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United States

Community Bank System Inc (CBU.N)

CBU.N on New York Stock Exchange

64.32USD
15 Aug 2018
Change (% chg)

$-0.57 (-0.88%)
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Latest Key Developments (Source: Significant Developments)

Community Bank System reports record third quarter 2017 results
Monday, 23 Oct 2017 06:45am EDT 

Oct 23 (Reuters) - Community Bank System Inc :Community Bank System reports record third quarter 2017 results.Q3 operating earnings per share $0.69.Q3 GAAP earnings per share $0.68.Q3 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.Q3 revenue $137.3 million versus I/B/E/S view $139.3 million.Community Bank System Inc - ‍Q3 2017 net interest income was $84.4 million, an increase of $15.9 million compared to Q3 of 2016​.  Full Article

Community Bank System reports Q2 earnings per share $0.35
Monday, 31 Jul 2017 06:45am EDT 

July 31 (Reuters) - Community Bank System Inc :Community Bank System reports second quarter 2017 results.Q2 adjusted earnings per share $0.73.Q2 earnings per share $0.35.Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Q2 revenue rose 20.7 percent to $129.3 million.Community Bank System Inc - Qtrly net interest income was $78.0 million, an increase of $9.7 million, or 14.2%, compared to Q2 of 2016.Community Bank System - Declared a quarterly cash dividend of $0.32 per share on its common stock, compared to a $0.31 dividend declared in Q2 of 2016.Community Bank System Inc - ‍Adoption of amended accounting guidance resulted in a $2.2 million reduction of income tax expense in Q1 of 2017​.  Full Article

Community Bank System Q1 adjusted earnings per share $0.64
Monday, 24 Apr 2017 04:21pm EDT 

April 24 (Reuters) - Community Bank System Inc ::Community Bank System reports first quarter 2017 results.Q1 adjusted earnings per share $0.64.Q1 earnings per share $0.57.Q1 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.Q1 revenue rose 6.1 percent to $111.6 million.Community Bank System Inc - Q1 2017 net interest income was $67.3 million, an increase of $0.4 million, or 0.6 pct, compared to q1 of 2016.Q1 revenue view $110.7 million -- Thomson Reuters I/B/E/S.  Full Article

Community Bank System files for resale of 1.3 mln shares - SEC filing
Monday, 6 Feb 2017 06:00am EST 

Community Bank System Inc :Community Bank System Inc files for resale of 1.3 million shares of co's common stock being offered from time to time by selling stockholders - SEC filing.  Full Article

Community Bank System Q4 earnings $0.59 per share
Monday, 23 Jan 2017 06:40am EST 

Community Bank System Inc : Community Bank System reports fourth quarter and full year 2016 results . Q4 earnings per share $0.59 . Q4 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q4 revenue rose 11.3 percent to $109.2 million . Q4 revenue view $108.4 million -- Thomson Reuters I/B/E/S .Community Bank System Inc- qtrly net interest income was $70.2 million, an increase of $5.3 million, or 8.1 percent, compared to Q4 of 2015.  Full Article

Upon termination of deal under certain circumstances, NRS to pay Community bank system termination fee of $5.6 mln
Thursday, 8 Dec 2016 01:41pm EST 

Community Bank System Inc :Upon termination of deal under certain circumstances, NRS will to pay co termination fee of $5.6 million - SEC filing.  Full Article

Community Bank System to buy Northeast Retirement Services for $140 mln
Monday, 5 Dec 2016 06:45am EST 

Community Bank System Inc : Community Bank System enters into agreement to acquire Northeast Retirement Services, Inc. . Community Bank System Inc - deal for $140 million . Community Bank System Inc- transaction has been unanimously approved by boards of directors of both companies . Community Bank System Inc - deal for approximately $70 million of Community Bank System, Inc common stock and $70 million in cash . Community Bank System Inc - NRS will become a subsidiary of Benefit Plans Administrative Services Inc, a unit of Community Bank System . Community Bank System Inc - combination of NRS and BPAS will create an organization with over $80 million in annual revenue . Community Bank System - expects deal be about $0.16 accretive to its cash earnings per share in first full year, excluding acquisition-related expenses . Community Bank System-anticipates deal to be about $0.16 accretive to cash earnings per share in first full year, excluding acquisition-related expenses .Community Bank System- excluding acquisition-related expenses, it is expected impact of deal to be $0.04 accretive to GAAP EPS in its first full year.  Full Article

Merchants Bancshares to pay Community Bank termination fee of $10.7 mln
Thursday, 27 Oct 2016 05:04pm EDT 

Merchants Bancshares Inc :If deal is terminated under some circumstances relating to 3rd party takeover offer,co to pay Community Bank termination fee of $10.7 million.  Full Article