CBU at a glance
COMMUNITY FINANCIAL SYSTEM, INC. (CBU, SEC CIK 723188) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 21, 2026 and Form 4 insider filings as recently as September 18, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), COMMUNITY FINANCIAL SYSTEM, INC. (CBU) reported revenue of $818.0 million (up 9.6% from FY2024) and net income of $210.5 million. Diluted EPS was $3.97.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding COMMUNITY FINANCIAL SYSTEM, INC. (CBU) shares worth $1.8 billion in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by Singh Savneet on September 9, 2026 of 400 shares at $62.47 per share.
- In the last 90 days, CBU insiders reported 3 open-market purchases ($75K) and 0 open-market sales ($0) on Form 4, a net purchase of $75K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $818.0M
- +9.6% vs prior year
- Insiders · 90 days
- 3 buys · 0 sells
- Net +$75K
- 13F holders
- 31 funds
- $1.8B · −1 vs prior quarter
- Latest 8-K
- Aug 21, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Financial services and community banking operations
- No new products, services, or business segments introduced in FY 2026
- Emphasis on compliance through adoption of Insider Trading Policy aligned with NYSE standards
- Policy details filed as Exhibit 19.1 to the 10-K, highlighting corporate governance focus
- Relevant disclosures and executive compensation information incorporated by reference to 2026 Proxy Statement
Risk Factors
- Regulatory risk from significant loss on sales of investment securities $52.3M in 2023 impacting GAAP results
- Macroeconomic exposure to rising interest rates with net interest margin improved to 3.31% (non-GAAP) in 2025 vs 3.07% in 2024
- Operational risk from acquisition expenses increasing to $3.7M in 2025 vs $0.2M in 2024 affecting operating income
- Competitive risk from efficiency ratio improvement to 61.2% (non-GAAP) in 2025 but still behind top-tier peers targeting sub-55%
- Financial risk from modest tangible equity-to-assets ratio at 6.75% in 2025 indicating limited capital buffer for asset growth
Management Discussion & Analysis
- Revenue $818.0 million in 2025, up 6.6% YoY from $767.4 million in 2024, driven by net interest income up 12.8% to $506.6M and noninterest revenues up 4.8% to $311.5M
- Operating margin improved: net interest margin 3.29% vs 3.04% in 2024; operating net income $225.1M, up 16.1%, with operating EPS $4.24, up 16.2% YoY
- Best segment: Banking and Corporate with $57.4M net interest income increase (12.9% rise); worst segment not explicitly disclosed but Insurance Services smaller with fewer employees/assets
- Cash flow and capital: $3.7M acquisition expenses for branch purchases, $1.5M restructuring expenses; no explicit buyback/dividend/capex numbers disclosed
- Outlook: Management anticipates continued loan growth and diversified revenue streams; economic uncertainty led to increased allowance for credit losses by $10.0M; downside scenario could further increase allowance by $3.8M impacting net income by $2.8M
AI summary of the CBU 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $223.2M, up 12.2% YoY, combining net interest income $139.1M and noninterest revenue $84.0M
- Net income $61.3M, up 19.5% YoY; effective tax rate 24.1% vs 22.3%
- Best line employee benefit services, revenue up $2.5M; insurance services worst, revenue down $0.2M
- Net interest margin 3.46% vs 3.27% YoY; fully tax-equivalent margin 3.49% vs 3.30%
- Outlook: asset quality remained solid; downside scenario would increase ACL and provision approximately $4.5M
Risk Factors
- No material risk-factor changes from December 31, 2025 Form 10-K
- Regulatory risk unchanged, with continued exposure to securities and banking-law compliance
- Market risk unchanged, including sensitivity to market conditions affecting repurchases
- Capital-allocation risk: program authorizes repurchases of 2,633,000 shares, or 5.0% of outstanding stock
- Liquidity and debt-maturity risks not updated in the 10-Q risk-factor disclosure
AI summary of the CBU 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Investor presentation posted August 21, 2026 for upcoming investor and analyst meetings
- Presentation available on CFSI’s Events & Presentations investor-relations webpage
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 covers Community Financial System’s fiscal-year 2026 results
- Press release dated July 28, 2026 contains the substantive financial results
Item EX-99.1: Item EX-99.1
- Q2 net income $61.3M, or $1.16 per share, up 19.6% year over year
- Operating diluted EPS $1.16, up 11.5% year over year and marking five consecutive quarterly records
Item 8.01: Other Events
- Community Bank completed ClearPoint acquisition on June 1, 2026
- ClearPoint serves the approximately $20 billion death care industry
