Demonstrações financeiras detalhadas de Citizens Financial Services, Inc. (CZFS): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Citizens Financial Services, Inc. registou receitas de $173.2M no último exercício, com um CAGR de 5 anos de 16.2%. O lucro líquido atingiu $36.6M, com CAGR de 5 anos de 7.8%.
Margens dos últimos 12 meses: margem bruta 65.9%, margem operacional 28.6%, margem líquida 23.3%. O fluxo de caixa livre cresceu a CAGR de 26.5% em 5 anos.
Ao preço atual de $81.33, CZFS negocia a um P/L de 9.41 e um ROE de 12.05%. A capitalização de mercado é de $391M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $50.9M | $56.7M | $64.5M | $70.4M | $81.7M | $85.5M | $93.1M | $138.7M | $168.6M | $173.2M |
| Custo da Receita | $6.6M | $8.4M | $11.5M | $13.7M | $10.5M | $8.7M | $12.9M | $52.4M | $70.4M | $63.5M |
| Lucro Bruto | $44.3M | $48.4M | $53.0M | $56.7M | $71.2M | $76.9M | $80.2M | $86.3M | $98.2M | $109.7M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $17.1M | $18.0M | $19.5M | $20.5M | $24.7M | $26.4M | $28.5M | $36.5M | $41.3M | $45.9M |
| Despesas Operacionais | $28.7M | $29.3M | $31.6M | $33.3M | $40.8M | $41.5M | $44.7M | $64.8M | $64.5M | $64.6M |
| Lucro Operacional | $15.7M | $19.1M | $21.4M | $23.3M | $30.4M | $35.3M | $35.5M | $21.5M | $33.7M | $45.1M |
| EBITDA | $16.0M | $19.3M | $21.8M | $24.4M | $31.5M | $36.4M | $36.5M | $23.0M | $35.5M | $45.1M |
| Despesas com Juros | $5.0M | $5.8M | $9.6M | $12.0M | $8.1M | $7.1M | $11.2M | $46.9M | $67.9M | $61.2M |
| Lucro Antes de Impostos | $15.7M | $19.1M | $21.4M | $23.3M | $30.4M | $35.3M | $35.5M | $21.5M | $33.7M | $45.1M |
| Imposto | $3.0M | $6.0M | $3.4M | $3.8M | $5.3M | $6.2M | $6.4M | $3.7M | $5.9M | $8.5M |
| Lucro Líquido | $12.6M | $13.0M | $18.0M | $19.5M | $25.1M | $29.1M | $29.1M | $17.8M | $27.8M | $36.6M |
| LPA | $3.36 | $3.49 | $4.84 | $5.27 | $6.27 | $7.09 | $7.10 | $3.98 | $5.80 | $7.62 |
| LPA Diluído | $3.36 | $3.49 | $4.84 | $5.26 | $6.27 | $7.09 | $7.10 | $3.98 | $5.79 | $7.62 |
| Ações em Circulação (Diluídas) | $3.8M | $3.7M | $3.7M | $3.7M | $4.0M | $4.1M | $4.0M | $4.4M | $4.8M | $4.8M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $44.1M | $44.5M | $43.8M | $43.5M |
| Lucro Bruto | $28.5M | $29.0M | $29.1M | $29.2M |
| Lucro Operacional | $12.4M | $12.9M | $12.7M | $12.3M |
| EBITDA | $11.4M | $13.6M | $13.2M | $12.8M |
| Lucro Líquido | $10.0M | $10.5M | $10.4M | $10.2M |
| LPA | $2.09 | $2.19 | $2.16 | $2.13 |
| LPA Diluído | $2.09 | $2.18 | $2.16 | $2.12 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $24.7M | $28.8M | $32.3M | $32.8M | $82.5M | $183.9M | $32.3M | $56.9M | $46.0M | $38.1M |
| Investimentos de Curto Prazo | $314.0M | $254.8M | $241.0M | $240.7M | $295.2M | $412.4M | $439.5M | $417.6M | $47.1M | $36.1M |
| Contas a Receber | $11.8M | $4.2M | $4.5M | $4.6M | $6.0M | $5.2M | $7.3M | $11.0M | $10.3M | $10.7M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $350.6M | $287.8M | $277.8M | $278.0M | $383.7M | $601.5M | $479.1M | $485.5M | $103.4M | $84.9M |
