Community Bank System Files 8-K on Financial Results
Ticker: CBU · Form: 8-K · Filed: Jan 23, 2024 · CIK: 723188
| Field | Detail |
|---|---|
| Company | Community Bank System, Inc. (CBU) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**Community Bank System just filed an 8-K on financial results, standard update.**
AI Summary
Community Bank System, Inc. filed an 8-K on January 23, 2024, to announce its results of operations and financial condition. This filing is a routine disclosure, indicating the company is providing an update on its financial performance. For investors, this matters because it offers transparency into the company's current financial health, which can influence stock price and future investment decisions.
Why It Matters
This filing provides a routine update on Community Bank System's financial performance, offering transparency to investors about its current operational health.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not indicate any immediate new risks or significant changes.
Analyst Insight
A smart investor would review the full financial statements and results of operations once they are available to understand the specifics of Community Bank System's performance and any implications for their investment.
Key Players & Entities
- COMMUNITY BANK SYSTEM, INC. (company) — the registrant filing the 8-K
- January 23, 2024 (date) — date of earliest event reported
- DeWitt, New York (location) — address of principal executive offices
- 001-13695 (other) — Commission File Number
FAQ
What is the purpose of this 8-K filing by Community Bank System, Inc.?
The purpose of this 8-K filing is to report on the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of January 23, 2024, as indicated in the 'ITEM INFORMATION' section.
When was the earliest event reported in this 8-K filing?
The 'Date of Report (Date of earliest event reported)' for this 8-K filing is January 23, 2024.
What is the business address of Community Bank System, Inc. as stated in the filing?
The business address of Community Bank System, Inc. is 5790 Widewaters Parkway, DeWitt, New York 13214, according to the 'BUSINESS ADDRESS' section.
What is the Commission File Number for Community Bank System, Inc.?
The Commission File Number for Community Bank System, Inc. is 001-13695, as stated in the filing.
Under which sections of the Securities Exchange Act of 1934 is this report filed?
This report is filed 'Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934'.
Filing Stats: 555 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-01-23 09:33:34
Key Financial Figures
- $1.00 — e on which registered Common Stock, $1.00 par value per share CBU New York Stoc
Filing Documents
- tm243870d1_8k.htm (8-K) — 29KB
- tm243870d1_ex99-1.htm (EX-99.1) — 598KB
- image_007.jpg (GRAPHIC) — 5KB
- tm243870d1_8kimg001.jpg (GRAPHIC) — 5KB
- tm243870d1_ex99-1img001.jpg (GRAPHIC) — 6KB
- 0001104659-24-005762.txt ( ) — 867KB
- cbu-20240123.xsd (EX-101.SCH) — 3KB
- cbu-20240123_lab.xml (EX-101.LAB) — 33KB
- cbu-20240123_pre.xml (EX-101.PRE) — 22KB
- tm243870d1_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 23, 2024, Community Bank System, Inc. announced its results of operations for the quarter ended December 31, 2023. The public announcement was made by means of a news release, the text of which is furnished as Exhibit 99.1. The information in this Form 8-K, including Exhibit 99.1 attached hereto, is being furnished under Item 2.02 and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibit is being furnished pursuant to Item 2.02 above. 99.1 Press Release, dated January 23, 2024, issued by Community Bank System, Inc. 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Community Bank System, Inc. By: /s/ Joseph E. Sutaris Name: Joseph E. Sutaris Title: Executive Vice President and Chief Financial Officer Dated: January 23, 2024 Exhibit Index Exhibit Number Description 99.1 Press Release, dated January 23, 2024, issued by Community Bank System, Inc. 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)