Community Bank System, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Dimitar A. Karaivanov
- Full Time Employees
- 2,927
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 333 Butternut Drive Syracuse NY United States of America 13214-2141
- IPO Date
- Nov 26, 1985
- CIK
- 0000723188
- Website
- ir.cfsi.com
- Similar Companies
- Business
- Community Financial System, Inc. operates as a diversified financial services holding company focused on four key business lines: banking services, employee benefit services, insurance services, and wealth management services. Its banking arm, Community Bank, N.A., ranks among the top 100 largest U.S. banks with over $16 billion in assets and approximately 200 branch locations across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The company offers a comprehensive suite of banking products including personal, business, and commercial loans, deposit accounts, home equity loans, and lines of credit. Its Benefit Plans Administrative Services, Inc. subsidiary provides employee benefits administration, trust services, collective investment fund management, and actuarial consulting on a national scale. OneGroup NY, Inc., its insurance services subsidiary, ranks among the top 75 U.S. property/casualty insurance agencies. Wealth management and financial planning services are provided through its Nottingham Financial Group operating unit, which manages and advises on over $12 billion in assets. In 2024, the company changed its corporate name from Community Bank System, Inc. to Community Financial System, Inc. to better reflect its diversified financial services model. In 2025, it completed a significant strategic acquisition of seven branch locations from Santander Bank, N.A. in the Allentown, Pennsylvania area, including related loans, deposits, and wealth management relationships. This acquisition expanded Community Bank, N.A.’s retail footprint in the Greater Lehigh Valley to 12 branches, solidifying its position as a Top 5 market competitor in the region and accelerating its growth strategy beyond its traditional Northeastern U.S. markets. The transaction added approximately $553 million in deposits and $33 million in loans, and is expected to be slightly accretive to earnings. The company also maintains a strong dividend track record, with 33 consecutive years of dividend increases. Community Financial System, Inc. was founded in 1866 and is headquartered in DeWitt, New York. It targets retail and commercial banking customers, employers requiring benefits administration, insurance clients, and high-net-worth individuals seeking wealth management services primarily in the Northeastern United States, with national reach in employee benefit services. The company is publicly traded on the New York Stock Exchange under the ticker symbol CBU. This description encapsulates the company’s comprehensive product offerings, its recent strategic expansion efforts, and its established multi-segment financial services business model.
Company News
7,556,770 Shares in Community Financial System, Inc. $CBU Purchased by BlackRock Inc.
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Bank of America Corp DE Purchases 19,433 Shares of Community Financial System, Inc. $CBU
Community Financial System: Margin Expansion Still Underappreciated By The Market
Dimensional Fund Advisors LP Raises Stake in Community Financial System, Inc. $CBU
Community Financial System, Inc. (CBU) Q2 2026 Earnings Call Transcript
Community Financial System Q2 Earnings Call Highlights
Community Financial (CBU) Reports Q2 Earnings: What Key Metrics Have to Say
Community Financial System (CBU) Q2 Earnings Lag Estimates
Community Financial System, Inc. Reports Second Quarter 2026 Results
Fifth Third Bancorp Has $963,000 Stock Holdings in Community Financial System, Inc. $CBU
Community Financial System (CBU) to Post Earnings on Tuesday
Community Financial System, Inc. Announces Increase to Its Quarterly Dividend Resulting in Its 34th Consecutive Year of Dividend Increases
Community Financial System (CBU) Reports Next Week: Wall Street Expects Earnings Growth
Community Financial System Director Sells 12,190 Shares. What Does This Mean for Investors?
Community Financial System Announces Second Quarter 2026 Earnings Conference Call
All You Need to Know About Community Financial (CBU) Rating Upgrade to Buy
Community Financial System, Inc. Completes Acquisition of ClearPoint Federal Bank & Trust
Community Financial System, Inc. (CBU) Q1 2026 Earnings Call Transcript
Community Financial (CBU) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates