Community Financial System, Inc. (CBU)

Several events impacted CBU's stock in the past six months. The company reported its first-quarter 2025 results on April 29, 2025. Second-quarter 2025 results were released on July 22, 2025, showing an increase in net income and operating net income year-over-year. Community Financial System, Inc. reported strong third-quarter 2025 results on October 21, 2025, with record operating diluted earnings per share of $1.09. Quarterly dividends were announced on October 15, 2025, July 21/22, 2025, and August 1/4, 2025, with increases to $0.47 and $0.46 per share. John A. Vaccaro was appointed as a new independent director on September 17, 2025, and the company announced a strategic investment in Leap Holdings, Inc. on September 8, 2025, to enhance its insurance services business. Following its Q2 earnings release, the company repurchased approximately 206,000 shares. Leading up to October 17, 2025, CBU shares experienced a dip of about 5% over the past month, contributing to a -9.92% year-to-date return and a -9.52% total return over the past year. On October 23, 2025, Keefe, Bruyette & Woods reiterated a "Market Perform" rating for CBU, lowering its price target from $67.00 to $66.00. In August 2025, SVP Jeffrey M. Levy sold 1,440 shares of the company's stock.

Demand for Community Financial System, Inc.'s products and services exhibits some seasonality. The company experiences seasonal municipal flows, which can impact deposit levels. Loan growth in auto lending has been noted to be mostly seasonal. Seasonal factors can affect non-banking financial services, including employee benefits, insurance, and wealth management businesses, with the fourth quarter generally expected to be stronger for employee benefit services.

Community Financial System, Inc. (CBU) is a diversified financial services company based in DeWitt, New York, operating primarily through Community Bank, N.A., and other subsidiaries. It operates in the Financials sector, specifically the Regional Banks industry, offering banking, employee benefit, insurance, and wealth management services. Its banking services include various types of accounts and loans, while employee benefit services cover administration, trust services, and consulting. Insurance services are provided through OneGroup NY, Inc., offering personal and commercial lines. Wealth management services include financial planning, investment management, and fiduciary services.

Community Financial System, Inc. operates over 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. Its employee benefit services are provided to customers on a national scale.

In the past year, Community Financial System, Inc. has received several recognitions. Its employee benefit services business, BPIS, was recognized as one of the top 5 recordkeepers nationwide by the National Association of Plan Advisors. OneGroup, the company's insurance services business, was ranked as the 68th largest property and casualty broker in the country by the Insurance Journal and is the third-largest bank-owned broker. Nottingham Advisors, part of its Wealth Management services, was recognized as a 5-star Wealth management team by investment teams. Community Bank was ranked among the top 20 banks in S&P Global's inaugural deposit rankings. The company also received the United Way of Central New York's Community Champion Award, acknowledging its culture and values. No specific negative events impacting Community Financial System, Inc.'s brand reputation in the past year were found in the search results.

Community Financial System, Inc. is owned by 74.20% institutional shareholders, 10.98% insiders, and 14.82% retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Neuberger Berman Group LLC, State Street Corp, iShares Core S&P Small-Cap ETF (IJR), Morgan Stanley, Dimensional Fund Advisors Lp, Geode Capital Management, Llc, Federated Hermes, Inc., Northern Trust Corp, and Charles Schwab Investment Management Inc. The largest individual shareholder is Saul Kaplan, owning 1.05 million shares, representing 1.98% of the company.