View ValuationCommunity Financial System 향후 성장Future 기준 점검 1/6Community Financial System은 연간 수입과 매출이 각각 14.9%와 9.6% 증가할 것으로 예상되고 EPS는 연간 14.6%만큼 증가할 것으로 예상됩니다.핵심 정보14.9%이익 성장률14.58%EPS 성장률Banks 이익 성장8.2%매출 성장률9.6%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트05 May 2026최근 향후 성장 업데이트Price Target Changed • Oct 23Price target increased by 7.5% to US$64.75Up from US$60.25, the current price target is an average from 4 analysts. New target price is 11% above last closing price of US$58.12. Stock is up 54% over the past year. The company is forecast to post earnings per share of US$3.40 for next year compared to US$2.45 last year.Price Target Changed • Jul 24Price target increased by 8.2% to US$56.75Up from US$52.43, the current price target is an average from 4 analysts. New target price is 5.6% below last closing price of US$60.13. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$3.42 for next year compared to US$2.45 last year.분석 기사 • Jan 26The Community Bank System, Inc. (NYSE:CBU) Yearly Results Are Out And Analysts Have Published New ForecastsCommunity Bank System, Inc. ( NYSE:CBU ) came out with its yearly results last week, and we wanted to see how the...Price Target Changed • Jan 10Price target increased by 8.4% to US$52.43Up from US$48.36, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$50.25. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.Price Target Changed • Dec 27Price target increased by 9.4% to US$48.36Up from US$44.21, the current price target is an average from 7 analysts. New target price is 9.1% below last closing price of US$53.19. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.Price Target Changed • Sep 15Price target increased by 7.3% to US$56.86Up from US$53.00, the current price target is an average from 7 analysts. New target price is 30% above last closing price of US$43.64. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$2.72 for next year compared to US$3.48 last year.모든 업데이트 보기Recent updates속보 • May 20Community Financial System Posts Record Q1 Earnings With 9% Revenue Growth and ClearPoint Acquisition PlansCommunity Financial System reported Q1 2026 net income of US$57.2 million, with diluted EPS of US$1.08, its fourth consecutive quarter of record operating results. Total revenue grew 9% year over year, supported by ongoing increases in net interest income across all business segments and a supportive interest rate backdrop. The company highlighted strong asset quality metrics, solid liquidity, disciplined expenses, and continued progress toward an all-cash acquisition of ClearPoint Federal Bank & Trust, valued at about US$40 million and managing over US$1.5 billion in assets. The combination of record earnings, rising net interest income and low nonperforming loan levels suggests that the current business mix and risk controls are working well together for the bank. Investors may want to watch how the ClearPoint acquisition and continued branch expansion affect future integration costs, credit metrics and overall earnings consistency.Reported Earnings • Apr 30First quarter 2026 earnings: EPS in line with expectations, revenues disappointFirst quarter 2026 results: EPS: US$1.08 (up from US$0.94 in 1Q 2025). Revenue: US$207.7m (up 9.5% from 1Q 2025). Net income: US$57.2m (up 16% from 1Q 2025). Profit margin: 28% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 26Fourth quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 15th June 2026 Payment date: 10th July 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (46% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 23Community Financial System, Inc. Announces Quarterly Dividend, Payable on July 10, 2026Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on July 10, 2026 to shareholders of record as of June 15, 2026. The $0.47 cash dividend represents an annualized yield of 3.0% based on the closing share price of $62.70 on April 21, 2026.공시 • Mar 30Community Financial System, Inc., Annual General Meeting, May 20, 2026Community Financial System, Inc., Annual General Meeting, May 20, 2026.공시 • Mar 19Community Financial System, Inc. to Report Q1, 2026 Results on Apr 29, 2026Community Financial System, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 29, 2026New Risk • Mar 17New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$333k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Upcoming Dividend • Mar 09Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 16 March 2026. Payment date: 10 April 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.5%).Reported Earnings • Mar 02Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$3.98 (up from US$3.46 in FY 2024). Revenue: US$796.7m (up 10% from FY 2024). Net income: US$210.5m (up 15% from FY 2024). Profit margin: 26% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 12Community Financial System (NYSE:CBU) Is Paying Out A Dividend Of $0.47The board of Community Financial System, Inc. ( NYSE:CBU ) has announced that it will pay a dividend of $0.47 per share...공시 • Feb 12Community Financial System, Inc. Appoints Brenda M. Hall as Independent Director and Risk Committee Member, Effective March 1, 2026Community Financial System, Inc. announced the appointment of Brenda M. Hall to its Board of Directors as a new independent director, effective as of March 1, 2026. Brenda M. Hall is the former Executive Vice President and Chief Operating Officer of Standard Lines at Selective Insurance Group, Inc., where she built a distinguished 24-year career marked by progressive advancement and increasing leadership responsibilities. During her tenure at Selective, Ms. Hall most recently served as Chief Operating Officer from October 2019 until her retirement in January 2026. In this role, she oversaw the company’s largest business segment, leading the development and execution of growth strategies, expansion into new geographic markets, enhancement of data-driven operations, and integration of predictive modeling into underwriting processes. Prior to her role as COO, Ms. Hall held several senior leadership positions at Selective, including Senior Vice President, Chief Strategic Operations Officer, and Senior Vice President, Director of Field Underwriting. Ms. Hall brings to the Board extensive C-suite level experience in the property and casualty insurance industry, with expertise in enterprise strategy, public company oversight, risk management, customer service, and regulatory compliance. The Board has determined that Ms. Hall qualifies as an independent director under New York Stock Exchange and Board standards. With her appointment, the Board now consists of 14 directors, 13 of whom are independent. Ms. Hall also joined the Board of Directors of Community Bank, N.A., the Company’s banking subsidiary, and will serve on the Risk Committee of the Company and the Bank.공시 • Jan 28Community Financial System, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2025Community Financial System, Inc. reported net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net charge-offs of $2,328,000 against $3,211,000 a year ago.Reported Earnings • Jan 28Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$3.98 (up from US$3.45 in FY 2024). Revenue: US$796.7m (up 10% from FY 2024). Net income: US$210.5m (up 16% from FY 2024). Profit margin: 26% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Jan 27Community Financial System: Still Offering Growth At A Reasonable PriceSummary Community Financial System continues to benefit from favorable balance sheet repricing, driving strong interest margin expansion and earnings growth. CBU's diversified revenue mix, with around 40% from non-interest income, is also being supported by buoyant asset markets. Credit quality remains robust, with net charge-offs at 0.09% and non-performing loans at 0.52%. Shares trade at a reasonable 14.6x trailing earnings, with NIM-driven growth and a 3% dividend yield giving investors a good shot at realizing a double-digit annualized return. Read the full article on Seeking Alpha분석 기사 • Jan 25Community Financial System (NYSE:CBU) Is Due To Pay A Dividend Of $0.47Community Financial System, Inc. ( NYSE:CBU ) will pay a dividend of $0.47 on the 10th of April. This means that the...Declared Dividend • Jan 25Third quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 16th March 2026 Payment date: 10th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (48% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 22Community Financial System, Inc. Announces Quarterly Dividend, Payable on April 10, 2026Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on April 10, 2026 to shareholders of record as of March 16, 2026. The $0.47 cash dividend represents an annualized yield of 3.08% based on the closing share price of $60.99 on January 20, 2026.공시 • Dec 19Community Financial System, Inc. to Report Q4, 2025 Results on Jan 27, 2026Community Financial System, Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 27, 2026Upcoming Dividend • Dec 05Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 12 December 2025. Payment date: 12 January 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.4%).공시 • Oct 22Community Financial System, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025Community Financial System, Inc. reported net charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported net charge-offs of $2,471,000 against $2,772,000 a year ago.Reported Earnings • Oct 21Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: US$1.04 (up from US$0.83 in 3Q 2024). Revenue: US$201.5m (up 11% from 3Q 2024). Net income: US$55.1m (up 26% from 3Q 2024). Profit margin: 27% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Declared Dividend • Oct 20Second quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 12th December 2025 Payment date: 12th January 2026 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Oct 16Community Financial System, Inc. Announces Quarterly Dividend, Payable on January 12, 2026Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on January 12, 2026 to shareholders of record as of December 12, 2025. The $0.47 cash dividend represents an annualized yield of 3.21% based on the closing share price of $58.48 on October 14, 2025.Buy Or Sell Opportunity • Oct 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to US$57.59. The fair value is estimated to be US$72.