CHMG
Chemung FinancialDDocument history
Earnings documents stored for CHMG.
Investor releaseQuarter not tagged2026-05-21Chemung Financial Corporation Announces Quarterly Dividend
GlobeNewswire
Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., May 21, 2026 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.34 per share, payable on July 1, 2026, to common stock shareholders of record as of the close of business on June 17, 2026. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 30 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 subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance. This press release may be found at: www.chemungcanal.com Category: Financial Source: Chemung Financial Corp Contact:Scott T. HeffnerSenior Vice President, Director of Marketing(607) [email protected]
Investor releaseQuarter not tagged2026-04-17Chemung Financial: Q1 Earnings Snapshot
Associated Press
Chemung Financial: Q1 Earnings Snapshot
ELMIRA, N.Y. (AP) — ELMIRA, N.Y. (AP) — Chemung Financial Corp. (CHMG) on Friday reported net income of $9.2 million in its first quarter. The Elmira, New York-based bank said it had earnings of $1.91 per share. The financial holding company posted revenue of $39.9 million in the period. Its revenue net of interest expense was $29.9 million, which fell short of Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHMG at https://www.zacks.com/ap/CHMG
Investor releaseQuarter not tagged2026-04-17Chemung Financial Corporation Reports Record Quarterly Results; First Quarter 2026 Net Income of $9.2 million, or $1.91 per share
GlobeNewswire
Chemung Financial Corporation Reports Record Quarterly Results; First Quarter 2026 Net Income of $9.2 million, or $1.91 per share
ELMIRA, N.Y., April 17, 2026 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $9.2 million, or $1.91 per share, for the first quarter of 2026, compared to net income of $7.7 million, or $1.61 per share, for the fourth quarter of 2025, and net income of $6.0 million, or $1.26 per share, for the first quarter of 2025. “Record quarterly earnings validate the Corporation's strategic initiatives in recent years, including our entrance into the Western New York market and a balance sheet repositioning in 2025, both of which significantly contributed to first quarter results," said Anders M. Tomson, President and CEO of Chemung Financial Corporation. “For an institution with over 190 years of history, delivering record performance can only be achieved through thoughtful execution and a sustained commitment to improvement," added Tomson. "While our geographic footprint has expanded in recent years, our success remains dependent on the values which have served the Corporation well in its past. Attainment of results at this level is only maintainable by continuing to support the communities in each of our markets," stated Tomson. "As we reflect on the milestones achieved this quarter, we remain as focused as ever on delivering consistent and durable performance in the periods ahead," Tomson concluded. First Quarter 2026 Highlights: Net income and earnings per share of $9.2 million and $1.91, respectively, each represent the highest quarterly earnings in Chemung Financial Corporation's history, and exceeded previous quarterly records by 14.6% and 11.0%, respectively. Quarterly adjusted efficiency ratio of 58.27% was also the lowest in the Corporation's history, an improvement of 1.85% compared to the fourth quarter of 2025 and 7.37% compared to the first quarter of 2025. 1 Annualized loan growth totaled 7.5%, including period-end growth of nearly 15% in the Western New York Canal Bank division. Loan growth in the Capital Bank division exceeded 7%, annualized. In March, the Corporation opened a representative office in downtown Buffalo, New York to support the growing operations of its Canal Bank division. Dividends declared during the first quarter of 2026 were $0.34 per share. 1 See the GAAP to Non-GAAP reconciliations. 1st Quarter 2026 vs...
Investor releaseQuarter not tagged2026-04-17Chemung Financial (CHMG) Beats Q1 Earnings Estimates
Zacks
Chemung Financial (CHMG) Beats Q1 Earnings Estimates
Chemung Financial (CHMG) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +17.18%. A quarter ago, it was expected that this financial holding company would post earnings of $1.6 per share when it actually produced earnings of $1.61, delivering a surprise of +0.63%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Chemung Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $29.9 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 1.31%. This compares to year-ago revenues of $25.71 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Chemung Financial shares have added about 6.3% since the beginning of the year versus the S&P 500's gain of 2.9%. While Chemung Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. 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. Ahead of this earnings release, the estimate revisions trend for Chemung Financial was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's...
