Community Bank System
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Community Bank System's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $640,674,000. Profit margin reached 21%. Total operating expenses were $413,590,000.
Profit Margin
| 2014 | 363.44M | 91.35M | 25.14% |
|---|---|---|---|
| 2015 | 371.71M | 91.22M | 24.54% |
| 2016 | 429.84M | 103.81M | 24.15% |
| 2017 | 518.09M | 150.71M | 29.09% |
| 2018 | 569.43M | 168.64M | 29.62% |
| 2019 | 589.79M | 169.06M | 28.66% |
| 2020 | 596.40M | 164.67M | 27.61% |
| 2021 | 620.64M | 189.69M | 30.56% |
| 2022 | 679.35M | 188.08M | 27.69% |
| 2023 | 640.67M | 131.92M | 20.59% |
CBU Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 640.67M | 679.35M | 620.64M | 596.40M | 589.79M | 569.43M | 518.09M | 429.84M | 371.71M | 363.44M |
Cost of revenue | -115.35M | 314.96M | 296.79M | 283.41M | 275.72M | 265.46M | 232.49M | 326K | 0 | 0 |
Gross profit | 756.02M | 364.38M | 323.85M | 312.98M | 314.07M | 303.96M | 285.60M | 429.52M | 371.71M | 363.44M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 15.73M | 13.09M | 9.31M | 9.46M | 11.41M | 9.38M | 9.99M | 7.48M | 7.20M | 7.12M |
Total operating expenses | 413.59M | -400.73M | -379.29M | -390.32M | -380.45M | -338.76M | 21.57M | 15.93M | 14.01M | 14.37M |
Operating income | 227.08M | 278.62M | 241.34M | 206.07M | 209.33M | 230.66M | 173.74M | 165.88M | 143.41M | 141.48M |
Other income (expenses), net | -58.85M | -38.31M | 171.76M | -40.17M | 121.53M | -17.67M | -65.53M | -11.29M | -28.18M | -25.61M |
Income before tax | 168.23M | 240.31M | 241.34M | 206.07M | 209.33M | 212.98M | 159.96M | 154.59M | 132.20M | 129.69M |
Income tax expense | 36.30M | 52.23M | 51.65M | 41.4M | 40.27M | 44.34M | 9.24M | 50.78M | 40.98M | 38.33M |
Net income | 131.92M | 188.08M | 189.69M | 164.67M | 169.06M | 168.64M | 150.71M | 103.81M | 91.22M | 91.35M |
Earnings per share | ||||||||||
Basic EPS | 2.45 | 3.48 | 3.51 | 3.1 | 3.26 | 3.3 | 3.07 | 2.34 | 2.21 | 2.24 |
Diluted EPS | 2.45 | 3.46 | 3.48 | 3.08 | 3.23 | 3.26 | 3.03 | 2.32 | 2.19 | 2.22 |
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