Community Bank System Stock Hits New 52-Week High (CBU)

NEW YORK ( TheStreet) -- Community Bank System (NYSE: CBU) hit a new 52-week high Tuesday as it is currently trading at $28.53, above its previous 52-week high of $28.45 with 86,746 shares traded as of 11:09 a.m. ET. Average volume has been 236,700 shares over the past 30 days.

Community Bank System has a market cap of $1.02 billion and is part of the financial sector and banking industry. Shares are up 0.1% year to date as of the close of trading on Friday.

Community Bank System, Inc. operates as the holding company for Community Bank, N.A. that provides various banking and financial services to the retail, commercial, and municipal customers. It offers loans and accepts deposits. The company has a P/E ratio of 14.1, above the average banking industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Community Bank System as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Community Bank System Ratings Report.

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