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 4.2%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 21% in the next year.공시 • Sep 22Community Financial System, Inc. to Report Q3, 2025 Results on Oct 21, 2025Community Financial System, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 21, 2025공시 • Sep 18Community Financial System, Inc. Appoints John A. Vaccaro as New Independent Director, Effective October 1, 2025Community Financial System, Inc. announced the appointment of John A. Vaccaro to its Board of Directors as a new independent director, effective as of October 1, 2025. Mr. Vaccaro is Chairman Emeritus of MML Investors Services, LLC and Chairman of MassMutual Private Wealth & Trust, FSB, both subsidiaries of Massachusetts Mutual Life Insurance Company. He led MassMutual Financial Advisors and served as CEO of MML Investors Services from 2009 until March 2025, when he stepped down as Chief Executive Officer in connection with his upcoming retirement in 2026, where he led a team of over 7,500 financial advisors and 3,000 support staff across more than 1,600 locations nationwide. Mr. Vaccaro brings to the Board extensive experience in wealth management, insurance, business strategy, financial oversight, and regulatory compliance. The Board has determined that Mr. Vaccaro qualifies as an independent director under New York Stock Exchange and Board standards. With his appointment, the Board now consists of 13 directors, 12 of whom are independent. Mr. Vaccaro also joined the Board of Directors of Community Bank, N.A. and will serve on its Trust Committee. Mr. Vaccaro currently serves on the Board of Governors of the Financial Industry Regulatory Authority (“FINRA”) and previously served on its regional district committee (2009–2012). He was also a Director of the Securities Industry and Financial Markets Association from 2022 to 2024. Mr. Vaccaro was appointed by Deval Patrick, Governor of the Commonwealth of Massachusetts, to the Board of Trustees of Holyoke Community College (2013-2017), served as a board member of LL Global, Inc., the non-profit parent company for LIMRA (formerly the Life Insurance Marketing and Research Association) and LOMA (2020-2022), and is an Honorary Trustee of the Million Dollar Round Table Foundation, an industry-wide charitable organization. In September 2023, he joined the Board of Directors of Invest in Others, a charitable foundation that focuses and amplifies the charitable work of financial advisors. Mr. Vaccaro is a graduate of Saint Anselm College in Manchester, New Hampshire and served on its Board of Trustees from 2013 – 2023.Upcoming Dividend • Sep 05Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 12 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.4%).분석 기사 • Aug 04Community Financial System (NYSE:CBU) Is Increasing Its Dividend To $0.47Community Financial System, Inc. ( NYSE:CBU ) has announced that it will be increasing its dividend from last year's...Reported Earnings • Jul 23Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.97 (up from US$0.91 in 2Q 2024). Revenue: US$195.1m (up 7.8% from 2Q 2024). Net income: US$51.3m (up 7.5% from 2Q 2024). Profit margin: 26% (in line with 2Q 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.분석 기사 • Jul 21Community Financial System (NYSE:CBU) Is Increasing Its Dividend To $0.47Community Financial System, Inc. ( NYSE:CBU ) has announced that it will be increasing its periodic dividend on the...Declared Dividend • Jul 21First quarter dividend increased to US$0.47Dividend of US$0.47 is 2.2% higher than last year. Ex-date: 12th September 2025 Payment date: 10th October 2025 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jul 17Community Financial System, Inc. Announces Quarterly Dividend, Payable on October 10, 2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on October 10, 2025 to shareholders of record as of September 12, 2025.New Risk • Jul 03New major risk - Revenue and earnings growthEarnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.공시 • Jun 23Community Financial System, Inc. to Report Q2, 2025 Results on Jul 22, 2025Community Financial System, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025Upcoming Dividend • Jun 06Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (2.7%).Reported Earnings • Apr 29First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$0.94 (up from US$0.77 in 1Q 2024). Revenue: US$189.6m (up 11% from 1Q 2024). Net income: US$49.6m (up 22% from 1Q 2024). Profit margin: 26% (up from 24% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 20Fourth quarter dividend of US$0.46 announcedShareholders will receive a dividend of US$0.46. Ex-date: 13th June 2025 Payment date: 10th July 2025 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (53% payout ratio) and is expected to be covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 17Community Financial System, Inc. Announces Quarterly Dividend, Payable on July 10,2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on July 10, 2025 to shareholders of record as of June 13, 2025. The $0.46 cash dividend represents an annualized yield of 3.47% based on the closing share price of $53.08 on April 15, 2025.공시 • Mar 31Community Financial System, Inc., Annual General Meeting, May 21, 2025Community Financial System, Inc., Annual General Meeting, May 21, 2025.공시 • Mar 24Community Financial System, Inc. to Report Q1, 2025 Results on Apr 29, 2025Community Financial System, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Apr 29, 2025공시 • Mar 11+ 1 more updateCommunity Financial System, Inc. and Community Bank, N.A. Announce Executive ChangesCommunity Financial System, Inc. and its wholly owned banking subsidiary, Community Bank, N.A. (the Bank), announced the appointment of Marya Burgio Wlos as Executive Vice President of the Company and the Bank, effective as of March 31, 2025. Joseph E. Sutaris, who previously notified the Company and the Bank of his intent to retire as Executive Vice President, will remain with the Company and the Bank through July 1, 2025 and will work closely with Ms. Wlos during the transition period. Ms. Wlos, age 47, has served as Managing Director and COO Investment Bank at M&T Bank since January 2021. Ms. Wlos served as Head of Management Accounting, Finance at M&T Bank from September 2018 through January 2021 and as Head of Trading Relationship Management, UBS Asset Management at UBS AG from November 2013 through August 2018. Prior to that time, Ms. Wlos served in various finance roles at Citadel LLC from April 2008 through September 2012 and at Bank of America from January 2007 to April 2008.Upcoming Dividend • Mar 07Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 14 March 2025. Payment date: 10 April 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.7%).Reported Earnings • Mar 04Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: US$3.45 (up from US$2.45 in FY 2023). Revenue: US$723.5m (up 13% from FY 2023). Net income: US$181.7m (up 38% from FY 2023). Profit margin: 25% (up from 21% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.07% (down from 3.14% in FY 2023). Cost-to-income ratio: 63.0% (down from 63.2% in FY 2023). Non-performing loans: 0.70% (up from 0.56% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.공시 • Feb 15Community Financial System, Inc. Announces Retirement of Susan E. Skerritt as Member of the Board of DirectorsOn February 13, 2025, Susan E. Skerritt, a member of the Board of Directors of Community Financial System, Inc. (the Company) notified the Company that she will not stand for re-election at the Company’s 2025 Annual Meeting of Shareholders (the 2025 Annual Meeting) and will retire from the Board, effective immediately following the 2025 Annual Meeting. The resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.Reported Earnings • Jan 22Full year 2024 earnings releasedFull year 2024 results: Net income: (down US$131.5m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.New Risk • Jan 21New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Declared Dividend • Jan 19Third quarter dividend of US$0.46 announcedShareholders will receive a dividend of US$0.46. Ex-date: 14th March 2025 Payment date: 10th April 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 16Community Financial System, Inc. Announces Quarterly Cash Dividend, Payable on April 10, 2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on April 10, 2025 to shareholders of record as of March 14, 2025. The $0.46 cash dividend represents an annualized yield of 3.0% based on the closing share price of $61.60 on January 14, 2025.공시 • Dec 19Community Financial System, Inc. to Report Fiscal Year 2024 Results on Jan 21, 2025Community Financial System, Inc. announced that they will report fiscal year 2024 results Pre-Market on Jan 21, 2025Upcoming Dividend • Dec 06Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 13 December 2024. Payment date: 10 January 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (2.5%).Recent Insider Transactions Derivative • Nov 29Executive VP exercised options and sold US$441k worth of stockOn the 26th of November, Joseph Sutaris exercised options to acquire 6k shares at no cost and sold these for an average price of US$71.45 per share. This trade did not impact their existing holding. Since March 2024, Joseph's direct individual holding has increased from 19.09k shares to 22.76k. