Chemung Financial Corp (CHMG) News & EventsCHMGNews & EventsChemung Financial Corp

Chemung Financial Raises Quarterly Cash Dividend to 36 Cents

Chemung Financial's Board of Directors has approved a dividend increase of 2c per share, raising its quarterly cash dividend to 36c per share, payable on October 1, to common stock shareholders of record as of the close of business on September 17.

Company Reports Q2 Net Interest Income of $24.7M

Reports Q2 net interest income $24.7M vs. $20.8M last year. Reports Q2 net interest margin expanded 62 basis points to 3.67%. Reports total assets were $2.82B as of June 30, 2026. Reports Q2 book value per share rose to $55.88 and tangible book value per share rose to $51.37. Reports Q2 provision for credit losses was $0.6M. Reports net charge-offs were $0.2M. "One year after initiating our balance sheet repositioning, the positive trajectory of the Corporation's operating results demonstrates the effectiveness of the actions we took to enhance earnings power, improve balance sheet flexibility, and better position the organization for long-term success," said Anders Tomson, president and CEO.

Chemung Financial Reports Q1 Tangible Book Value of $49.85

Reports Q1 tangible book value per share $49.85. "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 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.