Citizens & Northern (CZNC) vs Waterstone Financial (WSBF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Waterstone Financial (WSBF) has outperformed Citizens & Northern (CZNC) over the past year, gaining 30.2% versus a gain of 29.4%. Over five years, CZNC leads with a -3.4% price change compared with -4.1% for WSBF. Citizens & Northern is the larger company by market cap ($453.2 million vs $352.0 million), about 1.3 times the size.
On valuation, Citizens & Northern trades at a lower forward P/E (9.2x vs 19.4x for Waterstone Financial). Citizens & Northern offers the higher dividend yield (4.43% vs 3.27%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CZNC | WSBF |
|---|---|---|
| Share price | $25.27 | $19.58 |
| Market cap | $453.21M | $351.99M |
| 1-day change | +0.28% | +0.62% |
| YTD return | +25.29% | +18.31% |
| 1-year return | +29.39% | +30.19% |
| 5-year return | -3.40% | -4.07% |
| P/E ratio (TTM) | 17.19 | 11.32 |
| Forward P/E | 9.19 | 19.39 |
| EPS (TTM) | $1.47 | $1.73 |
| Dividend yield | 4.43% | 3.27% |
| Annual dividend | $1.12 | $0.64 |
| 52-week high | $26.37 | $21.66 |
| 52-week low | $18.87 | $14.52 |
| Distance from 52-week high | -4.17% | -9.60% |
| Analyst consensus | none | — |
| Avg. price target upside | +6.85% | — |
| Average volume | 63.12K | 75.76K |
| Shares outstanding | 17.93M | 17.98M |
| Employees | 460 | 593 |
| Sector | Financial Services | Financial Services |
| Industry | Banks - Regional | Banks - Regional |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Citizens & Northern trades at a higher earnings multiple (17.2x vs 11.3x trailing P/E).
- Citizens & Northern offers a meaningfully higher dividend yield (4.43% vs 3.27%).
About Citizens & Northern
CZNC stock →Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers. The company's deposit products include various types of checking accounts, passbook and statement savings, money market accounts, interest checking accounts, and individual retirement accounts, as well as certificates of deposit; debit cards; lending products, such as commercial, mortgage, and consumer loans; and commercial letters-of-credit and lines of credit.
Financial Services · Banks - Regional · 460 employees
About Waterstone Financial
WSBF stock →Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States.
Financial Services · Banks - Regional · 593 employees
CZNC vs WSBF FAQ
Which is bigger, Citizens & Northern or Waterstone Financial?
Citizens & Northern (CZNC) is larger, with a market capitalization of $453.21M compared with $351.99M for Waterstone Financial (WSBF).
Which stock has performed better over the past year, CZNC or WSBF?
WSBF returned +30.19% over the past 12 months, compared with +29.39% for CZNC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CZNC or WSBF?
WSBF has the lower trailing P/E at 11.3, versus 17.2 for CZNC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Citizens & Northern or Waterstone Financial?
Citizens & Northern has the higher yield at 4.43%, compared with 3.27% for Waterstone Financial.
Are Citizens & Northern and Waterstone Financial in the same industry?
Yes. Both are classified in the Banks - Regional industry within the Financial Services sector.