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Community Financial System CBU Bank Owned Life Insurance Income

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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:BankOwnedLifeInsuranceIncome.

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 itemSix Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Provision for credit losses10,24310,807
Amortization of mortgage servicing rights415386
Gain on equity securities(4,309)(244)
Income from bank-owned life insurance policies(2,023)(1,376)
Net gain on sale of assets(1,051)(989)
Loss from equity method investments7890
Change in other assets and liabilities(32,661)(19,441)
Net cash provided by operating activities122,609116,197

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's bank owned life insurance income?
Community Financial System (CBU) reported bank owned life insurance income of $1.03M in Q2 2026.
How has Community Financial System's bank owned life insurance income changed year-over-year?
Community Financial System's bank owned life insurance income increased by 25.9% year-over-year, from $820K to $1.03M.
What is the long-term trend for Community Financial System's bank owned life insurance income?
Over 4 years (2021 to 2025), Community Financial System's bank owned life insurance income has grown at a 13.9% compound annual growth rate (CAGR), from $2.01M to $3.39M.
What does bank owned life insurance income mean?
Bank Owned Life Insurance Income

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