Citizens Financial Services, Inc.

Citizens Financial Services, Inc. reported net income of $36.6M for FY 2025, a 31.5% increase from $27.8M in FY 2024. This growth was primarily driven by an $11.7M increase in net interest income after provision for credit losses, reaching $95.6M. Total interest income grew to $159.2M, while interest expense decreased to $61.2M. Non-interest income was $14.3M, and non-interest expenses totaled $64.7M. The company's total assets grew to $3.06B, with loans net of allowance at $2.33B and total deposits at $2.38B. The net interest margin improved to 3.50% from 3.13% in the prior year, reflecting favorable asset yields and lower funding costs. Key forward-looking items include managing commercial real estate concentrations and continued focus on net interest income growth.

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