CBU

Community Financial System, Inc. Announces Quarterly Common Stock Dividend and Results of Annual Shareholders’ Meeting

Retrieved on: 
Mercoledì, Maggio 15, 2024
Banking, Professional Services, Finance, PwC, Community, CBU, Shareholder, LLP

Community Financial System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.

Key Points: 
  • Community Financial System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.
  • The dividend will be payable on July 10, 2024 to Shareholders of record as of June 14, 2024.
  • The $0.45 cash dividend represents an annualized yield of 3.78% based on the closing share price of $47.64 on May 14, 2024.
  • The Company also announced that its Shareholders voted in line with the Board of Directors’ recommendations on all proposals at its Annual Shareholders’ Meeting on May 15, 2024 and elected all twelve (12) of the directors standing for re-election for a one-year term.

Community Bank System, Inc. Changes Corporate Name to Community Financial System, Inc.

Retrieved on: 
Mercoledì, Maggio 15, 2024
Banking, Professional Services, Finance, Insurance, Community, Community Bank, N.A., Wealth management, BPAS, NAPA, Community Bank, Web Cartoonists' Choice Awards, CBU, National Association

Community Bank System, Inc. (NYSE: CBU) (the “Company”), a diversified financial services holding company operating four complementary business units: Community Bank N.A., Benefit Plan Administrative Services, Inc. (“BPAS”), OneGroup NY, Inc. (“OneGroup”), and Wealth Management, announced that it has changed its corporate name to “Community Financial System, Inc.” (“Community Financial System”) effective as of today.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”), a diversified financial services holding company operating four complementary business units: Community Bank N.A., Benefit Plan Administrative Services, Inc. (“BPAS”), OneGroup NY, Inc. (“OneGroup”), and Wealth Management, announced that it has changed its corporate name to “Community Financial System, Inc.” (“Community Financial System”) effective as of today.
  • The Company’s ticker symbol will not change and its common stock will start trading on the New York Stock Exchange as Community Financial System, Inc. on May 24, 2024.
  • “The new name – Community Financial System – allows us to emphasize the evolution of our capabilities, solutions and focus,” said Dimitar A. Karaivanov, President and CEO of the Company.
  • Bringing all of that under the new name, Community Financial System, underscores our mission and drives our inclusiveness as one company.”

Community Bank System, Inc. Reports First Quarter 2024 Results

Retrieved on: 
Martedì, Aprile 23, 2024
Banking, Professional Services, Finance, Community Bank, N.A., Multimedia, Internet, CBU, Acquisition, Loss, Security (finance)

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2024 results that are included in the attached supplement.

Key Points: 
  • Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2024 results that are included in the attached supplement.
  • This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://ir.communitybanksystem.com/news-presentations/press-releases/ .
  • An archived webcast of the earnings call will be available on this site for one full year.
  • The conference call can be accessed at 1-833-630-0464 (1-412-317-1809 if outside the United States and Canada).

NMDP BioTherapies Introduces Enhanced Cellular Materials for Allogeneic Cell Therapy Development

Retrieved on: 
Martedì, Aprile 16, 2024
Health, Health Technology, Genetics, Other Health, General Health, Pharmaceutical, Biotechnology, RUO, CBUS, CBU, Investment, NMDP, Match, Collection, Research, KIR, Drug Master File, Cryopreservation, Patient, GMP, DMF, CD16, Organization, Medical device

NMDP BioTherapies ℠, formerly Be The Match BioTherapies, a leader in cell and gene therapy development support, unveiled substantial upgrades to its cellular starting material offerings, including incorporating a Drug Master File (DMF) with its rapid-delivery, standard GMP leukopak to simplify regulatory filings.

Key Points: 
  • NMDP BioTherapies ℠, formerly Be The Match BioTherapies, a leader in cell and gene therapy development support, unveiled substantial upgrades to its cellular starting material offerings, including incorporating a Drug Master File (DMF) with its rapid-delivery, standard GMP leukopak to simplify regulatory filings.
  • “We have leveraged over three decades of experience in managing cellular product collections, working closely with cell and gene therapy developers to deliver an advanced allogeneic suite of compliant products,” said Tom Hochuli, President of NMDP BioTherapies.
  • “These investments in our cellular starting material offerings are a testament to our commitment to advancing the cell and gene therapy industry.
  • Recognizing the diverse stages of cell therapy development, NMDP BioTherapies has broadened its RUO leukopak capabilities.

