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Community Financial System (CBU) Net Income: 2010-2023

Historic Net Income for Community Financial System (CBU) over the last 14 years, with Dec 2023 value amounting to $33.7 million.

  • Community Financial System's Net Income fell 35.83% to $33.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was $131.9 million, marking a year-over-year decrease of 29.86%. This contributed to the annual value of $182.5 million for FY2024, which is 38.32% up from last year.
  • Community Financial System's Net Income amounted to $33.7 million in Q4 2023, which was down 23.62% from $44.1 million recorded in Q3 2023.
  • Over the past 5 years, Community Financial System's Net Income peaked at $52.9 million during Q1 2021, and registered a low of $5.8 million during Q1 2023.
  • Its 3-year average for Net Income is $42.5 million, with a median of $46.2 million in 2021.
  • Per our database at Business Quant, Community Financial System's Net Income spiked by 36.02% in 2021 and then crashed by 87.68% in 2023.
  • Quarterly analysis of 5 years shows Community Financial System's Net Income stood at $42.9 million in 2019, then increased by 8.40% to $46.5 million in 2020, then decreased by 6.28% to $43.6 million in 2021, then rose by 20.58% to $52.5 million in 2022, then crashed by 35.83% to $33.7 million in 2023.
  • Its Net Income was $33.7 million in Q4 2023, compared to $44.1 million in Q3 2023 and $48.3 million in Q2 2023.