Key Highlights

• CBU's Dividend rises 4.3% to $0.49 per share, trading ex-date and Record Date September 15, 2026, payable October 13, yielding approximately 3.13%.

• The July 22 increase marked the company's 34th consecutive year of dividend increases, up from the prior $0.47 rate.

• Second-quarter Net Income reached a record $61.3 million, or $1.16 per diluted share, up 19.6% year over year.

• The company completed its ClearPoint Federal Bank & Trust acquisition, adding more than $1.5 billion of recurring trust assets.

Community Financial System's (NYSE:CBU) $0.49 quarterly dividend, a 4.3% increase, trades ex-date and record date September 15, payable October 13. Record net income of $61.3 million accompanied the July 22 raise, its 34th consecutive year of increases, alongside the completed $39.0 million ClearPoint Federal Bank & Trust acquisition.

Dividend Program and Shareholder Returns

Community Financial System declared a $0.49 per share quarterly dividend, payable October 13 to shareholders of record and ex-dividend date September 15. The annualized dividend is $1.96 per share, up from $1.88, marking the company's 34th consecutive year of dividend increases.

About the Company

Community Financial System is a diversified financial-services organization whose operations include traditional banking, wealth management, employee-benefits administration and payment solutions.

Financial Performance Behind the Payout

Community Financial System reported second-quarter net income of $61.3 million, or $1.16 per diluted share, up 19.6% year over year, a record result. Total revenues rose 12.0% year over year to $223.2 million. Return on Assets improved to 1.40% from 1.24% a year earlier, and the efficiency ratio improved to 61.7% from 64.8%. Total ending loans reached $11.28 billion, up $763.7 million year over year, while total deposits stood at $14.71 billion. The company completed a $39.0 million cash Acquisition of ClearPoint Federal Bank & Trust during the quarter, adding more than $1.5 billion of recurring trust assets, with wealth-management pre-tax Earnings up 46.5% year over year. Insurance segment earnings declined 10.8% amid softer premium markets.

Outlook

Insurance-segment recovery in the back half of 2026, continued net interest income growth toward management's 10-11% full-year guidance, and integration progress on ClearPoint's trust assets are the items management has cited as relevant to track.