Chemung Financial: Q4 Earnings Snapshot

ELMIRA, N.Y. (AP) _ Chemung Financial Corp. (CHMG) on Thursday reported fourth-quarter net income of $7.4 million. The Elmira, New York-based bank ...

January 26, 2023
3:06 PM

ELMIRA, N.Y. (AP) _ Chemung Financial Corp. (CHMG) on Thursday reported fourth-quarter net income of $7.4 million. The Elmira, New York-based bank said it had earnings of $1.58 per share. The financial holding company posted revenue of $29.9 million in the period. Its revenue net of interest expense was $26.3 million, exceeding Street forecasts. For the year, the company reported profit of $28.8 million, or $6.13 per share. Revenue was reported as $95.6 million. _____