Community Bank System, Inc. (CBU) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
11.93
↓-14% vs avg
5yr avg: 13.86
30Y Low7.7·High25.8
P/FCF
↓
14.32
↓-11% vs avg
5yr avg: 16.04
30Y Low5.6·High22.4
P/B Ratio
↓
1.78
-4% vs avg
5yr avg: 1.85
30Y Low0.8·High2.3
ROE
↑
11.2%
↓+14% vs avg
5yr avg: 9.8%
30Y Low7%·High18%
Debt/EBITDA
↑
2.35
↓-24% vs avg
5yr avg: 3.09
30Y Low1.2·High17.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CBU Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Community Bank System, Inc. trades at 16.0x earnings, 14% below its 5-year average of 18.6x, sitting at the 43rd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a premium of 20%. On a free-cash-flow basis, the stock trades at 14.3x P/FCF, 11% below the 5-year average of 16.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.3B | $3.2B | $3.3B | $2.8B | $3.4B | $4.1B | $3.3B | $3.7B | $3.0B | $2.7B | $2.8B |
| Enterprise Value | $3.8B | $3.7B | $4.1B | $3.4B | $4.3B | $2.5B | $2.0B | $3.8B | $3.2B | $2.9B | $2.8B |
| P/E Ratio → | 15.98 | 14.43 | 17.93 | 21.27 | 18.19 | 21.40 | 20.23 | 21.96 | 17.88 | 17.74 | 26.63 |
| P/S Ratio | 3.60 | 3.47 | 3.47 | 3.70 | 4.86 | 6.39 | 5.38 | 6.01 | 5.14 | 5.03 | 6.27 |
| P/B Ratio | 1.78 | 1.61 | 1.85 | 1.65 | 2.20 | 1.93 | 1.58 | 2.00 | 1.76 | 1.63 | 2.31 |
| P/FCF | 14.32 | 13.80 | 14.72 | 13.34 | 16.92 | 21.42 | 20.17 | 18.83 | 14.45 | 14.95 | 22.42 |
| P/OCF | 11.07 | 10.67 | 13.46 | 12.26 | 15.90 | 20.00 | 18.51 | 18.30 | 13.63 | 14.10 | 20.36 |
P/E links to full P/E history page with 30-year chart
CBU EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Community Bank System, Inc.'s enterprise value stands at 11.9x EBITDA, 14% below its 5-year average of 13.9x. This is roughly in line with the Financial Services sector median of 11.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.95 | 4.33 | 4.46 | 6.18 | 3.96 | 3.32 | 6.24 | 5.48 | 5.52 | 6.44 |
| EV / EBITDA | 11.93 | 11.55 | 15.33 | 17.16 | 16.03 | 9.23 | 8.65 | 15.92 | 13.01 | 15.19 | 16.23 |
| EV / EBIT | 12.98 | 12.57 | 17.19 | 20.05 | 18.06 | 10.39 | 9.94 | 18.37 | 15.11 | 18.37 | 18.37 |
| EV / FCF | — | 15.71 | 18.36 | 16.08 | 21.52 | 13.25 | 12.43 | 19.54 | 15.42 | 16.43 | 23.02 |
CBU Profitability
Margins and return-on-capital ratios measuring operating efficiency
Community Bank System, Inc. earns an operating margin of 31.4%, above the Financial Services sector average of 21.4%. Operating margins have expanded from 22.3% to 31.4% over the past 3 years, signaling improving operational efficiency. ROE of 11.2% is modest. ROIC of 7.9% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 73.4% | 73.4% | 76.9% | 84.7% | 94.6% | 99.3% | 94.3% | 94.3% | 95.1% | 95.3% | 95.6% |
| Operating Margin | 31.4% | 31.4% | 25.2% | 22.3% | 34.2% | 38.1% | 33.4% | 34.0% | 36.3% | 30.1% | 35.1% |
| Net Profit Margin | 22.7% | 22.7% | 19.4% | 17.5% | 26.8% | 29.9% | 26.7% | 27.4% | 28.7% | 28.3% | 23.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.2% | 11.2% | 10.5% | 8.1% | 10.3% | 9.0% | 8.3% | 9.5% | 10.1% | 10.6% | 8.9% |
| ROA | 1.2% | 1.2% | 1.1% | 0.8% | 1.2% | 1.3% | 1.3% | 1.5% | 1.6% | 1.6% | 1.2% |
| ROIC | 7.9% | 7.9% | 6.8% | 4.9% | 7.0% | 7.4% | 6.6% | 7.3% | 7.5% | 6.7% | 7.8% |
| ROCE | 3.0% | 3.0% | 9.8% | 8.8% | 13.1% | 11.2% | 10.0% | 11.1% | 11.9% | 10.4% | 10.9% |
CBU Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Community Bank System, Inc. carries a Debt/EBITDA ratio of 2.4x, which is manageable (43% below the sector average of 4.1x). Net debt stands at $445M ($747M total debt minus $302M cash). Interest coverage of just 1.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 0.37 | 0.57 | 0.45 | 0.73 | 0.16 | 0.18 | 0.19 | 0.24 | 0.30 | 0.21 |
| Debt / EBITDA | 2.35 | 2.35 | 3.76 | 3.89 | 4.20 | 1.22 | 1.57 | 1.43 | 1.67 | 2.51 | 1.42 |
| Net Debt / Equity | — | 0.22 | 0.46 | 0.34 | 0.60 | -0.74 | -0.61 | 0.08 | 0.12 | 0.16 | 0.06 |
| Net Debt / EBITDA | 1.40 | 1.40 | 3.04 | 2.92 | 3.43 | -5.69 | -5.38 | 0.58 | 0.82 | 1.37 | 0.43 |
