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CHMG - Dividend announcements
Chemung Financial Corp (CHMG) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for CHMG
- Chemung Financial Corporation Reports Record Quarterly Results; First Quarter 2026 Net Income of $9.2 million, or $1.91 per shareELMIRA, 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'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 r
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, 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 F
- Chemung Financial Corporation Reports Fourth Quarter 2025 Net Income of $7.7 million, or $1.61 per share & Annual Financial ResultsELMIRA, N.Y., Jan. 26, 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 $7.7 million, or $1.61 per share, for the fourth quarter of 2025, compared to net income of $7.8 million, or $1.62 per share, for the third quarter of 2025, and net income of $5.9 million, or $1.24 per share, for the fourth quarter of 2024. Annual net income for the year ended December 31, 2025 of $15.1 million, or $3.14 per share, was inclusive of a $17.5 million loss on the sale of securities as part of the Corporation's balance sheet repositioning. Net income for the year ended Decemb
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Nov. 18, 2025 (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 January 2, 2026, to common stock shareholders of record as of the close of business on December 19, 2025. 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. Chem
- Chemung Financial Corporation Reports Third Quarter 2025 Net Income of $7.8 million, or $1.62 per shareELMIRA, N.Y., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $7.8 million, or $1.62 per share, for the third quarter of 2025, compared to a net loss of $6.5 million, or $1.35 per share, for the second quarter of 2025, and net income of $5.7 million, or $1.19 per share, for the third quarter of 2024. "Third quarter results demonstrate the importance of the Corporation's balance sheet repositioning efforts undertaken over the past two quarters. Net interest income growth of $1.9 million, or approximately 9% compared to the prior quarter, reflects t
- Chemung Financial Corporation Announces Dividend IncreaseELMIRA, N.Y., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a dividend increase of $0.02 per share, equal to a quarterly cash dividend of $0.34 per share, payable on October 1, 2025 to common stock shareholders of record as of the close of business on September 17, 2025. "We are pleased to announce that for the second time during 2025 the Corporation has decided to raise its quarterly dividend. The $0.02 raise represents a 6.3% increase over the prior quarterly dividend and brings cumulative increases during 2025 to $0.03 per share, or 9.7%," said Anders M. Tomson, President and CEO of Chemung Financi
- Chemung Financial Corporation Reports Second Quarter 2025 ResultsELMIRA, N.Y., July 17, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported a net loss of $6.5 million, or $1.35 per share, for the second quarter of 2025, compared to net income of $6.0 million, or $1.26 per share, for the first quarter of 2025, and net income of $5.0 million, or $1.05 per share, for the second quarter of 2024. "The Corporation executed two major components of a transformational balance sheet repositioning in the second quarter by issuing subordinated debt and selling a significant portion of our securities portfolio," said Anders M. Tomson, President and C
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.32 per share, payable on July 1, 2025, to common stock shareholders of record as of the close of business on June 17, 2025. Chemung Financial Corporation is a $2.8 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 Fina
- Chemung Financial Corporation Reports First Quarter 2025 Net Income of $6.0 million, or $1.26 per shareELMIRA, N.Y., April 18, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $6.0 million, or $1.26 per share, for the first quarter of 2025, compared to $5.9 million, or $1.24 per share, for the fourth quarter of 2024, and $7.1 million, or $1.48 per share, for the first quarter of 2024. "First quarter results demonstrate steady ongoing delivery of the Corporation's strategic plan," said Anders M. Tomson, President and CEO of Chemung Financial Corporation. "Attentive balance sheet management has allowed us to effectively reduce funding costs while growing our a
- Chemung Financial Corporation Announces Dividend IncreaseELMIRA, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a dividend increase of $0.01 per share, equal to a quarterly cash dividend of $0.32 per share, payable on April 1, 2025, to common stock shareholders of record as of the close of business on March 18, 2025. This represents a dividend increase of 3.2%. "As a result of our Corporation's strong financial performance, we are pleased to reward our shareholders with an increase to the quarterly dividend," stated Anders M. Tomson, President and CEO of Chemung Financial Corporation. Chemung Financial Corporation is a $2.8 billion financial services
- Chemung Financial Corporation Reports Annual Net Income of $23.7 million, or $4.96 per share, and Fourth Quarter 2024 Net Income of $5.9 million, or $1.24 per shareELMIRA, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $23.7 million, or $4.96 per share, for the year ended December 31, 2024, compared to $25.0 million, or $5.28 per share, for the year ended December 31, 2023. Net income was $5.9 million, or $1.24 per share, for the fourth quarter of 2024, compared to $5.7 million, or $1.19 per share, for the third quarter of 2024, and $3.8 million, or $0.80 per share, for the fourth quarter of 2023. "A prudent and relationship-based effort to manage funding costs provided a tailwind for fourth quarter e
