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Community Bank System (Community Bank System) Selling, General, & Admin. Expense : $299.3 Mil (TTM As of Dec. 2023)


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What is Community Bank System Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Community Bank System's selling, general, & admin. expense for the three months ended in Dec. 2023 was $75.2 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $299.3 Mil.


Community Bank System Selling, General, & Admin. Expense Historical Data

The historical data trend for Community Bank System's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Community Bank System Selling, General, & Admin. Expense Chart

Community Bank System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.74 237.85 250.82 270.43 297.53

Community Bank System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.39 72.60 75.32 75.23 76.11

Competitive Comparison of Community Bank System's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Community Bank System's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Bank System's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community Bank System's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Community Bank System's Selling, General, & Admin. Expense falls into.



Community Bank System Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $299.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Community Bank System  (NYSE:CBU) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Community Bank System Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of Community Bank System's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Community Bank System (Community Bank System) Business Description

Industry
Traded in Other Exchanges
Address
5790 Widewaters Parkway, DeWitt, NY, USA, 13214-1883
Community Bank System Inc is a financial holding company. The company primarily operates through two wholly-owned subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services. Community Bank's business is operating a community bank providing a broad array of banking and financial services. These are offered chiefly to retail, commercial, and municipal customers in non-metropolitan markets, including small towns in upstate New York and Northeastern Pennsylvania. The company has historically relied on acquisitions to fuel growth, in addition to growing organically. A majority of its loan portfolio is tilted toward the consumer market on an installment, line of credit, or residential mortgage loan basis. The majority of the company's net revenue is net interest income.
Executives
Sally A Steele director
Jeffrey M Levy officer: President, Commercial Banking 52 SOUTH BROAD STREET, NORWICH NY 13815
Brian R Ace director
Dimitar Karaivanov officer: EVP Financial Serv & Corp Dev C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
Mark J. Bolus director R.R. 1, BOX 412A, DALTON PA 18414
John F. Whipple director 1692 GOODRICH AVENUE, OLEAN NY 14760
Michael N Abdo officer: EVP and General Counsel 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Jeffrey J Knauss director 2438 EAST LAKE ROAD, SKANEATELES NY 13152
George J Getman officer: Executive VP & General Counsel 7856 CAHILL ROAD, MANLIUS NY 13104
Maureen A Gillan-myer officer: EVP, Chief Human Resources Off C/O HSBC NORTH AMERICA, 452 FIFTH AVENUE, NEW YORK NY 10018
John Parente director 478 SCHOOLHOUSE ROAD, TUNKHANNOCK PA 18657
Joseph Jonathon Lemchak officer: SVP, Chief Investment Officer 4482 YOUNG ROAD, SYRACUSE NY 13215
Eric Stickels director 182 MAIN STREET, ONEIDA NY 13421
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408