announces Fourth Quarter 2023 Unaudited Financial Results
18 Jan 24
8-K
Other Events
4 Jan 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
C&N Declares Dividend and Announces Third Quarter 2023 Unaudited Financial Results
19 Oct 23
8-K
Citizens & Northern Corporation Approves New Treasury Stock Repurchase Program
25 Sep 23
S-8
Registration of securities for employees
8 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
C&N Declares Dividend and Announces Second Quarter 2023 Unaudited Financial Results
20 Jul 23
Latest ownership filings
4
Katherine W Shattuck
9 Apr 24
4
Frank G Pellegrino
9 Apr 24
4
Robert G Loughery
9 Apr 24
4
Frank G Pellegrino
12 Mar 24
4
Katherine W Shattuck
12 Mar 24
4
Alexander Balagour
22 Feb 24
4
Harold F Hoose III
22 Feb 24
4
Stan R Dunsmore
22 Feb 24
4
Matthew L Bower
22 Feb 24
4
Kelley A Cwiklinski
22 Feb 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 52.66 mm | 52.66 mm | 52.66 mm | 52.66 mm | 52.66 mm | 52.66 mm |
Cash burn (monthly) | (no burn) | 948.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 6.34 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 46.32 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 48.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
29.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 61 |
Opened positions | 6 |
Closed positions | 3 |
Increased positions | 19 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 75.14 bn |
Total shares | 4.46 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.06 mm | $18.65 bn |
Vanguard | 704.89 k | $12.37 bn |
Dimensional Fund Advisors | 513.23 k | $9.01 bn |
CZNC Citizens & Northern | 318.74 k | $5.59 bn |
Geode Capital Management | 307.16 k | $5.39 bn |
STT State Street | 301.39 k | $5.29 bn |
IVC Wealth Advisors | 137.19 k | $2.41 bn |
NTRS Northern Trust | 125.94 k | $2.21 bn |
Pennsylvania Capital Management | 125.41 k | $2.20 bn |
BK Bank Of New York Mellon | 120.94 k | $2.12 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Apr 24 | Robert G Loughery | Common Stock | Buy | Acquire P | No | No | 18.1065 | 274 | 4.96 k | 8,636 |
8 Apr 24 | Pellegrino Frank G | Common Stock | Buy | Acquire P | No | No | 18.1065 | 489 | 8.85 k | 37,118 |
8 Apr 24 | Katherine W Shattuck | Common Stock | Buy | Acquire P | No | No | 18.1065 | 467 | 8.46 k | 6,505 |
8 Mar 24 | Pellegrino Frank G | Common Stock | Buy | Acquire P | No | No | 17.9677 | 94 | 1.69 k | 36,629 |
8 Mar 24 | Katherine W Shattuck | Common Stock | Buy | Acquire P | No | No | 17.9677 | 94 | 1.69 k | 6,038 |