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$70.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 5.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$126 per share.Seeking Alpha • Nov 03Community Financial System: Earnings Outlook Is Positive, But Stock Appears Fairly Valued (Rating Downgrade)Summary The upcoming maturity of fixed-rate loans and the subsequent reinvestment will boost the margin. Interest rate cuts and strong labor markets bode well for loan growth. The December 2025 target price suggests a single-digit upside from the current market price. CBU is offering a dividend yield of 3.0%. The payout ratiois in line with the historical average. Read the full article on Seeking AlphaPrice Target Changed • Oct 23Price target increased by 7.5% to US$64.75Up from US$60.25, the current price target is an average from 4 analysts. New target price is 11% above last closing price of US$58.12. Stock is up 54% over the past year. The company is forecast to post earnings per share of US$3.40 for next year compared to US$2.45 last year.Reported Earnings • Oct 23Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: US$0.83. Revenue: US$181.2m (up 5.1% from 3Q 2023). Net income: US$43.9m (flat on 3Q 2023). Profit margin: 24% (down from 26% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US.Declared Dividend • Oct 20Second quarter dividend of US$0.46 announcedShareholders will receive a dividend of US$0.46. Ex-date: 13th December 2024 Payment date: 10th January 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (44% forecast payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Oct 17Community Financial System, Inc. Announces Quarterly Dividend on Common Stock, Payable on January 10, 2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on January 10, 2025 to shareholders of record as of December 13, 2024. The $0.46 cash dividend represents an annualized yield of 3.0% based on the closing share price of $61.37 on October 15, 2024.공시 • Sep 27Community Financial System, Inc. Appoints Savneet Singh as Independent Director, Effective October 1, 2024Community Financial System, Inc. announced the appointment of Savneet Singh to its Board of Directors as a new independent director, effective as of October 1, 2024. Mr. Singh is the Chief Executive Officer (CEO) and President of PAR Technology Corporation and President of ParTech, Inc. (ParTech). Headquartered in Upstate New York, PAR Technology Corporation (PAR) is a global food service technology company providing leading omnichannel cloud-based software and hardware solutions to the restaurant and retail industries. Mr. Singh joined PAR’s Board of Directors in April 2018, was appointed PAR’s Interim CEO and President and Interim President of ParTech in December 2018, and since March 2019, has served as the CEO and President of PAR and President of ParTech. In addition to his service on PAR’s Board of Directors, Mr. Singh has previously served on the Boards of a number of public and private companies including the Boards of CDON AB, Blockchain Power Trust, Sharp Spring, Inc., Osprey Technology Acquisition Corp., and TCGplayer, Inc. Mr. Singh’s appointment expands the Company’s Board to 13 Directors, 12 of whom are independent. Mr. Singh was also appointed to the Board of Directors of Community Bank, N.A. (the “Bank”), the Company’s wholly-owned banking subsidiary. Mr. Singh will serve on the Bank’s and the Company’s joint Risk Committee and as one of the Board’s representatives to the Company’s Technology Committee. Mr. Singh received his B.S. in Applied Economics and Management from Cornell University where he serves on the Dyson Advisory Committee. He has received numerous awards including the Forbes 30 under 30 and Crain’s New York Business 40 under 40.새로운 내러티브 • Sep 24Strategic Acquisitions And Diverse Revenue Streams Poised For Robust Earnings Growth Focusing on both organic and inorganic growth through acquisitions and a diversified revenue stream enhances future earnings and market share. 공시 • Sep 23Community Financial System, Inc. to Report Q3, 2024 Results on Oct 22, 2024Community Financial System, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 22, 2024Upcoming Dividend • Sep 06Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 10 October 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.8%).Seeking Alpha • Aug 11Community Financial System: A Solid Dividend Aristocrat, But Still Too ExpensiveSummary Community Financial System has a history of increasing dividends for 32 years, conservative management, and sustainable dividend yield, making it a reliable choice for investors. But it is still a bit expensive. Fear of recession prompts investors to seek passive income, with some regional banks offering high dividend yields. CBU stands out as a strong bank with low-cost deposits and a focus on consumer loans. Read the full article on Seeking AlphaBuy Or Sell Opportunity • Jul 30Now 22% undervaluedOver the last 90 days, the stock has risen 41% to US$60.77. The fair value is estimated to be US$78.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.3%. Revenue is forecast to grow by 8.8% in a year. Earnings are forecast to grow by 12% in the next year.Price Target Changed • Jul 24Price target increased by 8.2% to US$56.75Up from US$52.43, the current price target is an average from 4 analysts. New target price is 5.6% below last closing price of US$60.13. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$3.42 for next year compared to US$2.45 last year.분석 기사 • Jul 22Community Financial System's (NYSE:CBU) Dividend Will Be Increased To $0.46The board of Community Financial System, Inc. ( NYSE:CBU ) has announced that the dividend on 10th of October will be...Declared Dividend • Jul 21First quarter dividend increased to US$0.46Dividend of US$0.46 is 2.2% higher than last year. Ex-date: 13th September 2024 Payment date: 10th October 2024 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.5% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jul 18Community Financial System, Inc. Announces Quarterly Dividend, Payable on October 10, 2024Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on October 10, 2024 to shareholders of record as of September 13, 2024. The $0.46 cash dividend represents a $0.01, or 2.2%, increase and an annualized yield of 3.25% based on the closing share price of $56.63 on July 16, 2024.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$54.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Banks industry in the US. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$73.60 per share.공시 • Jun 25Community Financial System, Inc. to Report Q2, 2024 Results on Jul 23, 2024Community Financial System, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 23, 2024Upcoming Dividend • Jun 07Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).Declared Dividend • May 19First quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 14th June 2024 Payment date: 10th July 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.6% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 16Community Bank System, Inc. Declares Quarterly Dividend, Payable on July 10, 2024Community Financial System, Inc. declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on July 10, 2024 to Shareholders of record as of June 14, 2024. The $0.45 cash dividend represents an annualized yield of 3.78% based on the closing share price of $47.64 on May 14, 2024.Reported Earnings • Apr 24First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: US$0.77 (up from US$0.11 in 1Q 2023). Revenue: US$171.1m (up 42% from 1Q 2023). Net income: US$40.9m (up US$35.1m from 1Q 2023). Profit margin: 24% (up from 4.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.공시 • Mar 30Community Bank System, Inc., Annual General Meeting, May 15, 2024Community Bank System, Inc., Annual General Meeting, May 15, 2024, at 12:00 US Eastern Standard Time. Location: Marriott Syracuse Downtown Persian Terrace, 100 E. Onondaga Street, Syracuse, NY 13202 New York United States Agenda: To elect 12 of the current Directors for a one year term and until their successors are elected and qualified; to hold an advisory vote on executive compensation; to approve the Community Bank System, Inc. 2022 Long-Term Incentive Plan, as amended; to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024.공시 • Mar 26Community Bank System, Inc. to Report Q1, 2024 Results on Apr 23, 2024Community Bank System, Inc. announced that they will report Q1, 2024 results at 11:00 AM, US Eastern Standard Time on Apr 23, 2024Upcoming Dividend • Mar 07Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).Reported Earnings • Mar 04Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.45 (down from US$3.48 in FY 2022). Revenue: US$640.7m (down 3.6% from FY 2022). Net income: US$131.5m (down 30% from FY 2022). Profit margin: 21% (down from 28% in FY 2022). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 3.14% (up from 2.92% in FY 2022). Cost-to-income ratio: 63.5% (up from 59.5% in FY 2022). Non-performing loans: 0.56% (up from 0.38% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Declared Dividend • Feb 18Fourth quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 14th March 2024 Payment date: 10th April 2024 Dividend yield will be 3.9%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (70% payout ratio) and is expected to be covered in 3 years' time (53% forecast payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 15Community Bank System, Inc. Announces Quarterly Dividend, Payable on April 10, 2024Community Bank System, Inc. announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on April 10, 2024 to shareholders of record as of March 15, 2024.