Community Financial System Inc - Understand $cbu stock

$CBU Market Cap: $3.602 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$473.6M

TTM

Gross Margin

Net Earnings

$166.3M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$16.40B

Q3 2024

Total Liabilities

$14.62B

Q3 2024

Book Value

$1.785B

Q3 2024

Cash

$346.1M

Q3 2024

P/E

21.66

Nov 13, 2024 EST

Free Cash Flow

$151.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$541.4M	$443.7M	$387.4M	$389.3M	$385.7M	$362.7M	$329.5M
YoY Change	22.01%	14.53%	-0.48%	0.92%	6.34%	10.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$541.4M	$443.7M	$387.4M	$389.3M	$385.7M	$362.7M	$329.5M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$57.59M	$54.10M	$51.00M	$45.76M	$41.41M	$39.09M	$37.58M
YoY Change	6.44%	6.07%	11.47%	10.5%	5.92%	4.03%
% of Gross Profit
Depreciation & Amortization	$12.99M	$14.41M	$15.59M	$15.96M	$15.89M	$15.75M	$16.02M	$20.40M	$17.20M	$17.80M	$17.20M	$16.80M	$16.60M	$16.90M	$19.20M	$17.10M	$16.40M	$14.60M	$15.70M	$15.40M	$12.20M	$12.60M	$11.70M	$9.200M	$8.800M	$7.400M	$5.800M	$4.600M	$3.200M	$1.800M	$1.700M	$2.100M	$2.400M	$2.500M	$2.000M	$2.200M	$1.900M	$1.600M
YoY Change	-9.85%	-7.57%	-2.32%	0.45%	0.9%	-1.72%	-21.45%	18.6%	-3.37%	3.49%	2.38%	1.2%	-1.78%	-11.98%	12.28%	4.27%	12.33%	-7.01%	1.95%	26.23%	-3.17%	7.69%	27.17%	4.55%	18.92%	27.59%	26.09%	43.75%	77.78%	5.88%	-19.05%	-12.5%	-4.0%	25.0%	-9.09%	15.79%	18.75%
% of Gross Profit
Operating Expenses	$57.59M	$54.10M	$51.00M	$45.76M	$41.41M	$39.09M	$37.58M
YoY Change	6.44%	6.07%	11.47%	10.5%	5.92%	4.03%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$104.1M	$23.10M	$13.01M	$20.88M	$26.55M	$17.68M	$13.78M
YoY Change	350.68%	77.58%	-37.69%	-21.38%	50.2%	28.29%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$168.2M	$240.3M	$241.3M	$206.1M	$209.3M	$213.0M	$160.0M	$154.6M	$132.2M	$129.7M	$111.0M	$108.8M	$103.5M	$86.40M	$53.10M	$56.70M	$45.20M	$50.30M	$68.50M	$66.80M	$53.20M	$52.40M	$26.90M	$34.90M	$33.10M	$24.40M	$24.40M	$23.80M	$18.90M	$16.40M	$15.30M	$10.60M	$5.000M	$2.900M	$5.900M	$5.200M	$6.100M	$5.500M	$3.600M	$2.600M	$3.800M
YoY Change	-30.0%	-0.43%	17.12%	-1.56%	-1.71%	33.15%	3.47%	16.94%	1.93%	16.85%	2.02%	5.12%	19.79%	62.71%	-6.35%	25.44%	-10.14%	-26.57%	2.54%	25.56%	1.53%	94.8%	-22.92%	5.44%	35.66%	0.0%	2.52%	25.93%	15.24%	7.19%	44.34%	112.0%	72.41%	-50.85%	13.46%	-14.75%	10.91%	52.78%	38.46%	-31.58%
Income Tax	$36.31M	$52.23M	$51.65M	$41.40M	$40.28M	$44.35M	$9.248M	$50.80M	$41.00M	$38.30M	$32.20M	$31.70M	$30.40M	$23.10M	$11.60M	$10.70M	$2.300M	$11.90M	$17.70M	$16.60M	$12.80M	$13.90M	$7.800M	$10.00M	$9.400M	$8.900M	$8.800M	$9.700M	$7.400M	$6.300M	$5.800M	$3.100M	$1.300M	$800.0K	$1.300M	$1.200M	$1.400M	$1.100M	$300.0K	$100.0K	$500.0K
