Community Bank System Q2 net income $39.8M, EPS $0.73, down 17% YoY

COMMUNITY FINANCIAL SYSTEM, INC.

2022-Q2 EPS reported $1.60 revenue$600,000

GAAP EPS $0.73 vs $0.88 a year ago; operating EPS (non-GAAP) $0.85 vs $0.88.
Net interest income rose 12% to $103.1M; net interest margin increased to 2.89% from 2.79%.
Completed Elmira Savings Bank acquisition; total loans up $722.4M (9.7%) vs Q1 2022.
Provision for credit losses of $6.0M (incl. $3.9M acquisition-related) vs a $4.3M benefit in Q2 2021.
Adjusted pre-tax pre-provision net revenue per share $1.13, up $0.07 from prior year.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.