Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Profit rises in Q4, 2011 at Tompkins Financial
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) earned $9.4 million, or 84 cents a share, in the fourth quarter, up 5.6 percent from a
Net income from continuing operations attributable to common shareholders at KeyCorp (NYSE: KEY) totaled $201 million in the fourth quarter, down from $292 million a
Behlmer to head up CNY region for BNY Mellon
BNY Mellon’s Central New York region has a new top executive. Frank Behlmer was recently appointed to the newly created role of regional executive for
Community Bank Q4 profit rises nearly 20 percent
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported that its fourth-quarter net income rose 19.5 percent to a record $19 million as it benefitted
Elmira Savings to buy Empower branch office
ELMIRA — Elmira Savings Bank will open a new branch in Big Flats. Elmira Savings entered into an agreement with Empower Federal Credit Union to purchase its building at 971 County Route 64, according to a news release. Financial terms of the deal were not disclosed. “We are excited about securing a branch location in
Community Bank to pick up 19 First Niagara, HSBC branches
DeWITT — Community Bank System, Inc. (NYSE: CBU) of DeWitt announced plans today to acquire 19 HSBC and First Niagara branches later this year for
First Niagara plans sale of HSBC branches to KeyBank
Cleveland–based KeyBank will acquire 37 HSBC branches in the Buffalo and Rochester areas later this year for a deposit premium of $110 million. The locations
Income rises at Elmira Savings
ELMIRA — Net income rose just over 4 percent in 2011 at Elmira Savings Bank (NASDAQ CM: ESBK), which released its fourth-quarter and year-end financial
M&T Bank Corp. (NYSE: MTB) earned $148 million in the fourth quarter, down from $204 million a year earlier. Earnings per share in the period totaled
Elmira Savings to buy Empower branch
ELMIRA — Elmira Savings Bank will open a new branch in a Big Flats. Elmira entered into an agreement with Empower Federal Credit Union to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.