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Community Financial System (CBU) Tax Rate (2016 - 2023)

Historic Tax Rate for Community Financial System (CBU) over the last 14 years, with Q4 2023 value amounting to 23.04%.

  • Community Financial System's Tax Rate rose 10800.0% to 23.04% in Q4 2023 from the same period last year, while for Dec 2023 it was 27.93%, marking a year-over-year increase of 58100.0%. This contributed to the annual value of 22.91% for FY2024, which is 13300.0% up from last year.
  • Per Community Financial System's latest filing, its Tax Rate stood at 23.04% for Q4 2023, which was up 10800.0% from 21.18% recorded in Q3 2023.
  • In the past 5 years, Community Financial System's Tax Rate ranged from a high of 23.12% in Q2 2021 and a low of 16.85% during Q1 2023
  • Over the past 5 years, Community Financial System's median Tax Rate value was 21.07% (recorded in 2019), while the average stood at 20.62%.
  • In the last 5 years, Community Financial System's Tax Rate plummeted by -45100bps in 2019 and then surged by 37400bps in 2020.
  • Community Financial System's Tax Rate (Quarter) stood at 17.11% in 2019, then grew by 22bps to 20.85% in 2020, then grew by 10bps to 23.03% in 2021, then fell by -5bps to 21.96% in 2022, then rose by 5bps to 23.04% in 2023.
  • Its last three reported values are 23.04% in Q4 2023, 21.18% for Q3 2023, and 21.44% during Q2 2023.