Matthew Breese

David Konrad

Manuel Navis

Steve Moss

Christopher O'Connell

Stephen Moss

Frank Schiraldi

Sharanjit Cheema

Manuel Navas

Sharon Gee

- Community Financial System, Inc. (CBU) reported strong Q3 2025 results, with **record operating earnings per share of $1.09**, a **23.9% increase** year-over-year, and **total operating revenues of $206.8 million**, up **9.4%** from the prior year.  **[0000723188_2193613_1]** **[0000723188_2193613_2]** 
- The company highlighted diversified revenue growth, with pre-tax tangible returns for the quarter at **63%** for insurance services and **62%** for employee benefit services, and has deployed approximately **$100 million** in cash capital for strategic transactions year-to-date.  **[0000723188_2193613_1]** 
- Strategic initiatives include the upcoming acquisition of **seven Santander branches** in the Lehigh Valley market and a minority investment in **Leap Holdings Inc.** to enhance its insurance services business.  **[0000723188_2193613_4]** 
- CBU's balance sheet remains robust, with ending loans increasing **4.9%** and total deposits growing **4.3%** year-over-year, alongside a strong Tier-one leverage ratio of **9.46%** and stable asset quality metrics.  **[0000723188_2193613_3]** 
- The company maintains its **4% to 5% loan growth guidance** for the year and anticipates continued net interest margin expansion in Q4 2025.  **[0000723188_2193613_9]**

Community Financial System Reports Record Q3 2025 Operating EPS and Strategic Investments

- Community Financial Systems, Inc. (CBU) reported **record operating earnings per share of $1.09** in Q3 2025, a **23.9% increase** year-over-year, driven by **record total operating revenues of $206.8 million**.  **[0000723188_2193646_1]** **[0000723188_2193646_2]** 
- The company demonstrated strong financial health with **net interest income of $128.2 million**, a **15.07% improvement** year-over-year, and a **net interest margin of 3.33%**.  **[0000723188_2193646_2]** 
- CBU saw significant balance sheet growth, with ending loans increasing by **4.9%** year-over-year and total deposits growing by **4.3%** year-over-year, while maintaining a strong Tier one leverage ratio of **9.46%**.  **[0000723188_2193646_3]** 
- Strategic capital deployment included approximately **$100 million** in cash capital for transactions aligning with strategic priorities and the buyback of approximately **206,000 shares**.  **[0000723188_2193646_1]** 
- Looking ahead, CBU anticipates closing the acquisition of **seven Santander branches** on November 7 and made a minority investment in **Leap Holdings, Inc.**, expecting continued loan growth of **4% to 5%** for the year.  **[0000723188_2193646_4]** **[0000723188_2193646_7]**

Community Financial Systems, Inc. Announces Record Q3 2025 Operating Earnings and Revenue Growth

- Community Financial System, Inc. reported **third quarter 2025 net income of $55.1 million**, or **$1.04 per share**, and **operating net income of $58.1 million**, or **$1.09 per share**, marking a second consecutive quarter of record operating diluted earnings per share.  **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:1]** **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:13]** 
- Total revenues for Q3 2025 reached **$207.1 million**, an increase of **9.6%** compared to Q3 2024, with net interest income growing **13.7%** to **$128.2 million** and net interest margin expanding to **3.30%** (GAAP).  **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:1]** **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:2]** **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:4]** 
- The company made a **$37.4 million minority investment** in **Leap Holdings, Inc.**, a tech-first managing general agent providing insurance solutions for the rental housing sector, to complement its existing insurance services business.  **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:1]** **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:10]** 
- Community Bank, N.A. is acquiring **seven branch locations** in Allentown, Pennsylvania, from Santander Bank, N.A., which is expected to add approximately **$600 million of customer deposits** and is anticipated to close on November 7, 2025.  **[723188_0001104659-25-101075_tm2529135d1_ex99-1.htm:10]**

Community Financial System, Inc. Reports Record Q3 2025 Operating EPS and Strategic Investments

- **Community Financial System Inc (CBU)** reported strong **third-quarter 2025** earnings, with a **23.9%** year-over-year increase in operating earnings per share and **record net interest income growth of 13.7%**.  **[723188_891bab31f3f348c7b9e0f798d41a7fca]** 
- The company made **strategic investments totaling $100 million** in facilities, talent, and technology, and a minority investment in LEAP Holdings aimed at expanding insurance services.  **[723188_891bab31f3f348c7b9e0f798d41a7fca]** 
- CBU maintained robust liquidity with **$6.2 billion** readily available but recorded a **$5.6 million provision for credit losses**, reflecting some credit quality concerns, and its allowance for credit losses increased by **$3.1 million**.  **[723188_891bab31f3f348c7b9e0f798d41a7fca]** 
- Noninterest expenses increased by **$4.1 million** or **3.3%** year-over-year, and the effective tax rate rose to **24.7%** from **23%** in the prior year's third quarter.  **[723188_891bab31f3f348c7b9e0f798d41a7fca]**

COMMUNITY FINANCIAL SYSTEM (CBU)