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.
Community Financial System, Inc. filings document a diversified financial services company with banking, employee benefit services, insurance services and wealth management services operations. Its Form 8-K reports furnish operating results, Regulation FD investor presentations, director appointments, bank leadership changes and capital actions, including stock repurchase authorization disclosures.
Proxy materials cover annual meeting procedures, shareholder voting matters, board governance, executive compensation and performance discussion across the company's four business lines. The filing record also identifies Community Bank, N.A. and other operating units as recurring subjects in disclosures about business strategy, governance and capital structure for CBU common stock.
Sullivan Michele reported acquisition or exercise transactions in this Form 4 filing.
Community Financial System, Inc. director Michele Sullivan reported a compensation-related grant of deferred stock units. On June 18, 2026, she received 406.1888 units of Deferred Stock (Deferred Compensation) at a reference price of $61.24 per unit, each economically equivalent to one share of common stock. A separate line reflects 3,973.0866 phantom stock units outstanding, also tied one-for-one to common shares and to be settled in stock at predetermined future dates. Footnotes note additional small phantom stock units credited as dividend equivalents under the company’s long-term incentive and director deferred compensation plans.
Vaccaro John A reported acquisition or exercise transactions in this Form 4 filing.
COMMUNITY FINANCIAL SYSTEM, INC. director John A. Vaccaro received a grant of deferred stock tied to his compensation. He was awarded 320.4605 units of deferred stock, economically equivalent to the same number of common shares, at a reference price of $61.24 per unit. Following this award, his deferred stock balance is 635.1521 units, which will be settled in common stock at future dates he selects under the Deferred Compensation Plan for Directors.
Community Financial System, Inc. senior vice president and chief accounting officer Deresa Fischer reported routine equity compensation activity. She exercised stock options covering 1,623 shares of common stock at exercise prices of $44.27 and $51.64 per share, and 1,326 shares were disposed of to cover tax obligations at $64.77 per share. Following these transactions, she directly holds 5,477.604 common shares, with additional indirect holdings through a spouse and a 401(k) plan.
Community Financial System, Inc. director Eric Stickels reported an open-market sale of 2,000 shares of common stock at a weighted average price of $63.9811 per share on June 8, 2026, with individual trade prices ranging from $63.72 to $64.17.
Following the sale, he holds 31,592 common shares directly and 15,513.1018 shares indirectly through his wife's Community Financial System, Inc. 401(k). He also holds 5,264.7558 phantom stock units under the 2022 Long-Term Incentive Plan, including 30.2137 units acquired on April 10, 2026 via dividend reinvestment.
Community Financial System, Inc. has completed its all-cash $39 million acquisition of ClearPoint Federal Bank & Trust through its subsidiary Community Bank, N.A. ClearPoint administers trusts for the approximately $20 billion death care industry, with over $1.5 billion in assets under management and a three-year revenue compound annual growth rate of 9.7%.
The business will operate as ClearPoint Trust, a division of Community Bank, and will be folded into Nottingham Financial Group, the Company’s wealth management arm. Management describes the deal as aligned with a strategy of growing durable, recurring fee income from specialized trust and wealth services.
Community Financial System, Inc. reported the results of its virtual Annual Shareholders Meeting held on May 20, 2026. Shareholders elected 12 directors to one-year terms, with each nominee receiving approximately 38.7 million to 40.3 million votes in favor and over 5.0 million broker non-votes.
Shareholders also approved, on a non-binding advisory basis, the Company’s executive compensation programs, with 39,052,791 votes for, 1,367,203 against, and 197,287 abstentions, plus 5,090,737 broker non-votes. In addition, shareholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026, with 45,216,738 votes for, 457,737 against, and 33,543 abstentions.
Community Financial System, Inc. filed a current report stating it has posted a new investor presentation on its website for upcoming meetings with investors and analysts. The presentation is available on the Events & Presentations page of the company’s investor relations site, offering updated information about the business.
Community Financial System, Inc. reported stronger results for the quarter ended March 31, 2026, with net income of $57.2 million and diluted EPS of $1.08, up from $49.6 million and $0.93 a year earlier. Net interest income rose to $134.7 million as loan balances grew to $11.1 billion, while the provision for credit losses decreased slightly. Total assets reached $17.7 billion and deposits increased to $14.9 billion, reflecting balance‑sheet expansion. The allowance for credit losses increased to $90.2 million, supported by stable credit quality metrics. The company also highlighted ongoing integration of recent acquisitions and a pending cash acquisition of ClearPoint Federal Bank & Trust to expand wealth management services.