Community Financial System, Inc. (CBU): A Solid Stock for Conservative Investors
Source: unsplash
Community Financial System, Inc. (NYSE:CBU) is a financial services firm with operations across four key areas: banking, employee benefits, insurance, and wealth management. Its banking arm, Community Bank, N.A., ranks among the top 100 banks in the US by asset size, managing over $16 billion. The bank serves customers through roughly 200 branches located in Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts.
Community Financial System, Inc. (NYSE:CBU) recently announced earnings for the second quarter of 2025. The company posted revenue of $199.3 million, which saw an 8.4% growth from the same period last year. It reported net interest income of $124.7 million for the second quarter, marking a new quarterly record and reflecting a 14% increase, or $15.3 million, compared to the same period last year. During the quarter, the company also announced an agreement with Santander Bank, N.A., to acquire seven branch locations in the Allentown, Pennsylvania area. The acquisition includes select branch-related loans, deposits, and wealth management relationships, and is expected to advance the company's previously outlined retail growth strategy.
Community Financial System, Inc. (NYSE:CBU) ended the quarter with $237.2 million available in cash and cash equivalents. On July 16, the company declared a 2.2% hike in its quarterly dividend to $0.47 per share. Through this increase, the company stretched its dividend growth streak to 33 years, which places it on the dividend champions list. The stock has a dividend yield of 2.66%, as of July 23.
While we acknowledge the potential of CBU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: and
Disclosure: None.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
a few seconds ago
- Forbes
Reducing Merger Uncertainty Could Help The American Economy
The second Trump Administration is signaling a move away from the Biden policy of actively discouraging mergers. This change in direction could benefit the American economy. But some merger uncertainty remains, rooted in the new Administration's decision to retain 2023 Biden merger guidelines. Targeted revisions to those guidelines – or, at the very least, public pronouncements designed to clear up confusion about current antitrust assessment of proposed mergers – might prove helpful in spurring beneficial mergers that could strengthen the U.S. economy. Bipartisan Mergers and Acquisitions Guidelines A bipartisan consensus on federal antitrust review of mergers existed from the 1980s until the Biden Administration. Merger guidelines issued by the federal antitrust enforcers, the Department of Justice and the Federal Trade Commission, cemented this consensus. DOJ-FTC merger guidelines, first issued in 1982 and revised in 1984, 1992, 1997, and 2010 to reflect new economic learning, were key to this consensus approach. (DOJ guidelines issued in 1968 used a simplistic approach that was abandoned in later guidelines.) Guidelines issued by the Biden Administration in December 2023 significantly departed from that consensus. The pre-Biden guidelines, drawing on economic analysis applied by agency economists, provided key information for the private sector on how the DOJ and the FTC would assess potential mergers in applying Section 7 of the Clayton Antitrust Act. Section 7 prohibits mergers whose effects 'may be substantially to lessen competition, or to tend to create a monopoly." The guidelines viewed this language as aimed at preventing transactions that would enhance market power. The 2010 guidelines echoed prior versions in stating that the DOJ and the FTC 'seek to identify and challenge competitively harmful mergers while avoiding unnecessary interference with mergers that are either competitively beneficial or neutral.' This statement reflected an understanding that M&A activity substantially benefits the economy, and should not be interfered with except in cases of likely competitive harm – a point underscored in enforcement agency speeches over the years. 2023 Merger Guidelines The Biden Administration rejected 4 decades of bipartisan understanding in adopting an inherently skeptical approach toward mergers. From the start, '[t]he Biden-era agencies . . . undertook long merger reviews, burdened merging parties with expensive yet questionable 'second requests' [for additional information on proposed mergers], and bragged about deal proposals that never left the boardroom'. Speeches by DOJ and FTC leaders embodied an anti-merger philosophy that 'created a chilling effect' for merger transactions. This merger skepticism permeates the 2023 merger guidelines, which mark a dramatic departure from the general approach of predecessor guidelines dating back to 1982. The new guidelines center describe 6 