Chemung Financial Corporation reports news centered on community banking, trust services, wealth management and related financial services through Chemung Canal Trust Company and CFS Group, Inc. The company’s updates commonly cover quarterly earnings, net interest income and margin trends, loan and deposit activity, commercial lending, credit quality, and market activity across its New York footprint.
Recurring announcements also include common-stock dividends, balance sheet and securities-portfolio actions, subordinated debt and capital-management developments, investor presentations, and third-party credit ratings. Company news frequently ties operating results to Core Banking, Wealth Management, and CFS-related activities.
Chemung Financial (Nasdaq: CHMG) has declared a quarterly cash dividend of $0.31 per share. This dividend will be payable on July 1, 2024, to shareholders of record by June 17, 2024. Chemung Financial , headquartered in Elmira, New York, is a $2.8 billion financial services holding company. It operates 31 offices through its main subsidiary, Chemung Canal Trust Company, which is the oldest community bank in New York State. The also owns CFS Group, offering various financial services such as mutual funds, annuities, and tax preparation.
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