Company Profile
- Founded in 1864, Citizens & Northern Corporation (NASDAQ: CZNC) (“Citizens” or “the company”) is a $2.6 billion-asset holding company headquartered in Wellsboro, Pennsylvania, which conducts operations through its banking subsidiary, Citizens & Northern Bank (“the bank”). The company operates with 29 branches that are predominantly located in North Central and Southeast Pennsylvania.
- Complementing the company’s retail and commercial banking products, Citizens offers insurance and wealth management products through its subsidiaries. The trust department offers a wide range of services including 401(k) plans, retirement planning, estate planning, and asset management with total AUM of $1.3 billion at 4Q24.
- The company’s growth strategy has largely been organic and relationship centered, though supplemented by M&A to help bolster scale across Pennsylvania.
- While maintaining its residential mortgage orientation (32% of total…