NYSE:CBU - Community Bank System Stock Price, News, & Analysis

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$64.62 +0.50 (+0.78 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$64.62
Today's Range$63.78 - $64.63
52-Week Range$52.26 - $67.07
Volume121,320 shs
Average Volume198,299 shs
Market Capitalization$3.31 billion
P/E Ratio19.18
Dividend Yield2.37%
Beta0.91
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and 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 accounts, as well as time deposits. It also provides loans comprising consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and lines of credit for consumers; and home equity products. In addition, the company offers broker-dealer and investment advisory services; and asset management services to individuals, corporations, corporate pension and profit sharing plans, and foundations, as well as operates as a full-service insurance agency that offers personal and commercial property insurance, and other risk management products and services. Further, it offers contribution plan administration services, actuarial and benefits consulting services, and collective investment fund administration and institutional trust services, as well as employee benefit trust, retirement plan administration, VEBA/HRA, and health and welfare consulting services. Additionally, the company provides wealth management, higher educational planning, fiduciary, risk management, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and advisory products, as well as transfer agency and master recordkeeping services. As of December 31, 2017, it had 225 branches in Upstate New York as well as Northeastern Pennsylvania, Vermont, and Western Massachusetts. Community Bank System, Inc. was founded in 1866 and is headquartered in DeWitt, New York.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP20360710
Phone315-445-2282

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$586.79 million
Cash Flow$3.8191 per share
Book Value$33.50 per share

Profitability

Net Income$168.64 million

Miscellaneous

Employees2,874
Market Cap$3.31 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

Community Bank System (NYSE:CBU) Frequently Asked Questions

What is Community Bank System's stock symbol?

Community Bank System trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBU."

How often does Community Bank System pay dividends? What is the dividend yield for Community Bank System?

Community Bank System declared a quarterly dividend on Friday, February 22nd. Investors of record on Friday, March 15th will be given a dividend of $0.38 per share on Wednesday, April 10th. This represents a $1.52 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, March 14th. View Community Bank System's Dividend History.

How will Community Bank System's stock buyback program work?

Community Bank System declared that its Board of Directors has authorized a stock buyback program on Thursday, April 6th 2017, which authorizes the company to repurchase 2,200,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Community Bank System's earnings last quarter?

Community Bank System, Inc. (NYSE:CBU) issued its earnings results on Wednesday, January, 23rd. The bank reported $0.78 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.80 by $0.02. The bank had revenue of $141.61 million for the quarter, compared to analyst estimates of $142.54 million. Community Bank System had a net margin of 28.74% and a return on equity of 10.54%. During the same period last year, the company earned $0.64 EPS. View Community Bank System's Earnings History.

When is Community Bank System's next earnings date?

Community Bank System is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Community Bank System.

What price target have analysts set for CBU?

4 brokerages have issued 1 year target prices for Community Bank System's shares. Their forecasts range from $56.00 to $59.00. On average, they anticipate Community Bank System's stock price to reach $57.6667 in the next twelve months. This suggests that the stock has a possible downside of 10.8%. View Analyst Price Targets for Community Bank System.

What is the consensus analysts' recommendation for Community Bank System?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Bank System in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Community Bank System.

What are Wall Street analysts saying about Community Bank System stock?

Here are some recent quotes from research analysts about Community Bank System stock:
  • 1. According to Zacks Investment Research, "Community Bank System, Inc. is a bank holding company. " (1/25/2019)
  • 2. Boenning Scattergood analysts commented, "We are maintaining our Neutral rating on shares of CBU with the stock trading at a significant premium to peers on forward P/E 2019 (18.8x vs. 11.0x) and price-to- tangible book (3.5x vs. 1.8x). We feel a premium is justified given the company’s consistent business strategy and above-peer profitability. We are modeling a 1.55+% ROA in 2019 and 2020. The challenge for the company today is finding attractive opportunities to deploy capital. With its footprint in low-growth markets, acquisitions of both banks and fee-income businesses could be used to supplement organic growth. The acquisition of Kinderhook Bank Corp. (NUBK- $60.34-Not Rated), announced January 22, 2019, will meaningfully expand the company’s presence in the Albany, NY area and will be accretive to earnings in 2019 and beyond." (1/23/2019)

Has Community Bank System been receiving favorable news coverage?

Media coverage about CBU stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Community Bank System earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near term.

Who are some of Community Bank System's key competitors?

What other stocks do shareholders of Community Bank System own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Community Bank System investors own include Schlumberger (SLB), Boeing (BA), General Electric (GE), Netflix (NFLX), Bristol-Myers Squibb (BMY), Intel (INTC), Starbucks (SBUX), Pfizer (PFE), Polaris Industries (PII) and Novavax (NVAX).

Who are Community Bank System's key executives?

Community Bank System's management team includes the folowing people:
  • Mr. Mark E. Tryniski, CEO, Pres & Director (Age 59)
  • Mr. Scott A. Kingsley CPA, Exec. VP & COO (Age 54)
  • Mr. George J. Getman, Exec. VP & Gen. Counsel (Age 62)
  • Mr. Joseph F. Serbun, Exec. VP & Chief Credit Officer (Age 58)
  • Mr. Joseph E. Sutaris, Exec. VP & CFO (Age 52)

Who are Community Bank System's major shareholders?

Community Bank System's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Dimensional Fund Advisors LP (3.82%), Northern Trust Corp (2.03%), Macquarie Group Ltd. (1.69%), Bank of New York Mellon Corp (1.34%) and Geode Capital Management LLC (1.08%). Company insiders that own Community Bank System stock include Brian D Donahue, Brian R Ace, Edward S Mucenski, Eric Stickels, Jeffrey L Davis, John F Whipple, Joseph F Serbun, Mark E Tryniski, Mark J Bolus, Nicholas A Dicerbo and R Kallet Michael. View Institutional Ownership Trends for Community Bank System.

Which institutional investors are selling Community Bank System stock?

CBU stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Northern Trust Corp, Eagle Asset Management Inc., Bank of New York Mellon Corp, Two Sigma Advisers LP, Barclays PLC, Community Bank N.A. and MetLife Investment Advisors LLC. Company insiders that have sold Community Bank System company stock in the last year include Brian D Donahue, Brian R Ace, Eric Stickels, John F Whipple, Joseph F Serbun, Mark E Tryniski, Mark J Bolus and R Kallet Michael. View Insider Buying and Selling for Community Bank System.

Which institutional investors are buying Community Bank System stock?

CBU stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Segall Bryant & Hamill LLC, Geode Capital Management LLC, 361 Capital LLC, Bank of America Corp DE, Millennium Management LLC and Principal Financial Group Inc.. View Insider Buying and Selling for Community Bank System.

How do I buy shares of Community Bank System?

Shares of CBU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Community Bank System's stock price today?

One share of CBU stock can currently be purchased for approximately $64.62.

How big of a company is Community Bank System?

Community Bank System has a market capitalization of $3.31 billion and generates $586.79 million in revenue each year. The bank earns $168.64 million in net income (profit) each year or $3.37 on an earnings per share basis. Community Bank System employs 2,874 workers across the globe.

What is Community Bank System's official website?

The official website for Community Bank System is http://www.communitybankna.com.

How can I contact Community Bank System?

Community Bank System's mailing address is 5790 WIDEWATERS PKWY, DEWITT NY, 13214. The bank can be reached via phone at 315-445-2282 or via email at [email protected]


MarketBeat Community Rating for Community Bank System (NYSE CBU)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  411
MarketBeat's community ratings are surveys of what our community members think about Community Bank System and other stocks. Vote "Outperform" if you believe CBU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBU will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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