KPIs & Operating Metrics(New)

Community Financial System (CBU) Research & Development (2016 - 2023)

Community Financial System (CBU) has disclosed Research & Development for 14 consecutive years, with -$27.2 million as the latest value for Q4 2023.

  • Quarterly Research & Development rose 0.69% to -$27.2 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was -$15.1 million through Dec 2023, down 121.14% year-over-year, with the annual reading at $70.2 million for FY2025, 13.45% up from the prior year.
  • Research & Development hit -$27.2 million in Q4 2023 for Community Financial System, down from $4.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $38.6 million in Q4 2020 to a low of -$27.4 million in Q4 2022.
  • Historically, Research & Development has averaged $3.6 million across 5 years, with a median of $2.8 million in 2019.
  • Biggest five-year swings in Research & Development: surged 364.52% in 2020 and later plummeted 1317.04% in 2022.
  • Year by year, Research & Development stood at $10.9 million in 2019, then skyrocketed by 253.03% to $38.6 million in 2020, then tumbled by 94.18% to $2.2 million in 2021, then tumbled by 1317.04% to -$27.4 million in 2022, then increased by 0.69% to -$27.2 million in 2023.
  • Business Quant data shows Research & Development for CBU at -$27.2 million in Q4 2023, $4.6 million in Q3 2023, and $4.6 million in Q2 2023.