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Community Bank System's Q1 Non-GAAP Operating Earnings Fall, Revenue Rises
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Community Bank System's Q1 Non-GAAP Operating Earnings Fall, Revenue Rises
Apr 23, 2024 6:20 AM

08:50 AM EDT, 04/23/2024 (MT Newswires) -- Community Bank System ( CBU ) reported Q1 non-GAAP operating earnings Tuesday of $0.82 per diluted share, down from $0.92 a year earlier.

Analysts polled by Capital IQ expected $0.78.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest revenue, was $177.3 million, up from $124.5 million a year earlier.

Four analysts surveyed by Capital IQ expected $176.4 million.

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