Texas Roadhouse earnings missed by $0.05, revenue topped estimates
Director Frank G. Pellegrino of Citizens & Northern Corp (NASDAQ:CZNC) recently purchased 203 shares of common stock. The transaction, which occurred on July 7, 2025, involved a price of $19.9897 per share, totaling $4057.
Following the purchase, Pellegrino directly owns 44,826 shares of Citizens & Northern Corp. The purchase was executed under a pre-arranged written plan that took effect on May 1, 2025.
In other recent news, Citizens & Northern Corporation and Susquehanna Community Financial, Inc. have agreed to a merger, with Susquehanna set to merge into Citizens & Northern. This merger will create an entity with approximately $3.2 billion in assets, enhancing Citizens & Northern’s market presence in Pennsylvania. The merger is anticipated to close in the fourth quarter of 2025, pending regulatory approvals and shareholder consent. Susquehanna shareholders will receive 0.80 shares of Citizens & Northern common stock for each share held, totaling $44.3 million in consideration. The merger is expected to boost Citizens & Northern’s earnings per share by 17% in 2026. Additionally, Citizens & Northern recently held its Annual Meeting of Shareholders, where all director nominees were elected, and executive compensation was approved. The ratification of Crowe LLP as the independent auditor for the fiscal year ending December 31, 2025, was also confirmed with significant shareholder support. These developments are part of Citizens & Northern’s ongoing strategic efforts to expand and strengthen its operations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.