Investor releaseQuarter not tagged2026-04-13Investar (ISTR) to Report Q1 Results: Wall Street Expects Earnings Growth
Zacks
Investar (ISTR) to Report Q1 Results: Wall Street Expects Earnings Growth
Investar (ISTR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This holding company for Investar Bank is expected to post quarterly earnings of $0.69 per share in its upcoming report, which represents a year-over-year change of +7.8%. Revenues are expected to be $36.6 million, up 79.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A posit...
Investor releaseQuarter not tagged2026-04-10Chemung Financial (CHMG) Earnings Expected to Grow: Should You Buy?
Zacks
Chemung Financial (CHMG) Earnings Expected to Grow: Should You Buy?
Wall Street expects a year-over-year increase in earnings on higher revenues when Chemung Financial (CHMG) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This financial holding company is expected to post quarterly earnings of $1.63 per share in its upcoming report, which represents a year-over-year change of +29.4%. Revenues are expected to be $30.3 million, up 17.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 5.59% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP read...
Investor releaseQuarter not tagged2026-02-18Chemung Financial Corporation Announces Quarterly Dividend
GlobeNewswire
Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.34 per share, payable on April 1, 2026, to common stock shareholders of record as of the close of business on March 18, 2026. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 30 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 subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance. This press release may be found at www.chemungcanal.com Category: Financial Source: Chemung Financial Corp Contact: Scott T. Heffner Senior Vice President, Director of Marketing (607) 737-3706 [email protected]
Investor releaseQuarter not tagged2026-01-27Chemung Financial Corporation Reports Fourth Quarter 2025 Net Income of $7.7 million, or $1.61 per share & Annual Financial Results
GlobeNewswire
Chemung Financial Corporation Reports Fourth Quarter 2025 Net Income of $7.7 million, or $1.61 per share & Annual Financial Results
ELMIRA, N.Y., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $7.7 million, or $1.61 per share, for the fourth quarter of 2025, compared to net income of $7.8 million, or $1.62 per share, for the third quarter of 2025, and net income of $5.9 million, or $1.24 per share, for the fourth quarter of 2024. Annual net income for the year ended December 31, 2025 of $15.1 million, or $3.14 per share, was inclusive of a $17.5 million loss on the sale of securities as part of the Corporation's balance sheet repositioning. Net income for the year ended December 31, 2024 was $23.7 million, or $4.96 per share. “Fourth quarter results highlight the sustained benefits of the Corporation’s strategic repositioning efforts throughout the year,” said Anders M. Tomson, President and CEO of Chemung Financial Corporation. “Meaningful expansion in net interest margin of 16 basis points compared to the prior quarter, combined with strong commercial loan growth across key markets, reflects our continued ability to support high-quality client demand while maintaining disciplined funding cost management,” Tomson added. “As we close out 2025, I want to thank our customers for their continued trust and partnership, and our colleagues across Chemung Financial Corporation for their dedication to making a meaningful difference for the individuals, businesses, and communities we serve,” added Tomson. “We enter 2026 with a clear and disciplined focus on strengthening our capabilities, enhancing how we serve our customers, and improving our processes to build greater scale, resiliency, and sustainable growth," ended Tomson. Fourth Quarter and Full Year 2025 Highlights: Non-GAAP net income and earnings per share, excluding the impact of one time items in the second quarter of 2025, was $27.9 million and $5.80, respectively for the year ended December 31, 2025, compared to $23.7 million and $4.96, respectively for the prior year, increases of 17.8% and 17.0%.1 Net interest margin increased 16 basis points, to 3.61%, for the fourth quarter 2025, compared to 3.45% for the third quarter 2025. Net interest margin for the year ended December 31, 2025 increased 50 basis points to 3.26%, compared to 2.76% for the prior year.1 Annual loan growth in 2025 totale...
