COMMUNITY BANK SYSTEM INC (CBU)
US2036071064 - Common Stock
Overall CBU gets a fundamental rating of 3 out of 10. We evaluated CBU against 411 industry peers in the Banks industry. Both the profitability and financial health of CBU have multiple concerns. CBU is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CBU had positive earnings in the past year.
In the past year CBU had a positive cash flow from operations.
Each year in the past 5 years CBU has been profitable.
Each year in the past 5 years CBU had a positive operating cash flow.
1.2 Ratios
CBU has a Return On Assets (0.88%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 8.09%, CBU is doing worse than 60.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 8.09% | ||
| ROIC | N/A |
ROA(3y)1.08%
ROA(5y)1.18%
ROE(3y)9.61%
ROE(5y)9.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 17.68%, CBU is doing worse than 73.72% of the companies in the same industry.
In the last couple of years the Profit Margin of CBU has declined.
CBU does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 17.68% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9.84%
PM growth 5Y-7.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CBU does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CBU has been reduced compared to 1 year ago.
CBU has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CBU has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CBU is 1.45, which is an excellent value as it means it would take CBU, only 1.45 years of fcf income to pay off all of its debts.
CBU has a better Debt to FCF ratio (1.45) than 68.37% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that CBU is not too dependend on debt financing.
The Debt to Equity ratio of CBU (0.18) is better than 61.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.45 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.9%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for CBU have decreased by -4.83% in the last year.
Measured over the past 5 years, CBU shows a small growth in Earnings Per Share. The EPS has been growing by 0.86% on average per year.
CBU shows a decrease in Revenue. In the last year, the revenue decreased by -7.53%.
The Revenue has been growing slightly by 2.76% on average over the past years.
EPS 1Y (TTM)-4.83%
EPS 3Y1.22%
EPS 5Y0.86%
EPS growth Q2Q-21.65%
Revenue 1Y (TTM)-7.53%
Revenue growth 3Y3%
Revenue growth 5Y2.76%
Revenue growth Q2Q0.59%
3.2 Future
The Earnings Per Share is expected to grow by 2.02% on average over the next years.
CBU is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.05% yearly.
EPS Next Y-2.96%
EPS Next 2Y2.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.7%
Revenue Next 2Y8.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.54 indicates a correct valuation of CBU.
Based on the Price/Earnings ratio, CBU is valued a bit more expensive than the industry average as 75.43% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of CBU to the average of the S&P500 Index (25.25), we can say CBU is valued slightly cheaper.
With a Price/Forward Earnings ratio of 13.95, CBU is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CBU indicates a slightly more expensive valuation: CBU is more expensive than 69.10% of the companies listed in the same industry.
CBU is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.54 | ||
| Fwd PE | 13.95 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CBU is valued a bit more expensive than the industry average as 61.80% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.4 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)15.79
EPS Next 2Y2.02%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CBU has a Yearly Dividend Yield of 4.05%, which is a nice return.
Compared to an average industry Dividend Yield of 3.89, CBU pays a bit more dividend than its industry peers.
CBU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
The dividend of CBU has a limited annual growth rate of 4.80%.
CBU has paid a dividend for at least 10 years, which is a reliable track record.
As CBU did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.8%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
CBU pays out 69.28% of its income as dividend. This is not a sustainable payout ratio.
CBU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP69.28%
EPS Next 2Y2.02%
EPS Next 3YN/A
COMMUNITY BANK SYSTEM INC
NYSE:CBU (4/24/2024, 7:04:00 PM)
After market: 45.35 0 (0%)45.35
+0.78 (+1.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.39B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.54 | ||
| Fwd PE | 13.95 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)15.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 8.09% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 17.68% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-4.83%
EPS 3Y1.22%
EPS 5Y
EPS growth Q2Q
EPS Next Y-2.96%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.53%
Revenue growth 3Y3%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y