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on January 2, 2025, to common stock shareholders of record as of the close of business on December 19, 2024. Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Chem
- Chemung Financial Corporation Reports Third Quarter 2024 Net Income of $5.7 million, or $1.19 per shareELMIRA, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $5.7 million, or $1.19 per share, for the third quarter of 2024, compared to $5.0 million, or $1.05 per share, for the second quarter of 2024, and $7.6 million, or $1.61 per share, for the third quarter of 2023. "Our balance sheet is well positioned as we enter into this rate cutting cycle. We are seeing the benefit of higher yielding loans driving interest income, while funding costs continue to moderate," said Anders M. Tomson, President and CEO of Chemung Financial Corporation. "Stro
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 1, 2024, to common stock shareholders of record as of the close of business on September 19, 2024. Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Che
- Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per shareELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quarter of 2023. "Commercial credit pipelines remain robust, especially in our Capital District and Western New York markets," said Anders M. Tomson, President and CEO of the Corporation. "Funding costs continue to remain challenging, impacting net interest income expansion commensurate with ou
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on July 1, 2024, to common stock shareholders of record as of the close of business on June 17, 2024. Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 31 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 Fi
- Chemung Financial Corporation Reports First Quarter 2024 Net Income of $7.1 million, or $1.48 per shareELMIRA, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $7.1 million, or $1.48 per share, for the first quarter of 2024, compared to $3.8 million, or $0.80 per share, for the fourth quarter of 2023, and $7.3 million, or $1.54 per share, for the first quarter of 2023. "We have started out 2024 with another strong quarter of results from our core businesses," said Anders M. Tomson, President and CEO of the Corporation. "Improving credit metrics and 6% annualized loan growth in a challenging environment is an endorsement of our client focused
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on April 1, 2024, to common stock shareholders of record as of the close of business on March 18, 2024. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 31 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 F
- Chemung Financial Corporation Reports Annual Net Income of $25.0 million, or $5.28 per share, and Fourth Quarter 2023 Net Income of $3.8 million, or $0.80 per shareELMIRA, N.Y., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $25.0 million, or $5.28 per share, for the year ended December 31, 2023, compared to $28.8 million, or $6.13 per share, for the year ended December 31, 2022. Net income was $3.8 million, or $0.80 per share, for the fourth quarter of 2023, compared to $7.6 million, or $1.61 per share, for the third quarter of 2023, and $7.4 million, or $1.58 per share, for the fourth quarter of 2022. "Our fourth quarter performance was challenged by certain credit related events that we do not believe
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on January 2, 2024 to common stock shareholders of record as of the close of business on December 19, 2023. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Che
- Chemung Financial Corporation Reports Third Quarter 2023 Net Income of $7.6 million, or $1.61 per ShareELMIRA, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $7.6 million, or $1.61 per share, for the third quarter of 2023, compared to $6.5 million, or $1.37 per share, for the third quarter of 2022, and $6.3 million, or $1.33 per share, for the second quarter of 2023. "The Company again demonstrated solid financial performance in the third quarter," said Anders M. Tomson, President and CEO of Chemung Financial Corporation." As evidenced by our loan growth, we are continuing to support our customers while competitors in the marketplace have
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 2, 2023 to common stock shareholders of record as of the close of business on September 18, 2023. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Chem
- Chemung Financial Corporation Reports Second Quarter 2023 Net Income of $6.3 million, or $1.33 per ShareELMIRA, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $6.3 million, or $1.33 per share, for the second quarter of 2023, compared to $8.0 million, or $1.72 per share, for the second quarter of 2022, and $7.3 million, or $1.54 per share, for the first quarter of 2023. "I'm pleased with the financial results for the second quarter," said Anders M. Tomson, President and CEO of Chemung Financial Corporation. "Our focus on balance sheet management allowed us to drive meaningful loan growth, while managing deposit costs in a dynamic environment.
