Inferra AI / Company / CBU
Community Financial System, Inc.
CBU · Financials
Last earnings Oct 27, 2026
Key results
Net incomequarter
$55.1 million
(the “Company”) (NYSE: CBU) reported third quarter 2025 net income of $55.1 million, or $1.04 per share and operating net income 1 of $58.1 million, or $1.09 per share.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
EPSquarter
$1.09
Our results also improved from the linked second quarter, highlighted by a quarterly operating diluted earnings per share 1 result of $1.09 that represents a second consecutive quarter of record results.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Results of Operations The Company reported third quarter 2025 net income of $55.1 million, or $1.04 per share.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
This compares to net income of $43.9 million, or $0.83 per share, for the third quarter of 2024.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The $0.21 increase in earnings per share was primarily driven by increases in net interest income and noninterest revenues and a decrease in the provision for credit losses, partially offset by increases in noninterest expenses and income taxes.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
earnings per share increased $0.07 from $0.97 per share for the linked second quarter of 2025, primarily due to increases in net interest income and noninterest revenues and a decrease in noninterest expenses, partially offset by increases in the provision for credit losses and income taxes.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Revenuequarter
$34.4 million
· Employee benefit services revenues for the third quarter of 2025 were $34.4 million, an increase of $1.2 million, or 3.6%, in comparison to the third quarter of 2024 and an increase of $2.0 million, or 6.3%, from the second quarter of 2025.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
· Insurance services revenues for the third quarter of 2025 were $14.1 million, which represents a $0.5 million, or 3.6%, increase versus the prior year’s third quarter and a $0.7 million, or 5.6%, increase from the second quarter of 2025.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
AI analysis
Q3 2025 · reported Oct 21, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $55.1 million | — | — |
| EPS | $1.09 | — | — |
| Revenue | $34.4 million | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
· The cost of interest-bearing liabilities decreased 17 basis points from 1.93% in the third quarter of 2024 to 1.76% in the third quarter of 2025, including a 26 basis point decrease in the average borrowing rate and a 10 basis point decrease in the average interest-bearing deposit rate.
This included a 2 basis point increase in the cost of interest-bearing liabilities driven by a 26 basis point increase in the average borrowing rate due to a higher proportion of overnight borrowings while the average interest-bearing deposit rate was consistent at 1.59%.
Event summary
For further information, please contact: 5790 Widewaters Parkway, DeWitt, N.Y
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
· The cost of interest-bearing liabilities decreased 17 basis points from 1.93% in the third quarter of 2024 to 1.76% in the third quarter of 2025, including a 26 basis point decrease in the average borrowing rate and a 10 basis point decrease in the average interest-bearing deposit rate.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
This included a 2 basis point increase in the cost of interest-bearing liabilities driven by a 26 basis point increase in the average borrowing rate due to a higher proportion of overnight borrowings while the average interest-bearing deposit rate was consistent at 1.59%.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
· At September 30, 2025, the Company’s readily available sources of liquidity totaled $6.20 billion, including unrestricted cash and cash equivalents balances of $230.5 million, investment securities unpledged as collateral totaling $1.75 billion, unused borrowing capacity at the Federal Home Loan Bank of New York of $1.46 billion and $2.76 billion of funding availability at the Federal Reserve Bank’s discount window.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
· Ending borrowings of $763.3 million at September 30, 2025, which included $462.8 million of fixed rate Federal Home Loan Bank of New York term borrowings, $224.2 million of customer repurchase agreements, $67.9 million of overnight borrowings and $8.4 million of finance lease liabilities, decreased $131.1 million, or 14.7%, from the end of the second quarter of 2025 and decreased $185.1 million, or 19.5%, from one year prior.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The increase from the second quarter of 2025 was primarily driven by higher average overnight borrowing balances.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
5 Shareholders’ Equity and Regulatory Capital The Company’s capital planning and management activities, coupled with its diversified streams of income and prudent dividend practices, have allowed it to build and maintain a strong capital position.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Strategy & priorities
is a diversified financial services company that is focused on four main business lines – banking services, employee benefit services, insurance services and wealth management services.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Net Interest Income and Net Interest Margin The Company’s record quarterly net interest income reflected organic loan growth and repricing along with diminishing funding cost pressures, combining to drive margin expansion.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Noninterest Expenses and Income Taxes The Company continues to focus on managing expenses consistent with its organic growth strategies and scale objectives, while evaluating efficiency opportunities and the enhancement of operating leverage in all lines of business.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
4 Financial Position and Liquidity The Company’s financial position and liquidity profile remain strong, demonstrating the effectiveness of its strategic asset and liability management and prudent financial planning.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The growth between both periods was driven by increases in non-maturity interest-bearing and noninterest-bearing deposit balances, partially offset by a decrease in time deposit balances, reflective of competitive offerings and expansion of both governmental and non-governmental deposit relationships as part to the Company’s business development efforts.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Risks & headwinds
Results on an “operating” basis exclude the after-tax effects of acquisition expenses, acquisition-related contingent consideration adjustments, restructuring expenses, litigation accrual, loss on sales of investment securities, unrealized gain (loss) on equity securities and amortization of intangible assets.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
In addition, the Company provides supplemental reporting for “operating pre-tax, pre-provision net revenues,” which subtracts the provision for credit losses, acquisition expenses, acquisition-related contingent consideration adjustments, restructuring expenses, litigation accrual, loss on sales of investment securities, unrealized gain (loss) on equity securities and amortization of intangible assets from income before income taxes.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
These statements are based on the current beliefs and expectations of CBU’s management and are subject to significant risks and uncertainties.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The following factors, among others, could cause the actual results of CBU’s operations to differ materially from its expectations: the macroeconomic and other challenges and uncertainties related to or resulting from current and future economic and market conditions, including the effects on CRE and housing or vehicle prices, unemployment rates, high inflation, U.
SEC original ↗Community Financial System, Inc. — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
31 documentsEarnings releases
9 documentsPresentations
0 documentsNo presentations for Community Financial System, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Community Financial System, Inc. are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Community Financial System, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“ Strategic, Accretive Acquisition of SMBC MANUBANK’s Commercial Banking Unit (“CBU”) Investor Presentation March 31, 2026 … …uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the gui”
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