News & Videos - COMMUNITY BANK SYSTEM INC.

SYRACUSE, N.Y., March 25, 2024 (GLOBE NEWSWIRE) -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company’s financial and operating performance during its first quarter ended March 31, 2024. Event: Earnings Conference Call – First Quarter 2024 When: Tuesday, April 23, 2024 at 11:00 a.m. Eastern Time How: By conference call or from a simultaneous web cast Access: Conference Call Dial-In: 1-833-630-0464 1-412-317-1809 – Outside the U.S....

SYRACUSE, N.Y., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company’s financial and operating performance during its fourth quarter and full year ended December 31, 2023. Event: Earnings Conference Call – Fourth Quarter 2023 When: Tuesday, January 23, 2024 at 11:00 a.m. Eastern Time How: By conference call or from a simultaneous web cast Access: Conference Call Dial-In: 1-833-630-0464 1-412-317-1809...

SYRACUSE, N.Y., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company’s financial and operating performance during its third quarter ended September 30, 2023. Event: Earnings Conference Call – Third Quarter 2023 When: Tuesday, October 24, 2023 at 11:00 a.m. Eastern Time How: By conference call or from a simultaneous web cast Access: Conference Call Dial-In: 1-833-630-0464 1-412-317-1809 – Outside...

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported second quarter 2023 results that are included in the attached supplement. This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://ir.communitybanksystem.com/news-presentations/press-releases/ . An archived webcast of the earnings call will be available on this site for one full year. This press release features...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on October 10, 2023 to shareholders of record as of September 15, 2023. The $0.45 cash dividend represents a $0.01, or 2.27%, increase and an annualized yield of 3.71% based on the closing share price of $48.58 on July 18, 2023. President and Chief Executive Officer, Mark E. Tryniski, commented, “The payment of...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) today announced that Mark E. Tryniski will retire as the Company’s President and Chief Executive Officer (“CEO”) effective as of December 31, 2023. Since August 2006, Mr. Tryniski has served as the President, CEO and Director of the Company and its wholly owned banking subsidiary, Community Bank, N.A. (the “Bank”). Mr. Tryniski has agreed, if nominated, to serve as a Director of the Company and the Bank until December 31,...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) today announced that Community Bank, N.A., its wholly-owned banking subsidiary (the “Bank”), has appointed Michael T. Cerminaro as the President and Chief Executive Officer of Community Bank’s Wealth Management division. This appointment and succession reflects the Company’s long standing commitment to growth and investment in its wealth management business line. Dimitar Karaivanov, the Company’s Executive Vice President and...

Community Bank System Announces Second Quarter 2023 Earnings Conference Call PR Newswire SYRACUSE, N.Y., June 26, 2023 SYRACUSE, N.Y. , June 26, 2023 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its second quarter ended June 30, 2023 . Event: Earnings Conference Call – Second Quarter 2023 When: Monday, July 31, 2023 at 11:00 a.m. Eastern Time How: By conference call or...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock. The dividend will be payable on July 10, 2023 to Shareholders of record as of June 15, 2023. The $0.44 cash dividend represents an annualized yield of 3.85% based on the closing share price of $45.69 on May 16, 2023. The Company also announced that its Shareholders voted in line with the Board of Directors’ recommendations on all proposals...

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2023 net income of $5.8 million, or $0.11 per fully-diluted share. This compares to $47.1 million of net income, or $0.86 per fully-diluted share for the first quarter of 2022. The $0.75 decrease in earnings per share was primarily due to the impact of the previously announced strategic balance sheet repositioning executed during the quarter to provide the Company with greater flexibility in managing balance sheet...

Community Bank System Announces First Quarter 2023 Earnings Conference Call PR Newswire SYRACUSE, N.Y., March 27, 2023 SYRACUSE, N.Y. , March 27, 2023 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its first quarter ended March 31, 2023 . Event: Earnings Conference Call – First Quarter 2023 When: Tuesday, April 25, 2023 at 11:00 a.m. Eastern Time How: By conference call...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock. The dividend will be payable on April 10, 2023 to shareholders of record as of March 15, 2023. The $0.44 cash dividend represents an annualized yield of 2.94% based on the closing share price of $59.93 on February 14, 2023. Community Bank System, Inc. operates more than 210 customer facilities across Upstate New York, Northeastern...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced today the completion of a balance sheet repositioning related to its investment securities portfolio. The Company executed the sale of $786.1 million in book value of its lower-yielding available-for-sale debt securities for an estimated after-tax realized loss of approximately $39.6 million. Proceeds from the sale of $733.8 million were redeployed towards paying off existing wholesale borrowings with a spread differential of...

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter 2022 net income of $52.5 million, or $0.97 per fully-diluted share. This compares to $43.6 million of net income, or $0.80 per fully-diluted share for the fourth quarter of 2021. The $0.17, or 21.3%, increase in earnings per share was primarily attributable to an increase in net interest income and a decrease in fully-diluted average shares outstanding, offset, in part, by higher operating expenses, lower...

Community Bank System Announces Fourth Quarter and Full Year 2022 Earnings Conference Call PR Newswire SYRACUSE, N.Y., Dec. 22, 2022 SYRACUSE, N.Y. , Dec. 22, 2022 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its fourth quarter and full year ended December 31, 2022 . Event: Earnings Conference Call – Fourth Quarter 2022 When: Tuesday, January 24, 2023 at 11:00 a.m....

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock. The dividend will be payable on January 10, 2023 to shareholders of record as of December 15, 2022. The $0.44 cash dividend represents an annualized yield of 2.69% based on the closing share price of $65.38 on November 15, 2022. Community Bank System, Inc. operates more than 210 customer facilities across Upstate New York, Northeastern...

Community Bank System, Inc. (NYSE: CBU) reported third quarter 2022 net income of $48.7 million, or $0.90 per fully-diluted share. This compares to $45.3 million of net income, or $0.83 per fully-diluted share for the third quarter of 2021. The $0.07, or 8.4%, increase in earnings per share was primarily attributable to increases in net interest income and noninterest revenues and a decrease in fully-diluted average shares outstanding, offset, in part, by higher operating expenses and increases...

Community Bank System Announces Third Quarter 2022 Earnings Conference Call PR Newswire SYRACUSE, N.Y., Sept. 23, 2022 SYRACUSE, N.Y. , Sept. 23, 2022 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its third quarter ended September 30, 2022 . Event: Earnings Conference Call – Third Quarter 2022 When: Monday, October 24, 2022 at 11:00 a.m. Eastern Time How: By conference...

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced two senior management changes. Joseph F. Serbun, President, Retail Banking, of the Company and its wholly-owned subsidiary, Community Bank, N.A. (the “Bank”), has decided to retire after more than 14 years of service. Mr. Serbun joined the Bank in January 2008 as Vice President and Commercial Team Leader, and was named to the executive management committee in 2010. Since 2010, he has served in important senior management...

Community Bank System, Inc. (NYSE: CBU) reported second quarter 2022 net income of $39.8 million, or $0.73 per fully-diluted share. This compares to $47.9 million of net income, or $0.88 per fully-diluted share for the second quarter of 2021. The $0.15, or 17.0%, decrease in earnings per share was primarily attributable to increases in the provision for credit losses and operating expenses, offset, in part, by increases in net interest income and noninterest revenues and decreases in income...