Brokers Issue Forecasts for CBU Q1 Earnings

Community Bank System, Inc. (NYSE:CBU - Free Report) - Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Community Bank System in a research note issued to investors on Thursday, January 23rd. DA Davidson analyst M. Navas anticipates 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 $4.01 per share.

Community Bank System (NYSE:CBU - Get Free Report) last issued its earnings results on Tuesday, January 21st. The bank reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.04. The firm had revenue of $196.30 million for the quarter, compared to the consensus estimate of $190,950 billion. Community Bank System had a return on equity of 10.94% and a net margin of 19.40%. The business's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 earnings per share.

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

Community Bank System Stock Up 0.8 %

Shares of CBU stock traded up $0.51 on Friday, hitting $65.50. The company's stock had a trading volume of 286,094 shares, compared to its average volume of 239,780. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 19.04 and a beta of 0.67. Community Bank System has a fifty-two week low of $41.50 and a fifty-two week high of $73.39. The firm's fifty day moving average price is $65.01 and its 200-day moving average price is $61.42.

Hedge Funds Weigh In On Community Bank System

Several institutional investors and hedge funds have recently made changes to their positions in CBU. Versant Capital Management Inc lifted its stake in Community Bank System by 99.2% in the fourth quarter. Versant Capital Management Inc now owns 478 shares of the bank's stock valued at $29,000 after buying an additional 238 shares in the last quarter. Point72 DIFC Ltd bought a new position in shares of Community Bank System in the second quarter valued at $76,000. KBC Group NV increased its holdings in Community Bank System by 23.6% during the third quarter. KBC Group NV now owns 1,816 shares of the bank's stock worth $105,000 after buying an additional 347 shares during the last quarter. Stone House Investment Management LLC raised its position in Community Bank System by 51.0% during the third quarter. Stone House Investment Management LLC now owns 2,360 shares of the bank's stock worth $137,000 after acquiring an additional 797 shares in the last quarter. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Community Bank System in the 4th quarter valued at about $141,000. Institutional investors and hedge funds own 73.79% of the company's stock.

Insider Buying and Selling

In other Community Bank System news, Director John F. Whipple sold 3,937 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $73.10, for a total transaction of $287,794.70. Following the completion of the sale, the director now directly owns 5,823 shares of the company's stock, valued at approximately $425,661.30. The trade was a 40.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.89% of the stock is owned by corporate insiders.

Community Bank System Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Friday, March 14th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Friday, March 14th. Community Bank System's dividend payout ratio is 53.49%.

About Community Bank System

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.