Latest Community Bank System (CBU) Headlines
Community Bank System declares dividend of USD0.28
M2 - Wed Feb 26, 5:00AM CST
Community Bank System Inc (NYSE:CBU), the bank holding company for US-based Community Bank NA, declared a common stock cash dividend of USD0.28 per share for the quarter, the company declared on Tuesday.
Community Bank System, Inc. Announces Quarterly Common Stock Dividend
Business Wire - Tue Feb 25, 3:34PM CST
Community Bank System, Inc. (NYSE:CBU) announced that it has declared a quarterly cash dividend of $0.28 per share on its' common stock. The dividend will be payable on April 10, 2014 to shareholders of record as of March 14, 2014. The $0.28 cash dividend represents an annualized yield of 3.2% based on the closing share price of $ 35.03 on February 24, 2014.
Downtrend Call Working As Community Bank System Stock Falls 10.1% (CBU)
Comtex SmarTrend(R) - Fri Feb 21, 11:25AM CST
SmarTrend identified a Downtrend for Community Bank System (NYSE:CBU) on January 16th, 2014 at $38.47. In approximately 1 month, Community Bank System has returned 10.06% as of today's recent price of $34.60.
Community Bank System Has Returned 10.7% Since SmarTrend Recommendation (CBU)
Comtex SmarTrend(R) - Fri Feb 07, 5:07PM CST
SmarTrend identified a Downtrend for Community Bank System (NYSE:CBU) on January 16th, 2014 at $38.47. In approximately 3 weeks, Community Bank System has returned 10.68% as of today's recent price of $34.36.
Community Bank System (CBU) Enters Oversold Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Feb 03, 5:15AM CST
Community Bank System (CBU) Enters Oversold Territory
Susquehanna Beats on Lower Provisions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 23, 12:58PM CST
Susquehanna Bancshares's fourth-quarter 2013 operating earnings came in at 22 cents per share, beating the Zacks Consensus Estimate by a penny.
Signature Bank Beats Q4 Earnings on Higher Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 22, 12:57PM CST
Signature Bank reported fourth-quarter 2013 operating earnings of $1.34 per share, which beat the Zacks Consensus Estimate of $1.26.
Community Bank System Reports Fourth Quarter and Full Year 2013 Results
Business Wire - Tue Jan 21, 3:15PM CST
--- Completed branch acquisition in Northeast Pennsylvania
OFG Bancorp Down to Strong Sell - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 20, 4:20PM CST
Zacks Investment Research downgraded OFG Bancorp to a Zacks Rank #5 (Strong Sell) on Jan 18, 2014.
Community Bank System Announces Fourth Quarter and Year End 2013 Earnings Conference Call
PR Newswire - Fri Jan 17, 8:00AM CST
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 year ended December 31, 2013.
Community Bank System (CBU): Strong Industry, Solid Earnings Estimate Revisions - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Jan 16, 7:58AM CST
One stock that might be an intriguing choice for investors right now is Community Bank System (CBU) as it is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective
Shares of CBU Up 30.7% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Jan 15, 9:23AM CST
SmarTrend identified an Uptrend for Community Bank System (NYSE:CBU) on May 20th, 2013 at $29.69. In approximately 8 months, Community Bank System has returned 30.71% as of today's recent price of $38.80.
Big Break for Banks on Volcker Rule (Update 2)
at The Street - Tue Jan 14, 6:25PM CST
Regulators decide not to force banks to sell their investments in CDOs backed by trust preferred securities, staving off huge writedowns.
Community Bank System Shares Up 31.3% Since SmarTrend's Buy Recommendation (CBU)
Comtex SmarTrend(R) - Tue Jan 07, 4:53PM CST
SmarTrend identified an Uptrend for Community Bank System (NYSE:CBU) on May 20th, 2013 at $29.69. In approximately 8 months, Community Bank System has returned 31.35% as of today's recent price of $38.99.
No Volcker Rule Uncertainty for This Community Bank
at The Street - Thu Jan 02, 9:35AM CST
Community Bank Systems sold securities that may be banned under the Volcker Rule, rather than waiting for a decision from regulators.
