What is DA Davidson’s Forecast for CBU Q1 Earnings?

Community Bank System, Inc. (NYSE:CBU) – Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for Community Bank System in a report issued on Thursday, January 23rd. DA Davidson analyst M. Navas expects that the bank will post earnings per share of $0.90 for the quarter. The consensus estimate for Community Bank System’s current full-year earnings is $4.01 per share.

Community Bank System (NYSE:CBU) last posted its quarterly earnings data on Tuesday, January 21st. The bank reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. The company had revenue of $196.30 million during the quarter, compared to analyst estimates of $190,950 billion. Community Bank System had a net margin of 19.40% and a return on equity of 10.94%. The company’s revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the business posted $0.76 earnings per share.

Other analysts have also issued research reports about the stock. Raymond James raised shares of Community Bank System from a “market perform” rating to a “strong-buy” rating and set a $67.00 price objective for the company in a report on Monday, October 28th. Piper Sandler initiated coverage on shares of Community Bank System in a research note on Thursday, December 5th. They set a “neutral” rating and a $70.00 price target on the stock. Finally, Keefe, Bruyette & Woods increased their price target 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.

Community Bank System Stock Performance

NYSE CBU opened at $65.50 on Friday. The firm has a market cap of $3.44 billion, a price-to-earnings ratio of 19.04 and a beta of 0.67. The company has a 50 day moving average of $65.01 and a 200-day moving average of $61.52. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.42. Community Bank System has a 1-year low of $41.50 and a 1-year high of $73.39.

Hedge Funds Weigh In On Community Bank System

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Riggs Asset Managment Co. Inc. boosted its stake in 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 acquiring an additional 750 shares during the last quarter. Invesco LLC raised its holdings in 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 purchasing an additional 442 shares during the period. KBC Group NV raised its holdings in Community Bank System by 28.6% in the fourth quarter. KBC Group NV now owns 2,335 shares of the bank’s stock worth $144,000 after purchasing an additional 519 shares during the period. Geneos Wealth Management Inc. acquired a new stake in Community Bank System in the fourth quarter worth $141,000. Finally, Janney Montgomery Scott LLC raised its holdings in Community Bank System by 1.0% in the fourth 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. 73.79% of the stock is owned by institutional investors.

Insider Activity

In other Community Bank System news, 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 value of $287,794.70. Following the transaction, the director now directly owns 5,823 shares of the company’s stock, valued at approximately $425,661.30. This trade represents a 40.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.89% of the stock is owned by insiders.

Community Bank System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.46 per share. The ex-dividend date is Friday, March 14th. This represents a $1.84 annualized dividend and a dividend yield of 2.81%. Community Bank System’s dividend payout ratio (DPR) is currently 53.49%.

About Community Bank System

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.