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Community Bank System announces leadership transition for 2026

Story Highlights
  • Community Bank, N.A. completed a planned 2025–26 leadership transition, appointing Matthew Durkee as chief banking officer.
  • The board authorized a new 2026 stock repurchase program for up to 2.63 million shares, replacing the prior plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Community Bank System announces leadership transition for 2026

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Community Bank System ( (CBU) ) has shared an update.

Community Bank, N.A. implemented a planned leadership transition at the start of 2026, as Senior Vice President and Chief Banking Officer Jeffrey M. Levy retired on December 31, 2025, and was succeeded by Matthew K. Durkee, formerly President, Commercial Banking, effective January 1, 2026; Levy will remain involved through a consulting agreement from January 5 to June 30, 2026 to support continuity. Separately, on December 17, 2025, the board approved a new annual stock repurchase program authorizing the buyback of up to 2,633,000 shares of common stock during 2026, replacing an earlier program that expired on December 31, 2025 and under which 206,054 shares were repurchased in 2025, signaling continued capital management efforts that may affect shareholder returns and share liquidity.

The most recent analyst rating on (CBU) stock is a Buy with a $68.00 price target. To see the full list of analyst forecasts on Community Bank System stock, see the CBU Stock Forecast page.

Spark’s Take on CBU Stock

According to Spark, TipRanks’ AI Analyst, CBU is a Outperform.

Community Bank System’s strong financial performance and positive earnings call are the most significant factors driving the score. The stock’s technical indicators suggest bullish momentum, though caution is advised due to overbought signals. Valuation is fair, and recent corporate events are favorable, enhancing the company’s strategic position.

To see Spark’s full report on CBU stock, click here.

More about Community Bank System

Community Financial System, Inc., through its wholly owned subsidiary Community Bank, N.A., operates in the banking industry, providing commercial and retail banking services across its regional markets, including a New England presence, with a focus on commercial banking leadership and regional expansion.

Average Trading Volume: 222,936

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.1B

Learn more about CBU stock on TipRanks’ Stock Analysis page.

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