Brian Ace - Community Bank Independent Director

CBU Stock  USD 69.23  0.37  0.53%   

Director

Mr. Brian R. Ace is Independent Director of the Company. Mr. Ace currently serves as the Chair of Companys Governance Committee and a member of the Compensation Committee, Risk Committee, and Trust and Financial Services Committee since 2003.
Age 66
Tenure 21 years
Address 5790 Widewaters Parkway, Dewitt, NY, United States, 13214-1883
Phone315 445 2282
Webhttps://communityfinancialsystem.com
Ace is the former President of Laceyville Hardware and brings to the Board his business experience and an understanding of the business environment in Northeast Pennsylvania. He also has over 30 years of experience serving as a director of a national bank and previously served on the Company’s Audit, Nominating and Compensation Committees. Because of this significant period of service, Mr. Ace is thoroughly familiar with the duties and responsibilities of public company audit, nominating and compensation committees and brings this knowledge and expertise to the committees on which he serves.

Brian Ace Latest Insider Activity

Tracking and analyzing the buying and selling activities of Brian Ace against Community Bank stock is an integral part of due diligence when investing in Community Bank. Brian Ace insider activity provides valuable insight into whether Community Bank is net buyers or sellers over its current business cycle. Note, Community Bank insiders must abide by specific rules, including filing SEC forms every time they buy or sell Community Bank'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Community Bank Management Efficiency

The company has Return on Asset of 0.0105 % which means that on every $100 spent on assets, it made $0.0105 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0996 %, implying that it generated $0.0996 on every 100 dollars invested. Community Bank's management efficiency ratios could be used to measure how well Community Bank manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.11 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. Total Current Liabilities is likely to gain to about 6.4 B in 2024. Liabilities And Stockholders Equity is likely to gain to about 16.3 B in 2024
Community Bank System has 460.6 M in debt with debt to equity (D/E) ratio of 0.35, which is OK given its current industry classification. Note however, debt could still be an excellent tool for Community to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Robert DeanNational Bank Holdings
70
Robert YohananByline Bancorp
80
William KistnerByline Bancorp
69
Steven McDonaldCommunity West Bancshares
74
Fred JosephNational Bank Holdings
68
Steven KentByline Bancorp
69
Antonio PerochenaByline Bancorp
51
Micho SpringNational Bank Holdings
71
Emily GoodenNational Bank Holdings
37
Mary HersethByline Bancorp
61
Alka GuptaNational Bank Holdings
51
Robert JanneyBlue Ridge Bankshares
75
Debbie NalchajianCohenCommunity West Bancshares
N/A
Arthur ZeileNational Bank Holdings
57
John IllgenCommunity West Bancshares
79
Ralph ClermontNational Bank Holdings
73
Christine PhillipsWestern New England
50
Monica RidoshChemung Financial Corp
N/A
Phillip CabreraByline Bancorp
67
Burney WarrenNational Bank Holdings
73
Steven RullByline Bancorp
70
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, and municipal customers. Community Bank System, Inc. was founded in 1866 and is headquartered in DeWitt, New York. Community Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 2728 people. Community Bank System (CBU) is traded on New York Stock Exchange in USA. It is located in 5790 Widewaters Parkway, Dewitt, NY, United States, 13214-1883 and employs 2,687 people. Community Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Community Bank System Leadership Team

Elected by the shareholders, the Community Bank's board of directors comprises two types of representatives: Community Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Community. The board's role is to monitor Community Bank's management team and ensure that shareholders' interests are well served. Community Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Community Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Stickels, Independent Director
Michael Abdo, Executive Counsel
John Whipple, Lead Independent Director
Scott Kingsley, Chief Operating Officer, Executive Vice President
Aaron Friot, Chief VP
Sally Steele, Non-Executive Independent Chairman of the Board
Maureen GillanMyer, Chief Human Resource Officer, Executive Vice President
Kerrie MacPherson, Independent Director
Brian Ace, Independent Director
Robert Frost, Vice Analysis
Daniel Bailey, Senior Officer
Danielle Cima, Corporate Counsel
Raymond Pecor, Independent Director
Michael Cerminaro, President Division
Jeffrey Levy, President Commercial Banking
Dimitar Karaivanov, Executive Vice President - Financial Services and Corporate Development
Jeffrey Davis, Independent Director
Paul Ward, VP Officer
John Parente, Independent Director
Michael Kallet, Independent Director
Susan Skerritt, Independent Director
Jeffery Knauss, Independent Director
Dorothy Quarltere, Chief Officer
Deresa Durkee, Corporate Controller
Joseph Sutaris, Executive Vice President and Chief Credit Officer
Joseph Serbun, Executive Vice President and Chief Credit Officer, Chief Banking Officer
George Getman, Executive VP, General Counsel, Executive VP of Community Bank and General Counsel of Community Bank
Joseph Lemchak, Senior Vice President Chief Investment Officer
Mark Bolus, Independent Director
Mark Tryniski, CEO and President CEO of Community Bank, N.A and President of Community Bank, N.A, Director and Director of Community Bank, N.A
Neil Fesette, Independent Director

Community Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Community Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Community Stock Analysis

When running Community Bank's price analysis, check to measure Community Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Community Bank is operating at the current time. Most of Community Bank's value examination focuses on studying past and present price action to predict the probability of Community Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Bank's price. Additionally, you may evaluate how the addition of Community Bank to your portfolios can decrease your overall portfolio volatility.