UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Securities registered pursuant to Section 12(b) of the Exchange Act: Title of each class Trading Symbol Name of exchange on which registered Common stock, par value $.01 per share CHMG The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...

What's Next for Chemung Financial? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Live Oak Bancshares (LOB) , another stock in the same industry, has yet to report results for the quarter ended June 2024. The results are expected t ...

Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quar ...

ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quarter of 2023. Second Quarter Highlights: 1 See the GAAP to Non-GAAP reconciliations. Net Interest Income: I ...

Second Quarter Highlights: Non-interest income for the second quarter of 2024 was $5.6 million, compared to $5.7 million for the prior quarter, a decrease of $0.1 million, or 1.8%. The decrease was driven primarily by decreases of $0.2 million in other non-interest income and $0.1 million in the change in fair value of equity investments, offset by an increase of $0.2 million in wealth management group fee income. Interest income on loans, including fees, increased primarily due to a $151.0 million increase ...

Source: Chemung Financial Corp Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 31 offices through its principal subsidiary, Chemung Canal Trust Company, a full- service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiar ...

ELMIRA, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on July 1, 2024, to common stock shareholders of record as of the close of business on June 17, 2024. Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 31 offices through its principal subsidiary, Chemung Canal Trust Company, a f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Securities registered pursuant to Section 12(b) of the Exchange Act: Title of each class Trading Symbol Name of exchange on which registered Common stock, par value $.01 per share CHMG The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

For the quarter ended March 2024, Chemung Financial (CHMG) reported revenue of $23.75 million, down 6.4% over the same period last year. EPS came in at $1.48, compared to $1.54 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $23.72 million, representing a surprise of +0.13%. The company delivered an EPS surprise of +37.04%, with the consensus EPS estimate being $1.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

Chemung Financial (CHMG) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.04%. A quarter ago, it was expected that this financial holding company would post earnings of $1.17 per share when it actually produced earnings of $0.81, delivering a surprise of -30.77%.Over the last four q ...