Citizens Tax Provision from 2010 to 2026

CIA Stock  USD 6.00  0.02  0.33%   
Citizens' Tax Provision is decreasing over the years with stable fluctuation. Tax Provision is expected to dwindle to about 58.1 K. Tax Provision is the amount set aside by Citizens to cover any estimated taxes for the current period. It reflects Citizens' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-03-31
Previous Quarter
455 K
Current Value
2.1 M
Quarterly Volatility
9.3 M
 
Covid
 
Interest Hikes
Check Citizens financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens' main balance sheet or income statement drivers, such as Interest Expense of 1 M, Total Revenue of 150.8 M or Gross Profit of 147 M, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 2.0E-4 or PTB Ratio of 1.16. Citizens financial statements analysis is a perfect complement when working with Citizens Valuation or Volatility modules.
  
Build AI portfolio with Citizens Stock
Check out the analysis of Citizens Correlation against competitors.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.
Analyzing Citizens's Tax Provision over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Tax Provision has evolved provides context for assessing Citizens's current valuation and future prospects.

Latest Citizens' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Citizens over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Citizens' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citizens' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Citizens Tax Provision Regression Statistics

Arithmetic Mean2,166,196
Coefficient Of Variation669.58
Mean Deviation6,992,733
Median3,514,000
Standard Deviation14,504,429
Sample Variance210.4T
Range78.6M
R-Value(0.24)
Mean Square Error211.2T
R-Squared0.06
Significance0.35
Slope(696,241)
Total Sum of Squares3366.1T

Citizens Tax Provision History

202658.1 K
202561.2 K
202468 K
20231.7 M
2022-429 K
2021-43.5 M
2020-1.3 M

About Citizens Financial Statements

Citizens stakeholders use historical fundamental indicators, such as Citizens' Tax Provision, to determine how well the company is positioned to perform in the future. Although Citizens investors may analyze each financial statement separately, they are all interrelated. For example, changes in Citizens' assets and liabilities are reflected in the revenues and expenses on Citizens' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Citizens. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision61.2 K58.1 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Citizens offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citizens Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Stock:
Check out the analysis of Citizens Correlation against competitors.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citizens. Projected growth potential of Citizens fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Citizens assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.20)
Earnings Share
0.21
Revenue Per Share
4.936
Quarterly Revenue Growth
0.017
Return On Assets
0.0048
Citizens's market price often diverges from its book value, the accounting figure shown on Citizens's balance sheet. Smart investors calculate Citizens' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Citizens' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Citizens' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Citizens should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.