Community Financial System, Inc. Files 2024 Annual Report
Ticker: CBU · Form: 10-K · Filed: Feb 28, 2025 · CIK: 723188
| Field | Detail |
|---|---|
| Company | Community Financial System, Inc. (CBU) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials, banking
TL;DR
CFS filed its 2024 10-K. Bank's looking solid.
AI Summary
Community Financial System, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, formerly known as Community Bank System, Inc., operates as a national commercial bank. The filing details its financial position, business operations, and risk factors, providing a comprehensive overview for investors and stakeholders.
Why It Matters
This 10-K filing provides crucial financial and operational details for Community Financial System, Inc., allowing investors to assess the company's performance and make informed investment decisions.
Risk Assessment
Risk Level: medium — As a financial institution, Community Financial System, Inc. is subject to various risks including interest rate fluctuations, credit risk, and regulatory changes.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the reporting period for the financial statements.)
- 001-13695 — SEC File Number (Unique identifier for the company's filings with the SEC.)
Key Players & Entities
- COMMUNITY FINANCIAL SYSTEM, INC. (company) — Filer and subject of the report
- 20241231 (date) — Fiscal year end
- 20250228 (date) — Filing date
- DEWITT, NY (location) — Business and mailing address
- COMMUNITY BANK SYSTEM, INC. (company) — Former company name
FAQ
What was Community Financial System, Inc.'s former name?
Community Financial System, Inc.'s former name was COMMUNITY BANK SYSTEM, INC., with a date of name change on 20130806.
When is the fiscal year end for Community Financial System, Inc. as reported in this 10-K?
The fiscal year end for Community Financial System, Inc. is December 31, 2024 (20241231).
What is the primary business of Community Financial System, Inc. according to the SIC code?
The Standard Industrial Classification (SIC) code for Community Financial System, Inc. is 6021, which corresponds to NATIONAL COMMERCIAL BANKS.
Where is Community Financial System, Inc. located?
Community Financial System, Inc.'s business and mailing address is 5790 WIDEWATERS PKWY, DEWITT, NY 13214.
On what date was this 10-K filing submitted?
This 10-K filing was submitted on February 28, 2025 (20250228).
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding COMMUNITY FINANCIAL SYSTEM, INC. (CBU).