NYSE$CBU
Community Bank System Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Community Bank System reported second quarter results and provided a COVID-19 pandemic update.
Community Bank System reported a net income of $35.2 million, or $0.66 per fully-diluted share, for the second quarter of 2020. The company successfully completed the acquisition of Steuben, funded approximately $500 million of PPP loans, and processed over 5,000 borrower forbearance requests.
- Completed the acquisition of Steuben Trust Corporation.
- Funded approximately $500 million in Paycheck Protection Program (PPP) loans.
- Processed over 5,000 borrower forbearance requests.
- Adjusted pre-tax, pre-provision net revenue per share was up $0.05, or 4.9%, over the second quarter of 2019.
Headline financials
Revenue & EPS history
Community Bank · Revenue · Quarterly
$145M
Revenue by segment
Community Bank · $32.3M total across 2 segments · Q2 2020
- Employee Benefit$24.1M+1.3%74.6%
- Insurance Services$8.2M-1.2%25.4%
Forward guidance
The COVID-19 crisis is expected to continue to impact the Company’s financial results, as well as demand for its services and products during the remaining two quarters of 2020 and potentially beyond.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.2%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+2.7%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+5.8%
Q3 2015
Best reaction
-9.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.0% | -4.1% | -1.1% | |
| Q4 2025 | -0.6% | +1.2% | +2.0% | |
| Q3 2025 | -0.1% | +2.4% | -2.1% | |
| Q1 2025 | -2.1% | +2.2% | +1.9% | |
| Q4 2024 | +2.5% | +3.8% | +1.1% | |
| Q3 2024 | -1.2% | -4.0% | +17.1% | |
| Q2 2024 | +1.3% | +5.8% | -0.8% | |
| Q1 2024 | +2.0% | +0.4% | +4.4% | |
| Q4 2023 | -4.5% | +1.1% | +7.2% | |
| Q3 2023 | -4.8% | -2.7% | +13.0% | |
| Q2 2023 | +4.9% | +2.4% | -11.4% | |
| Q1 2023 | -1.5% | +5.8% | +3.1% | |
| Q4 2022 | -9.5% | -8.2% | -1.1% | |
| Q3 2022 | -1.4% | +1.7% | +6.2% | |
| Q2 2022 | +1.0% | +2.9% | +3.0% | |
| Q1 2022 | -1.2% | -5.1% | -4.7% | |
| Q4 2021 | +4.2% | +0.4% | +1.1% | |
| Q3 2021 | -1.7% | -2.6% | +1.7% | |
| Q2 2021 | +0.2% | -0.2% | +2.9% | |
| Q1 2021 | -0.5% | -1.2% | +1.7% | |
| Q4 2020 | -4.5% | -8.1% | +4.4% | |
| Q3 2020 | -1.4% | -1.6% | +11.6% | |
| Q2 2020 | -3.0% | -5.0% | +1.4% | |
| Q1 2020 | -3.3% | -2.8% | -8.6% | |
| Q4 2019 | -0.1% | -2.7% | -2.5% | |
| Q3 2019 | +4.3% | +5.7% | +5.0% | |
| Q2 2019 | +0.6% | +1.9% | -4.5% | |
| Q1 2019 | +4.0% | +5.0% | +3.6% | |
| Q4 2018 | -5.0% | -3.8% | +2.1% | |
| Q3 2018 | -1.9% | -2.9% | +8.4% | |
| Q2 2018 | +2.9% | +2.3% | +5.9% | |
| Q1 2018 | +5.1% | +4.9% | +10.4% | |
| Q4 2017 | +0.7% | -2.9% | -1.3% | |
| Q3 2017 | -3.6% | -2.1% | -4.2% | |
| Q2 2017 | +2.4% | +2.6% | -4.6% | |
| Q1 2017 | +5.8% | +2.8% | +0.9% | |
| Q4 2016 | +3.6% | +4.4% | +5.3% | |
| Q3 2016 | -1.1% | -2.5% | +19.0% | |
| Q2 2016 | +2.0% | +1.9% | +7.0% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | -3.0% | — | — | |
| Q3 2015 | +5.8% | — | — | |
| Q2 2015 | +1.3% | — | — | |
| Q1 2015 | +1.5% | — | — | |
| Q4 2014 | +2.5% | — | — | |
| Q3 2014 | +3.1% | — | — | |
| Q2 2014 | +1.6% | — | — | |
| Q1 2014 | +1.0% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2013 | +0.6% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2012 | +2.1% | — | — | |
| Q4 2009 | +1.4% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q4 2010 | +1.4% | — | — | |
| Q3 2011 | -4.0% | — | — | |
| Q3 2010 | -4.0% | — | — | |
| Q2 2010 | -4.0% | — | — | |
| Q2 2011 | +1.4% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q1 2010 | +5.0% | — | — |
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