---
schema_version: "secwatch.filing_event.v1"
accession: "0000739421-26-000027"
form_type: "8-K"
ticker: "CZFS"
cik: "0000739421"
company_name: "CITIZENS FINANCIAL SERVICES INC"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:32:56.438372+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CZFS Q1 net income $10.4M (+36% YoY); EPS $2.16; NPAs surge to $40M (1.74% of loans)

## Summary
- Net income $10.4M vs $7.6M YoY; diluted EPS $2.16 vs $1.59.
- Net interest income before provision $26.1M, up 13.5% YoY; net interest margin 3.72%.
- Non-performing assets jumped to $40.1M (1.74% of loans) from $29.2M at Dec 31, driven by four commercial real estate loans.
- Deposits grew $64.2M to $2.44B, mostly from brokered deposits ($52.8M); loan-to-deposit ratio 94.14%.
- Quarterly dividend increased 2% to $0.50 per share, paid March 27, 2026.

## SEC filing metadata
- accession: 0000739421-26-000027
- form_type: 8-K
- ticker: CZFS
- cik: 0000739421
- company_name: CITIZENS FINANCIAL SERVICES INC
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/739421/000073942126000027/0000739421-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/739421/000073942126000027/firstqtrearnings2026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000739421-26-000027
- JSON: https://secwatch.observer/filing/0000739421-26-000027.json
- Plain text: https://secwatch.observer/filing/0000739421-26-000027.txt

## Key facts
- Earnings Releases
  CITIZENS FINANCIAL SERVICES INC reported first quarter 2026 results: net income $10.4 million, EPS $2.16.
  - Period: first quarter 2026
  - Net income: $10.4 million
  - EPS: $2.16
  - Result: reported results
  source text: First Citizens Community Bank (the “Bank”), released today its unaudited consolidated financial results for the three months ended March 31, 2026. Highlights • Net income was $10.4 million for the three months ended March 31, 2026, which is 36.15% more than the net income for 2025’s comparable period. The increase was driven by the increase in net interest income
  evidence_url: https://www.sec.gov/Archives/edgar/data/739421/000073942126000027/0000739421-26-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.