different theories of anticompetitive harm that could generate a merger challenge, unlike earlier guidelines, that provided a single integrated approach for analyzing mergers. University of Chicago Professor Dennis Carlton, one of the most distinguished antitrust economists, emphasized that the new guidelines reduce practical economic guidance for the private sector and appear to be hostile to mergers and efficiencies. Notably: In addition, the 2023 guidelines: The last point is particularly significant, as retired DOJ antitrust economist Alexander Raskovich points out: 'Perhaps the most substantial proposed expansion of flexibility in the 2023 Merger Guidelines is the shift in language from a likelihood of competitive harm standard in previous merger guidelines to a risk of illegality standard, with a focus on circumstances where mergers '[c]an [v]iolate the [l]aw,' but with little explication of how high a risk of illegality would trigger an agency challenge. Put succinctly, the standard has become 'could,' not 'would.'' Taken together, compared to the pre-Biden era, these changes ushered in a tougher approach to merger enforcement and an increase in business uncertainty about merger risks – factors that could have discouraged beneficial merger activity. Trump Administration and the 2023 Guidelines The Trump Administration states that it is dedicated to rejecting the Biden anti-merger perspective and providing more 'fairness and predictability' to merger review. Retention of the 2023 Guidelines in their entirety could complicate that task, however, due to the inherent risks they pose for business planners. Trump antitrust enforcers are resource-constrained and drafting new guidelines is a time-consuming task. Targeted tweaks to guidelines language, however, designed to reduce unwarranted business risk without making major substantive changes, might be feasible. Simple tweaks could, for example: If the FTC and the DOJ prefer not to make any guidelines revisions at this time, agency leaders could instead issue major speeches on how the guidelines will be applied. The speeches could underscore the Administration's desire to reduce business uncertainty, citing factors such as the 'tweaks' highlighted above (plus any other factors that could reduce business risk). The Administration may want to keep in mind that while merger guidelines are not legally binding, they may have a significant influence on boardroom decisions. Clarification of merger policy could provide major dividends for the American economy.
Yahoo
28 minutes ago
- Yahoo
Warren Buffett's Berkshire Hathaway is so big it's like a mini US economy. It just said where it's feeling the tariff pain.
Warren Buffett's Berkshire Hathaway felt the sting of tariffs in the second quarter. First-half revenues slumped by around 39% at Jazwares, 12% at Fruit of the Loom, and 10% at Garan. Tariff uncertainty delayed orders and shipments and contributed to "uncertainties," Berkshire said. All eyes were on Warren Buffett's Berkshire Hathaway and its second-quarter earnings on Saturday, with investors searching for clues about how tariffs — and the prospect of more to come — are affecting corporate America. The investor's company, which owns scores of businesses across many sectors and is viewed by Wall Street as a microcosm of the US economy, spelled out where it was taking a hit. Berkshire said trade 'uncertainties' were hitting some of its biggest consumer brands First-half revenues fell about 12% at apparel retailer Fruit of the Loom, 10% at children's clothing brand Garan, which owns Garanimals, and 39% at Jazwares, the maker of Squishmallows. Berkshire doesn't disclose revenue or profit figures for individual businesses within a division, but it does call out significant changes in performance. Buffett and his team said those drops primarily reflected lower sales volumes, which they blamed on "uncertainties" stemming from trade policies and tariffs that delayed orders and shipments, as well as restructuring. The conglomerate saw second-quarter revenues fall 5% to around $3.5 billion within the consumer-products segment of its manufacturing division, which houses those three companies. First-half revenues declined for most of the businesses in that segment, Berkshire said. Buffett's company said the "pace of changes" in macroeconomic events, geopolitical conflicts, and trade policies such as tariffs "accelerated" in the first half. There's "considerable uncertainty" about how those forces will play out and affect product availability, the cost and efficiency of its supply chains, and customer demand for its products and services, Berkshire added. The company, which has a $1 trillion market value, added that this could harm "most, if not all, of our operating businesses" as well as its public-market bets, which could "significantly