Community Bank System
Market Cap
US$3.3b
Last Updated
2019/06/15 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Community Bank System's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.9%
NYSE:CBU
1.1%
US Banks
0.5%
US Market
1 Year Return
6.9%
NYSE:CBU
-8.0%
US Banks
0.8%
US Market
CBU outperformed the Banks industry which returned -8% over the past year.
CBU outperformed the Market in United States of America which returned 0.8% over the past year.
Share holder returns
| CBU | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 1.1% | 0.5% |
| 30 Day | -0.9% | -0.6% | -0.06% |
| 90 Day | 3.4% | -2.8% | 1.0% |
| 1 Year | 9.5%6.9% | -5.5%-8.0% | 3.0%0.8% |
| 3 Year | 72.9%60.9% | 57.1%46.4% | 47.3%37.5% |
| 5 Year | 102.9%77.0% | 57.0%40.3% | 54.7%37.5% |
Price Volatility Vs. Market
How volatile is Community Bank System's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does Community Bank System's (NYSE:CBU) Share Price Gain of 67% Match Its Business Performance?3 weeks ago | Simply Wall St
Despite Its High P/E Ratio, Is Community Bank System, Inc. (NYSE:CBU) Still Undervalued?1 month ago | Simply Wall St
Should You Be Worried About Insider Transactions At Community Bank System, Inc. (NYSE:CBU)?Valuation
Is Community Bank System undervalued based on future cash flows and its price relative to the stock market?
19.44x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Community Bank System's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Community Bank System's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Community Bank System is overvalued based on earnings compared to the US Banks industry average.
Community Bank System is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Community Bank System is poor value based on expected growth next year.
Price Based on Value of Assets
Community Bank System is overvalued based on assets compared to the US Banks industry average.
Next Steps
Future Growth
How is Community Bank System expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
4.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Community Bank System's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).
Community Bank System's earnings are expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
Community Bank System's revenue growth is positive but not above the United States of America market average.
Community Bank System's earnings growth is positive but not above the United States of America market average.
Community Bank System's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Community Bank System will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Community Bank System performed over the past 5 years?
18.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Community Bank System's year on year earnings growth rate has been positive over the past 5 years.
Community Bank System's 1-year earnings growth is less than its 5-year average (3.5% vs 18.4%)
Community Bank System's earnings growth has not exceeded the US Banks industry average in the past year (3.5% vs 39.5%).
Return on Equity
Community Bank System has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Community Bank System used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Community Bank System improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Community Bank System's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Community Bank System has an acceptable proportion of non-loan assets held.
Community Bank System has a sufficient allowance for bad loans.
Community Bank System's liabilities are made up of primarily low risk sources of funding.
Community Bank System's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
Loans at Community Bank System are broadly funded by customer deposits.
Community Bank System has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is Community Bank System's current dividend yield, its reliability and sustainability?
2.45%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Community Bank System's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
Community Bank System's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Community Bank System's salary, the management and board of directors tenure and is there insider trading?
6.0yrs
Average management tenure
CEO
Mark Tryniski (58yo)
12.8yrs
Tenure
US$2,962,791
Compensation
Mr. Mark E. Tryniski has been the President and Chief Executive Officer at Community Bank System Inc., and its subsidiary, Community Bank, National Association (DeWitt, NY) since August 1, 2006. Mr. Trynis ...
CEO Compensation Analysis
Mark's remuneration is lower than average for companies of similar size in United States of America.
Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
6.0yrs
Average Tenure
56yo
Average Age
The average tenure for the Community Bank System management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
6.4yrs
Average Tenure
57.5yo
Average Age
The tenure for the Community Bank System board of directors is about average.
Insider Trading
Community Bank System insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 3,100 |
| Max Price | US$64.83 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 6,725 |
| Max Price | US$62.49 |
| Entity | Individual |
| Role | President Member of the Board of Directors |
| Shares | 11,369 |
| Max Price | US$62.88 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 1,700 |
| Max Price | US$60.80 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 3,693 |
| Max Price | US$60.39 |
Ownership Breakdown
Management Team
Joe Getman (61yo)
Executive VP & General Counsel
- Tenure: 11.4yrs
- Compensation: $881.93k
Scott Kingsley (53yo)
Executive VP & COO
- Tenure: 1.0yrs
- Compensation: $1.33m
Joe Serbun (57yo)
Executive VP & Chief Credit Officer
- Tenure: 9.4yrs
- Compensation: $673.34k
Joe Sutaris (51yo)
Executive VP
- Tenure: 1.0yrs
- Compensation: $910.70k
Hal Wentworth (53yo)
Senior Vice President of Retail Banking & Marketing
Susan Fox
Senior VP & Chief Information Officer
- Tenure: 2.7yrs
Aaron Friot
Senior VP & CTO
- Tenure: 1.6yrs
Joseph Lemchak (56yo)
Senior VP & Chief Investment Officer
- Tenure: 28.1yrs
Mark Tryniski (58yo)
President
- Tenure: 12.8yrs
- Compensation: $2.96m
Dorothy Quarltere
Chief Compliance Officer
Board Members
Michael Kallet (68yo)
Director
- Tenure: 3.5yrs
- Compensation: $99.17k
Brian Ace (63yo)
Director
- Tenure: 15.6yrs
- Compensation: $106.17k
Rick Stickels (57yo)
Director
- Tenure: 3.5yrs
- Compensation: $99.17k
Sally Steele (62yo)
Chair of the Board
- Tenure: 2.4yrs
- Compensation: $134.17k
Neil Fesette (52yo)
Director
- Tenure: 9.3yrs
- Compensation: $103.17k
John Parente (51yo)
Director
- Tenure: 9.3yrs
- Compensation: $104.39k
Mark Bolus (52yo)
Director
- Tenure: 9.3yrs
- Compensation: $103.67k
John Whipple (62yo)
Lead Director
- Tenure: 1.4yrs
- Compensation: $114.39k
Trey Pecor (48yo)
Director
- Tenure: 2.1yrs
- Compensation: $96.17k
Mark Tryniski (58yo)
President
- Tenure: 12.8yrs
- Compensation: $2.96m
Company Information
Community Bank System, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Community Bank System, Inc.
- Ticker: CBU
- Exchange: NYSE
- Founded: 1866
- Industry: regional banks
- Sector: banks
- Market Cap: US$3.315b
- Shares outstanding: 51.53m
- Website: Click here
Number of Employees
Location
- Community Bank System, Inc.
- 5790 Widewaters Parkway
- DeWitt
- New York
- 13214
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CBU | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1970 |
| CBY | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1970 |
Biography
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, and municipal customers. It opera ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/06/15 23:35 |
| End of Day Share Price | 2019/06/14 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.