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Chemung Financial (CHMG) sets $0.34 per share quarterly cash dividend

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Chemung Financial Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share. The dividend will be paid on April 1, 2026 to common shareholders of record at the close of business on March 18, 2026.

Chemung Financial is a $2.7 billion financial services holding company headquartered in Elmira, New York, operating 30 offices through Chemung Canal Trust Company, a full-service community bank, and CFS Group, Inc., which offers additional financial and insurance services.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  February 17, 2026 (February 17, 2026)

_______________________________

CHEMUNG FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

_______________________________

New York001-3574116-1237038
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

One Chemung Canal Plaza

Elmira, New York 14901

(Address of Principal Executive Offices) (Zip Code)

(607) 737-3711

(Registrant's telephone number, including area code)

 

(Former name or former address, if changed since last report)

_______________________________

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.01 per shareCHMGThe Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 
 
Item 8.01. Other Events.

 

On February 17, 2026, Chemung Financial Corporation (Nasdaq: CHMG) issued a press release announcing the declaration of a cash dividend of $0.34 per share, payable April 1, 2026, to common stock shareholders of record as of the close of business on March 18, 2026.

 

A copy of the press release is attached as Exhibit 99.1 to this report.

 

Item 9.01. Financial Statements and Exhibits.

(d)       Exhibits

Exhibit No.  
   
99.1 Press Release of Chemung Financial Corporation dated February 17, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 CHEMUNG FINANCIAL CORPORATION
   
  
Date: February 17, 2026By: /s/ Dale M. McKim III        
  Dale M. McKim III
  Chief Financial Officer and Treasurer
  

 

EXHIBIT 99.1

Chemung Financial Corporation Announces Quarterly Dividend

ELMIRA, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.34 per share, payable on April 1, 2026, to common stock shareholders of record as of the close of business on March 18, 2026.

Chemung Financial Corporation 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, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance.

This press release may be found at www.chemungcanal.com

Category: Financial

Source: Chemung Financial Corp

Contact:
Scott T. Heffner
Senior Vice President, Director of Marketing
(607) 737-3706
Stheffner@chemungcanal.com

FAQ

What dividend did Chemung Financial Corporation (CHMG) declare in this 8-K?

Chemung Financial Corporation declared a quarterly cash dividend of $0.34 per share. The payment applies to its common stock and reflects the Board’s decision to return cash to shareholders as part of its ongoing capital management approach.

When will Chemung Financial Corporation (CHMG) pay the new dividend?

The declared quarterly dividend will be paid on April 1, 2026. Shareholders who are on record as owning Chemung Financial common stock by the close of business on March 18, 2026 will be eligible to receive this cash payment.

What is the record date for Chemung Financial Corporation (CHMG)’s $0.34 dividend?

The record date for Chemung Financial’s quarterly dividend is March 18, 2026. Investors must be shareholders of record at the close of business on that date to receive the $0.34 per share cash dividend paid on April 1, 2026.

How large is Chemung Financial Corporation (CHMG) and what are its main operations?

Chemung Financial Corporation is a $2.7 billion financial services holding company. It operates 30 offices mainly through Chemung Canal Trust Company, a full-service community bank with trust powers, and CFS Group, Inc., which offers brokerage, mutual funds, annuities, tax preparation, and insurance.

What subsidiaries does Chemung Financial Corporation (CHMG) operate?

Chemung Financial operates primarily through Chemung Canal Trust Company, a full-service community bank, and CFS Group, Inc.. CFS Group provides non-traditional financial services, including mutual funds, annuities, brokerage, tax preparation, and insurance products to complement the bank’s core offerings.

Where is Chemung Financial Corporation (CHMG) headquartered and how long has it operated?

Chemung Financial is headquartered in Elmira, New York. Its principal banking subsidiary, Chemung Canal Trust Company, was established in 1833 and is described as the oldest locally owned and managed community bank in New York State, highlighting a long operating history.

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Chemung Financia

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