affect our future results." Forest River, which makes RVs and pontoon boats, also saw second-quarter revenue drop around 5%, in part because of lower sales volumes. Brooks Sports grew second-quarter revenues by 18%, partly by selling more units. Slimmer first-half profits from Jazwares, Garan, Forest River, and Duracell fueled a 15% drop in pre-tax earnings in the consumer-goods manufacturing segment. Berkshire attributed that slump to "generally lower sales volumes" and stubborn overheads. Berkshire's energy and railway divisions had higher earnings Other divisions performed better, with higher net earnings from BNSF Railway, Berkshire Hathaway Energy, and the insurance group's investing activities last quarter. But earnings nearly halved from insurance underwriting and ticked lower for the wider manufacturing, service, and retail division, contributing to a 4% drop in Berkshire's operating profits to $11.2 billion. Berkshire didn't immediately respond to a request for comment from Business Insider. Buffett is no fan of tariffs While Buffett rarely makes public statements about politics, he has made it clear that he's skeptical of tariffs. He told Berkshire's annual meeting in May that they shouldn't be a "weapon" and "balanced trade is good for the world." The billionaire, who turns 95 this month and plans to step down as CEO at the end of this year, said during a CBS documentary released in March that tariffs are "an act of war, to some degree" and "the tooth fairy doesn't pay' em!" President Donald Trump has touted tariffs as a way to equalize trading relationships between the US and its partners, but many economists have warned they may accelerate inflation, slow growth, and disrupt global commerce. Read the original article on Business Insider Sign in to access your portfolio
Yahoo
28 minutes ago
- Yahoo
Tennis Channel, International Tennis Federation Extend Media Rights Agreement
Network Platforms will Continue to be Exclusive U.S. Media Home of all Billie Jean King Cup and Davis Cup Competitions Deal Gives Tennis Channel ITF Rights in Multiple Countries Outside the United States LONDON & LOS ANGELES, August 04, 2025--(BUSINESS WIRE)--Tennis Channel and the International Tennis Federation (ITF) have extended their long-running partnership with the Billie Jean King Cup by GainbridgeTM and Davis Cup, the World Cup of Tennis events for women and men, respectively. Under the new multi-year agreement, Tennis Channel will remain the exclusive U.S. home for both tournaments across its linear channel, app and continuing a relationship that began in 2009. The deal now runs through 2027 for the Billie Jean King Cup and 2028 for the Davis Cup. The extension also marks a significant expansion of Tennis Channel's international reach, with rights to broadcast in Germany, Austria, Switzerland and the United Kingdom. Additionally, rights for the Billie Jean King Cup have been secured in Spain – a new and important market where interest in women's tennis continues to see strong growth. The ITF is the global governing body of tennis and organises the Billie Jean King Cup by Gainbridge and Davis Cup, the two largest annual international team competitions in the sport. Both events are played annually, with nations from across the world competing at a variety of stages throughout the year for the chance to progress to the next level. Both competitions culminate with finals events that feature the year's top eight nations competing in a knock-out competition for the right to be crowned world champions. The Billie Jean King Cup by Gainbridge Finals will take place in Shenzhen, China, September 16-21, while the Davis Cup Final 8 is set for Bologna, Italy, November 18-23. David Haggerty, ITF President, said, "For many years Tennis Channel has helped bring the World Cup of Tennis to millions of people around the world and this extension is great news for both Billie Jean King Cup and Davis Cup. We look forward to continuing to work alongside Tennis Channel to continue this growth for years to come." The United States has won the Billie Jean King Cup by Gainbridge 18 times and the Davis Cup 32 times, both records. "Davis Cup and Billie Jean King Cup are iconic events in our sport and pillars of Tennis Channel's schedule throughout the year," said Jeff Blackburn, Chairman and CEO, Tennis Channel. "We've had a long-running partnership with the ITF and can't wait for this next chapter with them. Together we want to shine as much light as we can on the history and passion surrounding the cups, and grow awareness and fans in both the U.S. and other countries." The Billie Jean King Cup by Gainbridge remains the world's largest annual international team competition in women's tennis, with nations competing year-round for a place in the Finals. As the women's World Cup of Tennis it brings together top players