← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $429.5m |
$518.1m
+20.62%
|
$569.1m
+9.85%
|
$589.8m
+3.63%
|
$596.8m
+1.19%
|
$620.6m
+3.99%
|
$679.4m
+9.46%
|
$652.1m
-4.01%
|
$746.3m
+14.44%
|
$818.0m
+9.61%
|
$860.0m
+5.14%
|
|
| Insurance Services Revenue | $23.1m | $26.1m | $30.3m | $32.2m | $32.4m | $34.0m | $39.8m | $47.1m | $50.2m | $54.4m | — | |
| Revenue Not from Contract with Customer, Other | — | — | — | — | — | — | — | — | $744k | $375k | — | |
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $273.9m |
$315.7m
+15.25%
|
$345.1m
+9.31%
|
$359.2m
+4.09%
|
$368.4m
+2.57%
|
$374.4m
+1.63%
|
$420.6m
+12.34%
|
$437.3m
+3.96%
|
$449.1m
+2.71%
|
$506.6m
+12.79%
|
$723.1m
+42.75%
|
|
| Labor and Related Expense | $151.6m | $180.0m | $207.4m | $219.9m | $228.4m | $241.5m | $257.3m | $281.8m | $300.8m | $313.9m | — | |
| Amortization of Intangible Assets | $5.5m | $16.9m | $18.2m | $16.0m | $14.3m | $14.1m | $15.2m | $14.5m | $14.3m | $13.8m | — | |
| Noninterest expense: | ||||||||||||
| Operating Expenses | $266.8m | — | — | — | — | — | — | — | — | — | — | |
| Interest expense: | ||||||||||||
| Interest Expense, Securities Sold under Agreements to Repurchase | — | — | — | — | — | — | — | $3.1m | $4.6m | $3.1m | $187.6m | |
| Total interest expense | $11.3m | $13.8m | $17.7m | $26.6m | $20.9m | $13.0m | $23.1m | $104.1m | $194.4m | $192.7m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | $0 | $0 | $657k | $19k | ($6k) | $17k | ($44k) | ($47k) | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $0 | $0 | ($285k) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $241.3m | $240.3m | $168.2m | $236.7m | $275.4m | $300.5m | |
| Income Tax Expense (Benefit) | $50.8m | $9.2m | $44.3m | $40.3m | $41.4m | $51.7m | $52.2m | $36.3m | $54.2m | $64.9m | $72.5m | |
| 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%
|
$227.3m
+7.99%
|
|
| 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%
|
$227.3m
+8.44%
|
|
| Earnings Per Share, Basic | $2.34 | $3.07 | $3.28 | $3.26 | $3.10 | $3.51 | $3.48 | $2.45 | $3.44 | $3.98 | $4.32 | |
| Earnings Per Share, Diluted | $2.32 | $3.03 | $3.24 | $3.23 | $3.08 | $3.48 | $3.46 | $2.45 | $3.44 | $3.97 | $4.31 | |
| Common Stock, Dividends, Per Share, Declared | $1.26 | $1.32 | $1.44 | $1.58 | $1.66 | $1.70 | $1.74 | $1.78 | $1.82 | $1.86 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 44.1m | 48.8m | 51.2m | 51.7m | 53.0m | 54.0m | 53.9m | 53.6m | 52.8m | 52.7m | 52.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 44.5m | 49.5m | 51.7m | 52.2m | 53.3m | 54.4m | 54.2m | 53.7m | 52.9m | 52.8m | 52.8m | |
| Additional Financial Items | ||||||||||||
| 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 | — | |
| Business Combination, Acquisition Related Costs | $1.7m | $26.0m | ($769k) | $8.6m | $4.9m | $701k | $5.0m | $63k | $213k | $3.7m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | — | — | $0 | — | — | — | — | |
| Other Cost and Expense, Operating | $261.4m | $304.2m | $327.9m | $347.5m | $357.3m | $373.2m | $404.3m | $447.9m | — | — | — |