Markets
CBU

Community Bank System Q3 Profit Tops Estimates - Quick Facts

(RTTNews) - Community Bank System, Inc. (CBU) reported third quarter operating earnings per share of $0.85, up $0.01 from a year ago. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.69, for the quarter. Analysts' estimates typically exclude special items.

Third quarter total revenues were $152.6 million, an increase of 2.9% from last year. Analysts expected revenue of $149.98 million, for the quarter. Net interest income was $93.0 million, up 1.9%. The company recorded $59.7 million in noninterest revenues, an increase of 4.5%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CBU

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More