cbu: the income statement

MyFinsight

COMMUNITY FINANCIAL SYSTEM, INC. (CBU)

For the quarter ending 2025-06-30, CBU made $247,387K in revenue. $51,331K in net income. Net profit margin of 20.75%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income taxes	14,706
Insurance services	13,388
Unrealized (loss) gain on equity securities	-1
Loss on sales of investment securities	-
Wealth management services	8,683
Other banking services	4,567
Mortgage banking	972
Employee benefit services	32,380
Deposit service fees	14,519
Total noninterest revenues	74,508
Legal and professional fees	4,368
Other expenses	10,158
Occupancy and equipment	11,486
Salaries and employee benefits	79,021
Data processing and communications	16,699
Business development and marketing	4,001
Amortization of intangible assets	3,369
Total noninterest expenses	129,102
Provision for credit losses	4,117
Interest on deposits	40,637
Interest on borrowings	7,493
Total interest expense	48,130
Interest and dividends on nontaxable investments	2,763
Interest and dividends on taxable investments	23,581
Interest and fees on loans	146,534
Total interest income	172,878
Net interest income	124,748
Net interest income after provision for credit losses	120,631
Income before income taxes	66,037
Net income	51,331

Earnings per share, basic	0.97
Earnings per share, diluted	0.97
Weighted average number of shares outstanding, basic	52,785,000
Weighted average number of shares outstanding, diluted	52,869,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)