| Imobilizado | $17.0M | $16.5M | $16.3M | $15.9M | $16.9M | $17.0M | $17.6M | $21.4M | $21.4M | $21.0M |
| Ágio | $21.1M | $23.3M | $23.3M | $23.3M | $31.4M | $31.4M | $31.4M | $85.8M | $85.8M | $85.8M |
| Ativos Intangíveis | $2.1M | $2.0M | $1.6M | $1.3M | $1.7M | $1.6M | $1.3M | $3.6M | $2.9M | $2.2M |
| Ativos Totais | $1.22B | $1.36B | $1.43B | $1.47B | $1.89B | $2.14B | $2.33B | $2.98B | $3.03B | $3.06B |
| Contas a Pagar | $720000 | $897000 | $1.1M | $1.1M | $1.0M | $711000 | $1.2M | $4.3M | $4.7M | $3.1M |
| Dívida de Curto Prazo | 0 | 0 | 0 | 0 | $62.3M | 0 | 0 | $30.6M | $24.9M | $15.5M |
| Passivos Circulantes | $1.01B | $1.11B | $1.19B | $1.21B | $1.59B | $1.84B | $1.85B | $2.36B | $2.41B | $2.40B |
| Dívida de Longo Prazo | $79.7M | $114.7M | $91.2M | $85.1M | $88.8M | $74.0M | $257.3M | $271.4M | $272.8M | $294.0M |
| Passivos Totais | $1.10B | $1.23B | $1.29B | $1.31B | $1.70B | $1.93B | $2.13B | $2.70B | $2.73B | $2.73B |
| Reservas | $91.3M | $90.0M | $99.7M | $110.8M | $126.6M | $146.0M | $164.9M | $173.0M | $189.4M | $213.6M |
| Patrimônio Líquido | $123.3M | $129.0M | $139.2M | $154.8M | $194.3M | $212.5M | $200.1M | $279.7M | $299.7M | $338.1M |
| Dívida Total | $79.7M | $114.7M | $91.2M | $85.1M | $88.8M | $74.0M | $257.3M | $302.0M | $297.7M | $309.4M |
| Dívida Líquida | -$259.1M | -$168.9M | -$182.1M | -$188.4M | -$288.8M | -$522.3M | -$214.5M | -$172.5M | $204.6M | $235.3M |
| Capital de Giro | -$655.6M | -$818.1M | -$908.5M | -$934.2M | -$1.21B | -$1.24B | -$1.37B | -$1.87B | -$2.31B | -$2.31B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $34.9M | $38.1M | $36.9M | $39.4M |
| Ativos Totais | $3.06B | $3.06B | $3.03B | $3.19B |
| Passivos Totais | $2.73B | $2.73B | $2.68B | $2.84B |
| Patrimônio Líquido | $327.7M | $338.1M | $343.6M | $352.8M |
| Dívida Total | $279.6M | $309.4M | $198.7M | $394.0M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $12.6M | $13.0M | $18.0M | $19.5M | $25.1M | $29.1M | $29.1M | $17.8M | $27.8M | $36.6M |
| Depreciação e Amortização | $320000 | $200000 | $387000 | $1.0M | $1.1M | $1.1M | $1.0M | $1.5M | $1.8M | $2.1M |
| Compensação em Ações | $284000 | $278000 | $308000 | $369000 | $473000 | $614000 | $336000 | $309000 | $412000 | $625000 |
| Variação Capital de Giro | $108000 | $113000 | -$77000 | -$91000 | -$1.1M | $458000 | -$1.6M | $696000 | $1.1M | -$2.0M |
| Fluxo de Caixa Operacional | $16.2M | $15.7M | $21.5M | $21.8M | $11.8M | $38.7M | $33.2M | $26.5M | $33.2M | $36.5M |
| CapEx | -$587000 | -$208000 | -$500000 | -$483000 | -$942000 | -$1.1M | -$1.6M | -$2.6M | -$1.3M | -$1.3M |
| Aquisições | 0 | -$4.4M | 0 | 0 | $1.0M | 0 | -$1.1M | $3.4M | $7.2M | 0 |
| Recompra de Ações | -$3.2M | -$979000 | -$1.5M | -$1.3M | -$2.1M | -$1.4M | -$1.3M | -$265000 | -$266000 | -$545000 |
