Financial services firm Citizens Q3 revenue misses estimates

Reuters
2025.11.06 22:12
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Citizens Financial Services reported Q3 2025 revenue of $62.8 million, falling short of analyst expectations of $63.5 million. However, adjusted net income rose 70% year-over-year. The company expanded its network of producing agents by 19% since Q3 2024 and anticipates revenue and profit growth for 2026, despite expected reductions in matured endowment benefit payments. The stock is currently trading at 18 times the next 12-month earnings, up from a P/E of 12 three months ago.