공시 • Feb 02Community Bank Appoints Dan Kennell as New Commercial Banking OfficerCommunity Bank has announced the appointment of a new commercial banking officer. Dan Kennell has been appointed by the bank to its Rochester, NY, commercial banking team. In the role, Kennell is to manage loan and deposit relationships. Prior to joining Community Bank, Kennell was a relationship manager, commercial middle market at KeyBank.Seeking Alpha • Jan 28Community Bank System: The Cost Of Total Deposits Remains Incredibly LowSummary Community Bank System reported positive Q4 results, with revenue beating expectations and a low-risk loan portfolio. CBU is taking advantage of competitors' lack of liquidity to expand in larger metropolitan areas and increase lending opportunities. The bank has a low cost of deposits, stable net interest margin (NIM), and a history of increasing dividends and share buybacks. Read the full article on Seeking Alpha분석 기사 • Jan 26The Community Bank System, Inc. (NYSE:CBU) Yearly Results Are Out And Analysts Have Published New ForecastsCommunity Bank System, Inc. ( NYSE:CBU ) came out with its yearly results last week, and we wanted to see how the...Reported Earnings • Jan 24Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.54 (down from US$3.48 in FY 2022). Revenue: US$640.7m (down 3.6% from FY 2022). Net income: US$136.5m (down 27% from FY 2022). Profit margin: 21% (down from 28% in FY 2022). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 3.14% (up from 2.92% in FY 2022). Non-performing loans: 0.56% (up from 0.38% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year.공시 • Jan 24Community Bank System, Inc. Reports Net Charge-Offs for the Fourth Quarter 2023Community Bank System, Inc. reports net charge-offs for the fourth quarter 2023. For the quarter, Net charge-offs were $2,337,000 against $1,249,000 reported a year ago.공시 • Jan 20Community Bank System, Inc. Elects Michele Sullivan as Independent Director, Effective as of February 1, 2024Community Bank System, Inc. announced the election of Michele Sullivan to its Board of Directors as a new independent director, effective as of February 1, 2024. Ms. Sullivan is a retired partner of Crowe LLP (Crowe) where she served in Crowe’s consulting practice specializing in the financial services sector. She worked with top United States and global banks, as well as mid-market insurance carriers and fintech companies, providing consulting services on risk, compliance, internal audit, technology, strategic acquisitions, merger integration, and governance matters. Ms. Sullivan is a certified public accountant (CPA) and a certified risk management professional (CRMA). Ms. Sullivan joined Crowe in 1992 and, prior to her retirement in March 2023, served on Crowe’s Board of Directors for seven years and its Audit and Risk Committee. During her time on Crowe’s Board, she developed and led the Corporate Governance Strategic Initiative. She was a founding member of Crowe’s Exceptional Client Experience and Women Into Leadership programs and served on their steering committees. Ms. Sullivan’s election expands the Company’s Board to 14 Directors, 12 of whom are independent. Ms. Sullivan was also appointed to the Board of Directors of Community Bank, N.A., the Company’s wholly-owned banking subsidiary. The Board has determined that Ms. Sullivan is a qualified financial expert and she will serve on the Board’s Audit Committee and Risk Committee. Ms. Sullivan graduated from Indiana University with a B.S. in Accounting and has completed Board and Corporate Governance course work through Northwestern University’s Kellogg School of Management Executive Development Program.Price Target Changed • Jan 10Price target increased by 8.4% to US$52.43Up from US$48.36, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$50.25. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.공시 • Jan 09Community Bank Names Jeff Levy as New Chief Banking OfficerCommunity Bank announced that Jeff Levy is taking on a newly created role. Levy, who has more than four decades of banking experience, has been promoted from president of commercial banking to chief banking officer, the company announced. In his new position, Levy will manage all the company's banking business, which includes commercial banking, retail banking and consumer lending. Levy joined Community Bank in 2018 as a regional executive and set about establishing its presence in the Capital Region, beginning with commercial banking. The following year, Community Bank System, the parent company of Community Bank, acquired Kinderhook Bank, broadening its services and reach in the area. Levy holds a bachelor's degree in business economics from SUNY Oneonta and an MBA from Fairleigh Dickinson University. He lives in Saratoga Springs with his wife, Rosemary Sgroi Levy.Buying Opportunity • Dec 31Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be US$65.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 4.0%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 18% in the next 2 years.Price Target Changed • Dec 27Price target increased by 9.4% to US$48.36Up from US$44.21, the current price target is an average from 7 analysts. New target price is 9.1% below last closing price of US$53.19. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.공시 • Dec 22Community Bank System, Inc. to Report Fiscal Year 2023 Results on Jan 23, 2024Community Bank System, Inc. announced that they will report fiscal year 2023 results Pre-Market on Jan 23, 2024Upcoming Dividend • Dec 07Upcoming dividend of US$0.45 per share at 3.8% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 10 January 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (3.5%).Board Change • Dec 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Independent Director Jeff Knauss was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Nov 17Community Bank System, Inc. Announces its Quarterly Dividend, Payable on January 10, 2024Community Bank System, Inc. declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on January 10, 2024 to shareholders of record as of December 15, 2023. The $0.45 cash dividend represents an annualized yield of 4.01% based on the closing share price of $44.87 on November 14, 2023.Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: US$0.82 (down from US$0.90 in 3Q 2022). Revenue: US$172.5m (up 1.1% from 3Q 2022). Net income: US$44.1m (down 9.1% from 3Q 2022). Profit margin: 26% (down from 28% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.8%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.공시 • Oct 25Community Bank System, Inc. Reports Net Charge-Offs for the Third Quarter 2023Community Bank System, Inc. reports net charge-offs for the third quarter 2023. For the quarter, Net charge-offs were $1,249,000 against $358,000 reported a year ago.공시 • Sep 26Community Bank System, Inc. to Report Q3, 2023 Results on Oct 24, 2023Community Bank System, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 24, 2023Price Target Changed • Sep 15Price target increased by 7.3% to US$56.86Up from US$53.00, the current price target is an average from 7 analysts. New target price is 30% above last closing price of US$43.64. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$2.72 for next year compared to US$3.48 last year.이익 및 매출 성장 예측NYSE:CBU - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027967285N/AN/A512/31/2026898253N/AN/A53/31/2026815219242311N/A12/31/2025797211233302N/A9/30/2025776205230283N/A6/30/2025756194199239N/A3/31/2025742192196225N/A12/31/2024724183222242N/A9/30/2024706166203221N/A6/30/2024698166209229N/A3/31/2024691166214231N/A12/31/2023641132210228N/A9/30/2023641150238255N/A6/30/2023639155220235N/A3/31/2023626146226240N/A12/31/2022665188202215N/A9/30/2022649179179193N/A6/30/2022636175200213N/A3/31/2022631183178193N/A12/31/2021629189189203N/A9/30/2021625192191207N/A6/30/2021618190157172N/A3/31/2021597177202215N/A12/31/2020582164165179N/A9/30/2020576161189199N/A6/30/2020572157202208N/A3/31/2020584167187195N/A12/31/2019581169N/A203N/A9/30/2019573166N/A183N/A6/30/2019567170N/A199N/A3/31/2019560170N/A195N/A12/31/2018559168N/A221N/A9/30/2018554199N/A219N/A6/30/2018549191N/A210N/A3/31/2018536164N/A208N/A12/31/2017507150N/A190N/A9/30/2017479105N/A171N/A6/30/201745096N/A158N/A3/31/2017427105N/A151N/A12/31/2016421103N/A136N/A9/30/201641097N/A139N/A6/30/201639595N/A133N/A3/31/201638193N/A122N/A12/31/201536591N/A120N/A9/30/201536094N/A114N/A6/30/201535891N/A119N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CBU 의 연간 예상 수익 증가율(14.9%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: CBU 의 연간 수익(14.9%)이 US 시장(16.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: CBU 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: CBU 의 수익(연간 9.6%)이 US 시장(연간 11.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: CBU 의 수익(연간 9.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CBU의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 10:43종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Community Financial System, Inc.는 10명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Daniel CardenasBrean Capital Historical (Janney Montgomery)null nullD.A. Davidson & Co.Jacob CivielloD.A. Davidson & Co.7명의 분석가 더 보기
Price Target Changed • Oct 23Price target increased by 7.5% to US$64.75Up from US$60.25, the current price target is an average from 4 analysts. New target price is 11% above last closing price of US$58.12. Stock is up 54% over the past year. The company is forecast to post earnings per share of US$3.40 for next year compared to US$2.45 last year.
Price Target Changed • Jul 24Price target increased by 8.2% to US$56.75Up from US$52.43, the current price target is an average from 4 analysts. New target price is 5.6% below last closing price of US$60.13. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$3.42 for next year compared to US$2.45 last year.
분석 기사 • Jan 26The Community Bank System, Inc. (NYSE:CBU) Yearly Results Are Out And Analysts Have Published New ForecastsCommunity Bank System, Inc. ( NYSE:CBU ) came out with its yearly results last week, and we wanted to see how the...
Price Target Changed • Jan 10Price target increased by 8.4% to US$52.43Up from US$48.36, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$50.25. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.
Price Target Changed • Dec 27Price target increased by 9.4% to US$48.36Up from US$44.21, the current price target is an average from 7 analysts. New target price is 9.1% below last closing price of US$53.19. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.
Price Target Changed • Sep 15Price target increased by 7.3% to US$56.86Up from US$53.00, the current price target is an average from 7 analysts. New target price is 30% above last closing price of US$43.64. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$2.72 for next year compared to US$3.48 last year.
속보 • May 20Community Financial System Posts Record Q1 Earnings With 9% Revenue Growth and ClearPoint Acquisition PlansCommunity Financial System reported Q1 2026 net income of US$57.2 million, with diluted EPS of US$1.08, its fourth consecutive quarter of record operating results. Total revenue grew 9% year over year, supported by ongoing increases in net interest income across all business segments and a supportive interest rate backdrop. The company highlighted strong asset quality metrics, solid liquidity, disciplined expenses, and continued progress toward an all-cash acquisition of ClearPoint Federal Bank & Trust, valued at about US$40 million and managing over US$1.5 billion in assets. The combination of record earnings, rising net interest income and low nonperforming loan levels suggests that the current business mix and risk controls are working well together for the bank. Investors may want to watch how the ClearPoint acquisition and continued branch expansion affect future integration costs, credit metrics and overall earnings consistency.
Reported Earnings • Apr 30First quarter 2026 earnings: EPS in line with expectations, revenues disappointFirst quarter 2026 results: EPS: US$1.08 (up from US$0.94 in 1Q 2025). Revenue: US$207.7m (up 9.5% from 1Q 2025). Net income: US$57.2m (up 16% from 1Q 2025). Profit margin: 28% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 26Fourth quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 15th June 2026 Payment date: 10th July 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (46% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 23Community Financial System, Inc. Announces Quarterly Dividend, Payable on July 10, 2026Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on July 10, 2026 to shareholders of record as of June 15, 2026. The $0.47 cash dividend represents an annualized yield of 3.0% based on the closing share price of $62.70 on April 21, 2026.
공시 • Mar 30Community Financial System, Inc., Annual General Meeting, May 20, 2026Community Financial System, Inc., Annual General Meeting, May 20, 2026.
공시 • Mar 19Community Financial System, Inc. to Report Q1, 2026 Results on Apr 29, 2026Community Financial System, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 29, 2026
New Risk • Mar 17New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$333k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 16 March 2026. Payment date: 10 April 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.5%).
Reported Earnings • Mar 02Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$3.98 (up from US$3.46 in FY 2024). Revenue: US$796.7m (up 10% from FY 2024). Net income: US$210.5m (up 15% from FY 2024). Profit margin: 26% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 12Community Financial System (NYSE:CBU) Is Paying Out A Dividend Of $0.47The board of Community Financial System, Inc. ( NYSE:CBU ) has announced that it will pay a dividend of $0.47 per share...
공시 • Feb 12Community Financial System, Inc. Appoints Brenda M. Hall as Independent Director and Risk Committee Member, Effective March 1, 2026Community Financial System, Inc. announced the appointment of Brenda M. Hall to its Board of Directors as a new independent director, effective as of March 1, 2026. Brenda M. Hall is the former Executive Vice President and Chief Operating Officer of Standard Lines at Selective Insurance Group, Inc., where she built a distinguished 24-year career marked by progressive advancement and increasing leadership responsibilities. During her tenure at Selective, Ms. Hall most recently served as Chief Operating Officer from October 2019 until her retirement in January 2026. In this role, she oversaw the company’s largest business segment, leading the development and execution of growth strategies, expansion into new geographic markets, enhancement of data-driven operations, and integration of predictive modeling into underwriting processes. Prior to her role as COO, Ms. Hall held several senior leadership positions at Selective, including Senior Vice President, Chief Strategic Operations Officer, and Senior Vice President, Director of Field Underwriting. Ms. Hall brings to the Board extensive C-suite level experience in the property and casualty insurance industry, with expertise in enterprise strategy, public company oversight, risk management, customer service, and regulatory compliance. The Board has determined that Ms. Hall qualifies as an independent director under New York Stock Exchange and Board standards. With her appointment, the Board now consists of 14 directors, 13 of whom are independent. Ms. Hall also joined the Board of Directors of Community Bank, N.A., the Company’s banking subsidiary, and will serve on the Risk Committee of the Company and the Bank.
공시 • Jan 28Community Financial System, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2025Community Financial System, Inc. reported net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net charge-offs of $2,328,000 against $3,211,000 a year ago.
Reported Earnings • Jan 28Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$3.98 (up from US$3.45 in FY 2024). Revenue: US$796.7m (up 10% from FY 2024). Net income: US$210.5m (up 16% from FY 2024). Profit margin: 26% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Jan 27Community Financial System: Still Offering Growth At A Reasonable PriceSummary Community Financial System continues to benefit from favorable balance sheet repricing, driving strong interest margin expansion and earnings growth. CBU's diversified revenue mix, with around 40% from non-interest income, is also being supported by buoyant asset markets. Credit quality remains robust, with net charge-offs at 0.09% and non-performing loans at 0.52%. Shares trade at a reasonable 14.6x trailing earnings, with NIM-driven growth and a 3% dividend yield giving investors a good shot at realizing a double-digit annualized return. Read the full article on Seeking Alpha
분석 기사 • Jan 25Community Financial System (NYSE:CBU) Is Due To Pay A Dividend Of $0.47Community Financial System, Inc. ( NYSE:CBU ) will pay a dividend of $0.47 on the 10th of April. This means that the...
