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Community Financial System CBU Wealth Management Services — Professional Fees

Other segment segments

Banking And Corporate Services
$2.51M-3.3%
Employee Benefit Services
$1.81M+15.4%
Insurance Services
$88K-50.8%

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$5.78M+14.1%

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:ProfessionalFees.

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 itemBanking andEmployee / BenefitInsurance
Salaries and employee benefits52,00316,1828,638
Data processing and communications16,6401,254947
Occupancy and equipment12,383987412
Legal and professional fees2,5131,81288
Business development and marketing2,036159272
Other segment items (c)7,5562,125449
Segment adjusted income before income taxes$61,688$13,841$2,005$$80,976
Reconciliation of profit or loss (segment adjusted income before income taxes):

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's wealth management services — professional fees?
Community Financial System (CBU) reported wealth management services — professional fees of $88K in Q2 2026.
How has Community Financial System's wealth management services — professional fees changed year-over-year?
Community Financial System's wealth management services — professional fees decreased by 56.4% year-over-year, from $202K to $88K.
What is the long-term trend for Community Financial System's wealth management services — professional fees?
Over 3 years (2022 to 2025), Community Financial System's wealth management services — professional fees has grown at a 8.4% compound annual growth rate (CAGR), from $407K to $519K.
What does wealth management services — professional fees mean?
Captures expenses paid to external third parties for specialized services such as legal, consulting, audit, or regulatory compliance support. These costs are essential for maintaining the operational integrity and regulatory standing of the wealth management business.

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