Welcome to our dedicated page for Chemung Financia news (Ticker: CHMG), a resource for investors and traders seeking the latest updates and insights on Chemung Financia stock.
Chemung Financial Corporation (NASDAQ: CHMG) is a financial services holding company in the commercial banking industry, headquartered in Elmira, New York. Through its principal subsidiary, Chemung Canal Trust Company, and its financial services subsidiary, CFS Group, Inc., the corporation issues frequent public updates that are reflected in its news flow.
News about Chemung Financial Corporation commonly includes quarterly and annual earnings releases, where the company discusses net income, net interest income, loan growth, deposit trends, non-interest income, and credit loss provisions. Management commentary in these releases addresses balance sheet repositioning, funding costs, loan growth in key markets, and the performance of divisions such as the Canal Bank and Chemung Canal divisions.
Investors following CHMG can also expect dividend announcements, including declarations of quarterly cash dividends and any increases approved by the Board of Directors. These dividend updates are often accompanied by Form 8-K filings that provide details on per-share amounts, record dates, and payment dates.
Additional news items include regulatory filings and investor communications, such as notices of management’s participation in investor conferences, availability of investor presentations, and credit rating actions by external rating agencies. Rating reports have discussed the company’s funding profile, loan portfolio characteristics, capital ratios, and asset quality trends.
For market participants, the Chemung Financial Corporation news stream offers insight into its community banking operations, wealth management activities, capital and funding decisions, and shareholder distributions. Regular updates on earnings, dividends, and strategic balance sheet actions make the CHMG news page a useful reference for tracking developments at this regional financial services holding company.
Chemung Financial Corporation (Nasdaq: CHMG) announced a quarterly cash dividend of $0.34 per share, payable April 1, 2026, to shareholders of record at the close of business March 18, 2026. The company reported total assets of $2.7 billion and operates 30 offices through Chemung Canal Trust Company.
The company provides community banking, trust services, and non‑traditional financial services through its subsidiary CFS Group, including mutual funds, annuities, brokerage, tax preparation and insurance.
Chemung Financial Corporation (Nasdaq: CHMG) reported fourth quarter 2025 net income of $7.7 million, or $1.61 per share, and annual GAAP net income of $15.1 million, or $3.14 per share, which included a $17.5 million loss on sales of available-for-sale securities tied to a balance sheet repositioning. Non-GAAP net income (ex-one-time items) was $27.9 million for 2025, up 17.8% year-over-year. Key operating metrics: full-year net interest margin rose to 3.26% (up 50 bps YoY) and annual loan growth was $198.1 million (9.6%), with commercial loans up 14.3%.
Chemung Financial Corporation (Nasdaq: CHMG) declared a quarterly cash dividend of $0.34 per share, payable on January 2, 2026 to shareholders of record at the close of business on December 19, 2025. The company 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.
The announcement covers dividend amount, payment date, and record date and notes the company’s subsidiaries offering trust, brokerage, annuities, tax, and insurance services.
Chemung Financial (Nasdaq: CHMG) reported 3Q2025 net income $7.8M, or $1.62 per share, versus a net loss of $6.5M in 2Q2025 and net income $5.7M in 3Q2024. Net interest income rose to $22.7M (+9.1% QoQ; +23.4% YoY) and fully taxable equivalent net interest margin improved to 3.45% (up 40 bps QoQ). Average yield on interest-earning assets increased 32 bps to 5.15%; cost of funds fell to 1.85%. Year-to-date loan growth annualized ~8.4%, commercial loans +13.6% annualized. The board raised the quarterly dividend by $0.02 (6.3%). Provision for credit losses was $1.1M; non-interest income recovered after a prior-quarter securities sale loss.
Chemung Financial Corporation (Nasdaq: CHMG) has announced a dividend increase of $0.02 per share, bringing the quarterly cash dividend to $0.34 per share. The dividend will be payable on October 1, 2025, to shareholders of record as of September 17, 2025.
This marks the second dividend increase in 2025, representing a 6.3% increase over the previous quarterly dividend. The cumulative increases during 2025 total $0.03 per share, or 9.7%. The company, with $2.9 billion in assets, operates 30 offices through its subsidiary Chemung Canal Trust Company, established in 1833.
Chemung Financial Corporation (Nasdaq: CHMG) reported a net loss of $6.5 million, or $1.35 per share, for Q2 2025, compared to net income of $6.0 million in Q1 2025 and $5.0 million in Q2 2024. The loss was primarily due to a strategic balance sheet repositioning that included:
The company executed two major initiatives: issuing $45.0 million in subordinated notes and selling $245.5 million of available-for-sale securities, resulting in a $17.5 million pre-tax loss. Excluding one-time items, non-GAAP net income was $6.3 million ($1.31 per share).
Net interest margin improved to 3.05% from 2.96% in Q1 2025. The company maintained its quarterly dividend at $0.32 per share.
Chemung Financial Corporation (Nasdaq: CHMG) has declared a quarterly cash dividend of $0.32 per share, payable on July 1, 2025, to shareholders of record as of June 17, 2025. The company, with a market capitalization of $2.8 billion, operates through its main subsidiary, Chemung Canal Trust Company, which manages 30 offices and holds the distinction of being New York State's oldest locally-owned and managed community bank, established in 1833. The corporation also owns CFS Group, Inc., which provides additional financial services including mutual funds, annuities, brokerage services, tax preparation, and insurance.
Chemung Financial (NASDAQ: CHMG) reported Q1 2025 net income of $6.0 million, or $1.26 per share, compared to $5.9 million in Q4 2024 and $7.1 million in Q1 2024.
Key highlights include:
- Quarterly dividend increased by 3.2% to $0.32 per share
- Net interest margin expanded to 2.96% from 2.92% in Q4 2024
- Interest rate spread increased to 2.17% from 2.06% in Q4 2024
- Annualized loan growth of 5.1%, with commercial loan growth of 10.5%
- Western New York Canal Bank division showed strong performance with 14.9% loan growth and 82.0% deposit growth year-over-year
Net interest income remained stable at $19.8 million, with decreased interest expense on deposits offset by lower interest income on loans and securities. Non-interest income decreased 3.3% to $5.9 million, while non-interest expense decreased 5.1% to $16.9 million compared to Q4 2024.
Chemung Financial (Nasdaq: CHMG) has announced a dividend increase of $0.01 per share, bringing the quarterly cash dividend to $0.32 per share. The dividend represents a 3.2% increase and will be payable on April 1, 2025, to shareholders of record as of March 18, 2025.
The increase comes as a result of the 's strong financial performance, according to President and CEO Anders M. Tomson. Chemung Financial is a $2.8 billion financial services holding company headquartered in Elmira, New York, operating 30 offices through its principal subsidiary, Chemung Canal Trust Company, which was established in 1833 and is New York State's oldest locally-owned and managed community bank.