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Community Financial System (CBU) Interest Expense - Deposits: 2010-2023

Historic Interest Expense - Deposits for Community Financial System (CBU) over the last 14 years, with Dec 2023 value amounting to $31.9 million.

  • Community Financial System's Interest Expense - Deposits rose 437.77% to $31.9 million in Q4 2023 from the same period last year, while for Dec 2023 it was $85.3 million, marking a year-over-year increase of 467.25%. This contributed to the annual value of $159.5 million for FY2024, which is 86.93% up from last year.
  • According to the latest figures from Q4 2023, Community Financial System's Interest Expense - Deposits is $31.9 million, which was up 29.94% from $24.6 million recorded in Q3 2023.
  • In the past 5 years, Community Financial System's Interest Expense - Deposits ranged from a high of $31.9 million in Q4 2023 and a low of $2.6 million during Q1 2022.
  • For the 3-year period, Community Financial System's Interest Expense - Deposits averaged around $9.3 million, with its median value being $3.5 million (2021).
  • Per our database at Business Quant, Community Financial System's Interest Expense - Deposits plummeted by 43.88% in 2021 and then skyrocketed by 604.12% in 2023.
  • Community Financial System's Interest Expense - Deposits (Quarterly) stood at $5.9 million in 2019, then tumbled by 42.91% to $3.4 million in 2020, then dropped by 19.30% to $2.7 million in 2021, then spiked by 117.01% to $5.9 million in 2022, then skyrocketed by 437.77% to $31.9 million in 2023.
  • Its Interest Expense - Deposits stands at $31.9 million for Q4 2023, versus $24.6 million for Q3 2023 and $18.9 million for Q2 2023.