Unavailable
Unavailable
Save time and jump to the most important pieces.
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/20/2024 | $57.00 | Neutral | Piper Sandler |
ELMIRA, 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
ELMIRA, 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
ELMIRA, 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
SC 13G/A - CHEMUNG FINANCIAL CORP (0000763563) (Subject)
SC 13G/A - CHEMUNG FINANCIAL CORP (0000763563) (Filed by)
SC 13G - CHEMUNG FINANCIAL CORP (0000763563) (Subject)
DEFA14A - CHEMUNG FINANCIAL CORP (0000763563) (Filer)
DEF 14A - CHEMUNG FINANCIAL CORP (0000763563) (Filer)
8-K - CHEMUNG FINANCIAL CORP (0000763563) (Filer)
4 - CHEMUNG FINANCIAL CORP (0000763563) (Issuer)
4 - CHEMUNG FINANCIAL CORP (0000763563) (Issuer)
4 - CHEMUNG FINANCIAL CORP (0000763563) (Issuer)
Piper Sandler resumed coverage of Chemung Financial with a rating of Neutral and set a new price target of $57.00
ELMIRA, 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
ELMIRA, 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
ELMIRA, 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
4 - CHEMUNG FINANCIAL CORP (0000763563) (Issuer)
4 - CHEMUNG FINANCIAL CORP (0000763563) (Issuer)
4 - CHEMUNG FINANCIAL CORP (0000763563) (Issuer)
ELMIRA, N.Y., June 02, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ:CHMG), parent company of Chemung Canal Trust Company, today announced that Dale M. McKim III will join the Bank's management team as Executive Vice President, Chief Financial Officer and Treasurer. Mr. McKim will also serve as Chief Financial Officer and Treasurer of Chemung Financial Corporation. McKim brings more than 25 years of finance and risk-management experience to the Company, most recently working as Chief Risk Officer for Evans Bank and as a Partner/Senior Manager at KPMG LLP in Buffalo. He will officially join the Company on July 1, 2023, following the previously announced retirement of Karl
ELMIRA, N.Y., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, announced today that the Board of Directors of the Corporation approved a new stock repurchase program whereby the Corporation may repurchase up to 250,000 shares of its common stock, or approximately 5% of its outstanding shares. The Corporation will not initiate the stock repurchase program until after the release of the Corporation’s year-end earnings. The repurchase program permits shares to be repurchased in open market or privately negotiated transactions, through block trades, and pursuant to any trading plan that may b