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Chemung Financial Q1 2023 Earnings Report

Chemung Financial logo
$50.05 +0.35 (+0.70%)
(As of 12/20/2024 05:16 PM ET)

Chemung Financial EPS Results

Actual EPS
$1.54
Consensus EPS
$1.39
Beat/Miss
Beat by +$0.15
One Year Ago EPS
N/A

Chemung Financial Revenue Results

Actual Revenue
$25.37 million
Expected Revenue
$24.85 million
Beat/Miss
Beat by +$520.00 thousand
YoY Revenue Growth
N/A

Chemung Financial Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Chemung Financial Earnings Headlines

Chemung Financial assumed with a Neutral at Piper Sandler
AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
Chemung Financial Corp CHMG
Chemung Financial Corporation Announces Quarterly Dividend
See More Chemung Financial Headlines
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About Chemung Financial

Chemung Financial (NASDAQ:CHMG) operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

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