Welcome to our dedicated page for Community Financial System news (Ticker: CBU), a resource for investors and traders seeking the latest updates and insights on Community Financial System stock.
Community Financial System, Inc. (NYSE: CBU) is a diversified financial services company focused on banking services, employee benefit services, insurance services and wealth management services. Its news flow reflects activity across these four main business lines and the operations of its key subsidiaries, including Community Bank, N.A., Benefit Plans Administrative Services, Inc., OneGroup NY, Inc. and Nottingham Financial Group.
News about Community Financial System, Inc. often covers earnings announcements and related conference calls, where the company discusses its quarterly and annual financial and operating results. These updates are typically accompanied by supplemental information and presentations for analysts and investors. Dividend declarations and information about consecutive years of dividend increases are also recurring topics in the company’s press releases.
Another important category of news involves strategic transactions and growth initiatives. Examples include the acquisition of seven former Santander Bank, N.A. branches in the Allentown, Pennsylvania area by Community Bank, N.A., which the company describes as accelerating its expansion in the Greater Lehigh Valley, and the planned acquisition of ClearPoint Federal Bank & Trust to significantly expand the revenue and offerings of Nottingham Financial Group in trust administration. The company also reports on minority investments, such as its investment in Leap Holdings, Inc., intended to complement its insurance services business.
Corporate governance and leadership developments, such as board appointments, executive succession plans and stock repurchase authorizations, are additional themes in Community Financial System, Inc.’s news. Investors and observers who follow CBU news can use this page to monitor earnings releases, capital deployment decisions, branch and business acquisitions, minority investments and changes in the company’s governance and leadership structure.
Community Financial System (NYSE: CBU) agreed to acquire ClearPoint Federal Bank & Trust in an all-cash transaction valued at $40 million, subject to possible purchase price adjustment.
ClearPoint administers trust services for the approximately $20 billion death care industry, holds about $1.5 billion of assets under management, and has a 3-year revenue CAGR of 8.8%. The deal is intended to expand Nottingham Financial Group's wealth management offerings and shift CFSI capital into recurring income streams. Closing is expected in Q2 2026 and remains conditional on ClearPoint shareholder and regulatory approvals and customary closing conditions.
Community Financial System (NYSE: CBU) will host a fourth quarter and full year 2025 earnings conference call on Tuesday, January 27, 2026 at 11:00 a.m. Eastern Time.
Management will release results prior to market open on January 27, 2026. Presenters include Dimitar Karaivanov, President and CEO, and Marya Burgio Wlos, EVP and CFO. Management's prepared remarks are expected to last about 15 minutes, followed by Q&A. Investors may join via U.S. dial-in 1-833-630-0464, international dial-in 1-412-317-1809, or the live webcast at https://app.webinar.net/5l1qd0vnwKo. A replay will be available on the company website for one year at no cost.
Community Bank (NYSE: CBU) completed the acquisition of seven former Santander Bank branches in the Allentown, Pennsylvania area on November 10, 2025. The transaction adds approximately $553.0 million in customer deposit accounts and expands Community Bank's footprint in Greater Lehigh Valley.
With these seven branches plus recently opened and pending de novo locations, Community Bank will operate 12 retail locations in the market and says this secures a Top 5 market position. Management emphasized a smooth transition for employees and customers and continued focus on consumer, business and private banking in the region.
Community Financial System (NYSE: CBU) reported third quarter 2025 results and posted the full earnings release online.
The company said the Q3 2025 results are available in the News section of its investor relations website and via a BusinessWire link. Management will host a conference call at 11:00 a.m. ET on October 21, 2025 to discuss the results; the call can be accessed via a webcast link or by dial-in.
Community Financial System (NYSE: CBU) declared a quarterly cash dividend of $0.47 per share. The dividend is payable on January 12, 2026 to shareholders of record as of December 12, 2025. The $0.47 distribution represents an annualized yield of 3.21% based on the closing share price of $58.48 on October 14, 2025.
Community Financial System (NYSE:CBU) has scheduled its Third Quarter 2025 Earnings Conference Call for Tuesday, October 21, 2025, at 11:00 a.m. Eastern Time. The company will release its Q3 2025 financial results before the market opens on the same day.
President and CEO Dimitar Karaivanov and CFO Marya Burgio Wlos will lead the call, featuring 15 minutes of prepared remarks followed by a Q&A session. Investors can access the call via U.S. dial-in (1-833-630-0464), international dial-in (1-412-317-1809), or webcast. The webcast replay will be available for one year on the company's website.
Community Financial System (NYSE:CBU) has appointed John A. Vaccaro as a new independent director to its Board of Directors, effective October 1, 2025. Vaccaro, currently Chairman Emeritus of MML Investors Services with $285 billion in assets under management, brings extensive experience in wealth management and financial services.
During his tenure at MassMutual, Vaccaro led the growth of their wealth management business from $10 billion to $285 billion in client assets. He previously served as CEO of MML Investors Services from 2009 to March 2025, managing over 7,500 financial advisors and 3,000 support staff across 1,600+ locations. With his appointment, CBU's board now comprises 13 directors, with 12 being independent.
BPAS, a subsidiary of Community Bank System (NYSE:CBU), has secured top recognition in the 2025 NAPA Advisors' Choice Awards for the fourth consecutive year. The company achieved Top 5 rankings in six categories across mid- and large-market segments, including Advisor Support, Participant Statement, Education Materials, Regulatory Support, Staff Credentials, and Retirement Income.
BPAS serves as a comprehensive provider of retirement plans, benefit plans, fund administration, and collective investment trusts. The company's integrated service model has demonstrated impressive results, with 97% client satisfaction and 45% time savings compared to previous administrators. Their dedicated service approach includes providing each client with a credentialed plan consultant, regardless of plan size.
[ "Achieved Top 5 rankings in six NAPA Advisors' Choice Award categories", "97% client satisfaction rating demonstrates strong service quality", "45% administrative time savings for clients compared to previous providers", "Fourth consecutive year of NAPA recognition indicates consistent performance" ]Community Financial System (NYSE:CBU) has announced a strategic minority investment of $37.35 million in Leap Holdings, Inc., acquiring various classes of preferred and common stock. The investment aligns with CBU's strategy to expand its insurance services business and grow as a diversified financial services company.
Leap's subsidiary, Leap Insurance Agency, operates as a tech-first managing general agent (MGA) in the rental housing sector. The company offers innovative insurance solutions including Agile Rent Guaranty and Leap Deposit Replacement, both backed by an A- rated insurance provider through the Accelerant Risk Exchange. Since its 2018 launch, Leap has shown strong growth momentum.
Community Financial System (NYSE:CBU) has reported strong second quarter 2025 results, marking several new records. The company achieved net income of $51.3 million, or $0.97 per share, up $0.06 from Q2 2024. Operating net income reached $55.4 million, or $1.04 per share.
The company set new quarterly records with total revenues of $199.3 million (up 8.4% YoY) and net interest income of $124.7 million (up 14.0% YoY). Total loans grew to $10.52 billion (up 4.9% YoY), while deposits reached $13.70 billion (up 4.3% YoY), despite a slight quarterly decline of 1.4%.