COMMUNITY FINANCIAL SYSTEM INC (CBU)
Financials · Regional diversified financial services holding company · NYSE
A diversified regional financial services holding company providing community banking, employee benefit plan administration, institutional trust services, and wealth management across the Northeast.
What COMMUNITY FINANCIAL SYSTEM INC does
Community Financial System, Inc. is a diversified financial holding company that operates Community Bank, N.A. (CBNA), a community bank with 192 branches and 8 drive-thru locations across Upstate New York, Northeastern Pennsylvania, Vermont, Western Massachusetts, and Southern New Hampshire. Through its subsidiary Benefit Plans Administrative Services, Inc. (BPAS) and related companies, it provides defined contribution plan administration, retirement plan services, actuarial consulting, institutional trust services, collective investment fund administration, and institutional transfer agency services. The company also operates insurance and wealth management services through subsidiary companies including OneGroup (full-service insurance agency) and Nottingham-affiliated entities providing investment advisory and broker-dealer services.
Themes: ["Community banking / retail and commercial banking","Employee benefit plan administration","Pension and retirement services","Institutional trust and fiduciary services","Insurance and risk management","Wealth management and investment advisory"]
Fundamentals
- Price$66.29 as of 2026-07-09 close
- Market cap$3.5B as of 2026-07-10
- 1-year return+11.2% as of 2026-07-09 close
- P/E15.93 as of 2026-07-10
- Net margin+23.2% as of 2026-07-10
- ROE+11.1% as of 2026-07-10
- Debt / equity0.10 as of 2026-07-10
- Revenue growth (YoY)+24.0% as of 2026-07-10
- Revenue CAGR (3y)+6.4% SEC XBRL
- Beta0.80 as of 2026-07-10
Dividend: yield +2.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Credit risk management complexity: The allowance for credit losses involves significant subjective estimation using qualitative adjustments for portfolio risk characteristics, macroeconomic variables, and management judgment in weighting economic scenarios, which could result in material differences from actual outcomes.","Integration and acquisition execution risk: Recent acquisitions of bank branches (7 Santander branches in 2025) and financial services companies require successful integration of operations, technology, and customer bases to realize expected value and synergies.","Geographic concentration and interest rate sensitivity: The company operates primarily in Upstate New York, Northeastern Pennsylvania, and New England, concentrating exposure to regional economic conditions, and as a bank faces interest rate risk from changes in loan and deposit pricing."]
Competitors & peers
- M&T Bank Corporation (MTB)
- Berkshire Bank
- Northmark Bancorp (NMRK)
- Trustco Bank Corp NY (TRST)
- Sterling Bancorp (SBT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.