Community Bank System Reports Third Quarter 2018 Results
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Community Bank System (CBU) Tops Q3 EPS by 3c
October 22, 2018 6:48 AM EDTCommunity Bank System (NYSE: CBU) reported Q3 EPS of $0.81, $0.03 better than the analyst estimate of $0.78.
Operating EPS of $0.81 up 17.4% over the third quarter of 2017Deposit funding costs of 0.13%Annualized net loan charge-offs of 0.11%Return on assets of 1.61%Return on tangible equity of 19.1%Non-banking noninterest revenues up 14.9% over the third quarter of 2017Dividend increase of $0.04 or 11.8%, the 26th consecutive year of... More