KPIs & Operating Metrics(New)

Community Financial System (CBU) Provisions: 2010-2023

Historic Provisions for Community Financial System (CBU) over the last 14 years, with Dec 2023 value amounting to $4.1 million.

  • Community Financial System's Provisions rose 47.15% to $4.1 million in Q4 2023 from the same period last year, while for Dec 2023 it was $11.2 million, marking a year-over-year decrease of 24.77%. This contributed to the annual value of $22.8 million for FY2024, which is 103.28% up from last year.
  • Latest data reveals that Community Financial System reported Provisions of $4.1 million as of Q4 2023, which was up 41.52% from $2.9 million recorded in Q3 2023.
  • Over the past 5 years, Community Financial System's Provisions peaked at $9.8 million during Q2 2020, and registered a low of -$5.7 million during Q1 2021.
  • For the 3-year period, Community Financial System's Provisions averaged around $1.4 million, with its median value being $2.5 million (2021).
  • As far as peak fluctuations go, Community Financial System's Provisions plummeted by 208.54% in 2020, and later soared by 648.62% in 2022.
  • Quarterly analysis of 5 years shows Community Financial System's Provisions stood at $2.9 million in 2019, then slumped by 208.54% to -$3.1 million in 2020, then spiked by 169.72% to $2.2 million in 2021, then climbed by 28.03% to $2.8 million in 2022, then skyrocketed by 47.15% to $4.1 million in 2023.
  • Its Provisions was $4.1 million in Q4 2023, compared to $2.9 million in Q3 2023 and $752,000 in Q2 2023.