COMMUNITY FINANCIAL SYSTEM, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $818.0M | $746.3M | $652.1M | $679.4M | $620.6M | $596.8M | $589.8M | $569.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $468.1M | $431.1M | $272.3M | $263.4M | $254.4M | $227.0M | $235.9M | $230.7M |
| Operating Margin | 57.2% | 57.8% | 41.8% | 38.8% | 41.0% | 38.0% | 40.0% | 40.5% |
| Interest Expense | $192.7M | $194.4M | $104.1M | $23.1M | $13.0M | $20.9M | $26.6M | $17.7M |
| Pretax Income | $275.4M | $236.7M | $168.2M | $240.3M | $241.3M | $206.1M | $209.3M | $213.0M |
| Income Tax Expense | $64.9M | $54.2M | $36.3M | $52.2M | $51.7M | $41.4M | $40.3M | $44.3M |
| Net Income | $210.5M | $182.5M | $131.9M | $188.1M | $189.7M | $164.7M | $169.1M | $168.6M |
| Net Margin | 25.7% | 24.5% | 20.2% | 27.7% | 30.6% | 27.6% | 28.7% | 29.6% |
| EPS (Basic) | $3.98 | $3.44 | $2.45 | $3.48 | $3.51 | $3.10 | $3.26 | $3.28 |
| EPS (Diluted) | $3.97 | $3.44 | $2.45 | $3.46 | $3.48 | $3.08 | $3.23 | $3.24 |
| Shares Outstanding (Basic) | 52.7M | 52.8M | 53.6M | 53.9M | 54.0M | 53.0M | 51.7M | 51.2M |
| Shares Outstanding (Diluted) | 52.8M | 52.9M | 53.7M | 54.2M | 54.4M | 53.3M | 52.2M | 51.7M |
| Dividends Per Share | $1.86 | $1.82 | $1.78 | $1.74 | $1.70 | $1.66 | $1.58 | $1.44 |