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Community Financial System CBU Wealth Management Services — Goodwill
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Where this comes from
Reported directly by Community Financial System in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
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 | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Loans | 11,282,824 | 10,949,757 |
| Allowance for credit losses | (91,696) | (87,921) |
| Loans, net of allowance for credit losses | 11,191,128 | 10,861,836 |
| Goodwill | 900,650 | 887,975 |
| Core deposit intangibles, net | 15,732 | 14,754 |
| Other intangibles, net | 47,312 | 39,987 |
| Goodwill and intangible assets, net | 963,694 | 942,716 |
| Premises and equipment, net | 250,251 | 246,505 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Community Financial System's wealth management services — goodwill?
- Community Financial System (CBU) reported wealth management services — goodwill of $14.07M in Q2 2026.
- How has Community Financial System's wealth management services — goodwill changed year-over-year?
- Community Financial System's wealth management services — goodwill increased by 309.4% year-over-year, from $3.44M to $14.07M.
- What does wealth management services — goodwill mean?
- Represents the premium paid over the fair value of net identifiable assets during the acquisition of wealth management-related businesses. It is an intangible asset that reflects the value of brand reputation, client relationships, and market position. Significant changes in this balance typically signal impairment charges or new strategic acquisitions.
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