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CZNCCitizens & Northern CorpSell5.3·$22.69-2.37%
SellModerate Confidence
Investment thesis

CZNC presents a technical breakout and a statistically cheap valuation, but a quality score below the engine's exit floor, a four-quarter earnings-miss streak, and a dividend-safety warning temper the setup.

Thesis pillars

  • Attractive Valuation Low PegStable
  • Technical Breakout SetupStable
  • Quality Below Floor Earnings Miss StreakStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Citizens & Northern Corp (CZNC) Stock Analysis

Breakout setup · Inst Constrain edge

SellValueGrowthShortModerate Confidence

Financial Services · Banks - Regional

Sell if holding. Engine safety override at $22.69: Quality below floor (3.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: Below-average business quality.

Citizens & Northern Corporation is a Wellsboro, Pennsylvania-based bank holding company operating Citizens & Northern Bank, with 35 branches across north-central, southeastern, and southcentral Pennsylvania and southern New York. The bank ended 2025 with $3.1 billion in total... Read more

$22.69+4.8% A.UpsideScore 5.3/10#197 of 223 Banks - Regional
QualityF-score6 / 9FCF yield
IncomeYield4.74%(5y avg 5.17%)Payout104.67%at-risk
Stop $21.43Target $23.77(resistance)A.R:R -1.7:1
Analyst target$24.00+5.8%1 analysts
Range unavailable (1 analysts)

Sell if holding. Engine safety override at $22.69: Quality below floor (3.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 58, MACD bullish. Score 5.3/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 16d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Citizens & Northern Corp

About Citizens & Northern Corp

Citizens & Northern Corporation ended 2025 with $3.1 billion in consolidated total assets, $2.6 billion in total deposits, and $2.4 billion in gross loans, up 89%, 105%, and 99% respectively from year-end 2019. The Wellsboro, Pennsylvania-based bank holding company operates 35 branch offices concentrated in the Northern tier/Northcentral region of Pennsylvania, with additional locations in Southeastern and Southcentral Pennsylvania and the Southern tier of New York. Citizens & Northern Bank is supervised by the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities.

Citizens & Northern Bank earns net interest income on commercial, residential, and personal loans funded primarily by core deposits, supplemented by fee income from its trust department and C&N Financial Services, which sells insurance, mutual funds, and annuities through a broker-dealer arrangement. A significant portion of its loan portfolio consists of commercial real estate loans, spanning owner-occupied, non-owner-occupied, and other commercial properties, which regulators generally scrutinize more heavily than residential lending. On October 1, 2025, the company completed its acquisition of Susquehanna Community Financial for $44.6 million in stock, adding seven banking offices in Lycoming, Northumberland, Snyder, and Union counties, following earlier acquisitions of Covenant Financial in 2020 and Monument Bancorp in 2019 that pushed the bank into Southeastern Pennsylvania. It also originates and sells residential mortgages into the secondary market through the MPF Xtra and MPF Original programs administered by the Federal Home Loan Banks of Pittsburgh and Chicago, with $450.1 million in outstanding balances sold and serviced as of December 31, 2025.

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Citizens & Northern's credit risk is concentrated by geography rather than by counterparty: the 10-K states that the Corporation grants loans primarily in its markets across the Northern tier/Northcentral regions of Pennsylvania, the Southern tier of New York, and Southeastern and Southcentral Pennsylvania, and that debtors' ability to repay depends significantly on local economic conditions within those regions. Because commercial real estate makes up a significant share of the loan book, a downturn concentrated in north-central Pennsylvania's economy could pressure asset quality more than at a bank with a wider multi-state footprint, even though management describes the loan portfolio itself as diversified by type.

See also: Financial Services · Banks - Regional

From Citizens & Northern Corp's most recent 10-K filing, extracted July 6, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 202616d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Target reached (-10.1% upside)
Quality below floor (3.0 < 4.0)

Key Metrics

P/E (TTM)21.9
P/E (Fwd)8.7
Mkt Cap$421M
EV/EBITDA
Profit Mgn15.4%
ROE5.6%
Rev Growth-13.8%
Beta0.40
Dividend4.74%
Rating analysts6

Quality Signals

Piotroski F6/9

Options Flow

P/C0.08bullish
IV95%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.2
Quality Rank
0.8
Value Rank
3.4

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.0
Dividend Safety
2.0
Erm
5.0
Earnings Timing
5.0
Earnings concerns: 0B/4MDividend: 4.7%

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Roa
0.4
Operating Margin
0.6
Roe
1.9
Moat
3.6
Piotroski F
6.7
Net Margin
7.7
Strong margins: 15%No competitive moatQuality concerns
GatesA.R:R -1.7=NEGATIVEMomentum 4.8<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.8>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 16d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
58 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $21.37Resistance $24.25

Price Targets

$21
$24
A.Upside+4.8%
A.R:R-1.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-10.1% upside)
! Quality below floor (3.0 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-07-23 (16d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CZNC stock a buy right now?

Sell if holding. Engine safety override at $22.69: Quality below floor (3.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 58, MACD bullish. Prior stop was $21.43. Score 5.3/10, moderate confidence.

What is the CZNC stock price target?

Take-profit target: $23.77 (+4.8% upside). Prior stop was $21.43. Stop-loss: $21.43.

What are the risks of investing in CZNC?

Target reached (-10.1% upside); Quality below floor (3.0 < 4.0).

Is CZNC overvalued or undervalued?

Citizens & Northern Corp trades at a P/E of 21.9 (forward 8.7). TrendMatrix value score: 8.6/10. Verdict: Sell.

What do analysts say about CZNC?

6 analysts cover CZNC with a consensus score of 2.2/5. Average price target: $24.

What does Citizens & Northern Corp do?Citizens & Northern Corporation is a Wellsboro, Pennsylvania-based bank holding company operating Citizens & Northern...

Citizens & Northern Corporation is a Wellsboro, Pennsylvania-based bank holding company operating Citizens & Northern Bank, with 35 branches across north-central, southeastern, and southcentral Pennsylvania and southern New York. The bank ended 2025 with $3.1 billion in total assets, $2.6 billion in deposits, and $2.4 billion in loans, earning net interest income supplemented by trust and insurance fee income.

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