Community Bank System Q3 Profit Rises - Quick Facts

(RTTNews) - Community Bank System, Inc. (CBU) Tuesday reported third-quarter profit of $22.0 million or $0.54 per share, up from $18.4 million or $0.46 per share in the same period last year.

On average, seven analysts polled by Thomson Reuters expected the company to earn $0.52 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $88.2 million, up 4.2 percent from last year. Analysts expected revenues of $88.13 million.

Net-interest income increased to $60.60 million from $58.78 million last year. Non-interest income totaled $27.59 million, up from $25.86 million last year.