Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A.
Flawless balance sheet established dividend payer.
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
Stable Share Price: CBU has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CBU exceeded the US Banks industry which returned -27.6% over the past year.
Return vs Market: CBU underperformed the US Market which returned 6.7% over the past year.
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
2 weeks ago | Simply Wall StIf You Had Bought Community Bank System (NYSE:CBU) Stock Five Years Ago, You Could Pocket A 39% Gain Today
1 month ago | Simply Wall StIs Community Bank System, Inc.'s (NYSE:CBU) CEO Being Overpaid?
1 month ago | Simply Wall StWhen Should You Buy Community Bank System, Inc. (NYSE:CBU)?
Is Community Bank System undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CBU ($54.96) is trading above our estimate of fair value ($44.69)
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 (17.1x) compared to the US Banks industry average (9.3x).
PE vs Market: CBU is poor value based on its PE Ratio (17.1x) compared to the US market (16.2x).
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 (1.4x) compared to the US Banks industry average (0.8x).
How is Community Bank System forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
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 (-5.1% per year).
Earnings vs Market: CBU's earnings are forecast to decline over the next 3 years (-5.1% per year).
High Growth Earnings: CBU's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CBU's revenue (2.1% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: CBU's revenue (2.1% 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 (7.2%).
How has Community Bank System performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBU has high quality earnings.
Growing Profit Margin: CBU's current net profit margins (28.5%) are lower than last year (30.3%).
Past Earnings Growth Analysis
Earnings Trend: CBU's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: CBU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBU had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Banks industry average (1.7%).
Return on Equity
High ROE: CBU's Return on Equity (8.5%) is considered low.
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
Financial Institutions Analysis
Asset Level: CBU's Assets to Equity ratio (6x) is low.
Allowance for Bad Loans: CBU has a sufficient allowance for bad loans (175%).
Low Risk Liabilities: 95% 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 (58%).
Low Risk Deposits: CBU's Loans to Deposits ratio (73%) is appropriate.
Level of Bad Loans: CBU has an appropriate level of bad loans (0.5%).
What is Community Bank System current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CBU's dividend (2.98%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: CBU's dividend (2.98%) is low compared to the top 25% of dividend payers in the US market (4.6%).
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 reasonable payout ratio (50.1%), CBU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CBU's dividends in 3 years are forecast to be covered by earnings (62.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Tryniski (60yo)
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
Compensation vs Market: Mark's total compensation ($USD5.16M) is about average for companies of similar size in the US market ($USD5.84M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO, President & Director||13.92yrs||US$5.16m||0.32% $9.2m|
|Executive VP||2.08yrs||US$1.07m||0.015% $429.8k|
|Executive VP & General Counsel||12.5yrs||US$1.29m||0.088% $2.5m|
|Senior VP & Chief Investment Officer||29.17yrs||no data||no data|
|Senior VP & CTO||2.67yrs||no data||no data|
|Senior VP & Chief Information Officer||3.75yrs||no data||no data|
|Chief Compliance Officer||no data||no data||no data|
|Senior Vice President of Retail Banking & Marketing||no data||no data||no data|
|Senior VP & Chief Human Resources Officer||15.42yrs||no data||no data|
|President of Banking||20.42yrs||US$655.68k||no data|
Experienced Management: CBU's management team is seasoned and experienced (13.2 years average tenure).
|CEO, President & Director||13.92yrs||US$5.16m||0.32% $9.2m|
|Independent Director||4.58yrs||US$96.72k||0.10% $2.9m|
|Independent Director||4.58yrs||US$91.72k||0.089% $2.6m|
|Independent Director||3.17yrs||US$101.72k||0.029% $816.3k|
|Independent Director||16.67yrs||US$108.72k||0.12% $3.3m|
|Independent Chair of the Board||3.5yrs||US$136.72k||0.12% $3.5m|
|Independent Director||10.42yrs||US$106.22k||0.20% $5.8m|
|Independent Director||10.42yrs||US$105.72k||0.016% $465.5k|
|Independent Director||10.42yrs||US$106.31k||0.12% $3.5m|
|Lead Independent Director||2.5yrs||US$111.31k||0.00052% $14.9k|
Experienced Board: CBU's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CBU insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Community Bank System, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Community Bank System, Inc.
- Ticker: CBU
- Exchange: NYSE
- Founded: 1866
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.863b
- Shares outstanding: 52.09m
- Website: https://cbna.com
Number of Employees
- Community Bank System, Inc.
- 5790 Widewaters Parkway
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CBU||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 1985|
|CBY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1985|
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as checking, savings, and money market accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and lines of credit for consumers; and home equity products. In addition, the company offers broker-dealer and investment advisory; asset management; risk management; and employee benefit services, as well as operates as a full-service insurance agency that offers personal and commercial property insurance, and other risk management products. Further, it provides contribution plan administration, collective investment fund, retirement plan administration, fund administration, actuarial and benefits consulting, employee benefit trust, VEBA/HRA, and health and welfare consulting services. Additionally, the company offers wealth management, higher educational planning, fiduciary, risk management, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and advisory products, as well as transfer agency and master recordkeeping services. As of December 31, 2019, it had 231 branches in Upstate New York, as well as Northeastern Pennsylvania, Vermont, and Western Massachusetts. Community Bank System, Inc. was founded in 1866 and is headquartered in DeWitt, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 23:58|
|End of Day Share Price||2020/07/10 00:00|
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.