10-Q quarterly report · filed May 8, 2026

COMMUNITY FINANCIAL SYSTEM, INC. (CBU) Q1 2026 10-Q Quarterly Report

Short answer

COMMUNITY FINANCIAL SYSTEM, INC. (CBU) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $213M (up 8.7% year over year) with net income of $57M.

Q1 2026 key financials · XBRL

Revenue
$213M
+8.7% YoY
Net income
$57M
+15.3% YoY
EPS (diluted)
$1.08
+16.1% YoY

Source: XBRL data from the COMMUNITY FINANCIAL SYSTEM, INC. (CBU) Q1 2026 10-Q on SEC EDGAR. USD.

COMMUNITY FINANCIAL SYSTEM, INC. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $57.2M, up $7.6M or 15.3% YoY
  • Net interest margin 3.43% vs 3.21% YoY
  • Banking noninterest revenue $21.7M, up $2.7M or 14.2%; insurance revenue down $1.6M
  • Net interest income $134.7M, up $14.5M or 12.1% YoY
  • Provision for credit losses $5.6M, down $1.1M or 15.8% YoY, amid improved asset quality

Risk Factors

  • No material changes from the December 31, 2025 Form 10-K risk disclosures
  • Regulatory risk carried forward: compliance with securities and banking laws governing repurchases
  • Market risk carried forward: repurchase timing and volume depend on market conditions
  • Financial risk carried forward: stock repurchase authorization covers up to 2,633,000 shares or 5.0% outstanding

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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