10-K - Community Bank System, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Community Bank System, Inc. (CBU) reported strong financial results for fiscal year 2025, with net income of $210.5 million, a 15.3% increase from $182.5 million in 2024. Total revenues grew to $818.0 million, driven by a 12.8% increase in net interest income to $506.6 million and a 4.8% rise in noninterest revenues to $311.5 million. The company's net interest margin improved to 3.29% from 3.04% in the prior year. Key performance indicators showed positive trends, with basic and diluted earnings per share at $4.00, up from $3.44 in 2024. The company maintained a solid capital position, with shareholders' equity increasing to $2.01 billion, and generated $301.9 million in net cash from operating activities. Strategic acquisitions, including seven branch locations from Santander Bank, contributed to growth in loans and deposits.

Key Takeaways

1Net income increased 15.3% to $210.5 million in FY 2025.

2Net interest income grew 12.8% to $506.6 million, with margin at 3.29%.

3Total noninterest revenues rose 4.8% to $311.5 million.

4Basic and diluted EPS were $4.00, up from $3.44 in prior year.

5Net cash from operating activities was $301.9 million.

Key Financial Metrics

EPS

$4.00

$3.44 prior year

Revenue

$0.82B

+9.6%

Net Income

$0.21B

+15.3%

free cash flow

$0.30B

operating margin

33.7%

Business Segments

Banking and CorporateNet interest income $506.0M, noninterest revenues $82.8M

$0.59B+12.0% YoY

Employee Benefit ServicesNoninterest revenues $137.0M

$0.14B+3.6% YoY

Insurance ServicesNoninterest revenues $54.4M

$0.05B+8.3% YoY

Wealth Management ServicesNoninterest revenues $37.2M

$0.04B+2.0% YoY