Filing Flows › Citizens Financial Services (CZFS) › Q1 2025
Citizens Financial Services (CZFS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Citizens Financial Services (CZFS) reported revenue of $26.4M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +0.8% from the quarter before. Operating margin was 35.7%, net earnings $7.6M (28.8% of revenue).
Citizens Financial Services, Q1 2025: revenue $26.4M (+2% year over year), operating margin 35.7%, net earnings $7.6M, operating cash flow $10.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.4M | +0.8% | +2% |
| Operating profit | $9.4M | -3% | +11% |
| Net earnings | $7.6M | -5% | +8% |
| Operating cash flow | $10.9M | +4% | -19% |
| Free cash flow | $10.4M | +3% | -22% |
What changed
Revenue was $26.4M in Q1 2025, up 2% year over year and up 1% from the previous quarter.
Operating profit was $9.4M, a 35.7% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 185% reached operating profit, above the 33% margin then. Total costs fell 2% while revenue rose 2%. Net earnings were $7.6M, up 8% year over year. The effective tax rate was 19.1%.
Operating cash flow was $10.9M (down 19% year over year), 144% of net earnings. Non-cash charges added back $449K of depreciation and amortization. Working capital and other items added $2.9M. Capital expenditures of $585K left free cash flow of $10.4M.
Questions
What was Citizens Financial Services' revenue in the first quarter 2025?
Citizens Financial Services (CZFS) reported revenue of $26.4M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +0.8% from the quarter before.
Was Citizens Financial Services profitable in the first quarter 2025?
Operating profit was $9.4M (35.7% of revenue) and net earnings $7.6M.