KPIs & Operating Metrics(New)

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

Community Financial System (CBU) has disclosed Tax Rate for 14 consecutive years, with 43.44% as the latest value for Q4 2023.

  • Quarterly Tax Rate fell 4698.0% to 43.44% in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 4.28% through Dec 2023, down 1230.0% year-over-year, with the annual reading at 23.58% for FY2025, 1779.0% up from the prior year.
  • Tax Rate hit 43.44% in Q4 2023 for Community Financial System, down from 21.18% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 23.12% in Q2 2021 to a low of 43.44% in Q4 2023.
  • Historically, Tax Rate has averaged 13.53% across 5 years, with a median of 20.29% in 2020.
  • Biggest five-year swings in Tax Rate: crashed -5311bps in 2020 and later skyrocketed 5904bps in 2021.
  • Year by year, Tax Rate stood at 17.11% in 2019, then tumbled by -310bps to 36.0% in 2020, then soared by 164bps to 23.03% in 2021, then crashed by -85bps to 3.54% in 2022, then crashed by -1326bps to 43.44% in 2023.
  • Business Quant data shows Tax Rate for CBU at 43.44% in Q4 2023, 21.18% in Q3 2023, and 21.44% in Q2 2023.