% Of Pretax Income	21.58%	21.74%	21.4%	20.09%	19.24%	20.82%	5.78%	32.86%	31.01%	29.53%	29.01%	29.14%	29.37%	26.74%	21.85%	18.87%	5.09%	23.66%	25.84%	24.85%	24.06%	26.53%	29.0%	28.65%	28.4%	36.48%	36.07%	40.76%	39.15%	38.41%	37.91%	29.25%	26.0%	27.59%	22.03%	23.08%	22.95%	20.0%	8.33%	3.85%	13.16%
Net Earnings	$131.9M	$188.1M	$189.7M	$164.7M	$169.1M	$168.6M	$150.7M	$103.8M	$91.20M	$91.40M	$78.80M	$77.10M	$73.10M	$63.30M	$41.40M	$45.90M	$42.90M	$38.40M	$50.80M	$50.20M	$40.40M	$38.50M	$19.10M	$24.90M	$23.70M	$15.70M	$15.60M	$14.10M	$11.50M	$10.10M	$9.600M	$7.500M	$3.700M	$2.100M	$4.500M	$4.100M	$4.700M	$4.400M	$3.300M	$2.600M	$3.300M
YoY Change	-29.86%	-0.85%	15.19%	-2.59%	0.25%	11.89%	45.2%	13.82%	-0.22%	15.99%	2.2%	5.47%	15.48%	52.9%	-9.8%	6.99%	11.72%	-24.41%	1.2%	24.26%	4.94%	101.57%	-23.29%	5.06%	50.96%	0.64%	10.64%	22.61%	13.86%	5.21%	28.0%	102.7%	76.19%	-53.33%	9.76%	-12.77%	6.82%	33.33%	26.92%	-21.21%
Net Earnings / Revenue	24.37%	42.39%	48.96%	42.3%	43.83%	46.49%	45.75%
Basic Earnings Per Share	$2.45	$3.48	$3.51	$3.10	$3.26	$3.28	$3.07
Diluted Earnings Per Share	$2.45	$3.46	$3.48	$3.08	$3.23	$3.24	$3.03	$2.333M	$2.203M	$2.229M	$1.946M	$1.942M	$2.019M	$1.901M	$1.262M	$1.490M	$1.421M	$1.263M	$1.649M	$1.635M	$1.496M	$1.464M	$805.9K	$1.158M	$1.092M	$1.026M	$1.013M	$940.0K	$884.6K	$893.8K	$857.1K	$688.1K	$342.6K	$194.4K	$405.4K	$350.4K	$401.7K	$431.4K	$464.8K	$406.3K	$515.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$173.4M	$160.8M	$161.0M	$166.0M	$165.0M	$120.0M	$123.0M	$112.0M	$114.0M	$94.00M	$94.00M	$90.00M	$86.00M	$82.00M	$77.00M	$73.00M	$70.00M	$66.00M	$65.00M	$64.00M	$62.00M	$57.00M	$53.00M	$41.00M	$26.00M	$25.00M	$24.00M	$17.00M	$17.00M	$11.00M	$10.00M	$11.00M	$11.00M	$13.00M	$12.00M	$11.00M	$11.00M	$9.000M	$8.000M	$9.000M	$6.000M
YoY Change	7.86%	-0.14%	-3.01%	0.61%	37.5%	-2.44%	9.82%	-1.75%	21.28%	0.0%	4.44%	4.65%	4.88%	6.49%	5.48%	4.29%	6.06%	1.54%	1.56%	3.23%	8.77%	7.55%	29.27%	57.69%	4.0%	4.17%	41.18%	0.0%	54.55%	10.0%	-9.09%	0.0%	-15.38%	8.33%	9.09%	0.0%	22.22%	12.5%	-11.11%	50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$15.56B	$15.84B	$15.55B	$13.93B	$11.41B	$10.61B	$10.75B	$8.666B	$8.553B	$7.489B	$7.096B	$7.497B	$6.488B	$5.445B	$5.403B	$5.175B	$4.698B	$4.498B	$4.153B	$4.394B	$3.855B	$3.437B	$3.211B	$2.651B	$1.841B	$1.681B	$1.634B	$1.344B	$1.152B	$916.0M	$713.0M	$669.0M	$634.0M	$618.0M	$586.0M	$555.0M	$525.0M	$448.0M	$386.0M	$364.0M	$255.0M
YoY Change
