Community Financial (CBU) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Community Financial System (CBU) reported revenue of $197.17 million for Q4 2024, marking a year-over-year increase of 10.8% and exceeding the Zacks Consensus Estimate of $193.45 million by 1.92% [1] - The earnings per share (EPS) for the quarter was $0.94, up from $0.76 a year ago, and also surpassed the consensus EPS estimate of $0.90 by 4.44% [1] Financial Performance Metrics - The efficiency ratio (GAAP) was reported at 64%, slightly better than the three-analyst average estimate of 64.5% [4] - The net interest margin stood at 3.2%, exceeding the average estimate of 3.1% from three analysts [4] - Total interest-earning assets averaged $15.04 billion, compared to the $14.94 billion average estimate based on two analysts [4] - Total non-interest income was $76.31 million, slightly above the estimated $76.20 million from three analysts [4] - Deposit service and other banking fees were reported at $19.32 million, below the two-analyst average estimate of $19.47 million [4] - Mortgage banking income was $0.75 million, compared to the average estimate of $0.79 million from two analysts [4] - Fully tax-equivalent net interest income was $120.86 million, exceeding the two-analyst average estimate of $118.16 million [4] - Employee benefit services income was reported at $33.95 million, above the two-analyst average estimate of $33.59 million [4] Stock Performance - Community Financial's shares returned +1.1% over the past month, slightly underperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]