| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
CBU Overview
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A.
Community Bank System Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$67.13 |
| 52 Week High | US$52.37 |
| 52 Week Low | US$82.53 |
| Beta | 0.71 |
| 1 Month Change | -8.13% |
| 3 Month Change | -10.95% |
| 1 Year Change | 16.14% |
| 3 Year Change | 6.20% |
| 5 Year Change | 40.32% |
| Change since IPO | 1,720.48% |
Recent News & Updates
Community Bank System (NYSE:CBU) Is Increasing Its Dividend To US$0.43
Community Bank System, Inc. ( NYSE:CBU ) has announced that it will be increasing its dividend on the 8th of October to...
Community Bank System: Valuation Is A Concern, But The Stock Is Worth Holding
The sluggish net interest margin leaves near-term profitability potential uninspiring. Expenses continue to be well-managed, which should help support the valuation premium. The expansion into a fee income-oriented business is a smart move, especially in this low interest rate environment.
Community Bank System's (NYSE:CBU) Dividend Will Be Increased To US$0.43
Community Bank System, Inc.'s ( NYSE:CBU ) dividend will be increasing to US$0.43 on 8th of October. This makes the...
Shareholder Returns
| CBU | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.0% | 0.9% | -0.6% |
| 1Y | 16.1% | 63.3% | 33.8% |
Return vs Industry: CBU underperformed the US Banks industry which returned 63.3% over the past year.
Return vs Market: CBU underperformed the US Market which returned 33.8% over the past year.
Price Volatility
| CBU volatility | |
|---|---|
| CBU Beta | 0.71 |
| Industry Beta | 1.37 |
| Market Beta | 1 |
Stable Share Price: CBU is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CBU's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1866 | 2,927 | Mark Tryniski | https://cbna.com |
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as checking, savings, and money market deposit accounts, as well as time deposits.
Valuation
Is Community Bank System undervalued compared to its fair value and its price relative to the market?
19.09x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CBU ($67.13) is trading above our estimate of fair value ($65.31)
Significantly Below Fair Value: CBU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CBU is poor value based on its PE Ratio (19.1x) compared to the US Banks industry average (10.8x).
PE vs Market: CBU is poor value based on its PE Ratio (19.1x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: CBU's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CBU is overvalued based on its PB Ratio (1.8x) compared to the US Banks industry average (1.1x).
Future Growth
How is Community Bank System forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
-6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBU's earnings are forecast to decline over the next 3 years (-6.2% per year).
Earnings vs Market: CBU's earnings are forecast to decline over the next 3 years (-6.2% per year).
High Growth Earnings: CBU's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CBU's revenue (0.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: CBU's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBU's Return on Equity is forecast to be low in 3 years time (7.8%).
Past Performance
How has Community Bank System performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBU has high quality earnings.
Growing Profit Margin: CBU's current net profit margins (30.7%) are higher than last year (27.5%).
Past Earnings Growth Analysis
Earnings Trend: CBU's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: CBU's earnings growth over the past year (20.7%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: CBU earnings growth over the past year (20.7%) underperformed the Banks industry 36%.
Return on Equity
High ROE: CBU's Return on Equity (9.2%) is considered low.
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
Asset Level: CBU's Assets to Equity ratio (7.2x) is low.
Allowance for Bad Loans: CBU has a low allowance for bad loans (74%).
Low Risk Liabilities: 97% of CBU's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBU has an appropriate level of Loans to Assets ratio (49%).
Low Risk Deposits: CBU's Loans to Deposits ratio (58%) is appropriate.
Level of Bad Loans: CBU has an appropriate level of bad loans (1%).
Dividend
What is Community Bank System current dividend yield, its reliability and sustainability?
2.56%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CBU's dividend (2.56%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: CBU's dividend (2.56%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: CBU's dividends per share have been stable in the past 10 years.
Growing Dividend: CBU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.7%), CBU's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CBU's dividends in 3 years are forecast to be covered by earnings (56.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.7yrs
Average management tenure
CEO
Mark Tryniski (61 yo)
15.08yrs
Tenure
US$5,186,791
Compensation
Mr. Mark E. Tryniski has been the President and Chief Executive Officer of Community Bank System Inc., and its subsidiary, Community Bank, National Association (DeWitt, NY) since August 1, 2006. Mr. Trynis...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD5.19M) is about average for companies of similar size in the US market ($USD5.27M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CBU's management team is seasoned and experienced (13.7 years average tenure).
Board Members
Experienced Board: CBU's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Community Bank System, Inc.'s 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$3.620b
- Shares outstanding: 53.92m
- Website: https://cbna.com
Number of Employees
Location
- Community Bank System, Inc.
- 5790 Widewaters Parkway
- DeWitt
- Onondaga
- New York
- 13214-1883
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:02 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.