Accounts Payable	$123.1M	$102.8M	$178.0M	$195.0M	$174.0M	$157.0M	$181.0M	$144.0M	$135.0M	$126.0M	$80.00M	$136.0M	$88.00M	$73.00M	$56.00M	$67.00M	$61.00M	$62.00M	$58.00M	$70.00M	$57.00M	$63.00M	$42.00M	$31.00M	$18.00M	$18.00M	$15.00M	$10.00M	$9.000M	$7.000M	$5.000M	$5.000M	$6.000M	$8.000M	$6.000M	$6.000M	$4.000M	$5.000M	$5.000M	$6.000M	$3.000M
YoY Change	19.77%	-42.26%	-8.72%	12.07%	10.83%	-13.26%	25.69%	6.67%	7.14%	57.5%	-41.18%	54.55%	20.55%	30.36%	-16.42%	9.84%	-1.61%	6.9%	-17.14%	22.81%	-9.52%	50.0%	35.48%	72.22%	0.0%	20.0%	50.0%	11.11%	28.57%	40.0%	0.0%	-16.67%	-25.0%	33.33%	0.0%	50.0%	-20.0%	0.0%	-16.67%	100.0%
Accrued Expenses	$41.41M	$31.09M	$33.00M	$36.00M	$41.00M
YoY Change	33.19%	-5.78%	-8.33%	-12.2%
Deferred Revenue
YoY Change
Short-Term Debt	$304.6M	$346.7M	$325.0M	$284.0M	$242.0M	$259.0M	$337.0M										$27.00M	$0.00	$36.00M	$13.00M	$36.00M	$33.00M	$20.00M	$55.00M	$4.000M	$35.00M	$45.00M	$32.00M	$0.00	$163.0M	$58.00M	$53.00M	$4.000M	$1.000M	$5.000M	$16.00M	$13.00M	$7.000M	$11.00M	$11.00M	$3.000M
YoY Change	-12.13%	6.66%	14.44%	17.36%	-6.56%	-23.15%												-100.0%	176.92%	-63.89%	9.09%	65.0%	-63.64%	1275.0%	-88.57%	-22.22%	40.63%		-100.0%	181.03%	9.43%	1225.0%	300.0%	-80.0%	-68.75%	23.08%	85.71%	-36.36%	0.0%	266.67%
Long-Term Debt Due																	$26.00M	$31.00M		$0.00	$0.00	$0.00					$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.000M	$0.00	$0.00	$0.00	$0.00
YoY Change																	-16.13%																			-100.0%
Total Short-Term Liabilities	$469.1M	$133.9M	$211.0M	$231.0M	$215.0M	$157.0M	$181.0M	$144.0M	$135.0M	$126.0M	$80.00M	$136.0M	$88.00M	$73.00M	$56.00M	$67.00M	$87.00M	$93.00M	$58.00M	$70.00M	$57.00M	$63.00M	$42.00M	$31.00M	$18.00M	$18.00M	$15.00M	$10.00M	$9.000M	$7.000M	$5.000M	$5.000M	$6.000M	$8.000M	$6.000M	$6.000M	$5.000M	$5.000M	$5.000M	$6.000M	$3.000M
YoY Change	250.43%	-36.56%	-8.66%	7.44%	36.94%	-13.26%	25.69%	6.67%	7.14%	57.5%	-41.18%	54.55%	20.55%	30.36%	-16.42%	-22.99%	-6.45%	60.34%	-17.14%	22.81%	-9.52%	50.0%	35.48%	72.22%	0.0%	20.0%	50.0%	11.11%	28.57%	40.0%	0.0%	-16.67%	-25.0%	33.33%	0.0%	20.0%	0.0%	0.0%	-16.67%	100.0%
Long-Term Debt	$0.00	$3.249M	$3.000M	$81.00M	$91.00M	$98.00M	$123.0M	$102.0M	$102.0M	$102.0M	$102.0M	$102.0M	$830.0M	$830.0M	$857.0M	$863.0M	$102.0M	$127.0M	$617.0M	$81.00M	$80.00M	$80.00M	$78.00M	$30.00M	$30.00M	$30.00M	$30.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$1.000M	$1.000M	$1.000M	$1.000M	$0.00	$0.00	$5.000M	$5.000M	$0.00
YoY Change	-100.0%	8.3%	-96.3%	-10.99%	-7.14%	-20.33%	20.59%	0.0%	0.0%	0.0%	0.0%	-87.71%	0.0%	-3.15%	-0.7%	746.08%	-19.69%	-79.42%	661.73%	1.25%	0.0%	2.56%	160.0%	0.0%	0.0%	0.0%						-100.0%	0.0%	0.0%	0.0%			-100.0%	0.0%
Other Long-Term Liabilities					$1.000M
YoY Change
