Community Bank System Q1 Profit Up - Quick Facts

(RTTNews) - Community Bank System Inc. (CBU) Tuesday reported first-quarter profit of $22.2 million or $0.54 per share, up from $20.2 million or $0.50 per share in the same period last year.

On average, seven analysts polled by Thomson Reuters expected the company to earn $0.52 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 4.7 percent to $88.5 million from last year. Net-interest income totaled $60.11 million, up from $58.43 million last year. Non-interest income totaled $28.35 million, up from $26.11 million last year.