Community Bank System Inc. Profit Rises 173% In Q4

(RTTNews) - Community Bank System Inc. (CBU) announced a profit for its fourth quarter that gained ground from last year.

The company said its bottom line climbed to $72.03 million, or $1.40 per share. This was up from $26.39 million, or $0.59 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Community Bank System Inc. earnings at a glance:

-Earnings (Q4): $72.03 Mln. vs. $26.39 Mln. last year. -Earnings Growth (Y-o-Y): 172.9% -EPS (Q4): $1.40 vs. $0.59 last year. -EPS Growth (Y-o-Y): 137.3% -Analysts Estimate: $0.71