Citizens & Northern (CZNC)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	121.49 mm	121.49 mm	121.49 mm	121.49 mm	121.49 mm	121.49 mm
Cash burn (monthly)	(no burn)	4.99 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	6.56 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	114.93 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	23.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

CZNC institutional ownership history Ownership history

33.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	76	71	+7.0%
Opened positions	9	10	-10.0%
Closed positions	4	9	-55.6%
Increased positions	32	25	+28.0%
Reduced positions	18	17	+5.9%

13F shares	Current	Prev Q	Change
Total value	94.16 bn	97.03 bn	-3.0%
Total shares	5.12 mm	4.98 mm	+2.8%
Total puts	200.00	200.00	–
Total calls	1.00 k	800.00	+25.0%
Total put/call ratio	0.2	0.3	-20.0%

Largest owners	Shares	Value	Change
BlackRock	1.20 mm	$22.27 bn	+2.6%
Vanguard	799.88 k	$14.88 bn	-3.1%
Dimensional Fund Advisors	558.32 k	$10.38 bn	+1.5%
Geode Capital Management	343.77 k	$6.40 bn	-0.6%
CZNC Citizens & Northern	338.69 k	$6.30 bn	+3.2%
STT State Street	319.84 k	$5.95 bn	+3.6%
NTRS Northern Trust	134.33 k	$2.50 bn	+5.3%
Pennsylvania Capital Management	104.02 k	$1.93 bn	-2.4%
IVC Wealth Advisors	81.99 k	$1.52 bn	-17.9%
PNC The PNC Financial Services Group, Inc.	73.52 k	$1.37 bn	-7.9%

Largest transactions	Shares	Bought/sold	Change
Stone House Investment Management	50.57 k	-44.69 k	-46.9%
BlackRock	1.20 mm	+30.16 k	+2.6%
Millennium Management	40.70 k	+29.72 k	+270.6%
JPM JPMorgan Chase & Co.	52.28 k	+28.24 k	+117.5%
BK The Bank of New York Mellon Corporation	59.60 k	-27.20 k	-31.3%
Vanguard	799.88 k	-25.65 k	-3.1%
Connor, Clark & Lunn Investment Management	23.09 k	+23.09 k	NEW
Susquehanna International	21.47 k	+21.47 k	NEW
Marshall Wace	20.52 k	+20.52 k	NEW
Citadel Advisors	61.13 k	+18.48 k	+43.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CZNC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Oct 25	Pellegrino Frank G	Common Stock	Buy	Acquire P	No	No	19.7	207	4.08 k	46,080
3 Oct 25	Katherine W Shattuck	Common Stock	Buy	Acquire P	No	No	19.7	19	374.30	9,521
1 Oct 25	Christian C Trate	Common Stock	Grant	Acquire A	Yes	No	0	5,587	0.00	5,587
1 Oct 25	Christian C Trate	Common Stock	Grant	Acquire A	Yes	No	0	6,142	0.00	6,142
1 Oct 25	Christian C Trate	Common Stock	Grant	Acquire A	Yes	No	0	70,360	0.00	70,360
1 Oct 25	Christian C Trate	Common Stock	Grant	Acquire A	No	No	0	25,906	0.00	25,906

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Piper Sandler Maintains Neutral on Citizens & Northern, Raises Price Target to $22

24 Oct 25

Piper Sandler analyst Gregory Zingone maintains Citizens & Northern (NASDAQ:CZNC) with a Neutral and raises the price target from $21 to $22.

Citizens & Northern Q3 Adj. EPS $0.47 Misses $0.51 Estimate, Sales $29.567M Beat $28.500M Estimate

23 Oct 25

Citizens & Northern (NASDAQ:CZNC) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.51 by 7.84 percent. This is a 14.63 percent increase over earnings of $0.41 per share