Community Bank System Changes Co Name To Community Financial System, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
Community Bank System, Inc. has changed its corporate name to Community Financial System, Inc. to better reflect its broader business model and mission. The company's ticker symbol (NYSE: CBU) remains unchanged, and its stock will start trading under the new name on May 24, 2024.
May 15, 2024 | 3:06 pm
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Community Bank System, Inc. has rebranded to Community Financial System, Inc. to better reflect its comprehensive financial services. The ticker symbol remains CBU, and trading under the new name begins on May 24, 2024.
The name change signifies a strategic shift to a broader business model, which could positively impact investor sentiment. The unchanged ticker symbol ensures continuity for current investors.
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