Community Bank System, Inc. (CBU) Balance Sheet
CBU balance sheet, 2025
December 31, 2025 · U.S. dollars$17.41B assets = $15.41B liabilities + $2.01B equity
Both columns are drawn to the same scale: what CBU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CBU financial health
Descriptive bands, not a rating. Fiscal 2025.
CBU balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $8.67B2016 | $17.41B2025 | +8.1%/yr | |
| Total liabilities | $7.47B2016 | $15.41B2025 | +8.4%/yr | |
| Shareholders’ equity | $1.20B2016 | $2.01B2025 | +5.9%/yr | |
| Cash & short-term investments | $2.92B2016 | $301.8M2025 | −22.3%/yr | |
| Total debt | $248.4M2016 | $746.7M2025 | +13.0%/yr | |
| Net cash (debt) | $2.67B2016 | −$444.9M2025 | −$3.1B | |
| Working capital | −$4.41B2016 | $117.5M2025 | +$4.5B | |
| Book value per share | $26.772016 | $37.982025 | +4.0%/yr | |
| Debt / equity | 0.212016 | 0.372025 | +0.16 | |
| Shares outstanding | 44.7M2016 | 52.8M2025 | +1.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CBU assets
CBU liabilities and equity
CBU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CBU balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $301.8M | $509.0M | $3.11B | $4.36B | $6.81B | $5.19B | $3.25B | $3.15B | $3.25B | $2.92B |
| Cash & equivalents | $301.8M | $191.9M | $191.0M | $209.9M | $1.88B | $1.65B | $205.0M | $211.8M | $221.0M | $173.9M |
| Short-term investments | $2.88B | $317.1M | $2.92B | $4.15B | $4.93B | $3.55B | $3.04B | $2.94B | $3.03B | $2.75B |
| Receivables | $57.7M | $54.3M | $54.5M | $52.6M | $35.9M | $39.0M | $31.6M | $31.0M | $36.2M | $31.1M |
| Inventory | $0 | $0 | $136.4M | −$263.0M | −$1.91B | −$1.69B | −$237.9M | −$244.2M | −$259.1M | −$206.9M |
| Other current assets | $0 | $0 | $0 | $263.0M | $1.91B | $1.69B | $237.9M | $244.2M | $259.1M | $206.9M |
| Total current assets | $359.5M | $563.3M | $3.17B | $4.41B | $6.85B | $5.23B | $3.28B | $3.18B | $3.29B | $2.95B |
| Property, plant & equipment (net) | $246.5M | $183.8M | $173.4M | $160.8M | $160.7M | $165.7M | $164.6M | $120.0M | $123.4M | $112.3M |
| Goodwill & intangible assets | $942.7M | $901.5M | $898.0M | $902.8M | $864.3M | $846.6M | $836.9M | $807.3M | $825.1M | $480.8M |
| Long-term investments | $4.06B | $4.14B | $4.10B | $5.31B | $4.98B | $7.36B | $6.84B | $6.23B | $6.26B | $4.94B |
| Other non-current assets | $11.81B | $10.60B | $7.22B | $5.04B | $2.70B | $329.4M | $287.0M | $269.1M | $249.5M | $181.3M |
| Total assets | $17.41B | $16.39B | $15.56B | $15.84B | $15.55B | $13.93B | $11.41B | $10.61B | $10.75B | $8.67B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $133.9M | $210.8M | $230.7M | $215.2M | $157.5M | $180.6M | $144.0M |
| Short-term debt | $242.0M | $379.6M | $357.6M | $1.12B | $333.4M | $284.0M | $250.0M | $313.8M | $361.0M | $146.2M |
| Deferred revenue | — | — | — | — | −$122.7M | −$57.0M | — | — | — | −$146.2M |
| Total current liabilities | $242.0M | $13.82B | $13.29B | $14.26B | $210.8M | $11.74B | $9.46B | $8.79B | $8.99B | $7.37B |
| Long-term debt | $8.3M | $8.7M | $0 | $3.2M | $3.3M | $80.6M | $91.1M | $99.9M | $124.9M | $102.2M |
| Other long-term liabilities | $15.16B | $793.3M | $572.1M | $19.5M | $326.6M | $6.7M | $3.8M | $0 | $0 | $0 |
| Total liabilities | $15.41B | $14.62B | $13.86B | $14.28B | $13.45B | $11.83B | $9.56B | $8.89B | $9.11B | $7.47B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $54.9M | $54.7M | $54.4M | $54.2M | $54.1M | $53.8M | $52.0M | $51.6M | $51.3M | $45.0M |
| Retained earnings (deficit) | $1.39B | $1.28B | $1.19B | $1.15B | $1.06B | $960.2M | $882.9M | $795.6M | $700.6M | $614.7M |
| Treasury stock | — | — | — | −$26.5M | −$10.6M | −$6.2M | −$6.8M | −$11.5M | −$21.0M | −$15.2M |
