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Community Financial: Q2 Earnings Snapshot
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SYRACUSE, N.Y. (AP) — SYRACUSE, N.Y. (AP) — Community Financial System, Inc. (CBU) on Tuesday reported second-quarter net income of $61.3 million.

On a per-share basis, the Syracuse, New York-based company said it had profit of $1.16.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The bank holding company posted revenue of $268.4 million in the period. Its adjusted revenue was $224 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $222.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBU at https://www.zacks.com/ap/CBU

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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