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Community Financial System CBU Wealth Management Services — Intangible Amortization
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Where this comes from
Reported directly by Community Financial System in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
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 item | Three Months Ended / June 30, 2026 | Three Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Occupancy and equipment | 13,885 | 11,486 | 28,767 | 24,184 |
| Business development and marketing | 2,556 | 4,001 | 5,091 | 7,131 |
| Legal and professional fees | 4,314 | 4,368 | 9,384 | 9,217 |
| Amortization of intangible assets | 4,408 | 3,369 | 8,654 | 6,851 |
| Other expenses | 10,453 | 10,158 | 18,563 | 18,725 |
| Total noninterest expenses | 137,733 | 129,102 | 270,769 | 254,392 |
| Income before income taxes | 80,815 | 66,037 | 155,429 | 130,305 |
| Income taxes | 19,481 | 14,706 | 36,877 | 29,360 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Community Financial System's wealth management services — intangible amortization?
- Community Financial System (CBU) reported wealth management services — intangible amortization of $333K in Q2 2026.
- How has Community Financial System's wealth management services — intangible amortization changed year-over-year?
- Community Financial System's wealth management services — intangible amortization increased by 162.2% year-over-year, from $127K to $333K.
- What is the long-term trend for Community Financial System's wealth management services — intangible amortization?
- Over 2 years (2022 to 2025), Community Financial System's wealth management services — intangible amortization has grown at a -26.6% compound annual growth rate (CAGR), from $931K to $502K.
- What does wealth management services — intangible amortization mean?
- The periodic expense recognized for the consumption of finite-lived intangible assets, such as acquired client lists or non-compete agreements, within the wealth management segment. This metric reflects the cost of past acquisitions and business combinations. A declining trend often indicates that older acquisition-related costs are being fully expensed.
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