Community Bank System, Inc. (CBU) rated Outperform with price target $29 by Boenning & Scattergood
Boenning & Scattergood rated Outperform Community Bank System, Inc. (NYSE: CBU) on 06/13/2011, when the stock price was $23.32. Since then, Community Bank
System, Inc. has gained 22.34% of its value until Boenning & Scattergood rated CBU Neutral on 04/24/2013, when the price was $28.53.
If you would have followed this Boenning & Scattergood's recommendation on CBU, you would have gained 22.34% of your investment in 681 days.
Community Bank System, Inc.
is a single bank holding company which wholly owns five subsidiaries: Community Bank, N.A. (the Bank), Benefit Plans Administrative Services, Inc. (BPAS), CFSI Closeout Corp. (CFSICC), First of Jermyn Realty Company, Inc. (FJRC) and Town & Country Agency LLC (T&C). BPAS owns three subsidiaries, Benefit Plans Administrative Services LLC (BPA), Harbridge Consulting Group LLC (Harbridge) and Hand Benefit & Trust Company (HBT). BPAS provides administration, consulting and actuarial services to sponsors of employee benefit plans. CFSICC, FJRC and T&C are inactive companies. The Company also wholly owns two unconsolidated subsidiary business trusts formed for the purpose of issuing mandatorily redeemable preferred securities, which are considered Tier I capital under regulatory capital adequacy guidelines.
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