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Community Financial System CBU Wealth Management Services — Labor And Related Expense

Other segment segments

Banking And Corporate Services
$52M+6.9%
Employee Benefit Services
$16.18M-2.4%
Insurance Services
$8.64M-2.8%

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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$3.44B+22.3%
Enterprise value$3.78B+20.0%
P/E15.1×+0.6×
P/S+0.4×

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:LaborAndRelatedExpense.

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
Loss from equity method investments(463)0(789)0
Total noninterest revenues84,01174,508162,585150,544
Noninterest expenses:
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's wealth management services — labor and related expense?
Community Financial System (CBU) reported wealth management services — labor and related expense of $6.44M in Q2 2026.
How has Community Financial System's wealth management services — labor and related expense changed year-over-year?
Community Financial System's wealth management services — labor and related expense increased by 13.0% year-over-year, from $5.7M to $6.44M.
What is the long-term trend for Community Financial System's wealth management services — labor and related expense?
Over 3 years (2022 to 2025), Community Financial System's wealth management services — labor and related expense has grown at a 6.2% compound annual growth rate (CAGR), from $18.99M to $22.72M.
What does wealth management services — labor and related expense mean?
Includes all compensation, benefits, and payroll-related costs for personnel dedicated to the wealth management segment. As wealth management is a human-capital-intensive business, this metric is a primary driver of operating expenses and reflects the cost of maintaining advisory and administrative talent.

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