CBU News and Press, Community Bank System Inc. From 06/26/23

Community Bank System Announces Second Quarter 2023 Earnings Conference Call PR Newswire 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 ...

2023-06-06 11:11:36 ET Community Bank System's ( NYSE: CBU ) stock gained 7.6% in Tuesday trading after Raymond James upgraded the Dewitt, New York-based bank holding company to Outperform from Market Perform, reflecting its strong fee income and low cost base. The bank's ...

2023-05-31 08:05:15 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Navigating the financial sector’s tumultuous waters has been incredibly challenging, especially with the unexpected collapse of Silicon Valley Bank in March. This event has cast a long...

2023-05-18 15:02:41 ET Fitch Ratings downgraded its long-term issuer default rating for PacWest Bancorp ( NASDAQ: PACW ), which has seen its stock sink after the March bank failures, to junk status (BB+) from investment grade (BBB-), according to a Thursday release. The move was...

2023-04-25 14:40:23 ET Community Bank System, Inc. (CBU) Q1 2023 Results Conference Call April 25, 2023 11:00 AM ET Company Participants Mark Tryniski - President and CEO Joseph Sutaris - EVP and CFO Dimitar Karaivanov - COO Conference Call Participants ...

2023-04-25 06:49:06 ET Community Bank System press release ( NYSE: CBU ): Q1 Non-GAAP EPS of $0.86 misses by $0.05 . Revenue of $124.5M (-22.4% Y/Y) misses by $31.02M . For further details see: Community Bank System Non-GAAP EPS of $0.86 misses by $0.05, ...

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2023 net income of $5.8 million, or $0.11 per fully-diluted share. This compares to $47.1 million of net income, or $0.86 per fully-diluted share for the first quarter of 2022. The $0.75 decrease in earni...

2023-04-24 13:29:03 ET Community Bank System ( NYSE: CBU ) is scheduled to announce Q1 earnings results on Tuesday, April 25th, before market open. The consensus EPS Estimate is $0.91 (flat Y/Y) and the consensus Revenue Estimate is $155.52M (-3.6% Y/Y). Over the last ...

2023-04-24 10:24:40 ET Major earning expected before the bell on Tuesday include: General Electric ( GE ) General Motors ( GM ) McDonald's ( MCD ) 3M ( MMM ) Verizon Communications ( VZ ) For further details see: Notable earnings before Tu...

2023-04-22 07:13:30 ET Summary The recent sale of treasuries and subsequent paydown of wholesale borrowing will lift the margin. The outlook for commercial loan growth is better than the outlook for the residential mortgage segment. The year-end target price suggests a high up...