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Community Financial System Q1 profit rises more than 21%
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently reported net income of $49.6 million, or 93 cents per share, in the first quarter, up more than 21 percent from $40.9 million, or 76 cents, in the first quarter of 2024. Increases in net interest income […]
Pathfinder Bancorp profit rises more than 40 percent in Q1
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $3 million, or 41 cents a share, in the first quarter of this year, up nearly 43 percent from $2.1 million or 34 cents, in the first quarter of 2024. Pathfinder attributed the growth to improving operating
Berkshire Bank parent company to pay Q2 dividend of 18 cents a share in late May
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 May 29, to shareholders of record as of
ConMed announces executive changes
ConMed Corp. (NYSE: CNMD), a surgical-device maker originally headquartered in the Utica region, recently announced some executive changes. On April 1, the company appointed Andrew Moller, 50, as principal accounting officer, according to ConMed’s Form 8-K filing with the U.S. Securities & Exchange Commission. This came after Moller had on Jan. 27 started serving in
Rome Health nears completion of $45M capital project’s phase one
ROME, N.Y. — With the installation of new signage at the Kaplan Center for Surgical Services, Rome Health announced it has reached a significant milestone in its capital project to modernize surgical services and intensive care at the facility. The newly placed signage serves as a symbol of how close the health system is to
Capital–area cybersecurity firm to move to Rome’s Innovare Center
ROME, N.Y. — A Troy-based cybersecurity startup will establish its software development and operations headquarters at the Innovare Advancement Center in Rome and join the Griffiss Institute’s incubator. The Innovare Center offers an innovation ecosystem designed to accelerate breakthroughs in national security, defense technology, and advanced cybersecurity. “By relocating to Innovare and partnering with Griffiss
ANDRO selected to participate in Army initiative
ROME, N.Y. — The U.S. Army selected ANDRO Computational Solutions, LLC to participate in Cyber Quest 2025, an Army-focused warfighting experiment (AFWE), the Rome company announced in a press release. This will allow its team to conduct soldier touch point (STP) experiments for its artificial intelligence (AI) driven electronic-support technology, DeepSPEC. ANDRO’s DeepSPEC and related
Hamilton College names commencement, baccalaureate speakers
CLINTON, N.Y. — Hamilton College announced it has named designer and artist Bruce Mau, co-founder and CEO of Massive Change Network, as commencement speaker for its graduation, set for 10:30 a.m. on May 25 in the Margaret Bundy Scott Field House. The college will present Mau and Oneida Indian Nation Representative and Turning Stone Enterprises
YMCA of the Greater Tri-Valley begins renovation project
ROME, N.Y. — The YMCA of the Greater Tri-Valley announced it is making progress on renovating its facility at 301 W. Bloomfield St. Last fall, the YMCA scrapped plans to build a new facility on Floyd Avenue. Originally announced in 2018, the project struggled due to the impact of the pandemic on YMCA operations and
Project Fibonacci Foundation announces new multi-year sponsorship from NYSTEC
ROME, N.Y. — The Project Fibonacci Foundation, Inc. has announced New York State Technology Enterprise Corporation (NYSTEC) as a new partner and supporter in advance of its 7th annual STEAM Leadership Conference coming up in July. NYSTEC committed to a three-year, $50,000-per-year partnership, continuing its support of the foundation’s year-round STEAM programs. “We’re thrilled to
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