Citizens Financial Services Management
Management criteria checks 4/4
Citizens Financial Services' CEO is Randy Black, appointed in Apr 2004, has a tenure of 20.67 years. total yearly compensation is $739.41K, comprised of 77.8% salary and 22.2% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth $2.87M. The average tenure of the management team and the board of directors is 8.8 years and 12 years respectively.
Key information
Randy Black
Chief executive officer
US$739.4k
Total compensation
| CEO salary percentage | 77.8% |
| CEO tenure | 20.7yrs |
| CEO ownership | 0.9% |
| Management average tenure | 8.8yrs |
| Board average tenure | 12yrs |
Recent management updates
Recent updates
Citizens Financial Services (NASDAQ:CZFS) Is Paying Out A Dividend Of $0.49
Sep 09
Citizens Financial Services (NASDAQ:CZFS) Has Announced A Dividend Of $0.49
Jun 11Citizens Financial Services (NASDAQ:CZFS) Will Pay A Dividend Of $0.49
Mar 11Here's Why We Think Citizens Financial Services (NASDAQ:CZFS) Might Deserve Your Attention Today
May 10Citizens Financial Services to acquire HV Bancorp
Oct 19Citizens Financial Services (NASDAQ:CZFS) Is Increasing Its Dividend To $0.48
Sep 06Citizens Financial Services rises dividend 1.1% to $0.48/shares
Sep 01Citizens Financial Services GAAP EPS of $1.74, revenue of $20.03M
Jul 22Citizens Financial Services (NASDAQ:CZFS) Has Announced That It Will Be Increasing Its Dividend To US$0.47
Jun 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$27m |
| Jun 30 2024 | n/a | n/a | US$27m |
| Mar 31 2024 | n/a | n/a | US$18m |
| Dec 31 2023 | US$739k | US$575k | US$18m |
| Sep 30 2023 | n/a | n/a | US$18m |
| Jun 30 2023 | n/a | n/a | US$18m |
| Mar 31 2023 | n/a | n/a | US$29m |
| Dec 31 2022 | US$1m | US$591k | US$29m |
| Sep 30 2022 | n/a | n/a | US$28m |
| Jun 30 2022 | n/a | n/a | US$28m |
| Mar 31 2022 | n/a | n/a | US$27m |
| Dec 31 2021 | US$2m | US$575k | US$29m |
| Sep 30 2021 | n/a | n/a | US$29m |
| Jun 30 2021 | n/a | n/a | US$30m |
| Mar 31 2021 | n/a | n/a | US$29m |
| Dec 31 2020 | US$1m | US$496k | US$25m |
| Sep 30 2020 | n/a | n/a | US$23m |
| Jun 30 2020 | n/a | n/a | US$20m |
| Mar 31 2020 | n/a | n/a | US$20m |
| Dec 31 2019 | US$944k | US$451k | US$19m |
| Sep 30 2019 | n/a | n/a | US$19m |
| Jun 30 2019 | n/a | n/a | US$18m |
| Mar 31 2019 | n/a | n/a | US$18m |
| Dec 31 2018 | US$879k | US$425k | US$18m |
| Sep 30 2018 | n/a | n/a | US$16m |
| Jun 30 2018 | n/a | n/a | US$15m |
| Mar 31 2018 | n/a | n/a | US$14m |
| Dec 31 2017 | US$693k | US$390k | US$13m |
Compensation vs Market: Randy's total compensation ($USD739.41K) is below average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
CEO
Randy Black (57 yo)
20.7yrs
Tenure
US$739,407
Compensation
Mr. Randall E. Black, also known as Randy, serves as Director at Federal Reserve Bank of Philadelphia. Mr. Black has been the Chief Executive Officer of Citizens Financial Services, Inc. and First Citizens...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | 20.7yrs | US$739.41k | 0.91% $ 2.9m | |
| Executive VP & CFO | 5.1yrs | US$182.64k | 0.084% $ 265.3k | |
| Chief Operating Officer | less than a year | no data | 0.032% $ 100.4k | |
| Senior VP | no data | US$129.02k | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior VP & Southcentral Market Executive | 5yrs | no data | no data | |
| Senior VP & Chief Banking Officer | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Executive VP & Chief Lending Officer of First Citizens Community Bank | 14.9yrs | US$268.89k | 0.16% $ 503.0k | |
| Senior VP & Chief Retail Banking Officer of First Citizens Community Bank | 12.4yrs | US$178.48k | no data |
8.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: CZFS's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | 20.9yrs | US$739.41k | 0.91% $ 2.9m | |
| Director | less than a year | US$309.62k | 0.27% $ 838.8k | |
| Independent Chairman of the Board | 23.9yrs | US$78.26k | 0.57% $ 1.8m | |
| Independent Director | 23.9yrs | US$56.48k | 1.36% $ 4.3m | |
| Director | 7yrs | US$407.58k | 0.031% $ 96.4k | |
| Director | 4.8yrs | US$522.18k | 0.31% $ 963.8k | |
| Lead Independent Director | 18.7yrs | US$56.08k | 0.38% $ 1.2m | |
| Independent Director | 18.7yrs | US$56.18k | 0.25% $ 777.7k | |
| Independent Director | 14.9yrs | US$53.46k | 0.31% $ 983.4k | |
| Independent Director | 9yrs | US$62.41k | 0.62% $ 2.0m | |
| Independent Director | 6yrs | US$53.63k | 0.26% $ 804.9k | |
| Independent Director | 2.8yrs | US$53.88k | 0.066% $ 207.7k |
12.0yrs
Average Tenure
64.5yo
Average Age
Experienced Board: CZFS's board of directors are seasoned and experienced ( 12 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Citizens Financial Services, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Beury | Boenning & Scattergood, Inc. |
| Jacob Civiello | Janney Montgomery Scott LLC |