Community Bank System, Inc. (NYSE:CBU) banking and financial services provider, is reporting second quarter earnings results on Monday 27th July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.60 per share.
For the full year, analysts predict revenues of $ 607.01 million, while looking forward to income of $ 2.75 per share.
Previous Quarter Performance
Community Bank System, Inc. communicated income for the first quarter of $ 0.77 per share, from the revenue of $ 148.68 million. The quarterly earnings decreased 4.94 percent while revenues extended 3.57 percent compared with the same quarter last year.
Street analysts expected Community Bank System, Inc. to report income of $ 0.74 per share on revenue of $ 148.96 million for the first quarter. The bottom line results beat street analysts by $ 0.03 or 4.05 percent, at the same time, top line results fell short of analysts by $ 0.28 million or 0.19 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CBU was $ 59.21, representing a 25.95 % increase from the 52 week low of $ 47.01 and a 18.48 % decrease over the 52 week high of $ 72.63.
The company has a market capital of $ 3.08 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Stock Dividend Announcement
On May 20, 2020, the board of directors authorized quarterly dividend of $ 0.41 per share to holders of record as of the close of business on June 15, 2020, with payment date of July 10, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Community Bank System, Inc. will be hosting a conference call at 11:00 AM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 877-317-6789 U.S. or +1-412-317-6789 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.webcaster4.com/Webcast/Page/995/35311
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, and municipal customers.
