NYSE$CBU
Community Bank System Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Community Financial System, Inc. reported a net income of $43.9 million for the third quarter of 2024.
Community Financial System, Inc. reported a net income of $43.9 million, or $0.83 per fully diluted share, for the third quarter of 2024. Non-GAAP operating net income was $46.6 million, or $0.88 per fully diluted share.
- Net income for Q3 2024 was $43.9 million, or $0.83 per fully diluted share.
- Non-GAAP operating net income for Q3 2024 was $46.6 million, or $0.88 per fully diluted share.
- The $0.01 increase in earnings per share was driven by increases in noninterest revenues and net interest income and a decrease in the number of fully diluted shares outstanding, partially offset by increases in noninterest expenses, the provision for credit losses and income taxes.
- The company's financial position and liquidity profile remain strong, demonstrating the effectiveness of its strategic asset and liability management and prudent financial planning.
Headline financials
Revenue & EPS history
Community Bank · Revenue · Quarterly
$189M
Revenue by segment
Community Bank · $49.1M total across 3 segments · Q1 2023
- Employee Benefit$29.4M-0.7%59.9%
- Insurance Services$11.5M+10.6%23.4%
- Wealth Management$8.2M—16.7%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.2%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+2.7%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+5.8%
Q3 2015
Best reaction
-9.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.0% | -4.1% | -1.1% | |
| Q4 2025 | -0.6% | +1.2% | +2.0% | |
| Q3 2025 | -0.1% | +2.4% | -2.1% | |
| Q1 2025 | -2.1% | +2.2% | +1.9% | |
| Q4 2024 | +2.5% | +3.8% | +1.1% | |
| Q3 2024 | -1.2% | -4.0% | +17.1% | |
| Q2 2024 | +1.3% | +5.8% | -0.8% | |
| Q1 2024 | +2.0% | +0.4% | +4.4% | |
| Q4 2023 | -4.5% | +1.1% | +7.2% | |
| Q3 2023 | -4.8% | -2.7% | +13.0% | |
| Q2 2023 | +4.9% | +2.4% | -11.4% | |
| Q1 2023 | -1.5% | +5.8% | +3.1% | |
| Q4 2022 | -9.5% | -8.2% | -1.1% | |
| Q3 2022 | -1.4% | +1.7% | +6.2% | |
| Q2 2022 | +1.0% | +2.9% | +3.0% | |
| Q1 2022 | -1.2% | -5.1% | -4.7% | |
| Q4 2021 | +4.2% | +0.4% | +1.1% | |
| Q3 2021 | -1.7% | -2.6% | +1.7% | |
| Q2 2021 | +0.2% | -0.2% | +2.9% | |
| Q1 2021 | -0.5% | -1.2% | +1.7% | |
| Q4 2020 | -4.5% | -8.1% | +4.4% | |
| Q3 2020 | -1.4% | -1.6% | +11.6% | |
| Q2 2020 | -3.0% | -5.0% | +1.4% | |
| Q1 2020 | -3.3% | -2.8% | -8.6% | |
| Q4 2019 | -0.1% | -2.7% | -2.5% | |
| Q3 2019 | +4.3% | +5.7% | +5.0% | |
| Q2 2019 | +0.6% | +1.9% | -4.5% | |
| Q1 2019 | +4.0% | +5.0% | +3.6% | |
| Q4 2018 | -5.0% | -3.8% | +2.1% | |
| Q3 2018 | -1.9% | -2.9% | +8.4% | |
| Q2 2018 | +2.9% | +2.3% | +5.9% | |
| Q1 2018 | +5.1% | +4.9% | +10.4% | |
| Q4 2017 | +0.7% | -2.9% | -1.3% | |
| Q3 2017 | -3.6% | -2.1% | -4.2% | |
| Q2 2017 | +2.4% | +2.6% | -4.6% | |
| Q1 2017 | +5.8% | +2.8% | +0.9% | |
| Q4 2016 | +3.6% | +4.4% | +5.3% | |
| Q3 2016 | -1.1% | -2.5% | +19.0% | |
| Q2 2016 | +2.0% | +1.9% | +7.0% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | -3.0% | — | — | |
| Q3 2015 | +5.8% | — | — | |
| Q2 2015 | +1.3% | — | — | |
| Q1 2015 | +1.5% | — | — | |
| Q4 2014 | +2.5% | — | — | |
| Q3 2014 | +3.1% | — | — | |
| Q2 2014 | +1.6% | — | — | |
| Q1 2014 | +1.0% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2013 | +0.6% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2012 | +2.1% | — | — | |
| Q4 2009 | +1.4% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q4 2010 | +1.4% | — | — | |
| Q3 2011 | -4.0% | — | — | |
| Q3 2010 | -4.0% | — | — | |
| Q2 2010 | -4.0% | — | — | |
| Q2 2011 | +1.4% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q1 2010 | +5.0% | — | — |
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