Welcome to our dedicated page for COMMUNITY FINANCIAL SYSTEM SEC filings (Ticker: CBU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Community Financial System, Inc. filings document a diversified financial services company with banking, employee benefit services, insurance services and wealth management services operations. Its Form 8-K reports furnish operating results, Regulation FD investor presentations, director appointments, bank leadership changes and capital actions, including stock repurchase authorization disclosures.
Proxy materials cover annual meeting procedures, shareholder voting matters, board governance, executive compensation and performance discussion across the company's four business lines. The filing record also identifies Community Bank, N.A. and other operating units as recurring subjects in disclosures about business strategy, governance and capital structure for CBU common stock.
Community Financial System, Inc. reported second quarter 2026 net income of $61.3 million, or $1.16 per share, and operating net income of $61.5 million. Management highlighted operating diluted EPS of $1.16, up 11.5% year-over-year and its fifth consecutive quarter of record results. Total revenues were $223,155 thousand, up 12.0% from a year earlier.
Return on assets was 1.40%, return on equity 12.10% and net interest margin 3.46% (3.49% on a fully tax-equivalent basis). Total ending loans grew 7.3% year-over-year and deposits 7.4%. Asset quality remained solid, with annualized net charge-offs of 0.12% of average loans and nonperforming assets at 0.36% of total assets. The Tier 1 leverage ratio was 9.26%.
The company completed the $39.0 million cash acquisition of ClearPoint Federal Bank & Trust, adding over $1.5 billion of trust assets to its wealth management unit. It also approved a $0.02 increase in the quarterly dividend declared for the third quarter of 2026, marking the 34th consecutive year of dividend increases.
COMMUNITY FINANCIAL SYSTEM, INC. director Mark J. Bolus reported an open-market sale of 12,190.833 shares of common stock at $67.00 per share. Following this sale, he directly holds 94,060 shares. The filing also lists indirect holdings through the Taylor, Paige, Noah, Austin, and Mark Bolus Trusts with reported share balances.
CBU: A Form 144 filing records proposed sales of Common stock associated with Joseph Bolus. The filing lists multiple small acquisitions by reinvested dividends and an earlier inherited holding, and shows exchange/processing details dated 06/25/2026.
Sullivan Michele reported acquisition or exercise transactions in this Form 4 filing.
Community Financial System, Inc. director Michele Sullivan reported a compensation-related grant of deferred stock units. On June 18, 2026, she received 406.1888 units of Deferred Stock (Deferred Compensation) at a reference price of $61.24 per unit, each economically equivalent to one share of common stock. A separate line reflects 3,973.0866 phantom stock units outstanding, also tied one-for-one to common shares and to be settled in stock at predetermined future dates. Footnotes note additional small phantom stock units credited as dividend equivalents under the company’s long-term incentive and director deferred compensation plans.
Vaccaro John A reported acquisition or exercise transactions in this Form 4 filing.
COMMUNITY FINANCIAL SYSTEM, INC. director John A. Vaccaro received a grant of deferred stock tied to his compensation. He was awarded 320.4605 units of deferred stock, economically equivalent to the same number of common shares, at a reference price of $61.24 per unit. Following this award, his deferred stock balance is 635.1521 units, which will be settled in common stock at future dates he selects under the Deferred Compensation Plan for Directors.
Community Financial System, Inc. senior vice president and chief accounting officer Deresa Fischer reported routine equity compensation activity. She exercised stock options covering 1,623 shares of common stock at exercise prices of $44.27 and $51.64 per share, and 1,326 shares were disposed of to cover tax obligations at $64.77 per share. Following these transactions, she directly holds 5,477.604 common shares, with additional indirect holdings through a spouse and a 401(k) plan.
Community Financial System, Inc. director Eric Stickels reported an open-market sale of 2,000 shares of common stock at a weighted average price of $63.9811 per share on June 8, 2026, with individual trade prices ranging from $63.72 to $64.17.
Following the sale, he holds 31,592 common shares directly and 15,513.1018 shares indirectly through his wife's Community Financial System, Inc. 401(k). He also holds 5,264.7558 phantom stock units under the 2022 Long-Term Incentive Plan, including 30.2137 units acquired on April 10, 2026 via dividend reinvestment.