Citizens & Northern Corporation Financial Ratios — CZNC

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	15.26	12.97	10.27	9.29	8.76	8.44	7.18	11.41	8.83	7.06	10.16	9.67	9.44	9.66	7.59
Return on Assets (%)	1.77	1.74	1.47	1.38	1.34	1.28	1.07	1.71	1.32	0.99	1.34	1.11	0.97	1.01	0.82
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	3.54	3.07	3.43	3.5	3.3	2.84	2.87	2.7	2.41	2.18	2.08	2.25	2.09	2.05	1.96
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	50.34	47.51	41.09	40.32	38.08	37.74	36.08	40.39	32.2	25.55	36.81	30.53	29.56	29.92	23.7
Profit Margin (%)	36.66	34.65	30.84	30.25	28.76	28.18	23.54	33.85	26.83	21.16	29.84	25.12	23.41	24.37	19.39
Net Income to Common Margin (%)	36.66	34.65	30.84	30.25	28.76	28.18	23.54	33.85	26.83	21.16	29.84	25.12	23.41	24.37	19.39
Effective Tax Rate (%)	27.16	27.07	24.95	24.99	24.47	25.33	34.75	16.18	16.68	17.19	18.93	17.72	20.78	18.55	18.21
Dvd Payout Ratio (%)	26.65	39.91	58.71	66.67	68.27	70.5	82.96	53.36	71.99	75.27	52.29	59.6	64.47	59.83	69.55
Sustainable Growth Rate (%)	11.19	7.79	4.24	3.1	2.78	2.49	1.22	5.32	2.47	1.75	4.85	3.9	3.35	3.88	2.31

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	45	16	32	12	60	32	67	43	143	89	76	179	209	205	188
ST Debt	5	- -	20	- -	49	21	58	7	84	18	- -	116	32	- -	27
LT Debt	40	16	12	12	12	11	9	36	59	71	76	63	178	205	161
Total Debt/EBITDA	20.06	7.85	15.61	6.11	31.96	20.42	40.99	24.47	81.71	45.04	35.56	74.81	97.34	93.99	79.5
Net Debt/EBITDA	-6.76	-21.87	-5.93	-12.15	12.86	0.22	16.44	3.09	61.59	-6.38	-13.71	51.77	70.9	36.19	60.01
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	12.64	14.2	14.5	15.17	15.32	14.97	14.76	15.29	14.78	13.39	12.95	10.16	10.43	10.54	10.91
Long-Term Debt/Equity (%)	24.11	8.65	6.87	6.4	6.28	6.16	4.88	18.2	23.98	23.74	25.13	25.11	67.8	74.53	47.07
Long-Term Debt/Capital (%)	18.98	7.96	5.83	6.02	4.75	5.24	3.59	14.95	15.13	18.29	20.09	14.63	37.71	42.7	30.37
Long-Term Debt/Total Assets (%)	3.05	1.23	1	0.97	0.96	0.92	0.72	2.78	3.54	3.18	3.25	2.55	7.07	7.86	5.14
Total Debt/Equity (%)	27.07	8.65	18.02	6.4	32.19	17.45	35.65	21.74	58.47	29.77	25.13	71.68	79.8	74.53	54.97
Total Debt/Capital (%)	21.3	7.96	15.27	6.02	24.35	14.86	26.28	17.86	36.89	22.94	20.09	41.75	44.38	42.7	35.47
Total Debt/Total Assets (%)	3.42	1.23	2.61	0.97	4.93	2.61	5.26	3.32	8.64	3.98	3.25	7.28	8.32	7.86	6
Net Debt to Equity	-9.12	-24.08	-6.84	-12.73	12.95	0.19	14.3	2.75	44.06	-4.21	-9.69	49.6	58.12	28.7	41.5
Net Debt/Capital (%)	-10.03	-31.73	-7.35	-14.59	11.47	0.19	12.51	2.68	30.59	-4.4	-10.73	33.16	36.76	22.3	29.33
EBITDA	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
EBITDA-CapEx	1	- -	1	1	1	- -	- -	1	-1	-1	- -	-1	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	12.64	14.2	14.5	15.17	15.32	14.97	14.76	15.29	14.78	13.39	12.95	10.16	10.43	10.54	10.91
