New insider activity at Community Bank System ( (CBU) ) has taken place on January 28, 2025.
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Jeffrey M. Levy, the Senior Vice President and Chief Banking Officer, recently executed a sale of 1,136 shares of Community Bank System stock, amounting to a total value of $74,953.
Recent Updates on CBU stock
Community Bank System recently reported strong fourth-quarter and full-year 2024 financial results, with record high revenues and net interest income, leading to a notable price target increase by Keefe Bruyette analyst Christopher O’Connell. The analyst raised the price target due to improved net interest margin estimates following a Q4 earnings beat, highlighting the bank’s continued margin expansion. The company’s Q4 net income reached $49.8 million, or $0.94 per share, with total revenues of $196.3 million, surpassing consensus estimates. Despite a slight dip in deposits, the bank maintained a strong financial position with a Tier 1 leverage ratio of 9.19%. The company’s diversified revenue streams and strategic growth focus contributed to its robust performance, prompting positive future outlooks.
More about Community Bank System
YTD Price Performance: 8.56%
Average Trading Volume: 249,000
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.45B
