Business

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'

articleChemung Financial CorpApril 17, 202641/company/chemung-financial-corp/news/chemung-financial-corporation-reports-record-quarterly-results-first-quarter-2026-net-income-of-dollar92-million-or-dollar191-per-share
Chemung Financial Corporation Reports Record Quarterly Results; First Quarter 2026 Net Income of $9.2 million, or $1.91 per share

About this update from Chemung Financial Corp

[{"type":"image","alt":"Chemung Financial Corp","displaySize":"","headline":null,"caption":"Chemung Financial Corp","className":"","disableSlideshowImg":false,"size":{"original":{"width":255,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/4beffc6ba0a2be9402dc6d1e5e27f55a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/XmvXgSKMk4wzycPonXKNTg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQ5NA--/https://media.zenfs.com/en/globenewswire.com/4beffc6ba0a2be9402dc6d1e5e27f55a","width":255,"height":300}},"lazy":false},{"type":"text","content":"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.","length":447,"tagName":"p"},{"type":"text","content":"“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.","length":537,"tagName":"p"},{"type":"text","content":""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.","length":490,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Highlights:","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income and earnings per share of $9.2 million and $1.91, respectively, each rep...

More updates from Chemung Financial Corp

the CorporationChemung Canal Trust Companyinterest incomecommercial loansChemung Financial CorporationCorporationChemung Canal Trust Companydecrease