13FPulse
CB

CBU COMMUNITY FINANCIAL SYSTEM I

2026Q2 · CUSIP 203607106 · Sector: Financials

Normal

Fund flows are within the usual range

Funds that own it
272
Institutions that reported holding it to the SEC
Net increase in holders
+9
Last quarter 263 → now 272
How unusual is that
Above average
Stronger buying than 67% of US stocks
What the filings say, in one paragraph

272 funds held CBU at the end of 2026Q2, up 9 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $859M(YoY +10.0%), the P/E is 14.4x, return on equity is 11.0%. CBU has had 7 buying rushes in its history, and the price moved -4.5% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=130 2013Q4: holders=138 2014Q1: holders=136 2014Q2: holders=141 2014Q3: holders=145 2014Q4: holders=149 2015Q1: holders=153 2015Q2: holders=154 2015Q3: holders=152 2015Q4: holders=159 2016Q1: holders=157 2016Q2: holders=153 2016Q3: holders=161 2016Q4: holders=181 2017Q1: holders=175 2017Q2: holders=180 2017Q3: holders=188 2017Q4: holders=197 2018Q1: holders=192 2018Q2: holders=211 2018Q3: holders=207 2018Q4: holders=204 2019Q1: holders=202 2019Q2: holders=206 2019Q3: holders=215 2019Q4: holders=213 2020Q1: holders=209 2020Q2: holders=218 2020Q3: holders=207 2020Q4: holders=224 2021Q1: holders=207 2021Q2: holders=219 2021Q3: holders=233 2021Q4: holders=241 2022Q1: holders=241 2022Q2: holders=235 2022Q3: holders=247 2022Q4: holders=254 2023Q1: holders=244 2023Q2: holders=220 2023Q3: holders=233 2023Q4: holders=244 2024Q1: holders=234 2024Q2: holders=246 2024Q3: holders=254 2024Q4: holders=254 2025Q1: holders=267 2025Q2: holders=258 2025Q3: holders=251 2025Q4: holders=265 2026Q1: holders=263 2026Q2: holders=272 -24 -12 +0 +12 +24 117202286 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 7 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q1 Top 20% -0.4% -3.9%
2023Q3 Top 20% +1.7% +9.0%
2022Q3 Top 20% -4.7% -24.5%
2021Q3 Top 20% -1.6% -13.4%
2018Q2 Top 20% -3.6% -1.2%
2017Q3 Top 20% +3.9% +16.3%
2016Q4 Top 20% -9.5% -13.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
136
Change in large funds
+5
Total value they hold
$2.7B
Funds buying for the first time
44
Funds that sold out entirely
35
Price change that quarter
-0.1%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
1

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
14.4
EPS (TTM)
$4.31
EPS YoY
+17.4%
Revenue (TTM)
$0.9B
Revenue YoY
+10.0%
Net margin
26.6%
ROE
11.0%
Debt ratio
88.3%
FCF (TTM)
$247M
Dividend (TTM)
$1.88
Quarterly Revenue & EPS
2021-09-30: EPS 0.83 2021-12-31: EPS 0.80 2022-03-31: EPS 0.86 2022-06-30: EPS 0.73 2022-09-30: EPS 0.90 2022-12-31: EPS 0.97 2023-03-31: EPS 0.11 2023-06-30: EPS 0.89 2023-09-30: EPS 0.82 2023-12-31: EPS 0.63 2024-03-31: EPS 0.76 2024-06-30: EPS 0.91 2024-09-30: EPS 0.83 2024-12-31: EPS 0.94 2025-03-31: EPS 0.93 2025-06-30: EPS 0.97 2025-09-30: EPS 1.04 2025-12-31: EPS 1.03 2026-03-31: EPS 1.08 2026-06-30: EPS 1.16 0M 339M 679M $M 0.00 0.64 1.28 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 16 13 17 22 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
0K42M83M 20162017201820192020202120222023202420252026
Latest quarter $60M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.