DEWITT, N.Y. (AP) — DEWITT, N.Y. (AP) — Community Financial System, Inc. (CBU) on Tuesday reported first-quarter profit of $49.6 million.
The Dewitt, New York-based company said it had profit of 93 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The bank holding company posted revenue of $243.7 million in the period. Its adjusted revenue was $197.1 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $197.5 million.
Community Financial shares have declined roughly 10% since the beginning of the year. The stock has risen 25% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBU at https://www.zacks.com/ap/CBU
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
