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Pathfinder Bancorp Q4 profit rises more than 70 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, reported net income of $4.3 million, or 69 cents per share, in the fourth quarter, up 72 percent from $2.5 million or 41 cents, in the fourth quarter of 2023. The latest quarterly results included a benefit of about $1.4 million […]
KeyBank parent company names new new chief risk officer
Mohit (Mo) Ramani is the new chief risk officer (CRO) at KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region. He started in the CRO position on Jan. 23, the banking company announced. Ramani joins Key from Truist Financial Corporation,
Five Star Bank parent company boosts quarterly dividend by 3%
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. That’s up by 3.3 percent from the 30 cents a share that the banking company paid last quarter.
Berkshire Bank parent company to pay Q1 dividend of 18 cents in early March
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on March 6, to shareholders of record as of
Clarkson University names NBT Bancorp CEO to board of trustees
POTSDAM — Scott A. Kingsley, president and CEO of NBT Bancorp, Inc. (NASDAQ: NBTB), was named to the Clarkson University board of trustees, effective on Feb. 1. He will also serve on the Clarkson board’s audit committee, the university announced. Kingsley was appointed the top executive at NBT Bancorp, parent of NBT Bank, in early
Financial Institutions, Inc. names new board member
Will also serve on audit committee WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), the parent company of Five Star Bank, recently announced the appointment of Angela J. Panzarella as a new independent member of the boards of directors of both the parent company and the bank. Panzarella’s appointment increases the size of the Financial
New York manufacturing index climbs back into positive territory in February
The Empire State Manufacturing Survey general business conditions index rose 18 points to 5.7 in February, pointing to growth in the sector. It was a
Union Economic Development Office launches loan-to-grant program for businesses
UNION, N.Y. — The Town of Union Economic Development Office (EDO) announced it is offering the Union Square Deal Loan-to-Grant Program (L2G) to existing businesses
Tompkins Financial to pay Q1 dividend on Feb. 21
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of
NBT Bancorp boosts quarterly dividend by more than 6 percent
NORWICH — The board of directors of NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, N.A., recently approved a first-quarter cash dividend of 34 cents per share. The new payment is an increase of 2 cents a share, or 6.3 percent, over the dividend of 32 cents that the banking and financial services company
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