Community Financial System (CBU) Rent Expense (2016 - 2023)
Community Financial System (CBU) has disclosed Rent Expense for 14 consecutive years, with $10.7 million as the latest value for Q4 2023.
- Quarterly Rent Expense changed 0.39% to $10.7 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $42.6 million through Dec 2023, changed 0.32% year-over-year, with the annual reading at $48.2 million for FY2025, 10.52% up from the prior year.
- Rent Expense hit $10.7 million in Q4 2023 for Community Financial System, up from $10.4 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $11.3 million in Q1 2021 to a low of $9.6 million in Q2 2019.
- Historically, Rent Expense has averaged $10.3 million across 5 years, with a median of $10.3 million in 2019.
- Biggest YoY gain for Rent Expense was 8.87% in 2022; the steepest drop was 3.08% in 2022.
- Year by year, Rent Expense stood at $10.1 million in 2019, then fell by 0.36% to $10.1 million in 2020, then fell by 2.99% to $9.8 million in 2021, then increased by 8.87% to $10.7 million in 2022, then increased by 0.39% to $10.7 million in 2023.
- Business Quant data shows Rent Expense for CBU at $10.7 million in Q4 2023, $10.4 million in Q3 2023, and $10.5 million in Q2 2023.