John Parente Biography and Net Worth

Director of Community Bank System

John Parente has served as a member of the Community Bank, N.A. Board of Directors since January 2009 and as a member of the Community Bank System, Inc. Board of Directors since February 2010. Mr. Parente is Chief Executive Officer of CP Media, LLC of Wilkes-Barre, PA, an owner and operator of broadcast television stations.

What is John Parente's net worth?: The estimated net worth of John Parente is at least $2.87 million as of March 10th, 2021. Mr. Parente owns 67,578 shares of Community Bank System stock worth more than $2,868,686 as of April 19th. This net worth evaluation does not reflect any other assets that Mr. Parente may own. Learn More about John Parente's net worth.
How do I contact John Parente?: The corporate mailing address for Mr. Parente and other Community Bank System executives is 5790 WIDEWATERS PKWY, DEWITT NY, 13214. Community Bank System can also be reached via phone at (315) 445-2282 and via email at [email protected]. Learn More on John Parente's contact information.
Has John Parente been buying or selling shares of Community Bank System?: John Parente has not been actively trading shares of Community Bank System within the last three months. Most recently, John Parente sold 7,568 shares of the business's stock in a transaction on Wednesday, March 10th. The shares were sold at an average price of $79.36, for a transaction totalling $600,596.48. Following the completion of the sale, the director now directly owns 67,578 shares of the company's stock, valued at $5,362,990.08. Learn More on John Parente's trading history.
Who are Community Bank System's active insiders?: Community Bank System's insider roster includes Brian Ace (Director), Mark Bolus (Director), Neil Fesette (Director), George Getman (VP), Dimitar Karaivanov (President & CEO), Jeffery Knauss (Director), Jeffrey Levy (Insider), Kerrie MacPherson (Director), John Parente (Director), Susan Skerritt (Director), Sally Steele (Director), and John Whipple, Jr. (Director). Learn More on Community Bank System's active insiders.
Are insiders buying or selling shares of Community Bank System?: In the last year, Community Bank System insiders bought shares 5 times. They purchased a total of 6,710 shares worth more than $286,581.70. In the last year, insiders at the bank sold shares 3 times. They sold a total of 16,532 shares worth more than $832,773.76. The most recent insider tranaction occured on February, 21st when Director Mark J Bolus sold 3,631 shares worth more than $163,395.00. Insiders at Community Bank System own 1.9% of the company. Learn More about insider trades at Community Bank System.
Information on this page was last updated on 2/21/2024.

John Parente Insider Trading History at Community Bank System

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
3/10/2021	Sell	7,568	$79.36	$600,596.48	67,578
10/25/2013	Sell	3,850	$36.72	$141,372.00

John Parente Buying and Selling Activity at Community Bank System

Community Bank System Company Overview

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, institutional, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as interest and noninterest -bearing checking, savings, and money market deposit accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; paycheck protection program loans; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and check credit lines of credit for consumers; and home equity products. In addition, the company offers broker-dealer and investment advisory; cash management, investment, and treasury services; asset management services; and employee benefit services, as well as operates as a full-service insurance agency that provides personal and commercial lines of insurance, and other risk management products and services. Further, it offers contribution plan administration, employee benefit trust, collective investment fund, retirement plan administration and benefit consulting, fund administration, transfer agency, actuarial and benefit consulting, and health and welfare consulting services; and act as an investor in residential and commercial real estate activities. Additionally, the company offers wealth management, retirement planning, higher educational planning, fiduciary, risk management, trust, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and insurance and advisory products, as well as master recordkeeping services. Community Bank System, Inc. was founded in 1866 and is headquartered in DeWitt, New York.

Today's Range

Now: $42.45

$41.52

$42.85

50 Day Range

MA: $45.21

$41.53

$48.05

2 Week Range

Now: $42.45

$35.38

$55.64

Volume

376,005 shs

Average Volume

293,465 shs

Market Capitalization

$2.24 billion

P/E Ratio

16.78

Dividend Yield

4.32%

Beta

0.66

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