Community Bank System, Inc. (CBU)

NYSE: CBU · IEX Real-Time Price · USD
44.36
+0.32 (0.73%)
Feb 27, 2024, 12:50 PM EST - Market open
0.73%
Market Cap 2.35B
Revenue (ttm) 641.19M
Net Income (ttm) 150.75M
Shares Out 53.33M
EPS (ttm) 2.79
PE Ratio 15.78
Forward PE 13.47
Dividend $1.80 (4.06%)
Ex-Dividend Date Mar 14, 2024
Volume 50,353
Open 44.33
Previous Close 44.04
Day's Range 44.06 - 44.60
52-Week Range 35.38 - 61.46
Beta 0.68
Analysts Buy
Price Target 54.00 (+21.73%)
Earnings Date Jan 23, 2024

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 interest and noninterest -bearing checking, savings, and money market deposit accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial lo... [Read more]

Sector Financials
Founded 1866
Employees 2,927
Stock Exchange NYSE
Ticker Symbol CBU
Full Company Profile

Financial Performance

In 2022, CBU's revenue was $664.58 million, an increase of 5.58% compared to the previous year's $629.49 million. Earnings were $188.08 million, a decrease of -0.85%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CBU stock is "Buy." The 12-month stock price forecast is $54.0, which is an increase of 21.73% from the latest price.

Price Target
$54.0
(21.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Community Bank System, Inc. Announces Its Quarterly Dividend

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces Its Quarterly Dividend.

12 days ago - Business Wire

Community Bank System, Inc. Reports Fourth Quarter And Full Year 2023 Results

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports Fourth Quarter and Full Year 2023 Results.

5 weeks ago - Business Wire

Community Bank System, Inc. Elects Michele Sullivan as New Independent Director

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Elects Michele Sullivan as New Independent Director.

5 weeks ago - Business Wire

Community Bank System Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

SYRACUSE, N.Y., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance d...

2 months ago - GlobeNewsWire

Transamerica Teams with State Street Global Advisors to Help More Americans Become Retirement Ready

The recordkeeping powerhouse joins a consortium of industry leaders to deliver lifetime income through innovative target date series SCOTTSDALE, Ariz. , Nov. 9, 2023 /PRNewswire/ -- ARS (previously An...

3 months ago - PRNewsWire

Community Bank System, Inc. Reports Third Quarter 2023 Results

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports Third Quarter 2023 Results.

4 months ago - Business Wire

Community Bank System Announces Third Quarter 2023 Earnings Conference Call

SYRACUSE, N.Y., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance ...

5 months ago - GlobeNewsWire

Community Bank System, Inc. Reports Second Quarter 2023 Results

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports Second Quarter 2023 Results.

7 months ago - Business Wire

Community Bank System, Inc. Announces Increase to Its Quarterly Dividend Resulting in Its 31st Consecutive Year of Dividend Increases

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces Increase to Its Quarterly Dividend Resulting in Its 31st Consecutive Year of Dividend Increases.

7 months ago - Business Wire

Community Bank Systems promotes COO to CEO position

Community Bank Systems Inc. CBU, +3.46% on Wednesday named Dimitar A. Karaivanov as its chief executive officer after current CEO Mark E.

8 months ago - Market Watch

Community Bank System, Inc. Announces CEO Succession Plan

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces CEO Succession Plan.

8 months ago - Business Wire

Community Bank System Announces Second Quarter 2023 Earnings Conference Call

SYRACUSE, N.Y. , June 26, 2023 /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.

10 months ago - Business Wire

Community Bank System, Inc. Reports First Quarter 2023 Results

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports First Quarter 2023 Results.

11 months ago - Business Wire

State Street Global Advisors, Global Trust Company, and Annexus Retirement Solutions Launch Target Date Series That Aims to Deliver Lifetime Income

This innovative, low-cost solution is helping redefine how the industry delivers in-plan income SCOTTSDALE, Ariz. , April 19, 2023 /PRNewswire/ -- Global Trust Company (GTC), along with State Street G...

11 months ago - PRNewsWire

Community Bank System Announces First Quarter 2023 Earnings Conference Call

SYRACUSE, N.Y. , March 27, 2023 /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...

1 year ago - PRNewsWire

Community Bank System, Inc. Announces Quarterly Dividend

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc.

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 year ago - Business Wire

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 year ago - PRNewsWire

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
1 year ago - CNN Business

Community Bank System, Inc. Reports Third Quarter 2022 Results

SYRACUSE, N.Y.

1 year ago - Business Wire

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...

1 year ago - PRNewsWire

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...

1 year ago - Business Wire

Community Bank System, Inc. Reports Second Quarter 2022 Results

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

1 year ago - Business Wire