Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Chemung Financial to pay dividend of 26 cents on April 1
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share for the first quarter. The dividend is payable on April 1, to common stock shareholders of record as of the close of business on March 18. At the banking […]

Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled

NBT Bancorp to pay quarterly dividend of 27 cents in mid-March
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a first-quarter cash dividend of 27 cents a share. The dividend will be paid on March 15, to shareholders of record as of March 1. At NBT’s current stock price, the dividend yields about 3.05 percent on an

Pathfinder Bancorp reports profit, revenue rise in Q4
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported that its net income rose 4.5 percent to $1.95 million in the fourth quarter from $1.86 million in the year-ago quarter. The Oswego–based banking company generated earnings per share of 33 cents in the fourth quarter, up from 32 cents in

NBT Bank accepting applications for its management-development program
NORWICH, N.Y. — NBT Bank is currently accepting applications for its management-development program. The program prepares participants to assume mid-level professional roles with the bank

Tompkins Financial to pay Q1 dividend of 54 cents on Feb. 16
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 54 cents a share for the first quarter. The dividend is payable on Feb. 16, to common shareholders of record as of Feb. 9. The dividend is the same amount the

NBT Bank profit rises 15 percent in fourth quarter
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported that its net income rose more than 15 percent to $34.2 million, or 78 cents a share, in the fourth quarter from just under $29 million, or 66 cents, in the year-ago period. Higher net interest income and a lower provision for loan losses, partly

Tioga State Bank demolishing a Binghamton property for future development
BINGHAMTON, N.Y. — Tioga State Bank (TSB) announced that it recently began to demolish a property on the south side of Binghamton that the bank

Berkshire Bank to close Rome branch, consolidate with nearby office
ROME, N.Y. — Berkshire Bank announced it has decided to close its branch at 100 W. Dominick St. in Rome and consolidate it with its

Community Bank’s Q4 net income rises nearly 9 percent
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently reported that its net income rose nearly 9 percent to $46.5 million in the fourth quarter from $42.9 million in the year-prior period. The DeWitt–based banking company’s earnings per share (EPS) increased to 86 cents a share from 82 cents a year ago. The increase
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.