Community Bank System (CBU) financial statements
Community Bank System reported revenue of $818M in fiscal 2025, up 7.4% a year over 9 years.
Net income was $210M.
Free cash flow was $233M, and the company returned $98M in dividends and $11M in net buybacks.
The diluted share count rose 19% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Community Bank System's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $430M | $518M | $569M | $590M | $597M | $621M | $679M | $652M | $746M | $818M |
| Interest expense | $11M | $14M | $18M | $27M | $21M | $13M | $23M | $104M | $194M | $193M |
| Pre-tax income | $155M | $160M | $213M | $209M | $206M | $241M | $240M | $168M | $237M | $275M |
| Income tax | $51M | $9M | $44M | $40M | $41M | $52M | $52M | $36M | $54M | $65M |
| Net income | $104M | $151M | $169M | $169M | $165M | $190M | $188M | $132M | $182M | $210M |
| EPS (diluted) | $2.32 | $3.03 | $3.24 | $3.23 | $3.08 | $3.48 | $3.46 | $2.45 | $3.44 | $3.97 |
| Diluted shares | 44M | 49M | 52M | 52M | 53M | 54M | 54M | 54M | 53M | 53M |
| Net margin | 24.2% | 29.1% | 29.6% | 28.7% | 27.6% | 30.6% | 27.7% | 20.2% | 24.5% | 25.7% |
Balance sheet
Fiscal years, from Community Bank System's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $174M | $221M | $212M | $205M | $1.6B | $1.9B | $210M | $191M | $197M | $302M |
| Property, plant and equipment | $112M | $123M | $120M | $165M | $166M | $161M | $161M | $173M | $184M | $247M |
| Goodwill | $465M | $734M | $734M | $774M | $794M | $799M | $842M | $845M | $853M | $888M |
| Total assets | $8.7B | $10.7B | $10.6B | $11.4B | $13.9B | $15.6B | $15.8B | $15.6B | $16.4B | $17.3B |
| Long-term debt | — | — | — | — | — | — | — | — | $990M | — |
| Total liabilities | $7.5B | $9.1B | $8.9B | $9.6B | $11.8B | $13.5B | $14.3B | $13.9B | $14.6B | $15.3B |
| Shareholders' equity | $1.2B | $1.6B | $1.7B | $1.9B | $2.1B | $2.1B | $1.6B | $1.7B | $1.8B | $2.0B |
| Net debt | -$174M | -$221M | -$212M | -$205M | -$1.6B | -$1.9B | -$210M | -$191M | $793M | -$302M |
Cash flow
Fiscal years, from Community Bank System's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $136M | $190M | $221M | $203M | $179M | $203M | $215M | $228M | $242M | $302M |
| Capital spending | $12M | $11M | $13M | $6M | $15M | $13M | $13M | $19M | $21M | $69M |
| Free cash flow | $123M | $179M | $209M | $197M | $165M | $189M | $202M | $210M | $222M | $233M |
| Stock-based compensation | $5M | $5M | $6M | $5M | $6M | $6M | $8M | $9M | $8M | $11M |
| Dividends paid | $55M | $62M | $71M | $80M | $87M | $91M | $93M | $95M | $96M | $98M |
| Share buybacks (net) | -$3M | -$3M | -$298,000 | -$286,000 | -$271,000 | -$5M | -$17M | -$30M | -$46M | -$11M |
| Net borrowing | $0 | -$82M | -$95,000 | -$646,000 | -$3M | -$5M | — | — | — | — |
| Free cash flow margin | 28.7% | 34.5% | 36.7% | 33.4% | 27.6% | 30.5% | 29.7% | 32.2% | 29.7% | 28.5% |
| Dividends per share | $1.24 | $1.26 | $1.38 | $1.54 | $1.63 | $1.67 | $1.72 | $1.77 | $1.81 | $1.85 |
Questions
What was Community Bank System's revenue in 2025?
$818M in fiscal 2025, from its 10-K filing.
How much free cash flow does Community Bank System generate?
$233M in fiscal 2025 (operating cash flow minus capital spending).
From Community Bank System's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.