| Debt / FCF | — | 1.91 | 3.64 | 2.74 | 4.60 | -8.17 | -7.74 | 0.71 | 0.97 | 1.48 | 0.60 |
| Interest Coverage | 1.51 | 1.51 | 1.22 | 1.62 | 10.40 | 18.55 | 9.87 | 7.88 | 12.05 | 11.61 | 13.69 |
CBU Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.49x means Community Bank System, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.24x to 1.49x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.49 | 1.49 | 0.04 | 0.24 | 0.31 | 0.51 | 0.45 | 0.35 | 0.36 | 0.37 | 0.40 |
| Quick Ratio | 1.49 | 1.49 | 0.04 | 0.24 | 0.31 | 0.51 | 0.45 | 0.35 | 0.36 | 0.37 | 0.40 |
| Cash Ratio | 1.25 | 1.25 | 0.01 | 0.01 | 0.01 | 0.14 | 0.14 | 0.02 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.05 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.06 | 0.05 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CBU Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Community Bank System, Inc. returns 3.1% to shareholders annually — split between a 2.7% dividend yield and 0.3% buyback yield. A payout ratio of 46.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 6.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.7% | 3.0% | 2.9% | 3.4% | 2.7% | 2.2% | 2.6% | 2.2% | 2.4% | 2.3% | 2.0% |
| Payout Ratio | 46.4% | 46.4% | 52.5% | 72.1% | 49.7% | 48.0% | 52.9% | 47.5% | 42.4% | 41.3% | 53.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.3% | 6.9% | 5.6% | 4.7% | 5.5% | 4.7% | 4.9% | 4.6% | 5.6% | 5.6% | 3.8% |
| FCF Yield | 7.0% | 7.2% | 6.8% | 7.5% | 5.9% | 4.7% | 5.0% | 5.3% | 6.9% | 6.7% | 4.5% |
| Buyback Yield | 0.3% | 0.3% | 1.4% | 1.1% | 0.5% | 0.1% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% |
| Total Shareholder Yield | 3.1% | 3.4% | 4.3% | 4.5% | 3.2% | 2.4% | 2.6% | 2.2% | 2.4% | 2.5% | 2.1% |
| Shares Outstanding | — | $56M | $53M | $54M | $54M | $54M | $53M | $52M | $52M | $50M | $45M |
Peer Comparison
Compare CBU with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CBUYou | $3B | 16.0 | 11.9 | 14.3 | 73.4% | 31.4% | 11.2% | 7.9% | 2.4 |
 TRMK | $3B | 12.1 | 9.5 | 11.4 | 71.0% | 25.5% | 11.0% | 7.1% | 3.4 |
 WSBC | $3B | 15.1 | 15.2 | 11.7 | 62.9% | 19.7% | 6.5% | 4.3% | 5.3 |
 NBTB | $2B | 13.4 | 10.3 | 10.7 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 FULT | $4B | 10.4 | 9.8 | 14.6 | 67.4% | 25.7% | 11.7% | 7.5% | 2.5 |
 IBCP | $690M | 10.3 | 9.3 | 9.8 | 69.6% | 25.8% | 14.3% | 10.2% | 1.4 |
 CZWI | $204M | 14.5 | 15.3 | 19.6 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 CNOB | $2B | 20.3 | 23.0 | 15.0 | 44.2% | 18.6% | 5.7% | 3.5% | 10.4 |
 WAFD | $3B | 13.5 | 12.9 | 13.0 | 50.9% | 20.5% | 7.5% | 3.9% | 6.1 |
 SFNC | $3B | -7.3 | — | 6.9 | 5.8% | -84.2% | -11.4% | -9.1% | — |
 BANR | $2B | 11.5 | 9.5 | 8.9 | 79.0% | 29.5% | 10.5% | 7.7% | 1.5 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonCBU — Frequently Asked Questions
Quick answers to the most common questions about buying CBU stock.
What is Community Bank System, Inc.'s P/E ratio?
Community Bank System, Inc.'s current P/E ratio is 16.0x. The historical average is 16.5x. This places it at the 43th percentile of its historical range.
What is Community Bank System, Inc.'s EV/EBITDA?
Community Bank System, Inc.'s current EV/EBITDA is 11.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.2x.
What is Community Bank System, Inc.'s ROE?
Community Bank System, Inc.'s return on equity (ROE) is 11.2%. The historical average is 10.5%.
Is CBU stock overvalued?
Based on historical data, Community Bank System, Inc. is trading at a P/E of 16.0x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Community Bank System, Inc.'s dividend yield?
Community Bank System, Inc.'s current dividend yield is 2.74% with a payout ratio of 46.4%.
What are Community Bank System, Inc.'s profit margins?
Community Bank System, Inc. has 73.4% gross margin and 31.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Community Bank System, Inc. have?
Community Bank System, Inc.'s Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.