Community Bank System Inc (NYSE:CBU)
$ 47.23 -0.04 (-0.08%) Market Cap: 2.49 Bil Enterprise Value: 2.55 Bil PE Ratio: 14.85 PB Ratio: 1.50 GF Score: 67/100

Q1 2024 Community Bank System Inc Earnings Call Transcript

Apr 23, 2024 / 03:00PM GMT
Release Date Price: $44.57 (+0.27%)
Operator

Good day and welcome to the Community Bank System First Quarter 2024 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions to ask a question. You may press star, then one on the touchtone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Dimitar Karaivanov, President and Chief Executive Officer of Community Bank System. Please go ahead.

Dimitar Karaivanov
Community Bank System Inc - President, Chief Executive Officer, Director

Thank you, Nick, and good morning, everyone, and thank you for joining the Community Bank System Q1 2024 earnings call this quarter was a good illustration of the benefit of our diversified financial model. Our market-sensitive recurring fee income businesses showcase their strength and fully offset margin pressure in our banking business.

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