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Community Financial System CBU Insurance Services — Labor And Related Expense

Other segment segments

Banking And Corporate Services
$52M+6.9%
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$16.18M-2.4%
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$6.44M+13.0%

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Other financials

Income statement

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Revenue$223.2M+12.0%
Net income$61.3M+19.5%
EPS (diluted)$1.16+19.6%

Balance sheet

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Cash & equivalents$258.2M+8.8%
Total debt$598.0M+4.1%
Total equity$2.1B+10.1%
Total assets$17.8B+6.6%

Cash flow

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Operating cash flow$51.1M-4.9%
CapEx$9.7M-44.1%
Free cash flow$41.4M+13.7%

Valuation

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Market cap$3.44B+22.3%
Enterprise value$3.78B+20.0%
P/E15.1×+0.6×
P/S+0.4×

Profitability

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Net margin26.6%+1.6pp
FCF margin28.7%+3.3pp

Returns & leverage

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Return on equity11.5%+0.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Community Financial System in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Community Financial System’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092717
Line itemBanking andEmployee / BenefitInsurance
Total consolidated revenues$223,155
Less segment expenses: (b)
Provision for credit losses4,60700
Salaries and employee benefits52,00316,1828,638
Data processing and communications16,6401,254947
Occupancy and equipment12,383987412
Legal and professional fees2,5131,81288
Business development and marketing2,036159272

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's insurance services — labor and related expense?
Community Financial System (CBU) reported insurance services — labor and related expense of $8.64M in Q2 2026.
How has Community Financial System's insurance services — labor and related expense changed year-over-year?
Community Financial System's insurance services — labor and related expense decreased by 2.8% year-over-year, from $8.88M to $8.64M.
What is the long-term trend for Community Financial System's insurance services — labor and related expense?
Over 3 years (2022 to 2025), Community Financial System's insurance services — labor and related expense has grown at a 11.5% compound annual growth rate (CAGR), from $25.46M to $35.25M.
What does insurance services — labor and related expense mean?
This includes all compensation, benefits, and payroll-related costs for employees dedicated to the insurance services segment. It is a key indicator of the segment's operating leverage and human capital investment. Managing this expense is critical for maintaining margins in service-oriented business units.

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