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Community Financial System (CBU) Tax Provisions: 2010-2023

Historic Tax Provisions for Community Financial System (CBU) over the last 14 years, with Dec 2023 value amounting to $10.1 million.

  • Community Financial System's Tax Provisions fell 31.73% to $10.1 million in Q4 2023 from the same period last year, while for Dec 2023 it was $36.3 million, marking a year-over-year decrease of 30.49%. This contributed to the annual value of $54.2 million for FY2024, which is 49.35% up from last year.
  • Latest data reveals that Community Financial System reported Tax Provisions of $10.1 million as of Q4 2023, which was down 14.94% from $11.9 million recorded in Q3 2023.
  • Over the past 5 years, Community Financial System's Tax Provisions peaked at $14.8 million during Q4 2022, and registered a low of $1.2 million during Q1 2023.
  • Its 3-year average for Tax Provisions is $11.7 million, with a median of $12.4 million in 2021.
  • Its Tax Provisions has fluctuated over the past 5 years, first soared by 60.82% in 2021, then crashed by 90.80% in 2023.
  • Community Financial System's Tax Provisions (Quarterly) stood at $8.9 million in 2019, then skyrocketed by 38.34% to $12.2 million in 2020, then grew by 6.46% to $13.0 million in 2021, then grew by 13.35% to $14.8 million in 2022, then tumbled by 31.73% to $10.1 million in 2023.
  • Its Tax Provisions stands at $10.1 million for Q4 2023, versus $11.9 million for Q3 2023 and $13.2 million for Q2 2023.