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Community Financial System (FRA:CBY) Pretax Margin % : 29.92% (As of Mar. 2024)


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What is Community Financial System Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Community Financial System's Pre-Tax Income for the three months ended in Mar. 2024 was €48.8 Mil. Community Financial System's Revenue for the three months ended in Mar. 2024 was €163.1 Mil. Therefore, Community Financial System's pretax margin for the quarter that ended in Mar. 2024 was 29.92%.

The historical rank and industry rank for Community Financial System's Pretax Margin % or its related term are showing as below:

FRA:CBY' s Pretax Margin % Range Over the Past 10 Years
Min: 25.81   Med: 35.53   Max: 38.89
Current: 30.4


FRA:CBY's Pretax Margin % is ranked worse than
56.41% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs FRA:CBY: 30.40

Community Financial System Pretax Margin % Historical Data

The historical data trend for Community Financial System's Pretax Margin % 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.

* Premium members only.

Community Financial System Pretax Margin % Chart

Community Financial System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.49 34.55 38.89 35.37 25.81

Community Financial System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 5.61 35.07 31.93 24.75 29.92

Competitive Comparison of Community Financial System's Pretax Margin %

For the Banks - Regional subindustry, Community Financial System's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Financial System's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community Financial System's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Community Financial System's Pretax Margin % falls into.



Community Financial System Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Community Financial System's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=154.268/597.771
=25.81 %

Community Financial System's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=48.8/163.093
=29.92 %

* 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 Financial System  (FRA:CBY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Community Financial System Pretax Margin % Related Terms

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Community Financial System (FRA:CBY) Business Description

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.

Community Financial System (FRA:CBY) Headlines

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