Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
M&T Bank profit jumps in Q1 compared to year-ago quarter
BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB), the largest bank ranked by deposits in Central New York, reported net income of $447 million in the first quarter, up 66 percent from nearly $269 million in the same quarter in 2020. The Buffalo–based banking company reported earnings per share of $3.33 in the first quarter, […]
Tioga State Bank CEO named chair of Independent Community Bankers of America
SPENCER, N.Y. — Robert Fisher, president and CEO of Tioga State Bank, N.A. (TSB), has been elected chairman of the Washington, D.C.–based trade group, the
NBT names Schindler, Clark to Southern Tier Advisory Board
Schindler has been president and CEO of Golden Artist Colors, Inc. since 2001. She joined the company in 1997 as controller and also served as
Berkshire Bank’s parent company to pay quarterly dividend on March 30
The board of directors of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently approved a quarterly cash dividend of 12 cents per common share. The dividend will be payable on March 30, to shareholders of record at the close of business on March 23. At Berkshire Hills Bancorp’s current stock price, the
Johnson City woman arrested for stealing wallet, making charges on victim’s credit cards
JOHNSON CITY, N.Y. — New York State Police in Binghamton announced they have arrested a Johnson City woman for stealing a wallet and making purchases
M&T Bank Fund awards grants to Mohawk Valley organizations
UTICA, N.Y. — Seven Mohawk Valley nonprofits will benefit from more than $160,000 in grants that the M&T Bank/Partners Trust Bank Charitable Fund (MTPT) awarded
KeyBank more than doubles financial commitment to its community-benefits plan
CLEVELAND, Ohio — KeyBank plans to more than double how much money it commits to its community-benefits plan that focuses on “economic access and equity
Five Star Bank parent company boosts quarterly dividend
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced it is raising its quarterly dividend by nearly 4 percent. The banking company will pay a quarterly cash dividend of 27 cents a share per common share outstanding for the first quarter, up from the 26 cents a share it
Community Bank System to pay Q1 dividend of 42 cents in April
DeWITT— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock. The dividend will be payable on April 9 to shareholders of record as of March 15. The dividend is the same amount that Community Bank paid each of the
Elmira Savings Bank to pay quarterly dividend of 15 cents a share on March 12
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 15 cents a share on its common stock. The Elmira–based banking company will pay the dividend on March 12 to shareholders of record on March 4. Elmira Savings Bank, with $649 million in total assets,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.