Over the last four quarters, the company has surpassed consensus EPS estimates two times. Community Financial, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $184.75 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.67%. This compares to year-ago revenues of $176.34 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based o ...

SYRACUSE, N.Y., June 24, 2024 (GLOBE NEWSWIRE) -- Community Financial System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its second quarter ended June 30, 2024. Event: Earnings Conference Call – Second Quarter 2024 How: By conference call or from a simultaneous web cast Access: Conference Call Dial-In: 1-833-630-0464 1-412-317-1809 – Outside the U.S. & Canada The call will also be archived on the company's website for ...

SYRACUSE, N.Y., June 24, 2024 (GLOBE NEWSWIRE) -- Community Financial System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its second quarter ended June 30, 2024. Event: Earnings Conference Call – Second Quarter 2024 When: Tuesday, July 23, 2024 at 11:00 a.m. Eastern Time How: By conference call or from a simultaneous web cast Access: Conference Call Dial-In: 1-833-630-0464 1-412-317-1809 – Outside the U.S. & Canada Webc ...

Presenters will include: Attendance at the live event is by invitation only and requires advance registration. However, the company invites all interested participants to access the live webcast, which will include video, audio, and presentation slides, at https://communityfinancialsystem.com/investor-services/event-calendar/default.aspx. Virtual attendees will also have the opportunity to participate in the question-and-answer session. Following the conclusion of the event, a replay of the webcast will be ...

SYRACUSE, N.Y., June 18, 2024 (GLOBE NEWSWIRE) -- Community Financial System, Inc. ("the Company") (NYSE: CBU) announced today that it will host an in-person and virtual Investor Day on Friday, September 6, 2024, starting at 8:00 AM ET at the New York Stock Exchange conference facilities. The senior leadership team will provide insights into the company's strategies, performance, and future outlook. The event will feature discussions on each line of business—Banking, Employee Benefit Services, Insurance Ser ...

Certain reclassifications have been made to prior period balances to conform to the current period's presentation. Recently Adopted Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, to update reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance by the CODM. ASU 2023-07 is effective for fiscal y ...

Community Bank System, Inc. (NYSE:CBU) Q1 2024 Results Conference Call April 23, 2024 11:00 AM ET Company Participants Dimitar Karaivanov - President and Chief Executive Officer Joseph Sutaris - Chief Financial Officer Conference Call Participants Steve Moss - B. Riley FBR Christopher O'Connell - KBW Matthew Breese - Stephens Inc I would now like to turn the conference over to Dimitar Karaivanov, President and Chief Executive Officer of Community Bank Systems. Please go ahead. Dimitar Karaivanov Operator Go ...

For the quarter ended March 2024, Community Bank System (CBU) reported revenue of $178.29 million, up 43.2% over the same period last year. EPS came in at $0.82, compared to $0.86 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $178.97 million, representing a surprise of -0.38%. The company delivered an EPS surprise of +3.80%, with the consensus EPS estimate being $0.79.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

For further information, please contact: 5790 Widewaters Parkway, DeWitt, N.Y. 13214 Joseph E. Sutaris, EVP & Chief Financial Officer Office: (315) 445-7396 News Release SYRACUSE, N.Y. — April 23, 2024 — Community Bank System, Inc. (the "Company") (NYSE: CBU) reported first quarter 2024 results that are included in the attached supplement. This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https:// ...

31 (1) Included in the common shares repurchased were 1,249 shares acquired by the Company in connection with the administration of a deferred compensation plan. These shares were not repurchased as part of the publicly announced repurchase plan described above. Unless otherwise noted, all earnings per share ("EPS") figures disclosed in the MD&A refer to diluted EPS. The term "this year" and equivalent terms refer to results in calendar year 2023, "last year" and equivalent terms refer to calendar year 2022 ...