AI summaries of CBU 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CBU
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Sullivan Michele | A | Sep 17, 2026 | 396.288 | $62.77 |
| Vaccaro John A | A | Sep 17, 2026 | 346.503 | $62.77 |
| Singh Savneet | Buy | Sep 9, 2026 | 400 | $62.47 |
| Vaccaro John A | Buy | Aug 27, 2026 | 317 | $63.11 |
| Hall Brenda M | Buy | Aug 24, 2026 | 476 | $63.59 |
| Bolus Mark J. | Sell | Jun 25, 2026 | 12,190.833 | $67.00 |
| Sullivan Michele | A | Jun 18, 2026 | 406.189 | $61.24 |
| Vaccaro John A | A | Jun 18, 2026 | 320.461 | $61.24 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $652.1M | $746.3M | $818.0M |
| Net Income | $131.9M | $182.5M | $210.5M |
| Net Margin | 20.2% | 24.5% | 25.7% |
| Balance Sheet | |||
| Total Assets | $15.6B | $16.4B | $17.3B |
| Equity | $1.7B | $1.8B | $2.0B |
| ROE | 7.8% | 10.4% | 10.5% |
| Per Share | |||
| EPS | - | $3.44 | $3.97 |
| Cash Flow | |||
| Operating CF | $228.4M | $242.3M | $301.9M |
| CapEx | $18.6M | $20.7M | $68.5M |
Source: XBRL data in COMMUNITY FINANCIAL SYSTEM, INC. (CBU)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate CBU share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $1.81B |
| Q1 2026 | 32 | $1.57B |
| Q4 2025 | 27 | $1.47B |
| Q3 2025 | 29 | $1.49B |
| Q2 2025 | 30 | $1.40B |
| Q1 2025 | 27 | $972.1M |
| Q4 2024 | 22 | $868.4M |
| Q3 2024 | 21 | $414.6M |
- FMR LLC (Fidelity)+651.7K (+22%)
- State Street Corp+163.3K (+5%)
- Two Sigma Investments+95.3K (+99%)
- BlackRock+42.9K (+1%)
- AQR Capital Management+39.7K (+155%)
- Bank of America Corp−351.8K (-59%)
- Goldman Sachs Group−321.0K (-61%)
- Morgan Stanley−178.8K (-10%)
- Vanguard Capital Management LLC−9.5K (-0%)
- JPMorgan Chase & Co−6.8K (-6%)
- Millennium Management−16.0K
- Mangrove Partners−14.4K
Source: 13F-HR filings on SEC EDGAR (aggregated from 219 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CBU filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 10, 2026 | - | - | - |
| 4 | Aug 28, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 8-K | Aug 21, 2026 | - | Analysis | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 18, 2026 | - | - | - |
| 4 | Jun 18, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 10, 2026 | - | - | |
| 8-K | Jun 1, 2026 | - | Analysis | |
| 8-K | May 22, 2026 | - | Analysis | |
| 8-K | May 13, 2026 | - | Analysis | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| SC 13G | May 6, 2026 | - | - | |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 1, 2026 | - | - | - |
| 4 | May 1, 2026 | - | - | - |
| 4 | May 1, 2026 | - | - | - |
| 4 | May 1, 2026 | - | - | - |
| SC 13G | Apr 29, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - |
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CBU SEC filings: frequently asked questions
Are CBU insiders buying or selling?
In the last 90 days, COMMUNITY FINANCIAL SYSTEM, INC. (CBU) officers, directors and 10% owners reported 3 open-market purchases worth $75,265 by 3 insiders and no open-market sales on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold CBU stock?
As of June 30, 2026, the largest COMMUNITY FINANCIAL SYSTEM, INC. (CBU) holders among the 13F filers tracked by SignalX were BlackRock ($507.2 million), FMR LLC (Fidelity) ($246.9 million), Vanguard Portfolio Management LLC ($238.2 million), State Street Corp ($223.9 million), Vanguard Capital Management LLC ($158.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CBU's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), COMMUNITY FINANCIAL SYSTEM, INC. (CBU) reported revenue of $818.0 million (up 9.6% from FY2024) and net income of $210.5 million. Diluted EPS was $3.97. The figures come from the XBRL data in the 10-K.
What are the main risks in CBU's latest 10-K?
In the 10-K filed February 27, 2026, COMMUNITY FINANCIAL SYSTEM, INC. (CBU) flagged: Regulatory risk from significant loss on sales of investment securities $52.3M in 2023 impacting GAAP results. Macroeconomic exposure to rising interest rates with net interest margin improved to 3.31% (non-GAAP) in 2025 vs 3.07% in 2024. (AI summary of the Risk Factors section.)
What did CBU report in its latest 8-K?
COMMUNITY FINANCIAL SYSTEM, INC. (CBU) filed an 8-K on August 21, 2026 reporting Item 7.01 (Regulation FD Disclosure). Investor presentation posted August 21, 2026 for upcoming investor and analyst meetings.
What are the latest CBU SEC filings?
COMMUNITY FINANCIAL SYSTEM, INC. (CBU) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 21, 2026 and a Form 4 insider filing on September 18, 2026.
What is CBU's SEC CIK number?
COMMUNITY FINANCIAL SYSTEM, INC. (CBU)'s SEC Central Index Key (CIK) is 723188. EDGAR lists every CBU filing under that number.
Ask anything about CBU
The research agent reads CBU's filings, financials, insider trades and 13F holders, then answers with sources.