Citizens & Northern Corporation Aktie News

WELLSBORO, Pa. , Nov. 27, 2023 /PRNewswire/ -- (Citizens & Northern Corporation, NASDAQ: CZNC) -- In a world where financial stability and growth are paramount, savvy investors are constantly on the lookout for opportunities that can not only protect their hard-earned money but also offer impressive returns.

We invest in dividend stocks to grow passive income and eventually cover monthly expenses for early retirement. We use a stock screener to find undervalued stocks with a strong payout ratio and a history of increasing dividends. In August, we received $1,097 in dividend income, with notable contributions from National Grid and Texas Instruments.

CZNC's revenue has been steadily rising for the past 5 years (10.28% on average), and it recently accelerated (34.71%). They have a healthy balance sheet with a strong operating cash flow.

Citizens & Northern saw its EPS drop to $0.18 in Q3, but this was related to non-recurring merger expenses. Excluding these expenses, the EPS would have come in closer to $0.50 which means the dividend is still comfortably covered.

ISBA delivered record earnings last quarter, driven by a growing loan portfolio.