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Community Bank System Inc (CBU.N)

CBU.N on New York Stock Exchange

65.49USD
24 Apr 2019
Change (% chg)

$0.64 (+0.99%)
Prev Close
$64.85
Open
$64.55
Day's High
$65.70
Day's Low
$64.25
Volume
72,714
Avg. Vol
105,067
52-wk High
$66.96
52-wk Low
$54.47

Latest Key Developments (Source: Significant Developments)

Community Bank System, Inc. Announces Stockholder And Regulatory Approvals Received For Kinderhook Bank Corp. Merger
Wednesday, 24 Apr 2019 

Community Bank System Inc ::COMMUNITY BANK SYSTEM, INC. ANNOUNCES STOCKHOLDER AND REGULATORY APPROVALS RECEIVED FOR KINDERHOOK BANK CORP. MERGER.COMMUNITY BANK SYSTEM INC - KINDERHOOK REPORTED THAT MORE THAN 97% OF VOTES CAST WERE VOTED TO APPROVE MERGER.COMMUNITY BANK SYSTEM INC - MERGER IS EXPECTED TO CLOSE ON JULY 12, 2019.  Full Article

Community Bank System To Enhance Capital District Presence With Acquisition Of Kinderhook Bank Corp
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Kinderhook Bank Corp ::COMMUNITY BANK SYSTEM TO ENHANCE CAPITAL DISTRICT PRESENCE WITH ACQUISITION OF KINDERHOOK BANK CORP..COMMUNITY BANK SYSTEM - WILL ACQUIRE KINDERHOOK BANK CORP IN ALL CASH DEAL REPRESENTING TOTAL CONSIDERATION VALUED AT ABOUT $93.4 MILLION.COMMUNITY BANK SYSTEM - SHAREHOLDERS OF KINDERHOOK BANK CORP. WILL RECEIVE CONSIDERATION PER SHARE OF COMMON STOCK EQUAL TO $62.00 IN CASH.COMMUNITY BANK SYSTEM - EXPECTS TRANSACTION TO BE APPROXIMATELY $0.07 - $0.08 PER SHARE ACCRETIVE TO ITS FIRST FULL YEAR OF GAAP EARNINGS.COMMUNITY BANK SYSTEM - EXPECTS DEAL TO BE $0.09-$0.10/SHARE ACCRETIVE TO CASH EARNINGS, EXCLUDING ANY ONE-TIME TRANSACTION COSTS IN FIRST FULL YEAR.COMMUNITY BANK SYSTEM - TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES.  Full Article

Community Bank System reports record third quarter 2017 results
Monday, 23 Oct 2017 

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 

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