Community Financial System reports Q2 EPS of $1.16, up 19.6% YoY, completes ClearPoint acquisition

Filed July 28, 2026 · Period ending July 28, 2026 · ~2 min read

Key Changes

• high

  Q2 2026 diluted EPS of $1.16, up $0.19 or 19.6% from $0.97 in Q2 2025 and up $0.08 or 7.4% from $1.08 in Q1 2026, marking the fifth consecutive quarter of record results driven by higher net interest income and noninterest revenues.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest margin expanded to 3.46%, up 19 basis points year-over-year, driven by an 18 basis point decrease in the cost of interest-bearing liabilities (from 1.74% to 1.56%) and a 5 basis point increase in the yield on interest-earning assets to 4.61%. Net interest income reached a record $139.1 million, up 11.5% year-over-year.

  Exhibit 99.1 view on EDGAR →
• high

  Completed acquisition of ClearPoint Federal Bank & Trust on June 1, 2026 for $39.0 million in cash. ClearPoint is a national leader in trust administration for the death care industry with over $1.5 billion of assets under management and a 9.7% 3-year revenue CAGR, significantly expanding the company's wealth management services business.

  Exhibit 99.1 view on EDGAR →