Total Long-Term Liabilities	$0.00	$3.249M	$3.000M	$81.00M	$92.00M	$98.00M	$123.0M	$102.0M	$102.0M	$102.0M	$102.0M	$102.0M	$830.0M	$830.0M	$857.0M	$863.0M	$102.0M	$127.0M	$617.0M	$81.00M	$80.00M	$80.00M	$78.00M	$30.00M	$30.00M	$30.00M	$30.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$1.000M	$1.000M	$1.000M	$1.000M	$0.00	$0.00	$5.000M	$5.000M	$0.00
YoY Change	-100.0%	8.3%	-96.3%	-11.96%	-6.12%	-20.33%	20.59%	0.0%	0.0%	0.0%	0.0%	-87.71%	0.0%	-3.15%	-0.7%	746.08%	-19.69%	-79.42%	661.73%	1.25%	0.0%	2.56%	160.0%	0.0%	0.0%	0.0%						-100.0%	0.0%	0.0%	0.0%			-100.0%	0.0%
Total Liabilities	$13.86B	$14.28B	$13.45B	$11.83B	$9.555B	$8.894B	$9.111B	$7.468B	$7.412B	$6.502B	$6.220B	$6.594B	$5.714B	$4.837B	$4.837B	$4.630B	$4.219B	$4.036B	$3.695B	$3.919B	$3.451B	$3.112B	$2.943B	$2.449B	$1.732B	$1.561B	$1.516B	$1.235B	$1.052B	$849.0M	$651.0M	$616.0M	$586.0M	$571.0M	$540.0M	$509.0M	$479.0M	$408.0M	$364.0M	$343.0M	$236.0M
YoY Change	-2.98%	6.18%	13.74%	23.78%	7.43%	-2.38%	22.0%	0.76%	14.0%	4.53%	-5.67%	15.4%	18.13%	0.0%	4.47%	9.74%	4.53%	9.23%	-5.72%	13.56%	10.89%	5.74%	20.17%	41.4%	10.95%	2.97%	22.75%	17.4%	23.91%	30.41%	5.68%	5.12%	2.63%	5.74%	6.09%	6.26%	17.4%	12.09%	6.12%	45.34%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	53.60M	53.90M	53.98M	52.97M	51.73M	51.17M	48.84M
Diluted Shares Outstanding	53.73M	54.21M	54.40M	53.32M	52.25M	51.75M	49.47M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.602 Billion

About Community Financial System Inc

Community Bank System, Inc. is a holding company, which engages in the provision of retail, business, and municipal banking services. The company is headquartered in Dewitt, New York and currently employs 2,687 full-time employees. The firm is focused on four main business lines, such as banking, employee benefit services, insurance services and wealth management. The Company’s banking subsidiary, Community Bank, N.A., operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The Company’s Benefit Plans Administrative Services, Inc. subsidiary is a provider of employee benefits administration, trust services, collective investment fund administration, and actuarial consulting services to customers on a national scale. The Company’s OneGroup NY, Inc. subsidiary is a United States insurance agency. The firm also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit.

Industry: National Commercial Banks Peers: Ameris Bancorp BancFirst Corp Bank of Hawaii Corp First Hawaiian Inc CVB Financial Corp Eastern Bankshares Inc Independent Bank Corp (Massachusetts) Investors Bancorp, Inc. PNC Financial Services Group Inc United Community Banks Inc