Community Bank System traded at $68.45 this Wednesday July 1st, increasing $1.33 or 1.98 percent since the previous trading session. Looking back, over the last four weeks, Community Bank System gained 8.36 percent. Over the last 12 months, its price rose by 15.68 percent. Looking ahead, we forecast Community Bank System to be priced at 66.07 by the end of this quarter and at 62.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
Community Bank System, Inc. is a financial holding company. The Company owns two subsidiaries: Community Bank, N.A. (CBNA or the Bank) and Benefit Plans Administrative Services, Inc. (BPAS). It operates in three segments: Banking, Employee Benefit Services, and All Other. The Banking segment provides lending and depository-related products and services to individuals, businesses and municipal enterprises. The Employee benefit services segment, consisting of BPAS and its subsidiaries, provides employee benefit trust services; collective investment fund; actuarial services, and healthcare consulting services. The All Other segment consists of wealth management services, including trust services provided by the personal trust unit within the Bank, broker-dealer and investment advisory services provided by Community Investment Services, Inc. (CISI), Oneida Wealth Management, Inc. (OWM) and The Carta Group, Inc, and asset management provided by Nottingham Advisors, Inc.