Welcome to our dedicated page for Community Financial System SEC filings (Ticker: CBU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Community Financial System, Inc. (NYSE: CBU) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, with AI-powered tools to help interpret the information. As a diversified financial services company focused on banking, employee benefit services, insurance services and wealth management services, Community Financial System, Inc. uses SEC filings to report material events, financial results, governance changes and capital actions.
Investors can review current reports on Form 8‑K, where the company discloses items such as quarterly and annual results of operations, acquisitions of bank branches, planned mergers involving subsidiaries, minority investments, stock repurchase authorizations, executive succession arrangements and board appointments. These filings often incorporate or reference press releases and investor presentations that provide additional context on strategy and performance.
On this page, users can also access annual reports on Form 10‑K and quarterly reports on Form 10‑Q when available, which typically contain detailed discussions of Community Financial System, Inc.’s business lines, risk factors and financial statements. For a financial services company with banking, employee benefit, insurance and wealth management operations, these periodic reports are central to understanding revenue sources, segment performance and risk management.
Stock Titan enhances these documents with AI-generated summaries that highlight key points, explain complex sections in plain language and help identify notable changes from prior periods. The platform also surfaces insider transaction filings on Form 4, where applicable, so users can track reported purchases and sales of CBU securities by directors and officers. Real-time updates from EDGAR ensure that new filings, including 10‑K, 10‑Q, 8‑K and Form 4 submissions, appear promptly, allowing investors to follow Community Financial System, Inc.’s regulatory disclosure record in one place.
COMMUNITY FINANCIAL SYSTEM, INC. director Sally A. Steele reported a routine equity compensation event involving phantom stock units tied to common shares.
On April 29, 2026, her phantom stock units were settled for 9 shares of common stock, while 0.4418 shares were settled in cash at $63.17 per share. This reflects the exercise and conversion of deferred stock units granted under the company’s 2022 Long-Term Incentive Plan.
Following these transactions, Steele directly holds 41,227 shares of common stock and 1,230.7635 phantom stock units, and indirectly holds 4,585 shares jointly with her brother. These phantom units are economically equivalent to common shares and are designed to be settled in stock at predetermined dates, aligning director compensation with shareholder value.
Pecor Raymond C III reported acquisition or exercise transactions in this Form 4 filing.
Community Financial System, Inc. director Raymond C. Pecor III reported routine compensation-related activity involving phantom stock units. On April 29, 2026, his phantom stock units were settled for 9 shares of common stock, with 0.4418 of a share settled in cash at $63.17 per share. Following the settlement, he directly holds 11,448.221 common shares and has 7,180.8232 phantom stock units outstanding, while a trust associated with him holds 11,277.977 common shares. He formally disclaims beneficial ownership of the trust-held securities.
Parente John reported acquisition or exercise transactions in this Form 4 filing.
COMMUNITY FINANCIAL SYSTEM, INC. director John Parente reported routine equity compensation activity involving phantom stock units tied to common stock. On April 29, 2026, 9 phantom stock units were settled into 9 shares of common stock, with a fractional .4418 unit settled in cash at $63.17 per share, as described in the footnotes.
Following this settlement, Parente directly held 72,654.3212 shares of common stock. The filing also lists 10,000 common shares in each of three separate trusts for his children, but the footnotes state he has no investment discretion, voting power, or pecuniary interest in those trust shares and disclaims beneficial ownership.
COMMUNITY FINANCIAL SYSTEM, INC. director Jeffery J. Knauss reported a routine compensation-related transaction involving phantom stock units converting into common shares. On April 29, 2026, 9 phantom stock units were settled for 9 shares of common stock, with an additional 0.4418 share equivalent settled in cash at $63.17 per share. Following the transaction, Knauss directly holds about 4,829.4908 shares of common stock and 1,220 phantom stock (deferred stock) units, which are granted under the company’s 2022 Long-Term Incentive Plan and are economically equivalent to common shares until settlement.
Community Financial System Inc reported that Vanguard Capital Management beneficially owns 2,773,406 shares of Common Stock, representing 5.27% of the class. The filing states Vanguard has sole dispositive power over 2,773,406 shares and sole voting power over 399,267 shares.
The Schedule 13G lists Vanguard affiliates and notes holdings include shares held for Vanguard funds and managed accounts. The filing is signed by Ashley Grim, Head of Global Fund Administration.
Vanguard Portfolio Management reported beneficial ownership of 3,551,884 shares of Community Financial System Inc. The filing states this equals 6.76% of the class and that Vanguard Portfolio Management has sole dispositive power over 3,551,884 shares and sole voting power over 26,124 shares. The filing explains these holdings reflect securities managed by Vanguard Portfolio Management LLC and affiliated business divisions on behalf of funds and clients.
Community Financial System, Inc. reported strong first quarter 2026 results, with net income of $57.2 million and diluted earnings per share of $1.08, up from $0.93 a year earlier and $1.03 in the prior quarter. The company generated total revenues of $213.3 million, compared with $196.2 million in first quarter 2025, as record quarterly net interest income and organic loan growth supported continued net interest margin expansion.
Net interest income rose to $134.7 million, while net interest margin improved to 3.43%, up from 3.21% a year earlier. Noninterest revenues contributed 36.8% of total revenues. Total ending loans reached $11.1 billion and total ending deposits were $14.9 billion, both higher than a year ago.
Asset quality remained solid, with nonperforming loans at 0.48% of loans and net charge-offs at 0.11% of average loans. The Tier 1 leverage ratio was 9.20%, and the quarterly dividend was $0.47 per share. The company also highlighted its pending all-cash ~$40 million acquisition of ClearPoint Federal Bank & Trust, which has over $1.5 billion of assets under management and a 3-year revenue CAGR of 9.7%.
Community Financial System, Inc. is soliciting shareholder votes for its virtual 2026 annual meeting, to be held on May 20, 2026, with 52,537,729 common shares entitled to vote. Shareholders will vote on electing 12 directors, an advisory say-on-pay resolution, and ratifying the independent auditor, all recommended “FOR” by the Board.
For 2025, the Company delivered total revenues of $818.0 million, net income of $210.5 million, and diluted EPS of $3.97, reflecting solid year-over-year growth. It opened 15 new branches, acquired seven Santander Bank branches, and agreed to acquire ClearPoint Federal Bank & Trust to expand wealth management. The proxy also highlights strong governance practices, extensive community and environmental initiatives, and pay-for-performance executive compensation aligned with long-term shareholder value.
Community Financial System Inc reports a Schedule 13G/A amendment showing The Vanguard Group holds 0 shares (0%) of Common Stock following an internal realignment. The amendment explains that, effective January 12, 2026, Vanguard disaggregated certain subsidiaries and will report holdings separately. The filing is signed by Ashley Grim, Head of Global Fund Administration, dated March 26, 2026.