Community Financial System (CBU) Service Charges (2016 - 2023)
Community Financial System (CBU) has disclosed Service Charges for 14 consecutive years, with $14.1 million as the latest value for Q4 2023.
- Quarterly Service Charges fell 17.67% to $14.1 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $60.9 million through Dec 2023, down 8.87% year-over-year, with the annual reading at $59.4 million for FY2025, 1.87% up from the prior year.
- Service Charges hit $14.1 million in Q4 2023 for Community Financial System, down from $16.0 million in the prior quarter.
- In the past five years, Service Charges ranged from a high of $17.5 million in Q3 2022 to a low of $12.2 million in Q2 2020.
- Historically, Service Charges has averaged $15.5 million across 5 years, with a median of $15.8 million in 2019.
- Biggest five-year swings in Service Charges: decreased 23.86% in 2020 and later grew 16.89% in 2021.
- Year by year, Service Charges stood at $16.8 million in 2019, then dropped by 12.92% to $14.6 million in 2020, then increased by 5.5% to $15.5 million in 2021, then grew by 10.68% to $17.1 million in 2022, then fell by 17.67% to $14.1 million in 2023.
- Business Quant data shows Service Charges for CBU at $14.1 million in Q4 2023, $16.0 million in Q3 2023, and $15.7 million in Q2 2023.