Chemung Financial (CHMG) - 2024 Q4 - Annual Results

EXHIBIT 99.1 Chemung Financial Corporation Reports Annual Net Income of $23.7 million, or$4.96 per share, and Fourth Quarter 2024 Net Income of $5.9 million, or$1.24 per share ELMIRA, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $23.7 million, or$4.96 per share, for the year ended December 31, 2024, compared to $25.0 million, or$5.28 per share, for the ...