Community Bank System (CBU)
NYSE:CBU
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Earnings Data
Report Date
Jul 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.18Last Year’s EPS
1.04Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a clearly positive operating quarter highlighted by double-digit net interest income growth, margin expansion, strong loan and deposit growth, record operating PPNR and operating EPS, and active but disciplined capital deployment (including opportunistic buybacks and targeted M&A). Headwinds were manageable and largely timing- or investment-related: insurance contingent commission timing, expense increases from strategic branch expansion and acquisitions, modest upticks in early-stage delinquency metrics, and short-term deposit cost seasonality. Management maintained full-year guidance and emphasized diversified revenue, strong liquidity, and continued organic and targeted inorganic growth.Company Guidance
Top-Line and EPS Growth
Total revenue grew 9% year-over-year. GAAP diluted EPS was $1.08, up $0.15 or 16.1% year-over-year. Management reported a 17% increase in operating diluted EPS versus the prior-year period and record operating earnings per share and operating pre-tax pre-provision net revenue (PPNR) per share (operating PPNR per share of $1.10, up $0.21 year-over-year).
Net Interest Income and Margin Expansion
Net interest income reached $134.7 million, an increase of $14.5 million or 12.1% year-over-year and $1.3 million or 1% linked-quarter — marking the eighth consecutive quarter of NII expansion. Fully tax-equivalent net interest margin expanded 6 basis points to 3.45% from the prior quarter, driven by lower funding costs; cost of funds was 1.2%, down 7 basis points.
Strong Balance Sheet Growth and Liquidity
Ending loans rose $181.4 million (1.7%) quarter-over-quarter and $710 million (6.8%) year-over-year, driven by organic consumer and business lending growth. Ending total deposits increased $978.1 million (7%) year-over-year and approximately $483 million (about 3.4%) on a linked-quarter basis; the 12-month deposit growth included $543.7 million assumed in the Santander branch acquisition.
Diversified and Growing Fee Revenue Mix
Operating noninterest revenues increased $3.2 million or 4.2% year-over-year and represented 37% of total operating revenues, with Banking, Employee Benefit Services, and Wealth Management contributing increases. Wealth Management reported mid-single-digit revenue growth and high-single-digit bottom-line growth; Employee Benefit Services growing at mid- to high-single digits.
Expense Management and Record Operating Results
Total noninterest expenses were $133.0 million, down $5.5 million or 4.0% from the prior quarter (seasonal/one-time factors) though up 6.2% year-over-year due to expansion. Core expense for Q1 came in under $133 million, tracking inside full-year guidance of $535–$550 million (4%–7% expense growth guidance).
Capital Allocation and M&A Activity
Management remains actively deploying capital across organic growth, tuck-in M&A, and opportunistic buybacks. The company executed an opportunistic repurchase in the low $60s per share this quarter, is pursuing targeted inorganic opportunities across businesses, and is prepared to close the ClearPoint acquisition pending regulatory approval.
CBU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CBU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $63.17 | $62.23 | -1.49% |
Jan 27, 2026 | $61.26 | $60.96 | -0.50% |
Oct 21, 2025 | $55.15 | $55.29 | +0.25% |
Jul 22, 2025 | $56.55 | $54.45 | -3.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Community Bank System (CBU) report earnings?
Community Bank System (CBU) is schdueled to report earning on Jul 27, 2026, Before Open (Confirmed).
What is Community Bank System (CBU) earnings time?
Community Bank System (CBU) earnings time is at Jul 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CBU EPS forecast?
CBU EPS forecast for the fiscal quarter 2026 (Q2) is 1.18.