Community Bank System divests certain assets under Volcker Rule released in December 2013
M2 - Thu Jan 02, 5:43AM CST
Community Bank System Inc (NYSE:CBU), a provider of banking and financial services, on Tuesday said that its entire portfolio of bank and insurance trust preferred collateralised debt obligation (CDO) securities was sold due to the uncertainties created by the final rules implementing the Volcker Rule, released jointly by the Federal Reserve and other federal regulatory agencies on 10 December 2013.
Community Bank System, Inc. Disposes of Certain Assets in Response to the Volcker Rule
Business Wire - Tue Dec 31, 6:56AM CST
Community Bank System, Inc. (NYSE:CBU) announced that it has sold its entire portfolio of bank and insurance trust preferred collateralized debt obligation (CDO) securities in response to uncertainties created by the announcement of the final rules implementing the Volcker Rule, which was released jointly by the Federal Reserve and other federal regulatory agencies on December 10, 2013. The Company believes that the final rules that implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the "Volcker Rule", require banking entities to divest certain disallowed securities, including its holdings of trust preferred CDOs. In addition, the Company extinguished $226.4 million of Federal Home Loan Bank (FHLB) term advances and sold $417.6 million of Treasury securities previously classified as "Held to Maturity". The impact of these actions was a pre-tax loss of approximately $6.9 million, or $0.12 per share, after-tax, which will be reflected in the Company's fourth quarter 2013 results. The $6.9 million pre-tax loss was comprised of $32.4 million of gains on the Treasury securities, $15.5 million of losses on the trust preferred CDOs, and a $23.8 million charge from the early debt extinguishment. The Company reinvested the net cash proceeds created from these transactions of approximately $246 million, into Treasury securities with similar durations to the assets sold in order to replace the net interest income impact of the security sales and debt reduction.
Community Bank System Up 34.6% Since SmarTrend Uptrend Call (CBU)
Comtex SmarTrend(R) - Tue Dec 24, 9:42AM CST
SmarTrend identified an Uptrend for Community Bank System (NYSE:CBU) on May 20th, 2013 at $29.69. In approximately 7 months, Community Bank System has returned 34.65% as of today's recent price of $39.97.
Community Bank System declares dividend of USD0.28
M2 - Wed Feb 26, 5:00AM CST
Community Bank System Inc (NYSE:CBU), the bank holding company for US-based Community Bank NA, declared a common stock cash dividend of USD0.28 per share for the quarter, the company declared on Tuesday.
Community Bank System, Inc. Announces Quarterly Common Stock Dividend
Business Wire - Tue Feb 25, 3:34PM CST
Community Bank System, Inc. (NYSE:CBU) announced that it has declared a quarterly cash dividend of $0.28 per share on its' common stock. The dividend will be payable on April 10, 2014 to shareholders of record as of March 14, 2014. The $0.28 cash dividend represents an annualized yield of 3.2% based on the closing share price of $ 35.03 on February 24, 2014.
Downtrend Call Working As Community Bank System Stock Falls 10.1% (CBU)
Comtex SmarTrend(R) - Fri Feb 21, 11:25AM CST
SmarTrend identified a Downtrend for Community Bank System (NYSE:CBU) on January 16th, 2014 at $38.47. In approximately 1 month, Community Bank System has returned 10.06% as of today's recent price of $34.60.
Community Bank System Has Returned 10.7% Since SmarTrend Recommendation (CBU)
Comtex SmarTrend(R) - Fri Feb 07, 5:07PM CST
SmarTrend identified a Downtrend for Community Bank System (NYSE:CBU) on January 16th, 2014 at $38.47. In approximately 3 weeks, Community Bank System has returned 10.68% as of today's recent price of $34.36.
Community Bank System (CBU) Enters Oversold Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Feb 03, 5:15AM CST
Community Bank System (CBU) Enters Oversold Territory
Susquehanna Beats on Lower Provisions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 23, 12:58PM CST
Susquehanna Bancshares's fourth-quarter 2013 operating earnings came in at 22 cents per share, beating the Zacks Consensus Estimate by a penny.
Signature Bank Beats Q4 Earnings on Higher Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 22, 12:57PM CST
Signature Bank reported fourth-quarter 2013 operating earnings of $1.34 per share, which beat the Zacks Consensus Estimate of $1.26.
