Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Earnings fall at Tompkins Financial on acquisition costs
ITHACA — Acquisition costs of $8.4 million pushed profit lower at Tompkins Financial Corp. (NYSE Amex: TMP) in the third quarter. The Ithaca–based banking company
Third-quarter earnings slip at NBT as merger costs rise
NORWICH — NBT Bancorp, Inc., (NASDAQ: NBTB), which recently announced plans to merge with Alliance Financial Corp., saw its earnings drop in the third quarter,
Berkshire Hills expands CNY presence
DeWITT — Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) has completed its acquisition of DeWitt–based Beacon Federal Bancorp, Inc. (NASDAQ: BFED). Beacon Federal has about $1 billion
Countryside Federal becomes SBA 7(a) lender
DeWITT — Countryside Federal Credit Union agreed this morning to participate in the U.S. Small Business Administration’s (SBA) main business loan program. Countryside Federal is
Profit at First Niagara falls in third quarter
First Niagara Financial Group, Inc. (NASDAQ: FNFG) earned $50.8 million in the third quarter, down from $57 million a year earlier. Earnings per share in
Current Alliance VP to lead Syracuse region for NBT
SYRACUSE — Richard Shirtz will become Syracuse regional president at NBT Bank after NBT Bancorp’s acquisition of Alliance Financial Corp. closes next year. Shirtz, currently
Net income from continuing operations attributable to common shareholders at KeyCorp (NYSE: KEY) totaled $214 million in the third quarter, down from $229 million a
Chase names new Upstate leaders
Chase Commercial Banking named a new head of its Northeast Middle Market Banking business and two new market managers responsible for upstate New York, New
Mortgage banking, lower costs help push M&T profit higher
Profit at M&T Bank Corp. (NYSE: MTB) rose more than 60 percent in the third quarter to $293 million, or $2.17 per share. Net income
Federal Home Loan Bank makes grants to Syracuse projects
SYRACUSE — The Federal Home Loan Bank of New York is making grants to three affordable-housing projects in Syracuse, it said today. It is giving
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.