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Community Financial System CBU Insurance Services — Professional Fees

Other segment segments

Banking And Corporate Services
$2.51M-3.3%
Employee Benefit Services
$1.81M+15.4%
Wealth Management Services
$88K-56.4%

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$1.39M+2.6%
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WSBCTrust And Investment Services — Professional Fees
$143K+3.6%

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:ProfessionalFees.

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
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
Other segment items (c)7,5562,125449
Segment adjusted income before income taxes$61,688$13,841$2,005$$80,976
Reconciliation of profit or loss (segment adjusted income before income taxes):

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's insurance services — professional fees?
Community Financial System (CBU) reported insurance services — professional fees of $88K in Q2 2026.
How has Community Financial System's insurance services — professional fees changed year-over-year?
Community Financial System's insurance services — professional fees decreased by 50.8% year-over-year, from $179K to $88K.
What is the long-term trend for Community Financial System's insurance services — professional fees?
Over 3 years (2022 to 2025), Community Financial System's insurance services — professional fees has grown at a 34.3% compound annual growth rate (CAGR), from $213K to $516K.
What does insurance services — professional fees mean?
This includes payments for external consulting, legal, accounting, and other specialized professional services utilized by the insurance services segment. It reflects the reliance on third-party expertise to support operations, compliance, or strategic initiatives. High levels of professional fees may indicate non-recurring project work or regulatory requirements.

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