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Chemung Financial Corporation Reports Annual Net Income of $25.0 million, or $5.28 per share, and Fourth Quarter 2023 Net Income of $3.8 million, or $0.80 per share
CHMGChemung Financial (CHMG) Newsfilter·2024-01-25 21:10

ELMIRA, N.Y., Jan. 25, 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 25.0million,or25.0 million, or 5.28 per share, for the year ended December 31, 2023, compared to 28.8million,or28.8 million, or 6.13 per share, for the year ended December 31, 2022. Net income was 3.8million,or3.8 million, or 0.80 per share, for the fourth quarter of 2023, compared to 7.6million,or7.6 million, or 1.61 per share, for the third quarter ...