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

KeyCorp to pay quarterly dividend of 18.5 cents a share in mid-June
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents per share of its common stock. The dividend is payable on June 15, to holders of record as of the close of […]

Community Bank System to pay Q2 dividend of 42 cents a share in July
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock. The dividend will be payable on July 9 to shareholders of record as of June 15. The dividend is the same amount that Community Bank paid each

M&T Bank names Gorczynski CNY regional president as Naples retires
SYRACUSE, N.Y. — M&T Bank (NYSE: MTB), which holds the most deposits and is the largest small-business lender in the region, announced it has named

New York SBDC helps Binghamton café pursue federal restaurant funding
BINGHAMTON, N.Y. — Like a lot of eateries nationwide, the co-owners of the Lost Dog Café & Lounge in Binghamton are pursuing funding from the newly established Restaurant Revitalization Fund (RRF), part of President Biden’s American Rescue Plan. The fund provides direct relief funds to restaurants and other hard-hit food establishments that have experienced significant

Carrols Restaurant Group shaves net loss in first quarter
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the nation’s largest Burger King franchisee, on Thursday reported a net loss of $7.2 million, or

Tompkins Trust Company to operate with shortened name in rebranding effort
ITHACA, N.Y. — Tompkins Trust Company says it will begin to transition to the name “Tompkins” in a rebranding effort that will unfold in the

NBT Bancorp to pay Q2 dividend of 27 cents
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a second-quarter cash dividend of 27 cents per share. The dividend will be paid on June 15, to shareholders of record as of June 1. At NBT’s current stock price, the dividend yields about 2.85 percent on an annual

Tompkins Financial to pay Q2 dividend of 54 cents on May 17
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 54 cents per share for the second quarter. The dividend is payable on May 17, to common shareholders of record on May 11. The dividend is the same amount the

Reed begins duties as Excellus president & CEO
ROCHESTER, N.Y. — The leadership transition at Excellus BlueCross BlueShield is complete as James Reed began his duties as president and CEO on May 3, succeeding Christopher Booth in that role. Excellus has appointed Reed as CEO of the $6.2 billion health plan and its parent company, the Lifetime Healthcare Companies. Reed has been serving

SYRACUSE, N.Y. — JPMorgan Chase has announced an additional $8 million grant to support the national training and research programs over the next three years
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.