Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
KeyCorp boosts dividend to 19.5 cents a share for Q4
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 19.5 cents per share of its common stock for the fourth quarter. The dividend is payable on Dec. 15, to holders of record as of the […]
Hochul names Ernst new chair of Adirondack Park Agency
New York Gov. Kathy Hochul recently designated John Lyman Ernst as chair of the Adirondack Park Agency (APA). He will be nominated for reappointment to the APA board. Ernst was originally appointed to the APA board in June 2016. As a member of the board, he served on the regulatory programs, state land, enforcement, and the park
Pathfinder Bank profit, revenue jump in 3rd quarter
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported that its net income soared 128 percent to $3.4 million, or 56 cents a share, in the third quarter from $1.5 million, or 25 cents, in the year-ago quarter. The Oswego–based banking company generated total revenue (net interest income
Dakota Wealth Management leases 1,900 square feet at The Foundry
SYRACUSE — Dakota Wealth Management recently leased 1,904 square feet of office space at The Foundry building at 432 N. Franklin St. in Syracuse. Bill Anninos, of CBRE/Syracuse, and Kristen Nave, of Sutton Real Estate Company, helped arrange the transaction, according to a CBRE news release. No final lease terms were disclosed. However, a real-estate
KeyCorp’s Q3 profit jumps 55 percent, beats analysts’ expectations
KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income. KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks
NBT Bancorp boosts quarterly dividend by nearly 4 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the fourth quarter. The payment is unchanged from the last quarter but up by 3.7 percent from 27 cents a share in the fourth quarter of 2020. The Norwich–based
Excellus appoints Rigas as general counsel, senior VP
DeWITT, N.Y. — Excellus BlueCross BlueShield has appointed Brenda Rigas as its general counsel and senior VP. Rigas has been the primary legal support for compliance and regulatory affairs at the health insurer over the past 14 years. She has managed the organization’s response to “various high-profile matters,” Excellus said. “Brenda has been managing the
Walsh appoints Lewis to new role focused on diversity, inclusion, financial empowerment
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh has appointed Maria Maldonado Lewis to a newly created job focused on diversity, inclusion, and financial empowerment. The
Tompkins Financial boosts dividend by more than 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 57 cents a share for the fourth quarter. The dividend is payable on Nov. 15, to common shareholders of record on Nov. 2. The dividend represents a 5.6-percent increase over the
NBT Bank names Ondesko corporate treasurer
NORWICH, N.Y. — NBT Bank announced it has appointed Joseph Ondesko as its corporate treasurer. Ondesko was promoted from senior VP and assistant treasurer, a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.