Community Financial (CBU) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Community Financial System (CBU) reported revenue of $189.81 million for Q3 2024, marking an 8.2% year-over-year increase [1] - The earnings per share (EPS) for the same period was $0.83, slightly up from $0.82 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $186.6 million by 1.72%, while the EPS fell short of the consensus estimate of $0.86 by 3.49% [1] Financial Metrics - Net Interest Margin stood at 3%, aligning with the average estimate from two analysts [2] - The Efficiency Ratio (GAAP) was reported at 65.7%, slightly above the average estimate of 65% [2] - Total Non-Interest Income reached $76.20 million, surpassing the estimated $73.20 million [2] - Fully tax-equivalent net interest income was $113.62 million, compared to the average estimate of $113.40 million [2] Stock Performance - Over the past month, Community Financial shares returned -0.4%, contrasting with the Zacks S&P 500 composite's +2.8% change [2] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential outperformance against the broader market in the near term [2]