Investor releaseQuarter not tagged2026-01-27Chemung Financial (CHMG) Q4 Earnings and Revenues Top Estimates
Zacks
Chemung Financial (CHMG) Q4 Earnings and Revenues Top Estimates
Chemung Financial (CHMG) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.6 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +0.63%. A quarter ago, it was expected that this financial holding company would post earnings of $1.68 per share when it actually produced earnings of $1.62, delivering a surprise of -3.57%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Chemung Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $30.59 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 5.11%. This compares to year-ago revenues of $25.88 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Chemung Financial shares have added about 1.8% since the beginning of the year versus the S&P 500's gain of 1%. While Chemung Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. 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. Ahead of this earnings release, the estimate revisions trend for Chemung Financial was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete...
Investor releaseQuarter not tagged2026-01-27Chemung Financial: Q4 Earnings Snapshot
Associated Press Finance
Chemung Financial: Q4 Earnings Snapshot
ELMIRA, N.Y. (AP) — ELMIRA, N.Y. (AP) — Chemung Financial Corp. (CHMG) on Monday reported net income of $7.7 million in its fourth quarter. The bank, based in Elmira, New York, said it had earnings of $1.61 per share. The financial holding company posted revenue of $40.9 million in the period. Its revenue net of interest expense was $30.6 million, which beat Street forecasts. For the year, the company reported profit of $15.1 million, or $3.14 per share. Revenue was reported as $95.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHMG at https://www.zacks.com/ap/CHMG
Investor releaseQuarter not tagged2026-01-153 Growth Companies With High Insider Ownership Expecting Up To 120% Earnings Growth
Simply Wall St.
3 Growth Companies With High Insider Ownership Expecting Up To 120% Earnings Growth
As the U.S. stock market navigates a period of volatility, with major indexes closing lower amidst investor concerns over inflation data and earnings reports, identifying growth companies with strong fundamentals becomes increasingly important. In this context, companies that not only showcase potential for significant earnings growth but also demonstrate high insider ownership can offer a compelling case for investors seeking stability and alignment of interests in uncertain times. Click here to see the full list of 210 stocks from our Fast Growing US Companies With High Insider Ownership screener. Let's uncover some gems from our specialized screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: GBank Financial Holdings Inc. is a bank holding company for GBank, offering banking services to commercial and consumer customers in Nevada, with a market cap of $465.35 million. Operations: The company's revenue is derived from its banking services segment, which generated $67.42 million. Insider Ownership: 28.9% Earnings Growth Forecast: 49.8% p.a. GBank Financial Holdings is experiencing significant growth prospects, with earnings expected to increase by 49.8% annually, outpacing the US market average of 16.1%. Despite a high level of bad loans at 3.7%, recent strategic alliances, such as those with BoltBetz and Konami's SYNKROS system, highlight its expansion in fintech and gaming sectors. Insider activity shows more shares have been sold than bought recently, which could be a point of concern for potential investors. Navigate through the intricacies of GBank Financial Holdings with our comprehensive analyst estimates report here. The analysis detailed in our GBank Financial Holdings valuation report hints at an inflated share price compared to its estimated value. Simply Wall St Growth Rating: ★★★★★☆ Overview: So-Young International Inc. operates an online platform for consumption healthcare services in the People’s Republic of China with a market cap of $267.03 million. Operations: Revenue Segments (in millions of CN¥): Insider Ownership: 25.1% Earnings Growth Forecast: 120.8% p.a. So-Young International is poised for rapid growth, with revenue expected to increase by 28.6% annually, surpassing the US market average. Despite a volatile share price and recent executive changes, including the resignation of CFO Hui Zhao, the company remains focused on becomin...
Investor releaseQuarter not tagged2025-11-19Chemung Financial Corporation Announces Quarterly Dividend
GlobeNewswire
Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.34 per share, payable on January 2, 2026, to common stock shareholders of record as of the close of business on December 19, 2025. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 30 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 subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance. This press release may be found at www.chemungcanal.com Category: Financial Source: Chemung Financial Corp Contact: Scott T. Heffner Senior Vice President, Director of Marketing (607) 737-3706 [email protected]

