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Community Bank Q1 profit rises more than 16 percent
DeWITT — Profit at Community Bank System, Inc. (NYSE: CBU) rose 16.5 percent in the first quarter to $18.8 million, or 48 cents per share. Earnings per share would have been 2 cents higher, but the company completed a common stock offering in January that netted $54.9 million. The offering was in support of Community […]
Q1 profit moves higher at Community Bank System
DeWITT — Profit at Community Bank System, Inc. (NYSE: CBU) rose 16.5 percent in the first quarter to $18.8 million, or 48 cents per share.
Earnings improve at Berkshire Hills
Nearly a year after Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) closed on the acquisition of Rome Bancorp, the deal continues to boost earnings for the
Weak economy pushes earnings down at Tompkins Financial
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) earned $7.8 million in the first quarter, down 11 percent from a year earlier. Earnings per share
NORWICH — Income was down slightly in the first quarter at NBT Bancorp (NASDAQ: NBTB), but the good news far outweighs the bad at the
Key Q1 net income moves higher
Net income from continuing operations attributable to common shareholders at KeyCorp (NYSE: KEY) totaled $199 million, or 21 cents per share, in the first quarter.
Net income available to common shareholders at First Niagara Financial Group, Inc. (NASDAQ: FNFG) totaled $54.8 million in the first quarter, up from $44.9 million
Net income slides in Q1 at Alliance Financial
SYRACUSE — Profit at Syracuse–based Alliance Financial Corp. (NASDAQ: ALNC) fell more than 21 percent in the first quarter to $2.6 million, or 55 cents
M&T Q1 profit nearly even with last year
M&T Bank Corp. (NYSE: MTB) earned $206.5 million in the first quarter, up slightly from $206.3 million a year earlier. The banking company, based in
Solvay Bank head to serve three years on N.Y. Fed board
SOLVAY — In some ways, Solvay Bank President and CEO Paul Mello’s role as a member of the Federal Reserve Bank of New York board of directors won’t be much different from serving on any other board. The directors oversee the bank’s performance, its officers, its policies, and risk procedures, he says. But of course,
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