Brief: Community Bank System, Inc. Reports Third Quarter 2022 Results

Community Financial System

24/10/2022 13:45

Oct 24 (Reuters) - Community Bank System Inc  CBU.N :
    * COMMUNITY BANK SYSTEM, INC. REPORTS THIRD QUARTER 2022
RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $0.94
    * Q3 REVENUE ROSE 11.9 PERCENT TO $175.6 MILLION
    * COMMUNITY BANK SYSTEM - IN Q3 2022, CO RECORDED PROVISION
FOR
CREDIT LOSSES OF $5.1 MILLION DRIVEN BY $410.9 MILLION INCREASE
IN NON-PPP LOANS OUTSTANDING
    * Q3 EARNINGS PER SHARE VIEW $0.90, REVENUE VIEW $174.1
MILLION --
REFINITIV IBES DATA
    * QTRLY EPS $0.90 PER FULLY-DILUTED SHARE

Source text for Eikon:  ID:nBw3PYnmZa 
Further company coverage:  CBU.N 
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