University Credit Union Announces NIL Deal with Top California Baptist University Women's Basketball Player, Chloe Webb

Retrieved on: 
Lunedì, Aprile 8, 2024
University Credit Union, UCU, Baptist University, Partnership, Athlete, Student, WAC, Conference, NIL, CBU, NCAA, Faculty

LOS ANGELES, April 8, 2024 /PRNewswire/ -- University Credit Union (UCU) is thrilled to announce its first name, image, and likeness (NIL) deal with Chloe Webb from California Baptist University (CBU) who has demonstrated outstanding athleticism and helped secure her teams' invitation to the NCAA tournament by winning the Western Athletic Conference (WAC) title in women's basketball. The deal is the first-ever NIL agreement secured during the WAC tournament and is UCU's first NIL agreement with a student-athlete.

Key Points: 
  • The deal is the first-ever NIL agreement secured during the WAC tournament and is UCU's first NIL agreement with a student-athlete.
  • Chloe accepted an NIL partnership offer that secures her membership with UCU and her participation in promoting the financial well-being of all members in the university community.
  • "I am so excited to be one of the first student athletes to have this amazing opportunity to partner with an organization like University Credit Union," Chloe Webb said.
  • The NIL agreement aligns with UCU's 70-plus-year commitment to the academic and athletic success of university and college communities nationwide.

Community Bank System, Inc. Announces Its Quarterly Dividend

Retrieved on: 
Mercoledì, Febbraio 14, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, Community Bank, N.A., Acquisition, Community Bank, CBU, Legislation, Security (finance), Upstate New York

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.
  • The $0.45 cash dividend represents an annualized yield of 4.16% based on the closing share price of $43.25 on February 13, 2024.
  • Community Bank System, Inc. is a diversified financial services company with total assets of $15.6 billion focused on four main business lines – banking, benefits administration, insurance services and wealth management.
  • Community Bank System, Inc. is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU.

Community Bank System, Inc. Reports Fourth Quarter And Full Year 2023 Results

Retrieved on: 
Martedì, Gennaio 23, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, Multimedia, Internet, Community Bank, N.A., CBU, Video game

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter and full year 2023 results that are included in the attached supplement.

Key Points: 
  • Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter and full year 2023 results that are included in the attached supplement.
  • This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://ir.communitybanksystem.com/news-presentations/press-releases/ .
  • An archived webcast of the earnings call will be available on this site for one full year.
  • The conference call can be accessed at 1-833-630-0464 (1-412-317-1809 if outside the United States and Canada).

Community Bank System, Inc. Elects Michele Sullivan as New Independent Director

Retrieved on: 
Venerdì, Gennaio 19, 2024
Banking, Professional Services, Finance, CBU, Corporate governance, Woman, Risk, CPA, Risk management, CRMA, Community Bank, Retirement, Management, Community Bank, N.A., Audit

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced today the election of Michele Sullivan to its Board of Directors (the “Board”) as a new independent director, effective as of February 1, 2024.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced today the election of Michele Sullivan to its Board of Directors (the “Board”) as a new independent director, effective as of February 1, 2024.
  • Ms. Sullivan is a certified public accountant (CPA) and a certified risk management professional (CRMA).
  • Ms. Sullivan was also appointed to the Board of Directors of Community Bank, N.A., the Company’s wholly-owned banking subsidiary.
  • “We are pleased to welcome Michele Sullivan as a new independent director to the Board of Directors of Community Bank System, Inc. and Community Bank, N.A.,” said Eric E. Stickels, Chair of the Board of Directors.

Community Bank System, Inc. Announces Its Quarterly Dividend

Retrieved on: 
Mercoledì, Novembre 15, 2023
Professional Services, Other Professional Services, Finance, Asset Management, Banking, Personal Finance, Community Bank, Acquisition, NYSE, Security (finance), Indian Administrative Service, Community Bank, N.A., CBU, Legislation, Upstate New York

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.
  • The $0.45 cash dividend represents an annualized yield of 4.01% based on the closing share price of $44.87 on November 14, 2023.
  • Community Bank System, Inc. is a diversified financial services company with total assets of $15.4 billion focused on four main business lines – banking, benefits administration, insurance services and wealth management.
  • Community Bank System, Inc. is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU.

Community Bank System, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Martedì, Ottobre 24, 2023
Banking, Professional Services, Insurance, Finance, Insurance Services Office, Community Bank, N.A., Internet, NYSE, CBU, Multimedia

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported third quarter 2023 results that are included in the attached supplement.

Key Points: 
  • Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported third quarter 2023 results that are included in the attached supplement.
  • This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://ir.communitybanksystem.com/news-presentations/press-releases/ .
  • An archived webcast of the earnings call will be available on this site for one full year.
  • The conference call can be accessed at 1-833-630-0464 (1-412-317-1809 if outside the United States and Canada).