Citizens & Northern (CZNC) Q3 2026 earnings summary

Executive summary

• Record Q3 2026 net income of $16.3M, or $0.92 diluted EPS, versus $14.1M in Q2 2026 and $6.6M in Q3 2025.

• Q3 PPNR rose to $17.5M from $15.8M QoQ; results included a $3.2M credit for credit losses, mainly from qualitative-factor changes and lower loans.

Financial highlights

• Q3 net interest income was $30.2M, up $0.6M QoQ and $7.9M YoY; 9M net interest income increased $24.9M YoY to $88.3M.

• Q3 noninterest income was $9.4M, down $0.4M QoQ; noninterest expense was $22.3M, down $1.5M QoQ.

• 9M 2026 net income was $30.6M, or $1.72 diluted EPS, versus $19.0M and $1.22 in 9M 2025; 9M PPNR was $47.4M versus $29.7M.

• Total assets were $3.15B at Sept. 30, 2026; deposits were $2.61B and gross loans were $2.33B.

Outlook and guidance

• Management remained optimistic about loan growth prospects, citing reasonably strong originations despite a second consecutive quarterly decline in total loans from several large commercial loan payoffs.

• Management cited confidence in continued strong earnings performance when declaring a $0.02 per-share dividend increase.