Community Financial System Management
Management criteria checks 3/4
Community Financial System's CEO is Dimitar Karaivanov, appointed in Jan 2024, has a tenure of 1.83 years. total yearly compensation is $2.70M, comprised of 33.1% salary and 66.9% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth $1.53M. The average tenure of the management team and the board of directors is 2.6 years and 9.2 years respectively.
Key information
Dimitar Karaivanov
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 33.08% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.6yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Community Financial System: The Worst Is Over (Upgrade)
Nov 18Community Financial System (NYSE:CBU) Is Increasing Its Dividend To $0.47
Aug 04
Community Financial System (NYSE:CBU) Is Increasing Its Dividend To $0.47
Jul 21Community Financial System: Earnings Outlook Is Positive, But Stock Appears Fairly Valued (Rating Downgrade)
Nov 03
Strategic Acquisitions And Diverse Revenue Streams Poised For Robust Earnings Growth
Focusing on both organic and inorganic growth through acquisitions and a diversified revenue stream enhances future earnings and market share.Community Financial System: A Solid Dividend Aristocrat, But Still Too Expensive
Aug 11Community Financial System's (NYSE:CBU) Dividend Will Be Increased To $0.46
Jul 22Community Bank System: The Cost Of Total Deposits Remains Incredibly Low
Jan 28The Community Bank System, Inc. (NYSE:CBU) Yearly Results Are Out And Analysts Have Published New Forecasts
Jan 26Community Bank: Upgrading To Buy But Keeping Earnings Estimate Largely Unchanged
Sep 15Community Bank System's (NYSE:CBU) Dividend Will Be Increased To $0.45
Sep 07Community Bank System (NYSE:CBU) Is Increasing Its Dividend To $0.45
Aug 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$205m |
| Jun 30 2025 | n/a | n/a | US$194m |
| Mar 31 2025 | n/a | n/a | US$190m |
| Dec 31 2024 | US$3m | US$893k | US$182m |
| Sep 30 2024 | n/a | n/a | US$166m |
| Jun 30 2024 | n/a | n/a | US$166m |
| Mar 31 2024 | n/a | n/a | US$166m |
| Dec 31 2023 | US$1m | US$542k | US$131m |
| Sep 30 2023 | n/a | n/a | US$150m |
| Jun 30 2023 | n/a | n/a | US$155m |
| Mar 31 2023 | n/a | n/a | US$146m |
| Dec 31 2022 | US$1m | US$501k | US$188m |
| Sep 30 2022 | n/a | n/a | US$179m |
| Jun 30 2022 | n/a | n/a | US$175m |
| Mar 31 2022 | n/a | n/a | US$183m |
| Dec 31 2021 | US$2m | US$270k | US$189m |
Compensation vs Market: Dimitar's total compensation ($USD2.70M) is below average for companies of similar size in the US market ($USD7.02M).
Compensation vs Earnings: Dimitar's compensation has increased by more than 20% in the past year.
CEO
Dimitar Karaivanov (43 yo)
Mr. Dimitar A. Karaivanov serves as President, CEO & Director at Community Financial System, Inc. (formerly known as Community Bank System, Inc.) & Community Bank, National Association since January 01, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$2.70m | 0.050% $ 1.5m | |
| Executive VP & Chief Human Resources Officer and Administration officer | 4.1yrs | US$985.71k | 0.016% $ 484.0k | |
| Executive VP & General Counsel | 3.3yrs | US$949.56k | 0.017% $ 519.5k | |
| Senior VP & Chief Banking Officer | 3.8yrs | US$1.05m | 0.024% $ 737.5k | |
| Executive VP & CFO | less than a year | no data | 0.0043% $ 131.3k | |
| Senior VP | 8yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | 1.2yrs | no data | no data | |
| Chief Compliance Officer | no data | no data | no data | |
| Senior VP & Chief Risk Officer | 2.6yrs | no data | no data | |
| President & CEO of Wealth Management Division | 2.4yrs | no data | no data | |
| Corporate Secretary & Senior Associate General Counsel | no data | no data | no data | |
| Vice President of Finance & Director of Financial Planning and Analysis | no data | no data | no data |
Experienced Management: CBU's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$2.70m | 0.050% $ 1.5m | |
| Independent Chair of the Board | 9.9yrs | US$179.30k | 0.095% $ 2.9m | |
| Independent Director | 22.8yrs | US$135.68k | 0.085% $ 2.6m | |
| Independent Director | 15.8yrs | US$149.30k | 0.26% $ 7.9m | |
| Independent Director | 15.8yrs | US$149.30k | 0.021% $ 637.0k | |
| Independent Director | 15.8yrs | US$146.30k | 0.13% $ 4.0m | |
| Independent Director | 15.8yrs | US$152.43k | 0.014% $ 413.8k | |
| Independent Director | 1.1yrs | US$17.50k | 0.000030% $ 916.2 | |
| Independent Director | 8.5yrs | US$149.43k | 0.038% $ 1.2m | |
| Independent Director | 6yrs | US$156.18k | 0.0057% $ 174.1k | |
| Independent Director | 3.9yrs | US$144.43k | 0.0068% $ 206.7k | |
| Independent Director | 1.8yrs | US$132.43k | 0.00019% $ 5.8k |
Experienced Board: CBU's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 23:06 |
| End of Day Share Price | 2025/11/26 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Community Financial System, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Civiello | Janney Montgomery Scott LLC |
| David Konrad | Keefe, Bruyette, & Woods |
| John Moran | Macquarie Research |