NASDAQ:CZNC

Citizens & Northern Flat, CZNC Investors Eye Loan Charge
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Citizens & Northern Flat, CZNC Investors Eye Loan Charge

Citizens & Northern Corporation shares edged up 0.1% to $21.12 Wednesday, outperforming regional bank peers as the sector slipped. The company is still digesting a $10.1 million charge-off from a troubled 2022 office loan, which cut Q1 net income to $273,000. C&N reported $2.6 billion in deposits and says it remains well-capitalized. EVP Van Sant filed a Form 3 showing no securities held.
May 27, 2026

Stock Market Today

  • Santos shares hit four-year high as LNG projects drive growth
    May 27, 2026, 4:47 PM EDT. Santos Ltd shares (ASX: STO) climbed to a four-year high, up 28% YTD, driven by strong performance in its Barossa LNG project producing at 75% of 2026 planned rates. Management outlined cost-cutting initiatives aimed at boosting free cash flow margins and confirmed first oil from Alaska's Pikka Phase 1 by May 2026. Rising oil prices above $105/barrel on Middle East tensions have increased Santos' revenue, with Q1 sales reaching $1.27 billion, a 3% rise from the prior quarter. However, shares dropped 5% recently amid profit-taking and oil price declines due to potential US-Iran peace talks, highlighting geopolitical risk as a key factor for investors to monitor.