Community Bank System Reports Fourth Quarter and Full Year 2013 Results
Business Wire - Tue Jan 21, 3:15PM CST
--- Completed branch acquisition in Northeast Pennsylvania
OFG Bancorp Down to Strong Sell - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 20, 4:20PM CST
Zacks Investment Research downgraded OFG Bancorp to a Zacks Rank #5 (Strong Sell) on Jan 18, 2014.
Community Bank System Announces Fourth Quarter and Year End 2013 Earnings Conference Call
PR Newswire - Fri Jan 17, 8:00AM CST
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 year ended December 31, 2013.
Community Bank System (CBU): Strong Industry, Solid Earnings Estimate Revisions - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Jan 16, 7:58AM CST
One stock that might be an intriguing choice for investors right now is Community Bank System (CBU) as it is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective
Shares of CBU Up 30.7% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Jan 15, 9:23AM CST
SmarTrend identified an Uptrend for Community Bank System (NYSE:CBU) on May 20th, 2013 at $29.69. In approximately 8 months, Community Bank System has returned 30.71% as of today's recent price of $38.80.
Big Break for Banks on Volcker Rule (Update 2)
at The Street - Tue Jan 14, 6:25PM CST
Regulators decide not to force banks to sell their investments in CDOs backed by trust preferred securities, staving off huge writedowns.
Community Bank System Shares Up 31.3% Since SmarTrend's Buy Recommendation (CBU)
Comtex SmarTrend(R) - Tue Jan 07, 4:53PM CST
SmarTrend identified an Uptrend for Community Bank System (NYSE:CBU) on May 20th, 2013 at $29.69. In approximately 8 months, Community Bank System has returned 31.35% as of today's recent price of $38.99.
No Volcker Rule Uncertainty for This Community Bank
at The Street - Thu Jan 02, 9:35AM CST
Community Bank Systems sold securities that may be banned under the Volcker Rule, rather than waiting for a decision from regulators.
Community Bank System divests certain assets under Volcker Rule released in December 2013
M2 - Thu Jan 02, 5:43AM CST
Community Bank System Inc (NYSE:CBU), a provider of banking and financial services, on Tuesday said that its entire portfolio of bank and insurance trust preferred collateralised debt obligation (CDO) securities was sold due to the uncertainties created by the final rules implementing the Volcker Rule, released jointly by the Federal Reserve and other federal regulatory agencies on 10 December 2013.
Community Bank System, Inc. Disposes of Certain Assets in Response to the Volcker Rule
Business Wire - Tue Dec 31, 6:56AM CST
Community Bank System, Inc. (NYSE:CBU) announced that it has sold its entire portfolio of bank and insurance trust preferred collateralized debt obligation (CDO) securities in response to uncertainties created by the announcement of the final rules implementing the Volcker Rule, which was released jointly by the Federal Reserve and other federal regulatory agencies on December 10, 2013. The Company believes that the final rules that implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the "Volcker Rule", require banking entities to divest certain disallowed securities, including its holdings of trust preferred CDOs. In addition, the Company extinguished $226.4 million of Federal Home Loan Bank (FHLB) term advances and sold $417.6 million of Treasury securities previously classified as "Held to Maturity". The impact of these actions was a pre-tax loss of approximately $6.9 million, or $0.12 per share, after-tax, which will be reflected in the Company's fourth quarter 2013 results. The $6.9 million pre-tax loss was comprised of $32.4 million of gains on the Treasury securities, $15.5 million of losses on the trust preferred CDOs, and a $23.8 million charge from the early debt extinguishment. The Company reinvested the net cash proceeds created from these transactions of approximately $246 million, into Treasury securities with similar durations to the assets sold in order to replace the net interest income impact of the security sales and debt reduction.
Community Bank System Up 34.6% Since SmarTrend Uptrend Call (CBU)
Comtex SmarTrend(R) - Tue Dec 24, 9:42AM CST
SmarTrend identified an Uptrend for Community Bank System (NYSE:CBU) on May 20th, 2013 at $29.69. In approximately 7 months, Community Bank System has returned 34.65% as of today's recent price of $39.97.