Declared Dividend • Jan 25Third quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 16th March 2026 Payment date: 10th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (48% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 22Community Financial System, Inc. Announces Quarterly Dividend, Payable on April 10, 2026Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on April 10, 2026 to shareholders of record as of March 16, 2026. The $0.47 cash dividend represents an annualized yield of 3.08% based on the closing share price of $60.99 on January 20, 2026.
공시 • Dec 19Community Financial System, Inc. to Report Q4, 2025 Results on Jan 27, 2026Community Financial System, Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 27, 2026
Upcoming Dividend • Dec 05Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 12 December 2025. Payment date: 12 January 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.4%).
공시 • Oct 22Community Financial System, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025Community Financial System, Inc. reported net charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported net charge-offs of $2,471,000 against $2,772,000 a year ago.
Reported Earnings • Oct 21Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: US$1.04 (up from US$0.83 in 3Q 2024). Revenue: US$201.5m (up 11% from 3Q 2024). Net income: US$55.1m (up 26% from 3Q 2024). Profit margin: 27% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Declared Dividend • Oct 20Second quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 12th December 2025 Payment date: 12th January 2026 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Oct 16Community Financial System, Inc. Announces Quarterly Dividend, Payable on January 12, 2026Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on January 12, 2026 to shareholders of record as of December 12, 2025. The $0.47 cash dividend represents an annualized yield of 3.21% based on the closing share price of $58.48 on October 14, 2025.
Buy Or Sell Opportunity • Oct 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to US$57.59. The fair value is estimated to be US$72.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 4.2%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 21% in the next year.
공시 • Sep 22Community Financial System, Inc. to Report Q3, 2025 Results on Oct 21, 2025Community Financial System, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 21, 2025
공시 • Sep 18Community Financial System, Inc. Appoints John A. Vaccaro as New Independent Director, Effective October 1, 2025Community Financial System, Inc. announced the appointment of John A. Vaccaro to its Board of Directors as a new independent director, effective as of October 1, 2025. Mr. Vaccaro is Chairman Emeritus of MML Investors Services, LLC and Chairman of MassMutual Private Wealth & Trust, FSB, both subsidiaries of Massachusetts Mutual Life Insurance Company. He led MassMutual Financial Advisors and served as CEO of MML Investors Services from 2009 until March 2025, when he stepped down as Chief Executive Officer in connection with his upcoming retirement in 2026, where he led a team of over 7,500 financial advisors and 3,000 support staff across more than 1,600 locations nationwide. Mr. Vaccaro brings to the Board extensive experience in wealth management, insurance, business strategy, financial oversight, and regulatory compliance. The Board has determined that Mr. Vaccaro qualifies as an independent director under New York Stock Exchange and Board standards. With his appointment, the Board now consists of 13 directors, 12 of whom are independent. Mr. Vaccaro also joined the Board of Directors of Community Bank, N.A. and will serve on its Trust Committee. Mr. Vaccaro currently serves on the Board of Governors of the Financial Industry Regulatory Authority (“FINRA”) and previously served on its regional district committee (2009–2012). He was also a Director of the Securities Industry and Financial Markets Association from 2022 to 2024. Mr. Vaccaro was appointed by Deval Patrick, Governor of the Commonwealth of Massachusetts, to the Board of Trustees of Holyoke Community College (2013-2017), served as a board member of LL Global, Inc., the non-profit parent company for LIMRA (formerly the Life Insurance Marketing and Research Association) and LOMA (2020-2022), and is an Honorary Trustee of the Million Dollar Round Table Foundation, an industry-wide charitable organization. In September 2023, he joined the Board of Directors of Invest in Others, a charitable foundation that focuses and amplifies the charitable work of financial advisors. Mr. Vaccaro is a graduate of Saint Anselm College in Manchester, New Hampshire and served on its Board of Trustees from 2013 – 2023.
Upcoming Dividend • Sep 05Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 12 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.4%).
분석 기사 • Aug 04Community Financial System (NYSE:CBU) Is Increasing Its Dividend To $0.47Community Financial System, Inc. ( NYSE:CBU ) has announced that it will be increasing its dividend from last year's...
Reported Earnings • Jul 23Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.97 (up from US$0.91 in 2Q 2024). Revenue: US$195.1m (up 7.8% from 2Q 2024). Net income: US$51.3m (up 7.5% from 2Q 2024). Profit margin: 26% (in line with 2Q 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 21Community Financial System (NYSE:CBU) Is Increasing Its Dividend To $0.47Community Financial System, Inc. ( NYSE:CBU ) has announced that it will be increasing its periodic dividend on the...
Declared Dividend • Jul 21First quarter dividend increased to US$0.47Dividend of US$0.47 is 2.2% higher than last year. Ex-date: 12th September 2025 Payment date: 10th October 2025 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 17Community Financial System, Inc. Announces Quarterly Dividend, Payable on October 10, 2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on October 10, 2025 to shareholders of record as of September 12, 2025.
New Risk • Jul 03New major risk - Revenue and earnings growthEarnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
공시 • Jun 23Community Financial System, Inc. to Report Q2, 2025 Results on Jul 22, 2025Community Financial System, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025
Upcoming Dividend • Jun 06Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (2.7%).
Reported Earnings • Apr 29First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$0.94 (up from US$0.77 in 1Q 2024). Revenue: US$189.6m (up 11% from 1Q 2024). Net income: US$49.6m (up 22% from 1Q 2024). Profit margin: 26% (up from 24% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 20Fourth quarter dividend of US$0.46 announcedShareholders will receive a dividend of US$0.46. Ex-date: 13th June 2025 Payment date: 10th July 2025 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (53% payout ratio) and is expected to be covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 17Community Financial System, Inc. Announces Quarterly Dividend, Payable on July 10,2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on July 10, 2025 to shareholders of record as of June 13, 2025. The $0.46 cash dividend represents an annualized yield of 3.47% based on the closing share price of $53.08 on April 15, 2025.
공시 • Mar 31Community Financial System, Inc., Annual General Meeting, May 21, 2025Community Financial System, Inc., Annual General Meeting, May 21, 2025.
공시 • Mar 24Community Financial System, Inc. to Report Q1, 2025 Results on Apr 29, 2025Community Financial System, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Apr 29, 2025
공시 • Mar 11+ 1 more updateCommunity Financial System, Inc. and Community Bank, N.A. Announce Executive ChangesCommunity Financial System, Inc. and its wholly owned banking subsidiary, Community Bank, N.A. (the Bank), announced the appointment of Marya Burgio Wlos as Executive Vice President of the Company and the Bank, effective as of March 31, 2025. Joseph E. Sutaris, who previously notified the Company and the Bank of his intent to retire as Executive Vice President, will remain with the Company and the Bank through July 1, 2025 and will work closely with Ms. Wlos during the transition period. Ms. Wlos, age 47, has served as Managing Director and COO Investment Bank at M&T Bank since January 2021. Ms. Wlos served as Head of Management Accounting, Finance at M&T Bank from September 2018 through January 2021 and as Head of Trading Relationship Management, UBS Asset Management at UBS AG from November 2013 through August 2018. Prior to that time, Ms. Wlos served in various finance roles at Citadel LLC from April 2008 through September 2012 and at Bank of America from January 2007 to April 2008.
Upcoming Dividend • Mar 07Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 14 March 2025. Payment date: 10 April 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.7%).
Reported Earnings • Mar 04Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: US$3.45 (up from US$2.45 in FY 2023). Revenue: US$723.5m (up 13% from FY 2023). Net income: US$181.7m (up 38% from FY 2023). Profit margin: 25% (up from 21% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.07% (down from 3.14% in FY 2023). Cost-to-income ratio: 63.0% (down from 63.2% in FY 2023). Non-performing loans: 0.70% (up from 0.56% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.
