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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 21.58%, marking a year-over-year decrease of 1500.0%. This contributed to the annual value of 22.91% for FY2024, which is 13300.0% up from last year.
  • Community Financial System's Tax Rate amounted to 23.04% in 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
  • For the 5-year period, Community Financial System's Tax Rate averaged around 20.62%, with its median value being 21.07% (2019).
  • In the last 5 years, Community Financial System's Tax Rate tumbled by -45100bps in 2019 and then soared by 37400bps in 2020.
  • Over the past 5 years, Community Financial System's Tax Rate (Quarter) stood at 17.11% in 2019, then increased by 22bps to 20.85% in 2020, then increased by 10bps to 23.03% in 2021, then dropped by -5bps to 21.96% in 2022, then grew 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.