Similar companies
| Company | Revenue | |
|---|---|---|
 |
Nu HoldingsNU |
2.99B 1.6% |
 |
Banc of CaliforniaBANC |
425M 99.6% |
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 196M | 19.8% |
| Gross Profit | 196M | 172.9% |
| Operating expense | 196M | 3.9% |
| Net Income | 50M | 13.4% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 16.4B | 0.1% |
| Total Liabilities | 14.6B | 0% |
| Total Equity | 1.76B | 1.2% |
| Shares Outstanding | 53M | 0.8% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 66M | 15.6% |
| Cash from financing | -4.2M | 101.3% |
EPS
Financial Highlights for Community Bank System in Q4 '24
Community Bank System reported a revenue of 196M, which is a 19.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 196M, marking a 172.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 196M, showing a 3.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 50M, showing a 13.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Community Bank System with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
