---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-081732"
form_type: "8-K"
ticker: "CBU"
cik: "0000723188"
company_name: "COMMUNITY FINANCIAL SYSTEM, INC."
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:18:29.313535+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Community Financial System Q2 net income $47.9M ($0.91 EPS); total revenues record $183.8M

## Summary
- Net income $47.9M ($0.91 diluted EPS) up $0.02 YoY; operating EPS $0.95, down $0.01 YoY.
- Total revenues $183.8M (record) +4.9% YoY; net interest income $109.4M +0.1% YoY.
- Financial services revenues $54.1M (record) +12.1% YoY from benefit, insurance & wealth.
- Loans $10.02B +1.4% QoQ (12th consecutive quarter growth); deposits $13.14B -1.6% QoQ.
- Annualized net charge-offs 0.05%; Tier 1 leverage 9.07% well above 5% well-capitalized standard.

## SEC filing metadata
- accession: 0001104659-24-081732
- form_type: 8-K
- ticker: CBU
- cik: 0000723188
- company_name: COMMUNITY FINANCIAL SYSTEM, INC.
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723188/000110465924081732/0001104659-24-081732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723188/000110465924081732/tm2419946d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-081732
- JSON: https://secwatch.observer/filing/0001104659-24-081732.json
- Plain text: https://secwatch.observer/filing/0001104659-24-081732.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.