to represent their countries on a global stage, continuing a tradition of national pride and elite-level competition. "We're proud to strengthen our partnership with Tennis Channel, particularly in key international markets such as the United States, United Kingdom, Germany, Austria, Switzerland, and now Spain, where women's tennis continues to flourish. As the world's leading platform for women's national team tennis, the Billie Jean King Cup celebrates national pride, incredible talent and unique spirit on a global stage. This collaboration reflects our long-term commitment to showcasing the power of women's tennis and expanding its reach to even more fans around the world," said Kerstin Lutz, CEO of Billie Jean King Cup Limited. This rights announcement comes on the heels of roster announcements made for the eight countries that have qualified for the Billie Jean King Cup Finals in September. Among the stars who will try to help their nations become world champions are Jessica Pegula (USA), Zheng Qinwen (China), Madison Keys (USA), Jasmine Paolini (Italy), Paula Badosa (Spain), Naomi Osaka (Japan), Elena Rybakina (Kazakhstan), Emma Raducanu (Great Britain) and Elina Svitolina (Ukraine). About the ITF The International Tennis Federation (ITF) is the world governing body of tennis. Founded in 1913, its purpose is to ensure the long-term growth and sustainability of the sport, delivering tennis for future generations in association with its 213 member National Associations. The ITF oversees the rules and regulations that govern international and national competition. The ITF is responsible for the worldwide development of tennis through its highly regarded global Development Programme, its Science and Technical department which monitors equipment and technology, and its Officiating department which oversees the education and advancement of officials. The ITF organises up to 1850 men's, women's, and junior tournaments on the ITF World Tennis Tour, and manages the ITF junior team competitions, ITF Beach Tennis World Tour, UNIQLO Wheelchair Tennis Tour and the ITF World Tennis Masters Tour, as well as the men's and women's World Cup of Tennis, Davis Cup and Billie Jean King Cup by Gainbridge respectively, the two largest annual international team competitions in tennis. The ITF manages the Olympic Tennis Event on behalf of the IOC and the Paralympic Wheelchair Tennis Event on behalf of the IPC and the Qualification Pathways for both events at the Games. For further information please visit About Billie Jean King Cup Limited Billie Jean King Cup Limited is a partnership between the International Tennis Federation and TWG Global created to deliver transformative investment and innovation to the Billie Jean King Cup by Gainbridge, the women's World Cup of Tennis. Bringing together expertise and experience from the tennis, business, and entertainment industries, our core mission is to grow and leverage the world's most popular annual team competition for women as a platform for positive change. Tennis Channel ( and its sibling network TennisChannel 2, which are owned by Sinclair, Inc., are the only television-based multiplatform destinations dedicated to both the professional sport and tennis lifestyle. The networks have the most concentrated single-sport coverage in television in one of the world's most voluminous sports, with multiple men's and women's tournaments and singles, doubles and mixed competition throughout the year. Tennis Channel and TennisChannel 2 are the exclusive U.S. homes of all men's ATP World Tour and women's WTA Tour competitions, Davis Cup, Billie Jean King Cup, United Cup, and Laver Cup. The network's app and website house a direct-to-consumer streaming service with the traditional television network and 10,000 hours of live and on-demand matches beside original content. Tennis Channel International brings live competition and network content to markets in Europe and Asia via digital subscription and free ad-supported streaming TV (FAST) channels. Additional platform is the largest digital outlet dedicated to the sport. Tennis Channel is also a co-owner of Pickleballtv, a joint venture with the Professional Pickleball Association. About Sinclair: Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 178 television stations in 81 markets affiliated with all the major broadcast networks; and owns Tennis Channel and multicast networks Comet, CHARGE!, TBD/Roar and The Nest. Sinclair's content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the nation's largest streaming aggregator of local news content, NewsON. The Company regularly uses its website as a key source of Company information which can be accessed at View source version on Contacts Eric Abner, Tennis Channel, 310-314-9445, eabner@ @TennisChannelPR Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
