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CBU (Community Financial System) Total Assets : $16,386.0 Mil (As of Dec. 2024)


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What is Community Financial System Total Assets?

Community Financial System's Total Assets for the quarter that ended in Dec. 2024 was $16,386.0 Mil.

Warning Sign:

If a company builds assets at 14.2% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Community Financial System's average Total Assets Growth Rate was 27.60% per year. During the past 3 years, the average Total Assets Growth Rate was 22.00% per year. During the past 5 years, the average Total Assets Growth Rate was 14.20% per year. During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 13 years, Community Financial System's highest 3-Year average Total Assets Growth Rate was 24.70%. The lowest was -3.10%. And the median was 10.10%.

Total Assets is connected with ROA %. Community Financial System's annualized ROA % for the quarter that ended in Dec. 2024 was 1.21%. Total Assets is also linked to Revenue through Asset Turnover. Community Financial System's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


Community Financial System Total Assets Historical Data

The historical data trend for Community Financial System's Total Assets 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 Total Assets Chart

Community Financial System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,931.09 15,552.66 15,835.65 15,555.75 16,386.04

Community Financial System Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets 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 15,555.75 15,858.67 15,906.82 16,404.70 16,386.04

Community Financial System Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Community Financial System's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1762.835+14623.209
=16,386.0

Community Financial System's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1762.835+14623.209
=16,386.0

* 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  (NYSE:CBU) Total Assets Explanation

Total Assets is connected with ROA %.

Community Financial System's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=199.172/( (16404.7+16386.044)/ 2 )
=199.172/16395.372
=1.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Community Financial System's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=196.287/( (16404.7+16386.044)/ 2 )
=196.287/16395.372
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Community Financial System Total Assets Related Terms

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Community Financial System Business Description

Traded in Other Exchanges
Address
5790 Widewaters Parkway, DeWitt, NY, USA, 13214-1883
Community Financial System Inc is a diversified financial services company providing a broad array of banking and other financial services to retail, commercial, institutional and governmental customers. The Company also offers comprehensive financial planning, trust administration and wealth management services through its Community Bank Wealth Management operating unit. It has four reportable operating business segments: Banking and Corporate, Employee Benefit Services, Insurance Services and Wealth Management Services.
Executives
Jeffrey M Levy officer: President, Commercial Banking 52 SOUTH BROAD STREET, NORWICH NY 13815
John F. Whipple director 1692 GOODRICH AVENUE, OLEAN NY 14760
Mark J. Bolus director R.R. 1, BOX 412A, DALTON PA 18414
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
Dimitar Karaivanov officer: EVP Financial Serv & Corp Dev C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Sally A Steele director
Brian R Ace director
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