Long-Term Debt/Equity (%)	24.11	8.65	6.87	6.4	6.28	6.16	4.88	18.2	23.98	23.74	25.13	25.11	67.8	74.53	47.07
Long-Term Debt/Capital (%)	18.98	7.96	5.83	6.02	4.75	5.24	3.59	14.95	15.13	18.29	20.09	14.63	37.71	42.7	30.37
Long-Term Debt/Total Assets (%)	3.05	1.23	1	0.97	0.96	0.92	0.72	2.78	3.54	3.18	3.25	2.55	7.07	7.86	5.14
Total Debt/Equity (%)	27.07	8.65	18.02	6.4	32.19	17.45	35.65	21.74	58.47	29.77	25.13	71.68	79.8	74.53	54.97
Total Debt/Capital (%)	21.3	7.96	15.27	6.02	24.35	14.86	26.28	17.86	36.89	22.94	20.09	41.75	44.38	42.7	35.47
Total Debt/Total Assets (%)	3.42	1.23	2.61	0.97	4.93	2.61	5.26	3.32	8.64	3.98	3.25	7.28	8.32	7.86	6
CFO/Total Liabilities	3.24	2.5	2.89	2.11	1.9	1.75	1.78	2.37	1.59	1.28	1.72	1.57	1.49	1.41	1.15
CFO/CapEx	37.54	17.05	38.17	27.82	18.95	11.72	11.42	22.19	7.83	7.9	18.69	10.52	14.81	17.33	16.8
Altman's Z-Score	0.25	0.28	0.31	0.31	0.32	0.35	0.33	0.36	0.32	0.22	0.25	0.23	0.22	0.21	0.2

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	13.06	14.44	14.31	14.03	14.92	14.47	14.25	16.22	16.21	13.67	13.19	13.34	11.59	11.92	11.89
Days Sales Outstanding	27.94	25.28	25.51	26.02	24.46	25.22	25.62	22.5	22.52	26.71	27.68	27.36	31.49	30.63	30.7
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	225	232	256	254	256	317	293	326	387	316	412	355	343	287	359
- Cash & Cash Equivalents	61	60	45	36	36	32	40	37	35	102	105	55	57	126	46
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	45	16	32	12	60	32	67	43	143	89	76	179	209	205	188
Enterprise Value	-272	-285	-239	-287	-140	-77	-36	-32	148	-46	-135	-20	80	155	210
Total Capital	213	199	212	200	248	218	256	240	387	389	377	428	472	480	530
Total Debt/Capital (%)	21.3	7.96	15.27	6.02	24.35	14.86	26.28	17.86	36.89	22.94	20.09	41.75	44.38	42.7	35.47
Total Debt / EV	-0.17	-0.06	-0.14	-0.04	-0.43	-0.42	-1.87	-1.33	0.96	-1.93	-0.56	-9.12	2.62	1.33	0.89
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	2.04	- -	- -	- -	0.77	1.45	1.74
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	84.9	- -	- -	- -	37.11	70.84	88.86
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	6.61	- -	- -	- -	2.38	4.68	6.56
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	5.86	- -	- -	- -	2.23	4.43	6.19
Diluted Market Cap	225	232	255	257	257	318	292	324	376	293	412	353	342	284	322
Diluted Enterprise Value	210	188	243	233	281	318	319	329	484	280	383	477	494	363	464
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	10.83	- -	- -	- -	5.22	10.02	11.78
TTM Sales	64	66	60	56	57	56	57	65	73	91	102	106	103	107	121
TTM EBITDA	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	37	28	31	22	20	19	19	26	22	25	35	35	34	33	32
TTM Free Cash Flow to Firm	38	29	31	23	21	20	21	27	25	28	37	38	36	35	34