공시 • Feb 15Community Financial System, Inc. Announces Retirement of Susan E. Skerritt as Member of the Board of DirectorsOn February 13, 2025, Susan E. Skerritt, a member of the Board of Directors of Community Financial System, Inc. (the Company) notified the Company that she will not stand for re-election at the Company’s 2025 Annual Meeting of Shareholders (the 2025 Annual Meeting) and will retire from the Board, effective immediately following the 2025 Annual Meeting. The resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Reported Earnings • Jan 22Full year 2024 earnings releasedFull year 2024 results: Net income: (down US$131.5m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.
New Risk • Jan 21New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Declared Dividend • Jan 19Third quarter dividend of US$0.46 announcedShareholders will receive a dividend of US$0.46. Ex-date: 14th March 2025 Payment date: 10th April 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 16Community Financial System, Inc. Announces Quarterly Cash Dividend, Payable on April 10, 2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on April 10, 2025 to shareholders of record as of March 14, 2025. The $0.46 cash dividend represents an annualized yield of 3.0% based on the closing share price of $61.60 on January 14, 2025.
공시 • Dec 19Community Financial System, Inc. to Report Fiscal Year 2024 Results on Jan 21, 2025Community Financial System, Inc. announced that they will report fiscal year 2024 results Pre-Market on Jan 21, 2025
Upcoming Dividend • Dec 06Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 13 December 2024. Payment date: 10 January 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (2.5%).
Recent Insider Transactions Derivative • Nov 29Executive VP exercised options and sold US$441k worth of stockOn the 26th of November, Joseph Sutaris exercised options to acquire 6k shares at no cost and sold these for an average price of US$71.45 per share. This trade did not impact their existing holding. Since March 2024, Joseph's direct individual holding has increased from 19.09k shares to 22.76k. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$70.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 5.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$126 per share.
Seeking Alpha • Nov 03Community Financial System: Earnings Outlook Is Positive, But Stock Appears Fairly Valued (Rating Downgrade)Summary The upcoming maturity of fixed-rate loans and the subsequent reinvestment will boost the margin. Interest rate cuts and strong labor markets bode well for loan growth. The December 2025 target price suggests a single-digit upside from the current market price. CBU is offering a dividend yield of 3.0%. The payout ratiois in line with the historical average. Read the full article on Seeking Alpha
Price Target Changed • Oct 23Price target increased by 7.5% to US$64.75Up from US$60.25, the current price target is an average from 4 analysts. New target price is 11% above last closing price of US$58.12. Stock is up 54% over the past year. The company is forecast to post earnings per share of US$3.40 for next year compared to US$2.45 last year.
Reported Earnings • Oct 23Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: US$0.83. Revenue: US$181.2m (up 5.1% from 3Q 2023). Net income: US$43.9m (flat on 3Q 2023). Profit margin: 24% (down from 26% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US.
Declared Dividend • Oct 20Second quarter dividend of US$0.46 announcedShareholders will receive a dividend of US$0.46. Ex-date: 13th December 2024 Payment date: 10th January 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (44% forecast payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Oct 17Community Financial System, Inc. Announces Quarterly Dividend on Common Stock, Payable on January 10, 2025Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on January 10, 2025 to shareholders of record as of December 13, 2024. The $0.46 cash dividend represents an annualized yield of 3.0% based on the closing share price of $61.37 on October 15, 2024.
공시 • Sep 27Community Financial System, Inc. Appoints Savneet Singh as Independent Director, Effective October 1, 2024Community Financial System, Inc. announced the appointment of Savneet Singh to its Board of Directors as a new independent director, effective as of October 1, 2024. Mr. Singh is the Chief Executive Officer (CEO) and President of PAR Technology Corporation and President of ParTech, Inc. (ParTech). Headquartered in Upstate New York, PAR Technology Corporation (PAR) is a global food service technology company providing leading omnichannel cloud-based software and hardware solutions to the restaurant and retail industries. Mr. Singh joined PAR’s Board of Directors in April 2018, was appointed PAR’s Interim CEO and President and Interim President of ParTech in December 2018, and since March 2019, has served as the CEO and President of PAR and President of ParTech. In addition to his service on PAR’s Board of Directors, Mr. Singh has previously served on the Boards of a number of public and private companies including the Boards of CDON AB, Blockchain Power Trust, Sharp Spring, Inc., Osprey Technology Acquisition Corp., and TCGplayer, Inc. Mr. Singh’s appointment expands the Company’s Board to 13 Directors, 12 of whom are independent. Mr. Singh was also appointed to the Board of Directors of Community Bank, N.A. (the “Bank”), the Company’s wholly-owned banking subsidiary. Mr. Singh will serve on the Bank’s and the Company’s joint Risk Committee and as one of the Board’s representatives to the Company’s Technology Committee. Mr. Singh received his B.S. in Applied Economics and Management from Cornell University where he serves on the Dyson Advisory Committee. He has received numerous awards including the Forbes 30 under 30 and Crain’s New York Business 40 under 40.
새로운 내러티브 • Sep 24Strategic Acquisitions And Diverse Revenue Streams Poised For Robust Earnings Growth Focusing on both organic and inorganic growth through acquisitions and a diversified revenue stream enhances future earnings and market share.
공시 • Sep 23Community Financial System, Inc. to Report Q3, 2024 Results on Oct 22, 2024Community Financial System, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 22, 2024
Upcoming Dividend • Sep 06Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 10 October 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.8%).
Seeking Alpha • Aug 11Community Financial System: A Solid Dividend Aristocrat, But Still Too ExpensiveSummary Community Financial System has a history of increasing dividends for 32 years, conservative management, and sustainable dividend yield, making it a reliable choice for investors. But it is still a bit expensive. Fear of recession prompts investors to seek passive income, with some regional banks offering high dividend yields. CBU stands out as a strong bank with low-cost deposits and a focus on consumer loans. Read the full article on Seeking Alpha
Buy Or Sell Opportunity • Jul 30Now 22% undervaluedOver the last 90 days, the stock has risen 41% to US$60.77. The fair value is estimated to be US$78.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.3%. Revenue is forecast to grow by 8.8% in a year. Earnings are forecast to grow by 12% in the next year.
Price Target Changed • Jul 24Price target increased by 8.2% to US$56.75Up from US$52.43, the current price target is an average from 4 analysts. New target price is 5.6% below last closing price of US$60.13. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$3.42 for next year compared to US$2.45 last year.
분석 기사 • Jul 22Community Financial System's (NYSE:CBU) Dividend Will Be Increased To $0.46The board of Community Financial System, Inc. ( NYSE:CBU ) has announced that the dividend on 10th of October will be...
Declared Dividend • Jul 21First quarter dividend increased to US$0.46Dividend of US$0.46 is 2.2% higher than last year. Ex-date: 13th September 2024 Payment date: 10th October 2024 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.5% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 18Community Financial System, Inc. Announces Quarterly Dividend, Payable on October 10, 2024Community Financial System, Inc. announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on October 10, 2024 to shareholders of record as of September 13, 2024. The $0.46 cash dividend represents a $0.01, or 2.2%, increase and an annualized yield of 3.25% based on the closing share price of $56.63 on July 16, 2024.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$54.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Banks industry in the US. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$73.60 per share.
공시 • Jun 25Community Financial System, Inc. to Report Q2, 2024 Results on Jul 23, 2024Community Financial System, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 23, 2024
Upcoming Dividend • Jun 07Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).
Declared Dividend • May 19First quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 14th June 2024 Payment date: 10th July 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.6% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 16Community Bank System, Inc. Declares Quarterly Dividend, Payable on July 10, 2024Community Financial System, Inc. declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on July 10, 2024 to Shareholders of record as of June 14, 2024. The $0.45 cash dividend represents an annualized yield of 3.78% based on the closing share price of $47.64 on May 14, 2024.
