Chemung Financial

Chemung Financial Corp. operates as a holding company. It operates through following segments: Core Banking and Wealth Management Services (WMG). The Core Banking segment attracts deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the local markets of the firm and to invest in securities. The WMG segment provides trust and investment advisory services to clients. The company was founded on January 2, 1985 and is headquartered in Elmira, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Chemung Financial Corp. is a holding company, which engages in the provision of banking, financing, fiduciary, and other financial services. It operates through the Core Banking and Wealth Management Services (WMG) segments. The Core Banking segment attracts deposits from the general public to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the local markets of the firm and to invest in securities. The WMG segment provides trust and investment advisory services to clients. The company was founded on January 2, 1985 and is headquartered in Elmira, NY.

ELMIRA, N.Y., April 20, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $7.3 million, or $1.54 per share, for the first quarter of 2023, compared to $6.9 million, or $1.46 per share, for the first quarter of 2022.

Chemung Financial Corporation Reports First Quarter 2023 Net Income of $7.3 million, or $1.54 per Share

Chemung Financial (CHMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Chemung Financial (CHMG) to Report a Decline in Earnings: What to Look Out for

Chemung Financial (CHMG) delivered earnings and revenue surprises of 8.22% and 6.82%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Chemung Financial (CHMG) Q4 Earnings and Revenues Surpass Estimates

ELMIRA, N.Y., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $28.8 million, or $6.13 per share, for the year ended December 31, 2022, compared to $26.4 million, or $5.64 per share, for the year ended December 31, 2021. Net income was $7.4 million, or $1.58 per share, for the fourth quarter of 2022, compared to $6.5 million, or $1.38 per share, for the fourth quarter of 2021.

Chemung Financial Corporation Reports Annual Net Income of $28.8 million, or $6.13 per share, and Fourth Quarter 2022 Net Income of $7.4 million, or $1.58 per Share

ELMIRA, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $6.5 million, or $1.37 per share, for the third quarter of 2022, compared to $6.6 million, or $1.42 per share, for the third quarter of 2021.

Chemung Financial Corporation Reports Third Quarter 2022 Net Income of $6.5 million, or $1.37 per Share

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?

Chemung Financial (CHMG) Could Be a Great Choice

Earnings Preview: Chemung Financial (CHMG) Q3 Earnings Expected to Decline

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PBR, MOV and CHMG made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 7, 2022.

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Why Chemung Financial (CHMG) is a Great Dividend Stock Right Now

Why Chemung Financial (CHMG) is a Top Dividend Stock for Your Portfolio

Chemung Financial (CHMG) is a Top Dividend Stock Right Now: Should You Buy?

This is Why Chemung Financial (CHMG) is a Great Dividend Stock

Chemung Financial (CHMG) delivered earnings and revenue surprises of 42.50% and 1.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Chemung Financial (CHMG) Q2 Earnings and Revenues Surpass Estimates

ELMIRA, N.Y., July 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $8.0 million, or $1.72 per share, for the second quarter of 2022, compared to $6.8 million, or $1.45 per share, for the second quarter of 2021.

Chemung Financial Corporation Reports Second Quarter 2022 Net Income of $8.0 million, or $1.72 per Share

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CHMG, CQP, VRNA, JBI and SYY have been added to the Zacks Rank #1 (Strong Buy) List on July 14, 2022.

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Chemung Financial (CHMG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Chemung Financial (CHMG) Upgraded to Strong Buy: Here's Why

Chemung Financial (CHMG) delivered earnings and revenue surprises of 17.74% and 0.93%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Chemung Financial (CHMG) Beats Q1 Earnings and Revenue Estimates

ELMIRA, N.Y., April 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $6.9 million, or $1.46 per share, for the first quarter of 2022, compared to $6.5 million, or $1.39 per share, for the first quarter of 2021.

Chemung Financial Corporation Reports First Quarter 2022 Net Income of $6.9 million, or $1.46 per Share

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Chemung Financial Corp (CHMG) Stock Undervalued Right Now?

Chemung Financial (CHMG) delivered earnings and revenue surprises of 7.81% and 2.95%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Chemung Financial (CHMG) Q4 Earnings and Revenues Beat Estimates

ELMIRA, N.Y., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $26.4 million, or $5.64 per share, for the year ended December 31, 2021, compared to $19.3 million, or $4.01 per share, for the year ended December 31, 2020. Net income was $6.5 million, or $1.38 per share, for the fourth quarter of 2021, compared to $5.2 million, or $1.11 per share, for the fourth quarter of 2020.

Chemung Financial Corporation Reports Annual Net Income of $26.4 million, or $5.64 per Share, and Fourth Quarter 2021 Net Income of $6.5 million, or $1.38 per Share

Chemung Financial (CHMG) Earnings Expected to Grow: What to Know Ahead of Q4 Release

Chemung Financial (CHMG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Chemung Financial (CHMG) Gain on Rising Earnings Estimates?

Chemung Financial (CHMG) delivered earnings and revenue surprises of 16.39% and 6.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Chemung Financial (CHMG) Tops Q3 Earnings and Revenue Estimates

ELMIRA, N.Y, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $6.6 million, or $1.42 per share, for the third quarter of 2021, compared to $5.7 million, or $1.19 per share, for the third quarter of 2020.

Chemung Financial Corporation Reports Third Quarter 2021 Net Income of $6.6 million, or $1.42 per Share

News for Chemung Financial Stock (CHMG)