Community Bank System, Inc. (CBU)
Market Cap | 2.53B |
Revenue (ttm) | 640.92M |
Net Income (ttm) | 131.92M |
Shares Out | 53.33M |
EPS (ttm) | 2.45 |
PE Ratio | 19.60 |
Forward PE | 14.76 |
Dividend | $1.80 (3.75%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 305,754 |
Open | 47.32 |
Previous Close | 47.40 |
Day's Range | 47.24 - 48.21 |
52-Week Range | 35.38 - 55.64 |
Beta | 0.66 |
Analysts | Hold |
Price Target | 50.00 (+4.1%) |
Earnings Date | Apr 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, institutional, 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 an... [Read more]
Financial Performance
In 2023, CBU's revenue was $640.92 million, a decrease of -3.56% compared to the previous year's $664.58 million. Earnings were $131.92 million, a decrease of -29.86%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for CBU stock is "Hold." The 12-month stock price forecast is $50.0, which is an increase of 4.10% from the latest price.
News
Community Bank System Announces First Quarter 2024 Earnings Conference Call
SYRACUSE, N.Y., March 25, 2024 (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 ...
Community Bank System, Inc. Announces Its Quarterly Dividend
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces Its Quarterly Dividend.
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.
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.
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...
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...
Community Bank System, Inc. Reports Third Quarter 2023 Results
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports Third Quarter 2023 Results.
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 ...
Community Bank System, Inc. Reports Second Quarter 2023 Results
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports Second Quarter 2023 Results.
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.
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.
Community Bank System, Inc. Announces CEO Succession Plan
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Announces CEO Succession Plan.
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...
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.
Community Bank System, Inc. Reports First Quarter 2023 Results
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc. Reports First Quarter 2023 Results.
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...
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...
Community Bank System, Inc. Announces Quarterly Dividend
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank System, Inc.
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...
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 ...
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...
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.
Community Bank System, Inc. Reports Third Quarter 2022 Results
SYRACUSE, N.Y.
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...
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...