Community Bank System Inc. Bottom Line Rises 36% In Q3

(RTTNews) - Community Bank System Inc. (CBU) revealed earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line rose to $37.75 million, or $0.73 per share. This was higher than $27.68 million, or $0.62 per share, in last year's third quarter.

Analysts had expected the company to earn $0.66 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Community Bank System Inc. earnings at a glance:

-Earnings (Q3): $37.75 Mln. vs. $27.68 Mln. last year. -Earnings Growth (Y-o-Y): 36.4% -EPS (Q3): $0.73 vs. $0.62 last year. -EPS Growth (Y-o-Y): 17.7% -Analysts Estimate: $0.66