| Accumulated other comprehensive income | −$419.0M | −$548.1M | −$556.9M | −$686.4M | −$50.6M | $62.1M | −$10.2M | −$45.3M | −$3.7M | $7.8M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $2.01B | $1.76B | $1.70B | $1.55B | $2.10B | $2.10B | $1.86B | $1.71B | $1.64B | $1.20B |
| Key figures | ||||||||||
| Total debt | $746.7M | $998.9M | $765.2M | $1.14B | $336.7M | $371.3M | $344.9M | $413.7M | $485.9M | $248.4M |
| Net cash (debt) | −$444.9M | −$489.9M | $2.35B | $3.22B | $6.47B | $4.82B | $2.90B | $2.73B | $2.77B | $2.67B |
| Working capital | $117.5M | −$13.26B | −$10.12B | −$9.85B | $6.63B | −$6.51B | −$6.18B | −$5.61B | −$5.70B | −$4.41B |
| Tangible book value | $1.06B | $861.4M | $800.0M | $648.9M | $1.24B | $1.26B | $1.02B | $906.4M | $810.2M | $717.3M |
| Book value per share | $37.98 | $33.33 | $31.60 | $28.63 | $38.62 | $39.46 | $35.51 | $33.12 | $32.88 | $26.77 |
| Shares outstanding | 52.8M | 52.9M | 53.7M | 54.2M | 54.4M | 53.3M | 52.2M | 51.7M | 49.7M | 44.7M |
| Current ratio | 1.49 | 0.04 | 0.24 | 0.31 | 32.47 | 0.45 | 0.35 | 0.36 | 0.37 | 0.40 |
| Quick ratio | 1.49 | 0.04 | 0.24 | 0.31 | 32.47 | 0.45 | 0.35 | 0.36 | 0.37 | 0.40 |
| Debt / equity | 0.37 | 0.57 | 0.45 | 0.73 | 0.16 | 0.18 | 0.19 | 0.24 | 0.30 | 0.21 |
| Equity / assets | 11.5% | 10.8% | 10.9% | 9.8% | 13.5% | 15.1% | 16.3% | 16.2% | 15.2% | 13.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $4.78B | $572.2M | $301.8M | $3.10B | $2.69B | $834.3M | $509.0M | $3.23B | $3.01B | $3.20B | $3.11B | $455.8M |
| Cash & equivalents | $258.2M | $572.2M | $301.8M | $230.5M | $231.2M | $512.9M | $191.9M | $346.1M | $201.5M | $338.4M | $191.0M | $455.8M |
| Short-term investments | $4.52B | $2.53B | $2.88B | $2.86B | $2.46B | $321.4M | $317.1M | $2.89B | $2.81B | $2.86B | $2.92B | $2.77B |
| Receivables | $60.9M | $56.6M | $57.7M | $54.5M | $57.6M | $53.5M | $54.3M | $50.8M | $58.1M | $53.8M | $54.5M | $46.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$259.6M | −$392.1M | $136.4M | −$550.3M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $259.6M | $392.1M | $0 | $503.3M |
| Total current assets | $4.78B | $572.2M | $359.5M | $3.16B | $2.75B | $887.8M | $563.3M | $3.28B | $3.07B | $3.26B | $3.17B | $455.8M |
| Property, plant & equipment (net) | $250.3M | $247.4M | $246.5M | $212.7M | $201.1M | $189.8M | $183.8M | $178.4M | $178.1M | $171.0M | $173.4M | $174.7M |
| Goodwill & intangible assets | $963.6M | $997.3M | $942.7M | $900.0M | $898.4M | $900.3M | $901.5M | $900.6M | $905.8M | $904.4M | $898.0M | $1.75B |
| Long-term investments | $4.16B | $4.04B | $4.06B | $4.03B | $3.90B | $4.23B | $4.14B | $4.21B | $4.09B | $4.09B | $4.10B | $3.96B |
| Other non-current assets | $7.61B | $11.88B | $11.81B | $8.66B | $8.92B | $10.56B | $10.60B | $7.83B | $7.67B | $7.44B | $7.22B | $9.05B |
| Total assets | $17.76B | $17.74B | $17.41B | $16.96B | $16.67B | $16.76B | $16.39B | $16.40B | $15.91B | $15.86B | $15.56B | $15.39B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $153.5M |
| Short-term debt | $330.4M | $201.0M | $242.0M | $292.1M | $311.0M | $266.6M | $379.6M | $317.4M | $393.1M | $287.2M | $357.6M | $330.3M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | −$176.7M |
| Total current liabilities | $330.4M | $201.0M | $242.0M | $14.35B | $14.01B | $14.16B | $13.82B | $13.79B | $13.53B | $13.64B | $13.29B | $153.5M |
| Long-term debt | $433.7M | $446.3M | $8.3M | $0 | $0 | $0 | $0 | $0 | $539.1M | $395.1M | $407.6M | $0 |
| Other long-term liabilities | $14.93B | $15.07B | $15.16B | $15.02B | $769.1M | $771.6M | $801.9M | $826.1M | $166.6M | $167.3M | $164.5M | $316.8M |