| Dividendos Pagos | -$5.1M | -$5.2M | -$6.1M | -$6.3M | -$6.5M | -$7.4M | -$7.6M | -$8.5M | -$9.3M | -$9.5M |
| Fluxo de Caixa Livre | $15.6M | $15.5M | $21.0M | $21.3M | $10.9M | $37.6M | $31.6M | $23.9M | $31.9M | $35.2M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $2.9M | $16.7M | $18.0M | -$89000 |
| CapEx | $1.1M | -$71000 | -$125000 | -$287000 |
| Fluxo de Caixa Livre | $4.0M | $16.7M | $17.9M | -$376000 |
| Dividendos Pagos | -$2.4M | -$2.4M | -$2.4M | -$2.5M |
| Compensação em Ações | 0 | 0 | 0 | $129000 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +11.5% | +13.6% | +9.1% | +16.1% | +4.7% | +8.9% | +49.0% | +21.5% | +2.7% |
| Crescimento Lucro Líquido (anual) | | +3.1% | +38.5% | +8.1% | +28.8% | +16.0% | -0.2% | -38.7% | +56.2% | +31.5% |
| Crescimento LPA (anual) | | +3.9% | +38.7% | +8.9% | +19.0% | +13.1% | +0.1% | -43.9% | +45.7% | +31.4% |
| Variação de Ações (anual) | | -0.7% | -0.3% | -0.5% | +7.0% | +2.6% | -0.4% | +9.3% | +7.4% | +0.9% |
| Crescimento FCF (anual) | | -0.5% | +35.1% | +1.4% | -48.9% | +245.5% | -15.9% | -24.3% | +33.2% | +10.6% |
| Margem Bruta | 87.1% | 85.2% | 82.2% | 80.5% | 87.1% | 89.9% | 86.1% | 62.2% | 58.2% | 63.3% |
| Margem Operacional | 30.8% | 33.6% | 33.2% | 33.1% | 37.2% | 41.3% | 38.1% | 15.5% | 20.0% | 26.0% |
| Margem EBITDA | 31.4% | 33.9% | 33.8% | 34.6% | 38.6% | 42.6% | 39.2% | 16.6% | 21.0% | 26.0% |
| Margem Líquida | 24.8% | 23.0% | 28.0% | 27.7% | 30.7% | 34.0% | 31.2% | 12.8% | 16.5% | 21.1% |
| Margem FCF | 30.7% | 27.4% | 32.5% | 30.2% | 13.3% | 44.0% | 34.0% | 17.2% | 18.9% | 20.3% |
| Taxa Efetiva de Imposto | 19.4% | 31.6% | 15.9% | 16.4% | 17.3% | 17.6% | 18.1% | 17.2% | 17.4% | 18.9% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $4.15 | $4.16 | $5.64 | $5.75 | $2.75 | $9.25 | $7.81 | $5.40 | $6.70 | $7.34 |
| Dividendo por Ação | $1.35 | $1.39 | $1.64 | $1.71 | $1.65 | $1.82 | $1.87 | $1.92 | $1.96 | $1.99 |
| Ações em Circulação (Básicas) | $3.8M | $3.7M | $3.7M | $3.7M | $4.0M | $4.1M | $4.0M | $4.4M | $4.8M | $4.8M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 12.05% |
| Retorno sobre capital investido | 1.29% |
| Retorno sobre ativos | 1.29% |
| Margem bruta | 65.87% |
| Margem operacional | 28.62% |
| Margem líquida | 23.34% |
Saúde financeira
| Dívida / Patrimônio | 1.12 |
| Liquidez corrente | 12.29 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 13.87 | 16.67 | 10.70 | 10.99 | 8.50 | 8.23 | 10.49 | 15.94 | 10.81 | 7.48 |
| P/VP | 1.42 | 1.68 | 1.38 | 1.39 | 1.09 | 1.12 | 1.51 | 1.00 | 0.99 | 0.81 |
| P/V | 3.44 | 3.83 | 2.99 | 3.05 | 2.58 | 2.77 | 3.24 | 2.02 | 1.77 | 1.58 |
| Margem Bruta | 87.1% | 85.2% | 82.2% | 80.5% | 87.1% | 89.9% | 86.1% | 62.2% | 58.2% | 63.3% |
| Margem Operacional | 30.8% | 33.6% | 33.2% | 33.1% | 37.2% | 41.3% | 38.1% | 15.5% | 20.0% | 26.0% |
| Margem Líquida | 24.8% | 23.0% | 28.0% | 27.7% | 30.7% | 34.0% | 31.2% | 12.8% | 16.5% | 21.1% |