Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-13695 (Exact name of registrant as specified in its charter) | --- | --- | |---------------------------------------- ...

Investors might want to bet on Community Financial System (CBU) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual ...

Earnings of Community Financial System, Inc. (NYSE: NYSE: CBU ) will likely continue to grow on the back of reinvestment of fixed-rate loans. Further, interest rate cuts and healthy business activity will drive loan growth, which will, in turn, boost earnings. As a result, I’m expecting earningsAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, an ...

A downtrend has been apparent in Community Financial System (CBU) lately. While the stock has lost 5.8% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish ...

Community Bank System, Inc. (NYSE:CBU) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Dimitar Karaivanov - President and Chief Executive Officer Joseph Sutaris - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Breese - Stephens Inc Steve Moss - Raymond James Sharanjit Cheema - D.A. Davidson Christopher O'Connell - KBW Operator Good day and welcome to the Community Financial Systems Incorporated Third Quarter 2024 Earnings Conferen ...

Community Financial System (CBU) reported $189.81 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.2%. EPS of $0.83 for the same period compares to $0.82 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $186.6 million, representing a surprise of +1.72%. The company delivered an EPS surprise of -3.49%, with the consensus EPS estimate being $0.86.While investors closely watch year-over-year changes in headline numbers -- revenue an ...

Exhibit 99.1 News Release Community Financial System, Inc. Reports Third Quarter 2024 Results For further information, please contact: 5790 Widewaters Parkway, DeWitt, N.Y. 13214 Joseph E. Sutaris, EVP & Chief Financial Officer Office: (315) 445-7396 SYRACUSE, N.Y. — October 22, 2024 — Community Financial System, Inc. (the "Company") (NYSE: CBU) reported third quarter 2024 results that are included in the attached supplement. This earnings release, including supporting financial tables, is also available wi ...

Community Financial System (CBU) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.49%. A quarter ago, it was expected that this bank holding company would post earnings of $0.82 per share when it actually produced earnings of $0.95, delivering a surprise of 15.85%.Over the last four ...

Community Financial System (CBU) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Sin ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 3: TransMedics Group, Inc. (TMDX) : This medical technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days. TransMedics' shares gained 86.0% over the last six months compared with the S&P 500's advanced of 10.9%. The company possesses a Momentum Score of A. Carnival Corporation & plc (CCL) : This leisure ...