Community Bank System, Inc. (CBU)

NYSE: CBU · IEX Real-Time Price · USD
61.02
+2.63 (4.50%)
Feb 2, 2023, 10:22 AM EST - Market open
4.5%
Market Cap 3.28B
Revenue (ttm) 648.94M
Net Income (ttm) 179.12M
Shares Out 53.73M
EPS (ttm) 3.29
PE Ratio 17.75
Forward PE 20.00
Dividend $1.74 (2.85%)
Ex-Dividend Date Dec 14, 2022
Volume 53,985
Open 59.06
Previous Close 58.39
Day's Range 59.05 - 61.02
52-Week Range 54.63 - 74.05
Beta 0.69
Analysts Sell
Price Target 65.89 (+7.98%)
Earnings Date Jan 24, 2023

About CBU

Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as checking, savings, and money market deposit accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial p... [Read more]

Sector Financials
Founded 1866
Employees 2,728
Stock Exchange NYSE
Ticker Symbol CBU
Full Company Profile

Financial Performance

In 2021, CBU's revenue was $629.49 million, an increase of 8.05% compared to the previous year's $582.61 million. Earnings were $189.69 million, an increase of 15.19%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CBU stock is "Sell." The 12-month stock price forecast is $65.89, which is an increase of 7.98% from the latest price.

Price Target
$65.89
(7.98% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Community Bank System, Inc. Announces Balance Sheet Repositioning

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced today the completion of a balance sheet repositioning related to its investment securities portfoli...

18 hours ago - Business Wire

Community Bank System (CBU) Tops Q4 Earnings Estimates

Community Bank (CBU) delivered earnings and revenue surprises of 1.05% and 0.94%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Community Bank System, Inc. Reports Fourth Quarter And Full Year 2022 Results

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter 2022 net income of $52.5 million, or $0.97 per fully-diluted share. This compares to ...

1 week ago - Business Wire

Community Bank System (CBU) Earnings Expected to Grow: Should You Buy?

Community Bank (CBU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Community Bank System Announces Fourth Quarter and Full Year 2022 Earnings Conference Call

SYRACUSE, N.Y. , Dec. 22, 2022 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance duri...

1 month ago - PRNewsWire

Community Bank System, Inc. Announces Quarterly Dividend

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock. The dividend...

2 months ago - Business Wire

Forget Big Banks. It pays to be smaller

Banks are in a bind. Rising interest rates should be good news for financial firms because they boost profitability for loans.

Other symbols: FHBTCBI
3 months ago - CNN Business

Community Bank System (CBU) Q3 Earnings Miss Estimates

Community Bank (CBU) delivered earnings and revenue surprises of -5.26% and 1.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Community Bank System, Inc. Reports Third Quarter 2022 Results

SYRACUSE, N.Y.

3 months ago - Business Wire

Community Bank System (CBU) Reports Next Week: Wall Street Expects Earnings Growth

Community Bank (CBU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Down 7.3% in 4 Weeks, Here's Why Community Bank (CBU) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for Community Bank (CBU) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analy...

4 months ago - Zacks Investment Research

Community Bank System Announces Third Quarter 2022 Earnings Conference Call

SYRACUSE, N.Y. , Sept. 23, 2022 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance dur...

4 months ago - PRNewsWire

Why Community Bank System (CBU) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Community Bank System (CBU) have what it takes?

4 months ago - Zacks Investment Research

Why Community Bank System (CBU) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Community Bank System (CBU) have what it takes?

5 months ago - Zacks Investment Research

Community Bank System, Inc. Announces Senior Management Changes

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced two senior management changes. Joseph F. Serbun, President, Retail Banking, of the Company and its wh...

5 months ago - Business Wire

Community Bank System (CBU) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Community Bank System (CBU) have what it takes?

5 months ago - Zacks Investment Research

This is Why Community Bank System (CBU) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Community Bank System (CBU) have what it takes?

6 months ago - Zacks Investment Research

Community Bank System (CBU) Q2 Earnings and Revenues Top Estimates

Community Bank (CBU) delivered earnings and revenue surprises of 4.94% and 3%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Community Bank System, Inc. Reports Second Quarter 2022 Results

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports Second Quarter 2022 Results

6 months ago - Business Wire

Community Bank System, Inc. Announces Increase to Its Quarterly Dividend Resulting in Its 30th Consecutive Year of Dividend Increases

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces Increase to Its Quarterly Dividend Resulting in Its 30th Consecutive Year of Dividend Increases

7 months ago - Business Wire

Analysts Estimate Community Bank System (CBU) to Report a Decline in Earnings: What to Look Out for

Community Bank (CBU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Community Bank System, Inc. and Jacobi Capital Management, LLC Announce Strategic Relationship and Collaboration

SYRACUSE, N.Y. & PITTSTON, Pa.--(BUSINESS WIRE)--Community Bank System, Inc. and Jacobi Capital Management, LLC Announce Strategic Relationship and Collaboration

7 months ago - Business Wire

Community Bank System Announces Second Quarter 2022 Earnings Conference Call

SYRACUSE, N.Y. , June 22, 2022 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance duri...

8 months ago - PRNewsWire

Community Bank System, Inc. Announces Quarterly Common Stock Dividend and Results of Annual Shareholders' Meeting

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces Quarterly Common Stock Dividend and Results of Annual Shareholders' Meeting

9 months ago - Business Wire

Community Bank, N.A. Completes Merger with Elmira Savings Bank and Expands Its Presence in the Central New York and Southern Tier Regions

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank, N.A. Completes Merger with Elmira Savings Bank and Expands Its Presence in the Central New York and Southern Tier Regions

9 months ago - Business Wire