Community Financial System (CBU) Q2 FY2026 earnings: revenue $220 million, up 9.6% on the year

Community Financial System, Inc. (CBU) reported revenue of $220 million for Q2 FY2026, the quarter ended 30 June 2026, up 9.6% on the same quarter a year earlier. Net income was $61 million, up 19.5% on the year, and diluted earnings per share $1.16. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$220 millionup 9.6%

Net income$61 millionup 19.5%

Diluted EPS$1.16

QuarterQ2 FY2026ended 30 June 2026

The quarter, against the one before and a year earlier

Line	Q2 FY2026	Q1 FY2026	Q2 FY2025	Change on the year
Revenue	220	215	200	+9.6%
Interest expense	45.2	45.3	48.1	-6.1%
Pre-tax income	80.8	74.6	66.0	+22.4%
Income tax	19.5	17.4	14.7	+32.5%
Effective tax rate	24.1%	23.3%	22.3%
Net income	61.3	57.2	51.3	+19.5%
Net margin	27.9%	26.6%	25.6%
Diluted EPS	$1.16	$1.08	$0.97	+19.6%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q2 FY2026	Q1 FY2026	Q2 FY2025	Change on the year
Operating cash flow	51.1	71.6	53.7	-4.9%
Capital expenditure	9.7	11.3	17.3	-44.1%
Free cash flow	41.4	60.3	36.4	+13.7%
Cash from investing	-180	-203	-154	n/a
Cash from financing	-185	402	-181	n/a
Depreciation and amortisation	10.5	9.5	7.0	+49.4%
Share-based compensation	2.8	3.0	2.5	+9.6%
Buybacks	0.6	15.5	0.0	+1242.9%
Dividends paid	24.7	24.8	24.2	+1.9%
Dividend per share	$0.47	$0.47	$0.46	+2.2%
Diluted shares, weighted	53m	53m	53m	-0.2%
Shares outstanding at period end	53m	53m	53m	-0.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q2 FY2026	Q1 FY2026	Q2 FY2025	Change on the year
Shareholders' equity	2,073	2,024	1,883	+10.1%
Deposits	14,710	14,870	13,702	+7.4%
Other liabilities	981	851	1,080	-9.2%
Total liabilities and equity	17,764	17,745	16,665	+6.6%
Fixed assets	250	247	201	+24.4%
Goodwill	901	889	855	+5.4%
Intangible assets	63.0	54.0	43.6	+44.7%
Securities held for sale or to maturity	4,436	4,309	4,263	+4.1%
Loans	11,191	11,041	10,437	+7.2%
Cash and equivalents	258	572	237	+8.8%
Other assets	664	632	628	+5.8%
Total assets	17,764	17,745	16,665	+6.6%

Questions

What was Community Financial System's revenue in Q2 FY2026?

Community Financial System (CBU) reported revenue of $220 million for Q2 FY2026, the quarter ended 30 June 2026, up 9.6% on the same quarter a year earlier.

How much did Community Financial System earn in Q2 FY2026?

Net income for Q2 FY2026 was $61 million, up 19.5% on the year, and diluted earnings per share $1.16.

When did Community Financial System report Q2 FY2026 results?

Community Financial System filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 7 August 2026.

Quarterly results, the last 12 quarters

	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	175	177	179	184	190	197	197	200	208	217	215	220
Interest expense	29.8	37.1	45.7	47.6	51.2	50.0	47.4	48.1	49.1	48.0	45.3	45.2
Pre-tax income	56.0	43.8	53.0	62.1	57.0	64.5	64.3	66.0	73.2	71.9	74.6	80.8
Tax rate	21%	23%	23%	23%	23%	23%	23%	22%	25%	24%	23%	24%
Net income	44.1	33.7	40.9	47.9	43.9	49.8	49.6	51.3	55.1	54.4	57.2	61.3
Net margin	25%	19%	23%	26%	23%	25%	25%	26%	26%	25%	27%	28%
Diluted EPS	$0.82	$0.63	$0.76	$0.91	$0.83	$0.94	$0.93	$0.97	$1.04	$1.03	$1.08	$1.16
Operating cash flow	64.9	44.7	79.9	39.8	56.9	65.7	62.5	53.7	101	84.6	71.6	51.1
Capital expenditure	6.9	4.7	2.6	6.0	4.9	7.2	10.6	17.3	17.7	23.0	11.3	9.7
Free cash flow	57.9	40.0	77.3	33.8	51.9	58.5	52.0	36.4	83.4	61.6	60.3	41.4
Buybacks	5.2	4.4	34.5	11.4	0.0	0.0	0.0	0.0	11.0	0.0	15.5	0.6
Dividends paid	23.6	24.1	24.0	23.8	23.7	24.2	24.3	24.2	24.3	24.7	24.8	24.7
Shares outstanding	53m	53m	53m	53m	53m	53m	53m	53m	53m	53m	53m	53m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-Q for the period ended 30 June 2026, filed 7 August 2026, accession 0001104659-26-092717: the filing on EDGAR. All of Community Financial System, Inc.'s filings: EDGAR company page.

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