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Community Financial System CBU Communications And Information Technology

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Segments

By segment

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Banking And Corporate Services$16.64M+19.3%
Employee Benefit Services$1.25M+4.8%
Insurance Services$947K+10.8%
Wealth Management Services$845K+21.8%

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:CommunicationsAndInformationTechnology.

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
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
Amortization of intangible assets4,4083,3698,6546,851

Item 1. Financial Statements (Unaudited)

FAQ

What is Community Financial System's communications and information technology?
Community Financial System (CBU) reported communications and information technology of $19.69M in Q2 2026.
How has Community Financial System's communications and information technology changed year-over-year?
Community Financial System's communications and information technology increased by 17.9% year-over-year, from $16.7M to $19.69M.
What is the long-term trend for Community Financial System's communications and information technology?
Over 4 years (2021 to 2025), Community Financial System's communications and information technology has grown at a 8.3% compound annual growth rate (CAGR), from $51M to $70.16M.
What does communications and information technology mean?
This represents the total costs incurred for maintaining, upgrading, and operating the company's information technology infrastructure and communication systems. It encompasses expenses related to software licensing, cybersecurity, data processing, and digital banking platforms. This metric is a key indicator of the firm's investment in digital transformation and operational efficiency.

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