COMMUNITY FINANCIAL SYSTEM, INC.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
CBU$65.78+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| PART I | | Page |
|---|---|---|
| Item 1 | Business | 3 |
| Item 1A | Risk Factors | 18 |
| Item 1B | Unresolved Staff Comments | 30 |
| Item 1C | Cybersecurity | 30 |
| Item 2 | Properties | 33 |
| Item 3 | Legal Proceedings | 34 |
| Item 4 | Mine Safety Disclosures | 34 |
| | | |
| PART II | | |
| Item 5 | Market for the Registrant’s Common Equity, Related Stockholders Matters and Issuer Purchases of Equity Securities | 34 |
| Item 6 | [Reserved] | 37 |
| Item 7 | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 37 |
| Item 7A | Quantitative and Qualitative Disclosures about Market Risk | 75 |
| Item 8 | Financial Statements and Supplementary Data: | 77 |
| | Consolidated Statements of Condition | 78 |
| | Consolidated Statements of Income | 79 |
| | Consolidated Statements of Comprehensive Income | 80 |
| | Consolidated Statements of Changes in Shareholders’ Equity | 81 |
| | Consolidated Statements of Cash Flows | 82 |
| | Notes to Consolidated Financial Statements | 83 |
| | Report on Internal Control over Financial Reporting | 149 |
| | Report of Independent Registered Public Accounting Firm | 150 |
| Item 9 | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 152 |
| Item 9A | Controls and Procedures | 152 |
| Item 9B | Other Information | 152 |
| Item 9C | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 152 |
| | | |
| PART III | | |
| Item 10 | Directors, Executive Officers and Corporate Governance | 153 |
| Item 11 | Executive Compensation | 153 |
| Item 12 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 153 |
| Item 13 | Certain Relationships and Related Transactions, and Director Independence | 153 |
| Item 14 | Principal Accounting Fees and Services | 153 |
| | ||
| PART IV | | |
| Item 15 | Exhibits and Financial Statement Schedules | 154 |
| | Signatures | 158 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.