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., May 18, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on July 3, 2023 to common stock shareholders of record as of the close of business on June 20, 2023. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 31 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 Finan
- Chemung Financial Corporation Reports First Quarter 2023 Net Income of $7.3 million, or $1.54 per ShareELMIRA, N.Y., April 20, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $7.3 million, or $1.54 per share, for the first quarter of 2023, compared to $6.9 million, or $1.46 per share, for the first quarter of 2022. "I am pleased to report earnings of $7.3 million, or $1.54 per share, for the first quarter of 2023, the third-highest quarterly earnings in our near 200-year history," according to Anders M. Tomson, President and CEO of Chemung Financial Corporation. "Loan growth and rising interest rates contributed to a 19.6% increase in net interest income,
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on April 3, 2023 to common stock shareholders of record as of the close of business on March 20, 2023. Chemung Financial Corporation is a $2.6 billion financial services holding company headquartered in Elmira, New York and operates 31 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
- Chemung Financial Corporation Reports Annual Net Income of $28.8 million, or $6.13 per share, and Fourth Quarter 2022 Net Income of $7.4 million, or $1.58 per ShareELMIRA, N.Y., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $28.8 million, or $6.13 per share, for the year ended December 31, 2022, compared to $26.4 million, or $5.64 per share, for the year ended December 31, 2021. Net income was $7.4 million, or $1.58 per share, for the fourth quarter of 2022, compared to $6.5 million, or $1.38 per share, for the fourth quarter of 2021. "I am pleased to report strong 2022 results for Chemung Financial Corporation, with earnings totaling $6.13 per share, the highest in our 189-year history," said Anders M. To
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on January 3, 2023 to common stock shareholders of record as of the close of business on December 20, 2022. Chemung Financial Corporation is a $2.6 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Chemu
- Chemung Financial Corporation Reports Third Quarter 2022 Net Income of $6.5 million, or $1.37 per ShareELMIRA, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $6.5 million, or $1.37 per share, for the third quarter of 2022, compared to $6.6 million, or $1.42 per share, for the third quarter of 2021. "I am pleased to report another quarter of strong financial results for Chemung Financial Corporation, with earnings per share of $1.37," said Anders M. Tomson, President and CEO. "Our interest-earning assets continued to contribute meaningfully to our net interest income this quarter, validating our commitment to organic loan growth which was exp
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 3, 2022 to common stock shareholders of record as of the close of business on September 19, 2022. Chemung Financial Corporation is a $2.5 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Chem
- Chemung Financial Corporation Reports Second Quarter 2022 Net Income of $8.0 million, or $1.72 per ShareELMIRA, N.Y., July 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $8.0 million, or $1.72 per share, for the second quarter of 2022, compared to $6.8 million, or $1.45 per share, for the second quarter of 2021. "Chemung Financial Corporation had another record quarter with earnings of $8.0 million, or $1.72 per share," stated Anders M. Tomson, President and CEO. "Our results for the second quarter were driven by a meaningful increase in net interest income, supported by strong organic loan growth pared with rising interest rates. The continued improvem
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., May 18, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on July 1, 2022 to common stock shareholders of record as of the close of business on June 17, 2022. Chemung Financial Corporation is a $2.5 billion financial services holding company headquartered in Elmira, New York and operates 31 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 Finan
