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BlackRock Inc. bought a new position in Community Financial System, Inc. (NYSE:CBU – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 7,556,770 shares of the bank’s stock, valued at approximately $507,210,000. BlackRock Inc. owned about 14.38% of Community Financial System as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of CBU. Deutsche Bank AG bought a new stake in shares of Community Financial System in the second quarter worth approximately $3,796,000. Trust Co. of Vermont bought a new position in Community Financial System during the second quarter valued at approximately $718,000. Bank of New York Mellon Corp bought a new position in Community Financial System during the second quarter valued at approximately $36,523,000. GSA Capital Partners LLP purchased a new stake in Community Financial System in the second quarter worth approximately $300,000. Finally, Ausbil Investment Management Ltd grew its position in Community Financial System by 79.3% in the 2nd quarter. Ausbil Investment Management Ltd now owns 41,188 shares of the bank’s stock worth $2,819,000 after purchasing an additional 18,215 shares during the period. Institutional investors own 73.79% of the company’s stock.

Community Financial System Trading Down 0.8% Shares of Community Financial System stock opened at $63.06 on Tuesday. Community Financial System, Inc. has a 1-year low of $53.46 and a 1-year high of $71.11. The company’s fifty day simple moving average is $65.86 and its 200-day simple moving average is $63.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $3.32 billion, a PE ratio of 14.63 and a beta of 0.78.

Community Financial System (NYSE:CBU – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The bank reported $1.16 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.02). Community Financial System had a return on equity of 11.47% and a net margin of 21.79%.The company had revenue of $218.45 million during the quarter, compared to analysts’ expectations of $221.77 million. During the same quarter last year, the company earned $1.04 earnings per share. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities analysts anticipate that Community Financial System, Inc. will post 4.58 earnings per share for the current year. Community Financial System Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.49 per share. This is a boost from Community Financial System’s previous quarterly dividend of $0.47. This represents a $1.96 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Community Financial System’s dividend payout ratio is presently 45.48%.

Insider Transactions at Community Financial System In other Community Financial System news, Director Eric Stickels sold 2,000 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $63.98, for a total value of $127,960.00. Following the completion of the sale, the director owned 31,592 shares in the company, valued at $2,021,256.16. This represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Mark J. Bolus sold 12,191 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $67.00, for a total value of $816,797.00. Following the completion of the transaction, the director directly owned 94,060 shares in the company, valued at $6,302,020. This trade represents a 11.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.15% of the company’s stock.

Wall Street Analyst Weigh In CBU has been the topic of several research analyst reports. Keefe, Bruyette & Woods lowered their price target on Community Financial System from $70.00 to $68.00 and set a “market perform” rating on the stock in a report on Thursday, July 30th. Wall Street Zen raised Community Financial System from a “sell” rating to a “hold” rating in a report on Monday, August 10th. Raymond James Financial reissued a “strong-buy” rating and issued a $75.00 target price on shares of Community Financial System in a report on Thursday, April 30th. Weiss Ratings upgraded Community Financial System from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 2nd. Finally, Piper Sandler upped their price target on shares of Community Financial System from $66.00 to $71.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Community Financial System currently has an average rating of “Moderate Buy” and a consensus price target of $71.50.

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Community Financial System (NYSE: CBU) is the bank holding company for Community Bank, National Association, a full-service commercial bank headquartered in DeWitt, New York. Through its principal subsidiary, the company offers a range of banking and financial services designed to meet the needs of both consumer and business clients. Its organizational structure centers on community-based banking operations supported by centralized technology, risk management and administrative functions.

The company’s product offerings include deposit accounts, residential and commercial mortgage loans, commercial and consumer lending, treasury and cash management services, and electronic banking.

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Community Financial System (CBU - Free Report) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -2.52%. A quarter ago, it was expected that this bank holding company would post earnings of $1.1 per share when it actually produced earnings of $1.09, delivering a surprise of -0.91%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Community Financial, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $224.05 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.89%. This compares to year-ago revenues of $200.14 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Community Financial shares have added about 15.9% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for Community Financial?While Community Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Community Financial was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.23 on $227.19 million in revenues for the coming quarter and $4.70 on $894.2 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, AlTi Global, Inc. (ALTI - Free Report) , has yet to report results for the quarter ended June 2026.

This company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +166.7%. The consensus EPS estimate for the quarter has been revised 16.7% lower over the last 30 days to the current level.

AlTi Global, Inc.'s revenues are expected to be $61.8 million, up 16.3% from the year-ago quarter.