| Total liabilities | $15.69B | $15.72B | $15.41B | $15.02B | $14.78B | $14.93B | $14.62B | $14.62B | $14.24B | $14.20B | $13.86B | $13.83B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $55.1M | $55.0M | $54.9M | $54.9M | $54.9M | $54.9M | $54.7M | $54.6M | $54.5M | $54.5M | $54.4M | $54.4M |
| Retained earnings (deficit) | $1.46B | $1.42B | $1.39B | $1.36B | $1.33B | $1.30B | $1.28B | $1.25B | $1.23B | $1.21B | $1.19B | $1.18B |
| Accumulated other comprehensive income | −$413.1M | −$424.0M | −$419.0M | −$453.2M | −$486.8M | −$505.1M | −$548.1M | −$494.0M | −$585.8M | −$583.8M | −$556.9M | −$684.9M |
| Total shareholders' equity | $2.07B | $2.02B | $2.01B | $1.94B | $1.88B | $1.83B | $1.76B | $1.78B | $1.67B | $1.66B | $1.70B | $1.55B |
| Key figures | ||||||||||||
| Total debt | $764.0M | $647.3M | $746.7M | $763.3M | $894.5M | $862.0M | $998.9M | $948.4M | $932.2M | $682.4M | $765.2M | $330.3M |
| Net cash (debt) | $4.02B | −$75.2M | −$444.9M | $2.34B | $1.80B | −$27.8M | −$489.9M | $2.28B | $2.08B | $2.52B | $2.35B | $125.6M |
| Working capital | $4.45B | $371.1M | $117.5M | −$11.19B | −$11.27B | −$13.27B | −$13.26B | −$10.51B | −$10.46B | −$10.38B | −$10.12B | $302.3M |
| Tangible book value | $1.11B | $1.03B | $1.06B | $1.04B | $984.7M | $933.7M | $861.4M | $884.3M | $764.4M | $752.5M | $800.0M | −$191.8M |
| Book value per share | $39.17 | $38.21 | $37.88 | $36.56 | $35.45 | $34.75 | $33.21 | $33.88 | $31.55 | $30.99 | $31.64 | $29.01 |
| Shares outstanding | 52.9M | 53.0M | 53.0M | 53.0M | 53.1M | 52.8M | 53.1M | 52.7M | 52.9M | 53.5M | 53.7M | 53.6M |
| Current ratio | 14.48 | 2.85 | 1.49 | 0.22 | 0.20 | 0.06 | 0.04 | 0.24 | 0.23 | 0.24 | 0.24 | 2.97 |
| Quick ratio | 14.66 | 3.13 | 1.49 | 0.22 | 0.20 | 0.06 | 0.04 | 0.24 | 0.23 | 0.24 | 0.24 | 3.28 |
| Debt / equity | 0.37 | 0.32 | 0.37 | 0.39 | 0.47 | 0.47 | 0.57 | 0.53 | 0.56 | 0.41 | 0.45 | 0.21 |
| Equity / assets | 11.7% | 11.4% | 11.5% | 11.4% | 11.3% | 10.9% | 10.8% | 10.9% | 10.5% | 10.4% | 10.9% | 10.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
CBU financial position
At the end of fiscal 2025 (December 31, 2025), Community Bank System had total assets of $17.4 billion (up 6.3% from a year earlier), total liabilities of $15.4 billion and shareholders' equity of $2.0 billion. It held $301.8 million in cash and short-term investments against $746.7 million of debt, net debt of $444.9 million. Its current ratio was 1.49. In the latest quarter (ended June 30, 2026) total assets were $17.8 billion and equity $2.1 billion.
Related: CBU income statement, CBU cash flow statement, CBU key metrics. See the CBU stock overview for the latest quote and news.
CBU balance sheet FAQ
What are Community Bank System's total assets?
Community Bank System reported total assets of $17.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $16.4 billion a year earlier.
How much debt does Community Bank System have?
Community Bank System had $746.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.37.
How much cash does Community Bank System have?
Community Bank System held $301.8 million in cash and short-term investments at the end of fiscal 2025; with $746.7 million of debt that is net debt of $444.9 million.
What is Community Bank System's book value?
Community Bank System's shareholders' equity (book value) was $2.0 billion at the end of fiscal 2025, or $37.98 per share.
What is Community Bank System's current ratio?
Community Bank System had current assets of $359.5 million and current liabilities of $242.0 million, a current ratio of 1.49 (it can cover its short-term obligations).
How much goodwill does Community Bank System have?
Community Bank System carried $942.7 million of goodwill and intangible assets, 5.4% of total assets, at the end of fiscal 2025.