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22.09.25 - 16:03
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Community Financial System Announces Third Quarter 2025 Earnings Conference Call (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (the “Company”) will host a conference call to discuss its financial and operating results for the third quarter ended September 30, 2025.
Event:
Third Quarter 2025 Earnings Conference Call
When:
Tuesday, October 21, 2025 at 11:00 a.m. Eastern Time
Access:
Dial-In (U.S.):
1-833-630-0464
Dial-In (International):
1-412-317-1809
Webcast:
https://app.webinar.net/XMb0LAgjl2p
Dimitar Karaivanov, President and Chief Executive Officer, and Marya Burgio Wlos, Executive Vice President and Chief Financial Officer, will discuss the Company's third quarter results. Management's prepared remarks will last approximately 15 minutes, followed by a question-and-answer session.
The Company's results for the quarter will be released prior to market open on October 21, 2025, and will also be available in the 'News' section of the Company's website at https://communityfinancialsystem.com.
A replay of the webcast will be available on t...
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17.09.25 - 22:21
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Community Financial System, Inc. Appoints John A. Vaccaro as New Independent Director (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (the “Company”) (NYSE: CBU) announced today the appointment of John A. Vaccaro to its Board of Directors (the “Board”) as a new independent director, effective as of October 1, 2025. Mr. Vaccaro is Chairman Emeritus of MML Investors Services, LLC (“MML Investors Services”), a national broker-dealer and registered investment advisor (“RIA”) with over $285 billion in assets under management, and Chairman of MassMutual Private Wealth & Trust, FSB, both subsidiaries of Massachusetts Mutual Life Insurance Company (“Mass Mutual”). He led MassMutual Financial Advisors and served as CEO of MML Investors Services from 2009 until March 2025, when he stepped down as Chief Executive Officer in connection with his upcoming retirement in 2026, where he led a team of over 7,500 financial advisors and 3,000 support staff across more than 1,600 locations nationwide.
Mr. Vaccaro brings to the Board extensive experience in wealth managemen...
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22.07.25 - 12:51
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Community Financial System, Inc. Reports Second Quarter 2025 Results (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (the “Company”) (NYSE: CBU) reported second quarter 2025 results that are included in the attached supplement. This earnings release and attached supplement are also available within the ”News” section of the Company's investor relations website at https://communityfinancialsystem.com/news. A replay of the earnings call webcast will also be available on this site for at least one year.
Second Quarter 2025 Performance Summary
Net income of $51.3 million, or $0.97 per share, increased $0.06 per share from the prior year's second quarter and increased $0.04 per share from the first quarter of 2025
Operating net income1 of $55.4 million, or $1.04 per share, increased $0.09 per share from the prior year's second quarter and increased $0.06 per share from the first quarter of 2025
Total revenues of $199.3 million, a new quarterly record for the Company, increased $15.5 million, or 8.4%, from the prior year's second quarter and increas...
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16.07.25 - 22:36
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Community Financial System, Inc. Announces Increase to Its Quarterly Dividend Resulting in Its 33rd Consecutive Year of Dividend Increases (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on October 10, 2025 to shareholders of record as of September 12, 2025.
The $0.47 cash dividend represents a $0.01, or 2.2%, increase and an annualized yield of 3.33% based on the closing share price of $56.40 on July 15, 2025. President and Chief Executive Officer, Dimitar Karaivanov, commented, “Today's increase reflects the Board of Directors' confidence in our sustainable long-term growth strategy as a diversified financial services company. Our annual dividend increases over the last 33 years are supported by our strong balance sheet and cash flow generation that provide us with flexibility to return cash to our Shareholders while investing in our long-term future.”
About Community Financial System, Inc.
Community Financial System, Inc. is a diversified financial services co...
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25.06.25 - 12:48
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Community Bank Accelerates Greater Lehigh Valley PA Expansion (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Bank, N.A. (“Community Bank”), a subsidiary of Community Financial System, Inc. (NYSE: CBU), announced today it has entered into a Purchase and Assumption Agreement with Santander Bank, N.A. (“Santander Bank”) to acquire seven branch locations in the Allentown, PA area as well as certain branch related loans and deposits. In addition, Community Bank will purchase related wealth management relationships. The transaction is expected to close during the fourth quarter of 2025 subject to customary regulatory approval. All branches will remain open and all employees will be offered continued employment.
The transaction accelerates Community Bank's de novo expansion in the Greater Lehigh Valley and complements its existing commercial and consumer lending presence in the market. The acquisition, together with Community Bank's existing branches in the market and its pending de novo locations, brings Community Bank's total retail locations in the Greater Lehigh...
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29.04.25 - 12:51
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Community Financial System, Inc. Reports First Quarter 2025 Results (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2025 results that are included in the attached supplement. This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://communityfinancialsystem.com/news. An archived webcast of the earnings call will be available on this site for one full year.
First Quarter 2025 Performance Summary
Net income of $49.6 million, or $0.93 per share, increased $0.17 per share from the prior year's first quarter and decreased $0.01 per share from the fourth quarter of 2024
Operating net income1 of $52.1 million, or $0.98 per share, increased $0.16 per share from the prior year's first quarter and decreased $0.02 per share from the fourth quarter of 2024
Total revenues of $196.2 million increased $19.0 million, or 10.7%, from the prior year's first quarter and decreased $0.1 million from the four...
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16.04.25 - 22:33
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Community Financial System, Inc. Announces Quarterly Dividend (Business Wire)
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SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on July 10, 2025 to shareholders of record as of June 13, 2025. The $0.46 cash dividend represents an annualized yield of 3.47% based on the closing share price of $53.08 on April 15, 2025.
About Community Financial System, Inc.
Community Financial System, Inc. is a diversified financial services company that is focused on four main business lines – banking services, employee benefit services, insurance services and wealth management services. Its banking subsidiary, Community Bank, N.A., is among the country's 100 largest banking institutions with over $16 billion in assets and operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The Company's Benefit Plans Administrative Services, Inc. subsidiary is...
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