Community Financial System, Inc. Profit Rises In Q4

(RTTNews) - Community Financial System, Inc. (CBU) revealed earnings for its fourth quarter that increased from the same period last year

The company's bottom line totaled $49.79 million, or $0.94 per share. This compares with $33.71 million, or $0.63 per share, last year.

Excluding items, Community Financial System, Inc. reported adjusted earnings of $52.95 million or $1.00 per share for the period.

The company's revenue for the period rose 10.9% to $196.29 million from $176.96 million last year.

Community Financial System, Inc. earnings at a glance (GAAP) :

-Earnings: $49.79 Mln. vs. $33.71 Mln. last year. -EPS: $0.94 vs. $0.63 last year. -Revenue: $196.29 Mln vs. $176.96 Mln last year.