Chemung Financial reports second-quarter net income of $8.8 million

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Chemung Financial Corporation reported net income of $8.8 million, or $1.82 per share, for the second quarter of 2026. This compares to net income of $9.2 million, or $1.91 per share, in the first quarter of 2026, and a net loss of $6.5 million, or $1.35 per share, in the second quarter of 2025. Net interest income rose 18.8% year-over-year to $24.7 million, while the fully taxable equivalent net interest margin expanded 62 basis points to 3.67%. Total assets reached $2.820 billion as of June 30, 2026, and the company declared a quarterly dividend of $0.34 per share.

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Chemung Financial Corp
CHMG
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Reported net income of $8.8 million, improved from net loss a year ago, with rising net interest income and margin.