Chemung Financial Reports Third Quarter Net Income of $12 Million

October 22, 2026 - 22:20

Chemung Financial Corp. announced Thursday that it recorded net income of $12 million for its third quarter, according to the company's latest earnings report.

The Elmira, New York-based bank said its earnings amounted to $2 per share during the period. The results reflect the financial institution's performance over the three months ending in September.

Chemung Financial operates through its subsidiary, Chemung Canal Trust Company, serving communities across New York's Southern Tier and the Finger Lakes region. The bank provides a range of commercial and consumer banking services, along with wealth management offerings, through its branch network.

The quarterly figures provide investors and analysts with a snapshot of the bank's profitability during a period marked by shifting interest rates and evolving economic conditions across the banking sector. Regional banks have been navigating a complex environment, balancing loan growth against deposit costs and credit quality concerns.

The company's shares trade on the Nasdaq under the ticker symbol CHMG. Additional details about the bank's balance sheet, loan portfolio performance, and net interest margin were not immediately available in the initial earnings snapshot.

Chemung Financial has maintained a presence in upstate New York for well over a century, positioning itself as a community-oriented institution focused on local lending and personalized banking services.