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United States

Community Bank System Inc (CBU.N)

CBU.N on New York Stock Exchange

54.70USD
16 Feb 2018
Change (% chg)

$0.18 (+0.33%)
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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

Community Bank board says quarterly cash dividend of $0.32 per share on its common stock
Friday, 19 Aug 2016 06:45am EDT 

Community Bank System Inc : Board of directors declared a quarterly cash dividend of $0.32 per share on its common stock .One cent increase in company's new quarterly cash dividend over same quarter of last year.  Full Article

Community Bank System Q2 GAAP earnings per share $0.58
Wednesday, 20 Jul 2016 04:16pm EDT 

Community Bank System Inc : Community Bank System reports second quarter 2016 results . Q2 GAAP earnings per share $0.58 . Q2 revenue rose 17.7 percent to $107.1 million . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S .Q2 2016 net interest income was $68.3 million, an increase of $7.1 million.  Full Article

BRIEF-Community Bank System Posts Q4 EPS Of $1.40

* COMMUNITY BANK SYSTEM REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS