Community Financial System (CBU) reported Q1 operating net income Tuesday of $0.98 per diluted share, up from $0.82 a year earlier.
Analysts polled by FactSet expected $0.91.
Revenue for the quarter ended March 31 was $196.2 million, up from $177.3 million a year earlier.
Four analysts surveyed by FactSet expected $197.1 million.
The company's shares were down 1% in recent premarket activity on Tuesday.