Community Bank System, Inc.

CBU

US2036071064

Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-05-14 pm EDT			5-day change	1st Jan Change
47.64 ^USD	+1.10%		+2.01%	-8.58%

Apr. 23	Transcript : Community Bank System, Inc., Q1 2024 Earnings Call, Apr 23, 2024
Apr. 23	Tranche Update on Community Bank System, Inc.'s Equity Buyback Plan announced on December 22, 2023.	CI

Community Bank System, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

July 31, 2023 at 09:26 am EDT

Community Bank System, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 109.28 million compared to USD 103.14 million a year ago. Net income was USD 48.29 million compared to USD 39.81 million a year ago. Basic earnings per share from continuing operations was USD 0.9 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.89 compared to USD 0.73 a year ago.
For the six months, net interest income was USD 220.31 million compared to USD 198.01 million a year ago. Net income was USD 54.09 million compared to USD 86.86 million a year ago. Basic earnings per share from continuing operations was USD 1 compared to USD 1.61 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 1.6 a year ago.

Latest news about Community Bank System, Inc.

Transcript : Community Bank System, Inc., Q1 2024 Earnings Call, Apr 23, 2024	Apr. 23
Tranche Update on Community Bank System, Inc.'s Equity Buyback Plan announced on December 22, 2023.	Apr. 23	CI
Community Bank System, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
Community Bank System's Q1 Non-GAAP Operating Earnings Fall, Revenue Rises	Apr. 23	MT
Community Bank System Keeps Quarterly Cash Dividend at $0.45 a Share, Payable April 10 to Holders of Record March 15	Feb. 14	MT
Community Bank System, Inc. Announces Quarterly Dividend, Payable on April 10, 2024	Feb. 14	CI
Community Bank Appoints Dan Kennell as New Commercial Banking Officer	Feb. 02	CI
Transcript : Community Bank System, Inc., Q4 2023 Earnings Call, Jan 23, 2024	Jan. 23
Community Bank System, Inc. Reports Net Charge-Offs for the Fourth Quarter 2023	Jan. 23	CI
Community Bank System, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 23	CI
Tranche Update on Community Bank System, Inc.'s Equity Buyback Plan announced on December 22, 2023.	Jan. 23	CI
Tranche Update on Community Bank System, Inc.'s Equity Buyback Plan announced on December 19, 2022.	Jan. 23	CI
Community Bank System Q4 Adjusted Earnings Fall, Revenue Rises	Jan. 23	MT
North American Morning Briefing : Stock Futures Steady as Earnings Season Ramps Up	Jan. 23	DJ
Community Bank System, Inc. Elects Michele Sullivan as Independent Director, Effective as of February 1, 2024	Jan. 19	CI
Community Bank Names Jeff Levy as New Chief Banking Officer	Jan. 07	CI
Community Bank System, Inc.'s Equity Buyback announced on December 19, 2022 has expired with 607,161 shares, representing 1.13% for $29.65 million.	Dec. 30	CI
Community Bank System Insider Sold Shares Worth $498,670, According to a Recent SEC Filing	Dec. 27	MT
Community Bank System, Inc. and Community Bank, N.A. Appoint Dimitar Karaivanov to Serve as Director, Effective as of January 1, 2024	Dec. 22	CI
Community Bank System, Inc. announces an Equity Buyback for 2,697,000 shares.	Dec. 22	CI
Community Bank System, Inc. authorizes a Buyback Plan.	Dec. 19	CI
Community Bank System Maintains Quarterly Dividend at $0.45 Per Share, Payable Jan. 10 to Shareholders of Record Dec. 15	Nov. 15	MT
Community Bank System, Inc. Announces its Quarterly Dividend, Payable on January 10, 2024	Nov. 15	CI
Raymond James Cuts Price Target on Community Bank System to $45 From $60, Maintains Outperform Rating	23-10-25	MT
Transcript : Community Bank System, Inc., Q3 2023 Earnings Call, Oct 24, 2023	23-10-24

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Company Profile

Community Bank System, Inc. is a financial holding company. The Company operates as a diversified financial services enterprise providing an array of banking and other financial services to retail, commercial, institutional and municipal customers. It owns two subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services, Inc. (BPAS). Its segments include Banking, Employee Benefit Services and All Other. The Banking segment provides an array of lending and depository-related products and services to individuals, businesses and governmental units. The Banking segment provides treasury management solutions and payment processing services. Its Employee Benefit Services segment comprises BPAS and its subsidiaries, provides collective investment fund, retirement plan and health savings account administration, fund administration, transfer agency, actuarial, and health and welfare consulting services. The All Other segment comprises wealth management and insurance services.

Sector

Banks

Calendar

2024-05-15 - Annual General Meeting

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Russell 2000

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Ratings for Community Bank System, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

47.12 USD

Average target price

51.86 USD

Spread / Average Target

+10.05%

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