{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-085628","form_type":"8-K","ticker":"CBU","cik":"0000723188","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.503736+00:00","generated_at":"2026-06-12T22:29:39.367006+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Community Bank System Q2 net income $48.3M ($0.89 EPS); dividend raised to $0.45","bullets":["GAAP EPS $0.89, up from $0.73 a year ago; operating EPS $0.91 (non-GAAP), up $0.06 YoY.","Total loans $9.17B, up 2.1% from prior quarter; net interest margin 3.18%, up 29 bps YoY.","Noninterest revenues $66.0M, up 2.9% YoY; insurance services revenue up 21.3%.","Quarterly dividend raised to $0.45/share (2.3% increase), 31st consecutive annual increase.","Tier 1 leverage ratio 9.35%; annualized net charge-offs only 0.03%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-085628","json":"https://secwatch.observer/filing/0001104659-23-085628.json","markdown":"https://secwatch.observer/filing/0001104659-23-085628.md","text":"https://secwatch.observer/filing/0001104659-23-085628.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723188/000110465923085628/0001104659-23-085628-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723188/000110465923085628/tm2316704d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:29:39.367006+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"64e96332f6b73b16bde87ec3dd1142e2360aca60","claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported the quarter ended June 30, 2023 results: revenue $175.3 million, net income $48.3 million, EPS $0.89 per fully-diluted share.","evidence_excerpt":"businesses contributed $48.3 million in revenues in the second quarter, which represents 73.2% of total noninterest revenues of $66.0 million and 27.5% of total revenues of $175.3 million. Asset quality remained strong as annualized net charge-offs were only three basis points in the quarter. Total operating expenses, which excludes acquisition-related expenses,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923085628/0001104659-23-085628-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$175.3 million"},{"label":"Net income","value":"$48.3 million"},{"label":"EPS","value":"$0.89 per fully-diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}