Community Bank System (CBU) Tops Q2 EPS by 3c

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Go back to Community Bank System (CBU) Tops Q2 EPS by 3c

Community Bank System Reports Record Second Quarter 2015 Results

July 20, 2015 7:00 AM EDT

- GAAP earnings of $0.58 per share

- Quarterly loan growth of $100 million

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Community Bank System, Inc. (NYSE: CBU) reported second quarter 2015 net income of $23.8 million, an increase of 0.7% compared with $23.7 million earned for the second quarter of 2014. Diluted earnings per share totaled $0.58 for the second quarter of 2015, a one cent per share improvement over the $0.57 per share reported in the second quarter of 2014, and included $0.4 million of acquisition expenses, or six-tenths of a cent per share. 2015 year-to-date net income of... More