CBU Stock Summary and Trading Ideas (Community Financial System | NYSE:CBU)

Community Financial System Inc is a diversified financial services company that is focused on four main business lines banking, benefits administration, insurance services and wealth management. The Company also offers comprehensive financial planning, trust administration and wealth management services through its Community Bank Wealth Management operating unit. Key revenue is generated from banking business.

Community Financial System trades on the NYSE stock market under the symbol CBU.

As of November 4, 2024, CBU stock price declined to $60.81 with 325,286 million shares trading.

CBU has a beta of 0.58, meaning it tends to be less sensitive to market movements. CBU has a correlation of 0.03 to the broad based SPY ETF.

CBU has a market cap of $3.19 billion. This is considered a Mid Cap stock.

Last quarter Community Financial System reported $189 million in Revenue and $.88 earnings per share. This beat revenue expectation by $2 million and met earnings estimates .

In the last 3 years, CBU traded as high as $78.00 and as low as $35.38.

The top ETF exchange traded funds that CBU belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

CBU has outperformed the market in the last year with a price return of +56.9% while the SPY ETF gained +36.5%. However, in the short term, CBU had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.1% vs +5.3% return in SPY. But in the last 2 weeks, CBU shares have fared better than the market returning -0.1% compared to SPY -2.5%.

CBU support price is $59.91 and resistance is $62.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CBU shares will trade within this expected range on the day.