COMMUNITY FINANCIAL SYSTEM, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $103.8m
$150.7m +45.18%
$168.6m +11.89%
$169.1m +0.25%
$164.7m -2.59%
$189.7m +15.19%
$188.1m -0.85%
$131.9m -29.86%
$182.5m +38.32%
$210.5m +15.33%
Net Income (Loss) Available to Common Stockholders, Basic $103.3m
$150.1m +45.38%
$167.9m +11.84%
$168.7m +0.46%
$164.2m -2.67%
$189.2m +15.28%
$187.5m -0.90%
$131.5m -29.90%
$181.7m +38.23%
$209.6m +15.32%
Amortization of Intangible Assets $5.5m $16.9m $18.2m $16.0m $14.3m $14.1m $15.2m $14.5m $14.3m $13.8m
Depreciation $14.4m $16.0m $15.7m $15.9m $16.0m $15.6m $14.4m $13.0m $13.7m $15.6m $19.6m
Share-based Payment Arrangement, Noncash Expense $4.8m $5.1m $6.1m $5.3m $6.4m $6.3m $7.7m $9.3m $8.4m $10.9m $11.0m
Goodwill, Impairment Loss $0 $0 $0 $0 $0
Income (Loss) from Equity Method Investments $0 $0 ($285k)
Net Cash Provided by (Used in) Operating Activities $131.3m
$189.7m +44.50%
$221.4m +16.73%
$202.5m -8.54%
$179.5m -11.37%
$202.5m +12.85%
$214.6m +5.95%
$228.4m +6.44%
$242.3m +6.07%
$301.9m +24.59%
$308.3m +2.12%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $12.4m $10.8m $12.6m $5.7m $14.4m $13.2m $12.9m $18.6m $20.7m $68.5m ($61.6m)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $109.6m $157.3m $140.8m $209.9m $885.5m $423.7m $262.3m $597.8m $59.7m $52.6m
Debt Securities, Available-for-sale, Realized Gain (Loss) ($52.3m) ($487k) $0
Payments to Acquire Businesses, Net of Cash Acquired $575k $107.4m $1.7m $4.7m ($34.4m) $29.3m $668k $8.5m $15.6m ($469.7m) ($5.5m)
Net Cash Provided by (Used in) Investing Activities ($122.0m) $131.4m $17.5m ($157.1m) ($398.7m) ($1.5b) ($2.1b) $335.8m ($835.6m) ($182.1m) ($380.6m)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt $0 $0 ($318k) $0 $421k $0 $0 $242k $0 $0
Payments for Repurchase of Common Stock $3.5m $3.3m $298k $286k $271k $5.1m $16.6m $30.2m $46.0m $11.2m
Payments of Ordinary Dividends, Common Stock $55.0m $62.3m $71.5m $80.2m $87.1m $91.1m $93.4m $95.1m $95.8m $97.6m ($98.6m)
Proceeds from Issuance of Common Stock $10.5m $4.6m $6.4m $6.9m $15.8m $9.8m $1.2m $1.0m $7.1m $5.3m $11.7m
Dividends Payable $14.3m $17.5m $19.8m $21.3m $22.7m $23.2m $23.8m $24.2m $24.4m $25.0m
Net Cash Provided by (Used in) Financing Activities $11.4m
($273.9m) -2505.69%
($248.1m) +9.41%
($52.3m) +78.94%
$1.7b +3276.93%
$1.6b -6.18%
$259.2m -83.36%
($583.1m) -324.96%
$599.4m +202.79%
($15.0m) -102.50%
$93.2m +721.27%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $47.2m ($9.2m) ($6.8m) $1.4b $1.9b $209.9m $191.0m $197.0m $301.8m $258.2m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Provision for Loan, Lease, and Other Losses $14.2m ($8.8m) $14.8m $11.2m $22.8m $21.4m $20.8m
Bank Owned Life Insurance Income $1.5m $1.6m $1.6m $1.7m $1.9m $2.0m $2.1m $2.4m $2.5m $3.4m
Parent Company $55.0m $62.3m $71.5m $80.2m $87.1m $91.1m $93.4m $95.1m $95.8m $97.6m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $11.3m $13.7m $17.9m $25.4m $21.2m $13.8m $23.4m $100.0m $192.9m $193.1m
Income Taxes Paid, Net $32.2m $41.2m $30.3m $46.5m $39.6m $41.5m $57.1m $41.7m $43.7m $40.5m
Additional Financial Items
Equity Securities, FV-NI, Gain (Loss) $0 $0 ($657k) ($19k) $6k ($17k) $44k $47k $1.2m $375k
Equity Securities, FV-NI, Realized Gain (Loss) $0 $0 ($657k) ($19k) $6k ($17k) $44k $47k $0 $0
Equity Securities, FV-NI, Unrealized Gain (Loss) $0 $0 $657k $19k ($6k) $17k ($44k) ($47k) $1.2m $375k
Goodwill $465.1m $734.4m $733.5m $773.8m $793.7m $799.1m $841.8m $845.4m $853.2m $888.0m
Income Tax Expense (Benefit) $50.8m $9.2m $44.3m $40.3m $41.4m $51.7m $52.2m $36.3m $54.2m $64.9m
Insurance Services Revenue $23.1m $26.1m $30.3m $32.2m $32.4m $34.0m $39.8m $47.1m $50.2m $54.4m
Operating Expenses $266.8m
Financing Receivable, Credit Loss, Expense (Reversal) $14.8m $11.2m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.