Short answer
COMMUNITY FINANCIAL SYSTEM, INC. (CBU) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $223M (up 12.0% year over year) with net income of $61M.
Q2 2026 key financials · XBRL
- Revenue
- $223M
- +12.0% YoY · +4.6% QoQ
- Net income
- $61M
- +19.5% YoY · +7.2% QoQ
- EPS (diluted)
- $1.16
- +19.6% YoY · +7.4% QoQ
Source: XBRL data from the COMMUNITY FINANCIAL SYSTEM, INC. (CBU) Q2 2026 10-Q on SEC EDGAR. USD.
COMMUNITY FINANCIAL SYSTEM, INC. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
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
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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