Brief: Community Bank System Reports Q4 Diluted EPS Of $0.96

Community Financial System

24/01/2023 11:59

Jan 24 (Reuters) - Community Bank System Inc  CBU.N :
    * Q4 2022 NET INCOME OF $52.5 MILLION, OR $0.97 PER
FULLY-DILUTED
SHARE
    * COMMUNITY BANK SYSTEM, INC. REPORTS FOURTH QUARTER AND
FULL YEAR
2022 RESULTS
    * OPERATING DILUTED EPS $0.96 PER SHARE FOR Q4 OF 2022
    * Q4 EARNINGS PER SHARE VIEW $0.93 -- REFINITIV IBES DATA
    * ADJUSTED PRE-TAX, PRE-PROVISION NET REVENUE PER SHARE
$1.29 PER
SHARE FOR Q4 OF 2022
    * TOTAL REVENUES OF $175.9 MILLION IN Q4 OF 2022, AN
INCREASE OF
$16.2 MILLION, OR 10.2%, OVER PRIOR YEAR'S Q4
    * Q4 REVENUE VIEW $178.1 MILLION -- REFINITIV IBES DATA
    * CO'S TOTAL ASSETS WERE $15.84 BILLION AT DECEMBER 31,
2022,
REPRESENTING A $283.0 MILLION, OR 1.8%, INCREASE FROM ONE YEAR
PRIOR
    * WE ANTICIPATE RECEIVING APPROXIMATELY $600 MILLION IN
INVESTMENT
SECURITIES PRINCIPAL CASH FLOWS DURING 2023

Source text for Eikon:  ID:nBw7D0Znra 
Further company coverage:  CBU.N 
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