Citizens Financial Services, Inc. Declares Quarterly Cash Dividend and a 1% Stock Dividend
06/03/2025
Mansfield, Pennsylvania (June 3, 2025) —The Board of Directors of Citizens Financial Services, Inc. (Nasdaq: CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash and stock dividend for its shareholders.
The cash dividend of $0.495 per share and a stock dividend of 1% are payable on June 27, 2025 to shareholders of record at the close of business on June 13, 2025. This quarterly cash dividend is an increase of 2.0% over the regular cash dividend of $0.485 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2024.
“We are pleased to announce both a cash and a stock dividend, reflecting our commitment to delivering value to our shareholders," said Randy Black, President and CEO of FCCB. "These dividends underscore our strong financial performance and our confidence in the company's continued growth and future prospects. We believe this dual declaration demonstrates our dedication to rewarding our investors while also allowing them to participate in our ongoing success.”
Citizens Financial Services, Inc. is a $3.0 billion bank holding company conducting business through First Citizens Community Bank (FCCB). First Citizens Community Bank (FCCB) services customers from 44 locations in Pennsylvania, Delaware, New Jersey and New York.
For further information regarding the common stock of Citizens Financial Services, Inc., please contact any of the following firms: Automated Trading Desk, 866-283-2831; Boenning & Scattergood, Inc., 800-842-8928; Keefe, Bruyette & Woods, Inc., 800-342-5529; Monroe Securities Inc., 800-766-5560; Pershing LLC, 201-413-2700; RBC Capital Markets Corp., 800-959-5951; Sandler O’ Neill & Partners, 212-466-8020; Stifel, Nicolaus & Co., Inc., 973-549-4200; UBS Securities, LLC, 203-719-8710.
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.
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