Reported Earnings • Apr 24First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: US$0.77 (up from US$0.11 in 1Q 2023). Revenue: US$171.1m (up 42% from 1Q 2023). Net income: US$40.9m (up US$35.1m from 1Q 2023). Profit margin: 24% (up from 4.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
공시 • Mar 30Community Bank System, Inc., Annual General Meeting, May 15, 2024Community Bank System, Inc., Annual General Meeting, May 15, 2024, at 12:00 US Eastern Standard Time. Location: Marriott Syracuse Downtown Persian Terrace, 100 E. Onondaga Street, Syracuse, NY 13202 New York United States Agenda: To elect 12 of the current Directors for a one year term and until their successors are elected and qualified; to hold an advisory vote on executive compensation; to approve the Community Bank System, Inc. 2022 Long-Term Incentive Plan, as amended; to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024.
공시 • Mar 26Community Bank System, Inc. to Report Q1, 2024 Results on Apr 23, 2024Community Bank System, Inc. announced that they will report Q1, 2024 results at 11:00 AM, US Eastern Standard Time on Apr 23, 2024
Upcoming Dividend • Mar 07Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).
Reported Earnings • Mar 04Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.45 (down from US$3.48 in FY 2022). Revenue: US$640.7m (down 3.6% from FY 2022). Net income: US$131.5m (down 30% from FY 2022). Profit margin: 21% (down from 28% in FY 2022). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 3.14% (up from 2.92% in FY 2022). Cost-to-income ratio: 63.5% (up from 59.5% in FY 2022). Non-performing loans: 0.56% (up from 0.38% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Feb 18Fourth quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 14th March 2024 Payment date: 10th April 2024 Dividend yield will be 3.9%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (70% payout ratio) and is expected to be covered in 3 years' time (53% forecast payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 15Community Bank System, Inc. Announces Quarterly Dividend, Payable on April 10, 2024Community Bank System, Inc. announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on April 10, 2024 to shareholders of record as of March 15, 2024.
공시 • Feb 02Community Bank Appoints Dan Kennell as New Commercial Banking OfficerCommunity Bank has announced the appointment of a new commercial banking officer. Dan Kennell has been appointed by the bank to its Rochester, NY, commercial banking team. In the role, Kennell is to manage loan and deposit relationships. Prior to joining Community Bank, Kennell was a relationship manager, commercial middle market at KeyBank.
Seeking Alpha • Jan 28Community Bank System: The Cost Of Total Deposits Remains Incredibly LowSummary Community Bank System reported positive Q4 results, with revenue beating expectations and a low-risk loan portfolio. CBU is taking advantage of competitors' lack of liquidity to expand in larger metropolitan areas and increase lending opportunities. The bank has a low cost of deposits, stable net interest margin (NIM), and a history of increasing dividends and share buybacks. Read the full article on Seeking Alpha
분석 기사 • Jan 26The Community Bank System, Inc. (NYSE:CBU) Yearly Results Are Out And Analysts Have Published New ForecastsCommunity Bank System, Inc. ( NYSE:CBU ) came out with its yearly results last week, and we wanted to see how the...
Reported Earnings • Jan 24Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.54 (down from US$3.48 in FY 2022). Revenue: US$640.7m (down 3.6% from FY 2022). Net income: US$136.5m (down 27% from FY 2022). Profit margin: 21% (down from 28% in FY 2022). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 3.14% (up from 2.92% in FY 2022). Non-performing loans: 0.56% (up from 0.38% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year.
공시 • Jan 24Community Bank System, Inc. Reports Net Charge-Offs for the Fourth Quarter 2023Community Bank System, Inc. reports net charge-offs for the fourth quarter 2023. For the quarter, Net charge-offs were $2,337,000 against $1,249,000 reported a year ago.
공시 • Jan 20Community Bank System, Inc. Elects Michele Sullivan as Independent Director, Effective as of February 1, 2024Community Bank System, Inc. announced the election of Michele Sullivan to its Board of Directors as a new independent director, effective as of February 1, 2024. Ms. Sullivan is a retired partner of Crowe LLP (Crowe) where she served in Crowe’s consulting practice specializing in the financial services sector. She worked with top United States and global banks, as well as mid-market insurance carriers and fintech companies, providing consulting services on risk, compliance, internal audit, technology, strategic acquisitions, merger integration, and governance matters. Ms. Sullivan is a certified public accountant (CPA) and a certified risk management professional (CRMA). Ms. Sullivan joined Crowe in 1992 and, prior to her retirement in March 2023, served on Crowe’s Board of Directors for seven years and its Audit and Risk Committee. During her time on Crowe’s Board, she developed and led the Corporate Governance Strategic Initiative. She was a founding member of Crowe’s Exceptional Client Experience and Women Into Leadership programs and served on their steering committees. Ms. Sullivan’s election expands the Company’s Board to 14 Directors, 12 of whom are independent. Ms. Sullivan was also appointed to the Board of Directors of Community Bank, N.A., the Company’s wholly-owned banking subsidiary. The Board has determined that Ms. Sullivan is a qualified financial expert and she will serve on the Board’s Audit Committee and Risk Committee. Ms. Sullivan graduated from Indiana University with a B.S. in Accounting and has completed Board and Corporate Governance course work through Northwestern University’s Kellogg School of Management Executive Development Program.
Price Target Changed • Jan 10Price target increased by 8.4% to US$52.43Up from US$48.36, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$50.25. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.
공시 • Jan 09Community Bank Names Jeff Levy as New Chief Banking OfficerCommunity Bank announced that Jeff Levy is taking on a newly created role. Levy, who has more than four decades of banking experience, has been promoted from president of commercial banking to chief banking officer, the company announced. In his new position, Levy will manage all the company's banking business, which includes commercial banking, retail banking and consumer lending. Levy joined Community Bank in 2018 as a regional executive and set about establishing its presence in the Capital Region, beginning with commercial banking. The following year, Community Bank System, the parent company of Community Bank, acquired Kinderhook Bank, broadening its services and reach in the area. Levy holds a bachelor's degree in business economics from SUNY Oneonta and an MBA from Fairleigh Dickinson University. He lives in Saratoga Springs with his wife, Rosemary Sgroi Levy.
Buying Opportunity • Dec 31Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be US$65.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 4.0%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 18% in the next 2 years.
Price Target Changed • Dec 27Price target increased by 9.4% to US$48.36Up from US$44.21, the current price target is an average from 7 analysts. New target price is 9.1% below last closing price of US$53.19. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.65 for next year compared to US$3.48 last year.
공시 • Dec 22Community Bank System, Inc. to Report Fiscal Year 2023 Results on Jan 23, 2024Community Bank System, Inc. announced that they will report fiscal year 2023 results Pre-Market on Jan 23, 2024
Upcoming Dividend • Dec 07Upcoming dividend of US$0.45 per share at 3.8% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 10 January 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (3.5%).
Board Change • Dec 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Independent Director Jeff Knauss was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Nov 17Community Bank System, Inc. Announces its Quarterly Dividend, Payable on January 10, 2024Community Bank System, Inc. declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on January 10, 2024 to shareholders of record as of December 15, 2023. The $0.45 cash dividend represents an annualized yield of 4.01% based on the closing share price of $44.87 on November 14, 2023.
Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: US$0.82 (down from US$0.90 in 3Q 2022). Revenue: US$172.5m (up 1.1% from 3Q 2022). Net income: US$44.1m (down 9.1% from 3Q 2022). Profit margin: 26% (down from 28% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.8%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
공시 • Oct 25Community Bank System, Inc. Reports Net Charge-Offs for the Third Quarter 2023Community Bank System, Inc. reports net charge-offs for the third quarter 2023. For the quarter, Net charge-offs were $1,249,000 against $358,000 reported a year ago.
공시 • Sep 26Community Bank System, Inc. to Report Q3, 2023 Results on Oct 24, 2023Community Bank System, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 24, 2023
Price Target Changed • Sep 15Price target increased by 7.3% to US$56.86Up from US$53.00, the current price target is an average from 7 analysts. New target price is 30% above last closing price of US$43.64. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$2.72 for next year compared to US$3.48 last year.
