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Community Bank System Q3 Profit Rises, Meets View
(RTTNews) - Community Bank System Inc. (CBU) reported Monday that its third quarter net income increased to $48.69 million or $0.90 per share from $45.34 million or $0.83 per share in the prior-year quarter. Excluding item, operating earnings were also $0.90 per share.
On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.90 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew 11.9 percent to $175.6 million from last year. Analysts expected revenues of $174.08 million for the quarter.
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Community Bank System Promotes COO Dimitar Karaivanov To Succeed Mark Tryniski As President And CEO
Community Bank System, Inc. (CBU) announced Wednesday that Mark Tryniski will retire as the Company's President and Chief Executive Officer, effective as of December 31, 2023. He joined the Company in 2003 as Chief Financial Officer and has been at the helm of the company and its wholly owned banking subsidiary, Community Bank, N.A. since August 2006.
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809 gün önce
Japan Shares Likely To Remain Rangebound On Monday
The Japanese stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had surged more than 1,430 points or 3.2 percent. The Nikkei 225 now sits just beneath the 45,050-point plateau and it may see mild upside on Monday.
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6 dakika önce
Tech Shares May Lift South Korea Stock Market
The South Korea stock market has finished lower in two of three days since ending the 11-day winning streak in which it had surged more than 300 points or 9.6 percent. The KOSPI sits just above the 3,440-point plateau and it may tick higher again on Monday.
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21 dakika önce
Hong Kong Inflation Data Due On Monday
Hong Kong will on Monday release August figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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1s 21 dakika önce
Canadian Dollar Advances Against Majors
The Canadian dollar firmed against its major counterparts in the New York session on Friday.
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2 gün önce
Swiss Market Ends Higher For 2nd Straight Session
The Switzerland market opened on a slightly weak note on Friday, but recovered swiftly and then kept edging higher to eventually end the day's session on a firm note.
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2 gün önce
Major European Markets Close Slightly Weak
The major European markets closed slightly down on Friday as investors assessed recent moves of the central banks and weighed the potential impact of tariffs. A bit of profit taking also contributed to the market's weak close.
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2 gün önce
TSX Marches On, Hits Fresh Record High; Materials Stocks Rally
The Canadian market is up firmly in positive territory a little past noon on Friday, extending recent gains, thanks largely to strong buying in the materials sector. Energy stocks are struggling for support due to weak oil prices.
The mood remains fairly bullish amid expectations the Bank of Canada and the Federal Reserve will announce further easing this year to boost growth.
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2 gün önce
