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Community Financial System CBU Wealth Management Services — Depreciation

Other segment segments

Banking And Corporate Services
$4.92M+49.2%
Employee Benefit Services
$200K+6.4%
Insurance Services
$88K-17.0%

Similar metrics at other companies

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MTBInstitutional Services and Wealth Management — Depreciation and amortization of premises and equipment
$2M0.0%
WSFS Financial logo
WSFSWealth Management — Equipment expense
$2.63M+14.9%
Morningstar logo
MORNMorningstar Wealth Segment — Depreciation
$1.4M-30.0%
GATX logo
GATXPortfolio Management — Depreciation expense
$10.6M+12.8%
Cavco Industries logo
CVCOFinancial services — Depreciation
$40K-36.5%
SEI Investments logo
SEICInvestment Managers — Depreciation
$1.81M+2,824%

Other financials

Income statement

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Revenue$213.3M+8.7%
Net income$57.2M+15.3%
EPS (diluted)$1.08+16.1%

Balance sheet

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Cash & equivalents$572.2M+10.5%
Total debt$437.7M-25.3%
Total equity$2.0B+10.4%
Total assets$17.7B+5.8%

Cash flow

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Operating cash flow$71.6M+14.5%
CapEx$11.3M+6.7%
Free cash flow$60.3M+16.1%

Valuation

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Market cap$3.28B+2.6%
Enterprise value$3.14B-4.1%
P/E15×-1.7×
P/S3.9×-0.3×

Profitability

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Net margin26.1%+1.1pp
FCF margin28.9%+3.3pp

Returns & leverage

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Return on equity11.3%+0.3pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Community Financial System in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Community Financial System’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Community Financial System's wealth management services — depreciation?
Community Financial System (CBU) reported wealth management services — depreciation of $45K in Q1 2026.
How has Community Financial System's wealth management services — depreciation changed year-over-year?
Community Financial System's wealth management services — depreciation decreased by 10.0% year-over-year, from $50K to $45K.
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.