Community Bank System Inc. Profit Climbs 31% In Q4

(RTTNews) - Community Bank System Inc. (CBU) revealed earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line totaled $26.39 million, or $0.59 per share. This was higher than $20.07 million, or $0.47 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.58 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Community Bank System Inc. earnings at a glance:

-Earnings (Q4): $26.39 Mln. vs. $20.07 Mln. last year. -Earnings Growth (Y-o-Y): 31.5% -EPS (Q4): $0.59 vs. $0.47 last year. -EPS Growth (Y-o-Y): 25.5% -Analysts Estimate: $0.58