NYSE:CBUCommunity Bank System Stock Price, Forecast & News

$60.37

-2.80 (-4.43 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$60.20

Now: $60.37▼

$63.98

50-Day Range

$51.93

MA: $59.00▼

$66.48

52-Week Range

$47.01

Now: $60.37▼

$72.63

Volume31,415 shs

Average Volume303,297 shs

Market Capitalization$3.15 billion

P/E Ratio18.92

Dividend Yield2.78%

Beta0.8

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 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, 2018, it had 224 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.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Community Bank System has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $65.00, Community Bank System has a potential upside of 7.5% from its current price of $60.44.
Amount of Analyst Coverage
Community Bank System has only been the subject of 1 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Community Bank System has received 191 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Community Bank System has received 362 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Community Bank System has received 65.46% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Community Bank System is a leading dividend payer. It pays a dividend yield of 2.78%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Community Bank System has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Community Bank System is 49.85 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Community Bank System will have a dividend payout ratio of 66.13 % next year. This indicates that Community Bank System will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Community Bank System insiders have sold 2,022.36% more of their company's stock than they have bought. Specifically, they have bought $36,585.00 in company stock and sold $776,464.00 in company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Community Bank System is held by insiders.
Percentage Held by Institutions
71.81% of the stock of Community Bank System is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Community Bank System are expected to grow by 1.22% in the coming year, from $2.45 to $2.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Community Bank System is 18.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Community Bank System is 18.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.44.
Price to Book Value per Share Ratio
Community Bank System has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.82 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:CBU

Previous Symbol

CUSIP20360710

CIK723188

Webwww.cbna.com

Phone315-445-2282

Debt

Debt-to-Equity Ratio0.05

Current Ratio0.76

Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio18.92

Forward P/E Ratio24.64

P/E GrowthN/A

Sales & Book Value

Annual Sales$616.35 million

Price / Sales5.10

Cash Flow$3.92 per share

Price / Cash Flow15.39

Book Value$37.94 per share

Price / Book1.59

Profitability

EPS (Most Recent Fiscal Year)$3.29

Net Income$169.06 million

Net Margins26.82%

Return on Equity9.20%

Return on Assets1.51%

Miscellaneous

Employees3,038

Outstanding Shares52,100,000

Market Cap$3.15 billion

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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Community Bank System (NYSE:CBU) Frequently Asked Questions

How has Community Bank System's stock been impacted by COVID-19 (Coronavirus)?

Community Bank System's stock was trading at $54.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CBU shares have increased by 10.7% and is now trading at $60.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Community Bank System?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Bank System in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Community Bank System.

When is Community Bank System's next earnings date?

Community Bank System is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Community Bank System.

How were Community Bank System's earnings last quarter?

Community Bank System, Inc. (NYSE:CBU) issued its quarterly earnings results on Monday, April, 20th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.04. The bank had revenue of $148.30 million for the quarter, compared to analysts' expectations of $148.74 million. Community Bank System had a return on equity of 9.20% and a net margin of 26.82%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $0.81 EPS. View Community Bank System's earnings history.

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 Wednesday, May 20th. Investors of record on Monday, June 15th will be paid a dividend of $0.41 per share on Friday, July 10th. This represents a $1.64 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, June 12th. View Community Bank System's dividend history.

What price target have analysts set for CBU?

1 Wall Street analysts have issued twelve-month price objectives for Community Bank System's stock. Their forecasts range from $65.00 to $65.00. On average, they anticipate Community Bank System's stock price to reach $65.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View analysts' price targets for Community Bank System.

Has Community Bank System been receiving favorable news coverage?

News stories about CBU stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Community Bank System earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCommunity Bank System.

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

Some companies that are related to Community Bank System include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all 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 Boeing (BA), Intel (INTC), Las Vegas Sands (LVS), Netflix (NFLX), PepsiCo (PEP), Schlumberger (SLB), Toro (TTC), Exxon Mobil (XOM), AbbVie (ABBV) and Bristol-Myers Squibb (BMY).

Who are Community Bank System's key executives?

Community Bank System's management team includes the following people:

Mr. Mark E. Tryniski, Pres, CEO & Director (Age 59)
Mr. Joseph E. Sutaris, Exec. VP, CFO & Treasurer (Age 52)
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)

What is Community Bank System's stock symbol?

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

Who are Community Bank System's major shareholders?

Community Bank System's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.30%), State Street Corp (8.30%), Champlain Investment Partners LLC (1.97%), Federated Hermes Inc. (1.78%), Geode Capital Management LLC (1.38%) and Bank of New York Mellon Corp (1.30%). Company insiders that own Community Bank System stock include Brian R Ace, Eric Stickels, John F Whipple, Joseph F Serbun, Kerrie D Macpherson, Mark E Tryniski, Mark J Bolus, R Kallet Michael and Scott Allen Kingsley. View institutional ownership trends for Community Bank System.

Which major investors are selling Community Bank System stock?

CBU stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Public Sector Pension Investment Board, Arizona State Retirement System, Chicago Equity Partners LLC, Bahl & Gaynor Inc., and Bank of New York Mellon Corp. Company insiders that have sold Community Bank System company stock in the last year include Brian R Ace, Eric Stickels, Joseph F Serbun, R Kallet Michael, and Scott Allen Kingsley. View insider buying and selling activity for Community Bank System.

Which major investors are buying Community Bank System stock?

CBU stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, BlackRock Inc., Schroder Investment Management Group, Elizabeth Park Capital Advisors Ltd., Geode Capital Management LLC, Strs Ohio, Eaton Vance Management, and Nuveen Asset Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Community Bank System's stock price today?

One share of CBU stock can currently be purchased for approximately $60.44.

How big of a company is Community Bank System?

Community Bank System has a market capitalization of $3.15 billion and generates $616.35 million in revenue each year. The bank earns $169.06 million in net income (profit) each year or $3.29 on an earnings per share basis. Community Bank System employs 3,038 workers across the globe.

What is Community Bank System's official website?

The official website for Community Bank System is www.cbna.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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff