Q1 Earnings Forecast for CBU Issued By DA Davidson

Community Bank System, Inc. (NYSE:CBUFree Report) – Analysts at DA Davidson issued their Q1 2025 earnings estimates for Community Bank System in a report issued on Thursday, January 23rd. DA Davidson analyst M. Navas expects that the bank will earn $0.90 per share for the quarter. The consensus estimate for Community Bank System’s current full-year earnings is $4.00 per share.

A number of other research firms also recently issued reports on CBU. Raymond James raised shares of Community Bank System from a “market perform” rating to a “strong-buy” rating and set a $67.00 price objective on the stock in a report on Monday, October 28th. Piper Sandler assumed coverage on Community Bank System in a research report on Thursday, December 5th. They issued a “neutral” rating and a $70.00 price target for the company. Finally, Keefe, Bruyette & Woods lifted their price objective on Community Bank System from $74.00 to $76.00 and gave the company a “market perform” rating in a research report on Wednesday.

Read Our Latest Report on Community Bank System

Community Bank System Trading Up 0.1 %

Shares of NYSE:CBU opened at $64.96 on Friday. Community Bank System has a 52-week low of $41.50 and a 52-week high of $73.39. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 18.88 and a beta of 0.67. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.76 and a current ratio of 0.76. The stock’s 50-day simple moving average is $65.15 and its two-hundred day simple moving average is $61.26.

Community Bank System (NYSE:CBUGet Free Report) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04. Community Bank System had a return on equity of 11.03% and a net margin of 19.40%. The firm had revenue of $196.30 million for the quarter, compared to analysts’ expectations of $190,950 billion. The company’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.76 EPS.

Community Bank System Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Friday, March 14th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.84 annualized dividend and a yield of 2.83%. Community Bank System’s payout ratio is 53.49%.

Insider Buying and Selling at Community Bank System

In related news, Director John F. Whipple sold 3,937 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $73.10, for a total transaction of $287,794.70. Following the completion of the transaction, the director now owns 5,823 shares in the company, valued at approximately $425,661.30. This represents a 40.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.89% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. boosted its stake in Community Bank System by 11.5% during the second quarter. American Century Companies Inc. now owns 80,834 shares of the bank’s stock valued at $3,816,000 after buying an additional 8,360 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Community Bank System by 16.8% in the second quarter. Envestnet Asset Management Inc. now owns 55,679 shares of the bank’s stock valued at $2,629,000 after purchasing an additional 8,027 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Community Bank System by 8.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,770,648 shares of the bank’s stock worth $83,588,000 after purchasing an additional 142,909 shares during the last quarter. Renaissance Technologies LLC raised its stake in Community Bank System by 17.6% during the second quarter. Renaissance Technologies LLC now owns 80,008 shares of the bank’s stock valued at $3,777,000 after purchasing an additional 12,000 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Community Bank System by 41.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 9,935 shares of the bank’s stock worth $469,000 after buying an additional 2,912 shares during the last quarter. Institutional investors own 73.79% of the company’s stock.

Community Bank System Company Profile

(Get Free Report)

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, institutional, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as interest and noninterest -bearing checking, savings, and money market deposit accounts, as well as time deposits.

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