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Community Financial System CBU Wealth Management Services — Depreciation
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Where this comes from
Reported directly by Community Financial System in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
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 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
|---|---|---|
| Operating activities: | ||
| Net income | $118,552 | $100,945 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 11,341 | 7,301 |
| Amortization of intangible assets | 8,654 | 6,851 |
| Net amortization on securities, loans, finance leases and borrowings | 6,932 | 6,394 |
| Stock-based compensation | 5,727 | 5,563 |
| Provision for credit losses | 10,243 | 10,807 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Community Financial System's wealth management services — depreciation?
- Community Financial System (CBU) reported wealth management services — depreciation of $59K in Q2 2026.
- How has Community Financial System's wealth management services — depreciation changed year-over-year?
- Community Financial System's wealth management services — depreciation increased by 15.7% year-over-year, from $51K to $59K.
- What is the long-term trend for Community Financial System's wealth management services — depreciation?
- Over 3 years (2022 to 2025), Community Financial System's wealth management services — depreciation has grown at a 7.0% compound annual growth rate (CAGR), from $164K to $201K.
- What does wealth management services — depreciation mean?
- The systematic allocation of the cost of tangible assets, such as office equipment and technology hardware, used by the wealth management segment over their useful lives. This non-cash expense reflects the consumption of physical capital required to support advisory operations. Consistent tracking helps assess the segment's ongoing capital expenditure requirements.
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