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	5.84	7.92	8.14	11.12	12.4	15.82	13.84	11.97	14.86	10.48	11.22	9.33	9.55	8.12	9.49
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-272	-285	-239	-287	-140	-77	-36	-32	148	-46	-135	-20	80	155	210
Low Price	13.1	16.79	18.51	17.94	19.01	19.26	22	22	22.52	14.92	18.98	22.67	16.71	16.5	17.85
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	2.04	- -	- -	- -	0.77	1.45	1.74
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	84.9	- -	- -	- -	37.11	70.84	88.86
Price/Earnings	9.62	10.16	13.7	14.99	15.57	20.11	21.65	14.68	19.26	15.22	13.48	13.27	14.16	10.94	13.73
Price/Earnings Average	8.27	10.3	13.19	14.07	14.86	16.3	21.5	14.16	17.72	15.16	12.55	14.21	12.79	11.13	13.44
Price/Earnings High	9.98	12.09	14.25	15.58	15.94	20.39	24.13	16.11	19.94	22.29	14.44	15.97	15.09	13.48	15.44
Price/Earnings Low	6.82	9.03	12.3	13.01	14.09	14.78	19.84	12.22	15.36	11.44	9.79	13.16	10.55	9.7	12.15
Price/Book Value	1.34	1.27	1.42	1.35	1.36	1.71	1.56	1.65	1.59	1.05	1.37	1.42	1.31	1.04	1.05
Price/Book Value Average	1.15	1.29	1.37	1.27	1.3	1.38	1.54	1.59	1.46	1.05	1.27	1.52	1.18	1.06	1.03
Price/Book Value High	1.39	1.51	1.48	1.4	1.4	1.73	1.73	1.81	1.64	1.54	1.46	1.71	1.39	1.29	1.18
Price/Book Value Low	0.95	1.13	1.28	1.17	1.24	1.25	1.43	1.37	1.26	0.79	0.99	1.41	0.97	0.93	0.93
Price/Tangible Book Value	1.45	1.36	1.53	1.44	1.46	1.82	1.66	1.76	1.8	1.3	1.68	1.83	1.65	1.3	1.35
Price/Tangible Book Value Average	1.24	1.38	1.47	1.35	1.39	1.48	1.65	1.69	1.66	1.29	1.56	1.96	1.49	1.32	1.32
Price/Tangible Book Value High	1.5	1.62	1.59	1.5	1.49	1.85	1.85	1.93	1.87	1.9	1.8	2.2	1.76	1.6	1.51
Price/Tangible Book Value Low	1.03	1.21	1.37	1.25	1.32	1.34	1.52	1.46	1.44	0.98	1.22	1.81	1.23	1.15	1.19
Price/Sales	3.53	3.52	4.23	4.53	4.48	5.67	5.09	4.97	5.17	3.22	4.02	3.33	3.31	2.67	2.66
Price/Sales Average	3.03	3.57	4.07	4.26	4.27	4.59	5.06	4.79	4.75	3.21	3.74	3.57	3	2.71	2.6
Price/Sales High	3.66	4.19	4.39	4.71	4.58	5.75	5.68	5.45	5.35	4.72	4.31	4.01	3.53	3.29	2.99
Price/Sales Low	2.5	3.13	3.79	3.94	4.05	4.17	4.67	4.14	4.12	2.42	2.92	3.31	2.47	2.36	2.36
Price/Cash Flow	6	8.34	8.34	11.49	13.03	17.12	15.01	12.48	16.73	11.8	11.82	10.21	10.19	8.59	10.05
Price/Cash Flow Average	5.16	8.46	8.02	10.79	12.43	13.88	14.91	12.04	15.39	11.76	11	10.93	9.21	8.75	9.84
Price/Cash Flow High	6.22	9.92	8.67	11.95	13.34	17.37	16.73	13.69	17.32	17.28	12.66	12.28	10.86	10.59	11.3
Price/Cash Flow Low	4.26	7.41	7.48	9.98	11.79	12.59	13.76	10.39	13.33	8.87	8.59	10.13	7.59	7.62	8.9
Price/Free Cash Flow Average	5.02	8.03	7.84	10.44	11.83	12.82	13.75	11.54	13.67	10.44	10.45	9.98	8.63	8.27	9.28
Price/Free Cash Flow High	6.06	9.42	8.47	11.56	12.69	16.04	15.43	13.13	15.38	15.35	12.03	11.22	10.17	10.02	10.67