- Chemung Financial Corporation Reports First Quarter 2022 Net Income of $6.9 million, or $1.46 per ShareELMIRA, N.Y., April 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $6.9 million, or $1.46 per share, for the first quarter of 2022, compared to $6.5 million, or $1.39 per share, for the first quarter of 2021. Anders M. Tomson, President and CEO of Chemung Financial Corporation, stated: "I am pleased to report strong financial results for the first quarter of 2022, including earnings of $6.9 million, or $1.46 per share. This total represents the highest quarterly earnings per share in our Corporation's long history. Increases in net-interest i
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on April 1, 2022 to common stock shareholders of record as of the close of business on March 18, 2022. Chemung Financial Corporation is a $2.4 billion financial services holding company headquartered in Elmira, New York and operates 31 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
- Chemung Financial Corporation Reports Annual Net Income of $26.4 million, or $5.64 per Share, and Fourth Quarter 2021 Net Income of $6.5 million, or $1.38 per ShareELMIRA, N.Y., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $26.4 million, or $5.64 per share, for the year ended December 31, 2021, compared to $19.3 million, or $4.01 per share, for the year ended December 31, 2020. Net income was $6.5 million, or $1.38 per share, for the fourth quarter of 2021, compared to $5.2 million, or $1.11 per share, for the fourth quarter of 2020. "2021 was a record-setting year for our institution, with net income and earnings per share increasing 37.2 percent and 40.7 percent year-over-year, respectively," said
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on January 3, 2022 to common stock shareholders of record as of the close of business on December 20, 2021. Chemung Financial Corporation is a $2.5 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Che
- Chemung Financial Corporation Reports Third Quarter 2021 Net Income of $6.6 million, or $1.42 per ShareELMIRA, N.Y, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $6.6 million, or $1.42 per share, for the third quarter of 2021, compared to $5.7 million, or $1.19 per share, for the third quarter of 2020. "I am pleased to report another strong quarter of financial results for Chemung Financial Corporation, with earnings per share of $1.42," said Anders M. Tomson, President and CEO. "Our company's continued organic growth in core deposits, loans, and interest-earning assets contributed to these positive third quarter results, along with significant c
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Aug. 20, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 1, 2021 to common stock shareholders of record as of the close of business on September 17, 2021. Chemung Financial Corporation is a $2.5 billion financial services holding company headquartered in Elmira, New York and operates 31 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. Chem
- Chemung Financial Corporation Reports Second Quarter 2021 Net Income of $6.8 million, or $1.45 per ShareELMIRA, N.Y., July 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $6.8 million, or $1.45 per share, for the second quarter of 2021, compared to $5.8 million, or $1.20 per share, for the second quarter of 2020. "Chemung Financial Corporation delivered strong financial results in the second quarter, with earnings per share increasing to $1.45, the highest-recorded number in our nearly 188-year-history," said Anders M. Tomson, President & CEO. "The continued strong performance of our Corporation allowed us to reward our shareholders in May with a quart
- Chemung Financial Corporation Announces Dividend IncreaseELMIRA, N.Y., May 20, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a dividend increase of $0.05 per share, equal to a quarterly cash dividend of $0.31 per share, payable on July 1, 2021 to common stock shareholders of record as of the close of business on June 17, 2021. This represents a dividend increase of 19.2 percent. Anders M. Tomson, President and CEO stated, "We are pleased that our Company's strong financial results have allowed us to increase our cash dividend. This continues our long history of paying uninterrupted cash dividends, and we are proud to reward our shareholders with this dividend incr
- Chemung Financial Corporation Announces Quarterly DividendELMIRA, N.Y., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per share, payable on April 1, 2021 to common stock shareholders of record as of the close of business on March 18, 2021. Chemung Financial Corporation is a $2.3 billion financial services holding company headquartered in Elmira, New York and operates 30 retail 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. Ch