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. 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.
Community Financial System, Inc. has completed its all-cash $39 million acquisition of ClearPoint Federal Bank & Trust through its subsidiary Community Bank, N.A. ClearPoint administers trusts for the approximately $20 billion death care industry, with over $1.5 billion in assets under management and a three-year revenue compound annual growth rate of 9.7%.
The business will operate as ClearPoint Trust, a division of Community Bank, and will be folded into Nottingham Financial Group, the Company’s wealth management arm. Management describes the deal as aligned with a strategy of growing durable, recurring fee income from specialized trust and wealth services.
Community Financial System, Inc. reported the results of its virtual Annual Shareholders Meeting held on May 20, 2026. Shareholders elected 12 directors to one-year terms, with each nominee receiving approximately 38.7 million to 40.3 million votes in favor and over 5.0 million broker non-votes.
Shareholders also approved, on a non-binding advisory basis, the Company’s executive compensation programs, with 39,052,791 votes for, 1,367,203 against, and 197,287 abstentions, plus 5,090,737 broker non-votes. In addition, shareholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026, with 45,216,738 votes for, 457,737 against, and 33,543 abstentions.
Community Financial System, Inc. filed a current report stating it has posted a new investor presentation on its website for upcoming meetings with investors and analysts. The presentation is available on the Events & Presentations page of the company’s investor relations site, offering updated information about the business.
Community Financial System, Inc. reported stronger results for the quarter ended March 31, 2026, with net income of $57.2 million and diluted EPS of $1.08, up from $49.6 million and $0.93 a year earlier. Net interest income rose to $134.7 million as loan balances grew to $11.1 billion, while the provision for credit losses decreased slightly. Total assets reached $17.7 billion and deposits increased to $14.9 billion, reflecting balance‑sheet expansion. The allowance for credit losses increased to $90.2 million, supported by stable credit quality metrics. The company also highlighted ongoing integration of recent acquisitions and a pending cash acquisition of ClearPoint Federal Bank & Trust to expand wealth management services.
Community Financial System Inc ownership disclosure: institutional investor FMR LLC reports beneficial ownership of 3,026,372.36 shares of Common Stock, representing 5.8% of the class as of 03/31/2026. The filing lists sole dispositive power of 3,026,372.36 shares and cites an attached Exhibit 99 for subsidiary identification and a 13d-1(k)(1) agreement.
Community Financial System, Inc. Executive Vice President and Chief Financial Officer Marya Burgio Wlos reported routine share movements related to compensation and retirement savings. The filing shows 273 shares of common stock were disposed of at $63.62 per share to cover taxes on a vesting restricted stock award, a non-market tax-withholding transaction rather than an open-market sale. After this event, she directly holds 1,993 shares of common stock. She also has an additional 488.6341 shares held indirectly through the company’s 401(k) Plan, based on a current plan statement, reflecting ongoing retirement plan participation rather than trading activity.
COMMUNITY FINANCIAL SYSTEM, INC. director Sally A. Steele reported a routine equity compensation event involving phantom stock units tied to common shares.
On April 29, 2026, her phantom stock units were settled for 9 shares of common stock, while 0.4418 shares were settled in cash at $63.17 per share. This reflects the exercise and conversion of deferred stock units granted under the company’s 2022 Long-Term Incentive Plan.
Following these transactions, Steele directly holds 41,227 shares of common stock and 1,230.7635 phantom stock units, and indirectly holds 4,585 shares jointly with her brother. These phantom units are economically equivalent to common shares and are designed to be settled in stock at predetermined dates, aligning director compensation with shareholder value.