Community Financial System (CBU) Operating Income (2015 - 2023)
Community Financial System's (CBU) quarterly Operating Income came in at -$217.2 million in Q3 2023, down 8.19% year-over-year from -$236.6 million in Q3 2022, and down 3.69% quarter-over-quarter from -$209.5 million in Q2 2023.
Analysis
Community Financial System (CBU) Operating Income (2015 - 2023) Analysis & Trends
Community Financial System has disclosed Operating Income across 9 years of filings, most recently posting -$217.2 million for Q3 2023.
- In Q3 2023, Operating Income fell 8.19% year-over-year to -$217.2 million; the TTM figure through Sep 2023 stood at -$839.6 million (down 7.96% YoY), while the FY2022 annual figure was -$788.8 million, down 8.45% from the prior year.
- Operating Income came in at -$217.2 million for Q3 2023 at Community Financial System, down from -$209.5 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$164.8 million in Q1 2019 to a low of -$217.2 million in Q3 2023.
- Average Operating Income over 5 years is -$186.6 million, with a median of -$181.0 million recorded in 2020.
- Year-over-year, Operating Income rose 1.3% in 2020 and slipped 15.5% in 2022.
- Over 5 years, Operating Income stood at -$178.3 million in 2019, then decreased by 0.12% to -$178.5 million in 2020, then dropped by 5.81% to -$188.9 million in 2021, then retreated by 5.89% to -$200.0 million in 2022, then fell by 8.64% to -$217.2 million in 2023.
- Per Business Quant data, the three most recent Operating Income figures were -$217.2 million in Q3 2023, -$209.5 million in Q2 2023, and -$212.9 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | 40.42 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | -1.52 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | Community Financial System | 3.28 Bn | 3.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -217.24 Mn |
| Jun 30, 2023 | -209.51 Mn |
| Mar 31, 2023 | -212.86 Mn |
| Dec 31, 2022 | -199.97 Mn |
| Sep 30, 2022 | -200.79 Mn |
| Jun 30, 2022 | -202.86 Mn |
| Mar 31, 2022 | -185.17 Mn |
| Dec 31, 2021 | -188.85 Mn |
| Sep 30, 2021 | -187.89 Mn |
| Jun 30, 2021 | -175.63 Mn |
| Mar 31, 2021 | -174.96 Mn |
| Dec 31, 2020 | -178.48 Mn |
| Sep 30, 2020 | -181.02 Mn |
| Jun 30, 2020 | -166.73 Mn |
| Mar 31, 2020 | -175.23 Mn |
| Dec 31, 2019 | -178.28 Mn |
| Sep 30, 2019 | -175.31 Mn |
| Jun 30, 2019 | -168.93 Mn |
| Mar 31, 2019 | -164.78 Mn |
| Dec 31, 2018 | -163.58 Mn |