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Community Financial System, Inc.

Community Financial System, Inc.

NYSE•CBU
CEO: Mr. Dimitar A. Karaivanov
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1985-11-26
Community Financial System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, institutional, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as interest and noninterest -bearing checking, savings, and money market deposit accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; paycheck protection program loans; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and check credit lines of credit for consumers; and home equity products. In addition, the company offers broker-dealer and investment advisory; cash management, investment, and treasury services; asset management services; and employee benefit services, as well as operates as a full-service insurance agency that provides personal and commercial lines of insurance, and other risk management products and services. Further, it offers contribution plan administration, employee benefit trust, collective investment fund, retirement plan administration and benefit consulting, fund administration, transfer agency, actuarial and benefit consulting, and health and welfare consulting services; and act as an investor in residential and commercial real estate activities. Additionally, the company offers wealth management, retirement planning, higher educational planning, fiduciary, risk management, trust, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and insurance and advisory products, as well as master recordkeeping services. Community Financial System, Inc. was founded in 1866 and is headquartered in Dewitt, New York.
Contact Information
5790 Widewaters Parkway, Dewitt, NY, 13214-1883, United States
315-445-2282
communityfinancialsystem.com
Market Cap
$2.93B
P/E (TTM)
14.2
vs Industry 13.8
Dividend Yield (TTM)
3.3%
52W High
$73.39
52W Low
$49.44
52W Range
25%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$255.93M+6.60%
4-Quarter Trend

EPS

$1.04+23.81%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2025 Q2 Earnings Highlights

Release Date: Aug 8, 2025

Key Highlights

Strong YTD Profitability Growth YTD Net Income increased 13.7% to $100.9M; Diluted EPS reached $1.90, up $0.23 YTD, reflecting core revenue strength.
Net Interest Margin Expansion Q2 FTE Net Interest Margin rose 26 bps Q/Q to 3.30%, driven by higher yields on interest-earning assets and lower funding costs.
Loan and Deposit Growth Total loans grew 0.8% Q/Q to $10.52B; total deposits increased 1.9% Q/Q to $13.70B, reflecting continued organic expansion.
Capital Ratios Remain Robust Tier 1 Leverage Ratio improved to 9.42% and Common Equity Tier 1 Ratio reached 14.68%, maintaining strong capital adequacy.

Risk Factors

Increased Net Charge-Offs Q2 annualized net charge-offs ratio jumped to 0.20% (vs. 0.05% Q2 2024), primarily due to a single $4.3M non-owner occupied CRE charge-off.
Higher Credit Loss Provision YTD Provision for Credit Losses increased $2.0M to $10.8M, reflecting increased risk reserves for business lending portfolio growth.
Investment Securities Unrealized Loss Investment portfolio holds $334.7M net unrealized loss, primarily due to medium to long-term interest rate movements impacting fair value.
NII Sensitivity to Rising Rates NII sensitivity model projects a 1.4% decrease in NII if rates rise 200 bps, as funding costs on deposits reprice higher in year one.

Outlook

Pending Branch and Deposit Acquisition Pending acquisition of Santander branches expected Q4 2025, acquiring $33.0M loans and assuming $600.0M in deposits.
Shift in Loan Portfolio Focus Company intends to increase growth in business non-real estate lending, keeping CRE loan share at or below recent levels.
Continued Dividend Increase Quarterly dividend raised to $0.47 per share, marking the 33rd consecutive year of dividend increases for the Company.
Maintain Strong Liquidity Position Total sources of liquidity $5.94B, covering 246% of net estimated uninsured deposits, ensuring ample funding capacity.

Peer Comparison

Revenue (TTM)

Banco Macro S.A.BMA
$4.78B
-14.6%
BankUnited, Inc.BKU
$2.16B
-2.9%
BankUnited, Inc.BKU
$2.16B
+6.5%

Gross Margin (Latest Quarter)

WSFS Financial CorporationWSFS
73.3%
+4.7 pp
WSFS Financial CorporationWSFS
73.3%
+4.7 pp
Fulton Financial CorporationFULT
66.8%
+6.2 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BMA$5.78B18.111.5%0.0%
FIBK$3.28B13.17.3%0.5%
FIBK$3.28B13.17.3%0.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4-Quarter Revenue CAGR
+1.3%
Moderate Growth
4-Quarter Net Income CAGR
+3.4%
Slow Improvement in Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $247.39M+6.9%
    |
    EPS: $0.97+6.6%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $243.68M+9.3%
    |
    EPS: $0.94+22.1%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 28, 2025|
    Revenue: $940.71M+24.4%
    |
    EPS: $3.44+40.4%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 12, 2024|
    Revenue: $240.10M+17.0%
    |
    EPS: $0.84+2.4%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 9, 2024|
    Revenue: $231.43M+17.1%
    |
    EPS: $0.91+1.1%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 10, 2024|
    Revenue: $222.94M+60.2%
    |
    EPS: $0.77+600.0%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 29, 2024|
    Revenue: $755.98M+7.6%
    |
    EPS: $2.45-29.6%
    Miss
  • Form 10-Q - Q3 2023

    Period End: Sep 30, 2023|Filed: Nov 9, 2023|
    Revenue: $205.14M+13.3%
    |
    EPS: $0.82-8.9%
    Miss