Community banking system – Consensus indicates potential increase of 2.4%
Community banking system found using ticker (CBU) now have 4 analysts covering the stock with the consensus suggesting a rating of “Hold”. The target price is between 80 and 74 with an average TP of 76.25. With the stock’s previous close at 74.48, this indicates that there is upside potential of 2.4%. There is a 50-day moving average of 73.51 and the 200-day moving average is 74.56. The market capitalization of the company is $ 4,051 million. More information on: https://cbna.com
Community Bank System operates as a bank holding company for Community Bank, NA, which provides various banking and other financial services to retail, commercial and municipal clients. It operates through three segments: Banking, Benefits Services and all others. The company offers various deposit products, such as chequing, savings and money market accounts, as well as term deposits. It also grants loans, including consumer mortgages; general purpose commercial and industrial loans and mortgages on commercial property; Paycheck Protection Program Loans; installment loans issued by selected dealers and guaranteed by automobiles, boats and other recreational vehicles; personal installment loans and lines of credit for consumers; and home equity products. In addition, the company offers brokerage and investment advisory services; treasury, investment and treasury management services; asset Management; and employee benefit services, and operates as a full-service insurance agency providing personal and business lines of insurance, as well as other risk management products and services. In addition, it provides services in the administration of contribution plans, employee benefit trusts, collective investment funds, pension plan administration, fund administration, transfer agency, actuarial and benefits consulting, VEBA / HRA and health and wellness consulting services. In addition, the company offers wealth management, retirement planning, higher education planning, trustee, risk management, trust and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds and advisory products, as well as major record keeping services. As of January 25, 2021, it operated approximately 230 customer facilities in upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts. Community Bank System was founded in 1866 and is headquartered in Onondaga, New York.