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Community Bank

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 Bank

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

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

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