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Community Financial System CBU Wealth Management Services — Business Development

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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$3.41B+18.6%
Enterprise value$3.75B+16.8%
P/E15×+0.2×
P/S+0.3×

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:BusinessDevelopment.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Salaries and employee benefits82,43179,021162,753155,463
Data processing and communications19,68616,69937,55732,821
Occupancy and equipment13,88511,48628,76724,184
Business development and marketing2,5564,0015,0917,131
Legal and professional fees4,3144,3689,3849,217
Amortization of intangible assets4,4083,3698,6546,851
Other expenses10,45310,15818,56318,725
Total noninterest expenses137,733129,102270,769254,392

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's wealth management services — business development?
Community Financial System (CBU) reported wealth management services — business development of $89K in Q2 2026.
How has Community Financial System's wealth management services — business development changed year-over-year?
Community Financial System's wealth management services — business development increased by 229.6% year-over-year, from $27K to $89K.
What is the long-term trend for Community Financial System's wealth management services — business development?
Over 3 years (2022 to 2025), Community Financial System's wealth management services — business development has grown at a -4.8% compound annual growth rate (CAGR), from $87K to $75K.
What does wealth management services — business development mean?
Reflects the costs incurred for marketing, advertising, and client acquisition activities aimed at growing the wealth management segment's assets under management. This metric is a key indicator of the company's commitment to expanding its client base and market presence.

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