Community Bank System Reports First Quarter 2019 Results
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Community Bank System (CBU) Tops Q1 EPS by 5c
April 22, 2019 6:49 AM UTCCommunity Bank System (NYSE: CBU) reported Q1 EPS of $0.81, $0.05 better than the analyst estimate of $0.76.
First quarter GAAP EPS of $0.80; up $0.02 over first quarter of 2018First quarter Operating EPS of $0.81; up $0.03 over the first quarter of 2018Net interest margin of 3.80% increased 9 basis points over first quarter of 2018Deposit funding costs of 0.20%Return on assets of 1.59%Return on tangible equity of 17.61%Noninterest revenues represent 39.1% of operating... More