Equities Analysts Offer Predictions for CBU FY2025 Earnings

Community Bank System, Inc. (NYSE:CBU) – Investment analysts at DA Davidson increased their FY2025 EPS estimates for shares of Community Bank System in a report issued on Thursday, January 23rd. DA Davidson analyst M. Navas now anticipates that the bank will earn $4.55 per share for the year, up from their previous forecast of $3.70. The consensus estimate for Community Bank System’s current full-year earnings is $4.01 per share.

Community Bank System (NYSE:CBU) last announced its quarterly earnings results on Tuesday, January 21st. The bank reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. Community Bank System had a net margin of 19.40% and a return on equity of 10.94%. The firm had revenue of $196.30 million for the quarter, compared to analysts’ expectations of $190.95 million. During the same period in the previous year, the company posted $0.76 earnings per share. Community Bank System’s revenue was up 10.8% compared to the same quarter last year.

A number of other brokerages have also issued reports on CBU. Piper Sandler initiated coverage on shares of Community Bank System in a research note on Thursday, December 5th. They issued a “neutral” rating and a $70.00 price target for the company. Keefe, Bruyette & Woods upped their target price on shares of Community Bank System from $74.00 to $76.00 and gave the company a “market perform” rating in a research note on Wednesday, January 22nd. 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 research note on Monday, October 28th.

Community Bank System Stock Performance

Shares of CBU stock opened at $65.29 on Monday. 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 company’s fifty day moving average price is $64.91 and its two-hundred day moving average price is $61.82. The firm has a market capitalization of $3.43 billion, a P/E ratio of 18.98 and a beta of 0.67. Community Bank System has a 12 month low of $41.50 and a 12 month high of $73.39.

Institutional Trading of Community Bank System

Several institutional investors have recently modified their holdings of CBU. Riggs Asset Managment Co. Inc. increased its holdings in shares of Community Bank System by 14.0% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 6,111 shares of the bank’s stock valued at $378,000 after buying an additional 750 shares in the last quarter. Invesco LLC increased its position in shares of Community Bank System by 7.0% in the fourth quarter. Invesco LLC now owns 6,763 shares of the bank’s stock worth $417,000 after acquiring an additional 442 shares in the last quarter. KBC Group NV raised its holdings in shares of Community Bank System by 28.6% during the fourth quarter. KBC Group NV now owns 2,335 shares of the bank’s stock valued at $144,000 after acquiring an additional 519 shares during the period. Geneos Wealth Management Inc. purchased a new stake in shares of Community Bank System in the 4th quarter valued at approximately $141,000. Finally, Janney Montgomery Scott LLC boosted its stake in Community Bank System by 1.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 50,322 shares of the bank’s stock worth $3,104,000 after purchasing an additional 499 shares during the period. Institutional investors and hedge funds own 73.79% of the company’s stock.

Insider Activity at Community Bank System

In related news, SVP Jeffrey M. Levy sold 1,136 shares of the stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $65.98, for a total value of $74,953.28. Following the sale, the senior vice president now owns 6,539 shares of the company’s stock, valued at $431,443.22. This trade represents a 14.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John F. Whipple sold 3,937 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 5,823 shares in the company, valued at $425,661.30. The trade was a 40.34 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.89% of the company’s stock.

Community Bank System Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Friday, March 14th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Friday, March 14th. Community Bank System’s dividend payout ratio (DPR) is presently 53.49%.

Community Bank System Company Profile

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.