Price/Free Cash Flow Low	4.15	7.04	7.31	9.65	11.22	11.63	12.69	9.97	11.84	7.88	8.15	9.25	7.11	7.21	8.4
EV/Sales Average	2.79	2.92	3.88	3.79	4.69	4.6	5.57	4.91	6.39	3.32	3.46	4.75	4.48	3.48	4.08
EV/Sales High	3.41	3.54	4.2	4.25	5	5.76	6.2	5.58	7	4.95	4.02	5.19	5.02	4.06	4.52
EV/Sales Low	2.26	2.47	3.6	3.48	4.47	4.18	5.18	4.25	5.73	2.47	2.64	4.49	3.96	3.13	3.81
EV/EBITDA Average	78.65	94.98	112.88	108.51	142.14	162.07	194.07	182.07	265.38	152.45	166.19	210.7	215.04	170.02	208.86
EV/EBITDA High	96.34	115.2	122.4	121.47	151.57	202.76	215.79	206.71	290.98	227.04	193.38	230.41	240.85	198.3	231.08
EV/EBITDA Low	63.73	80.51	104.81	99.4	135.51	147.04	180.39	157.61	238.2	113.47	126.72	199.03	189.72	152.84	194.65
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	18.47	18.9	20.63	20.67	21	26.2	24	26.43	28.25	19.84	26.12	22.86	22.43	18.6	20.17
High Price	19.16	22.48	21.45	21.49	21.5	26.57	26.75	28.99	29.25	29.06	27.99	27.5	23.9	22.93	22.68
Enterprise Value Average	178	191	234	214	268	258	318	319	464	302	354	503	463	371	494
Enterprise Value High	218	232	253	240	286	322	354	363	509	450	412	550	518	433	546
Enterprise Value Low	144	162	217	196	256	234	296	276	417	225	270	475	408	334	460

Shares Outstanding	12	12	12	12	12	12	12	12	14	16	16	16	15	15	18
Diluted Weighted Avg Shares	12	12	12	12	12	12	12	12	13	15	16	15	15	15	16
Basic Weighted Avg Shares	12	12	12	12	12	12	12	12	13	15	16	15	15	15	16
Revenue per Share	5.24	5.37	4.88	4.56	4.69	4.62	4.71	5.32	5.47	6.16	6.49	6.86	6.77	6.98	7.58
EBITDA per Share	0.19	0.16	0.17	0.16	0.15	0.13	0.14	0.14	0.13	0.13	0.14	0.15	0.14	0.14	0.15
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	1.92	1.86	1.51	1.38	1.35	1.3	1.11	1.8	1.47	1.3	1.94	1.72	1.58	1.7	1.47
Basic EPS from Cont Ops	1.92	1.86	1.51	1.38	1.35	1.3	1.11	1.8	1.47	1.3	1.94	1.72	1.58	1.7	1.47
Diluted EPS, GAAP	1.92	1.85	1.5	1.38	1.35	1.3	1.11	1.8	1.46	1.3	1.94	1.72	1.58	1.7	1.47
Diluted EPS from Cont Ops	1.92	1.85	1.5	1.38	1.35	1.3	1.11	1.8	1.46	1.3	1.94	1.72	1.58	1.7	1.47
Dividend per Share	0.51	0.74	0.88	0.92	0.92	0.92	0.92	0.96	1.06	0.98	1.01	1.03	1.02	1.02	1.02
Cash Flow per Share	3.08	2.27	2.47	1.8	1.61	1.53	1.6	2.12	1.69	1.68	2.21	2.24	2.2	2.16	2.01
Free Cash Flow per Basic Share	3	2.13	2.41	1.73	1.53	1.4	1.46	2.02	1.47	1.47	2.09	2.03	2.05	2.04	1.89
Cash & Equivalents per Share	44.61	43.38	42.56	45.02	37.47	35.27	32.44	32.53	27.84	28.36	39.51	35.64	30.9	21.87	18.93
Book Value per Share	13.77	14.89	14.49	15.34	15.39	15.36	15.43	16.02	17.82	18.84	19.13	16.07	17.15	17.84	19.17
Tangible Book Value per Share	12.77	13.91	13.51	14.36	14.41	14.37	14.45	15.05	15.66	15.3	15.58	12.5	13.56	14.3	14.97

Citizens & Northern Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)