Community Bank System Inc. Earnings Rise 12% In Q3

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

The company said its bottom line totaled $25.02 million, or $0.60 per share. This was up from $22.37 million, or $0.54 per share, in last year's third quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Community Bank System Inc. earnings at a glance:

-Earnings (Q3): $25.02 Mln. vs. $22.37 Mln. last year. -Earnings Growth (Y-o-Y): 11.8% -EPS (Q3): $0.60 vs. $0.54 last year. -EPS Growth (Y-o-Y): 11.1% -Analysts Estimate: $0.59