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Chemung Financial Corporation Announces Dividend Increase


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ELMIRA, N.Y., May 20, 2021 (GLOBE NEWSWIRE) Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.05 per share, equal to a quarterly cash dividend of $0.31 per share, payable on July 1, 2021 to common stock shareholders of record as of the close of business on June 17, 2021. This represents a dividend increase of 19.2 percent.
Anders M. Tomson, President and CEO stated, “We are pleased that our Company’s strong financial results have allowed us to increase our cash dividend. This continues our long history of paying uninterrupted cash dividends, and we are proud to reward our shareholders with this dividend increase.” ....

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Chemung Financial Corporation Reports First Quarter 2021 Net Income of $6.5 million, or $1.39 per Share


Chemung Financial Corporation Reports First Quarter 2021 Net Income of $6.5 million, or $1.39 per Share
ELMIRA, N.Y., April 22, 2021 (GLOBE NEWSWIRE) Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $6.5 million, or $1.39 per share, for the first quarter of 2021, compared to $2.5 million, or $0.51 per share, for the first quarter of 2020.
“I am pleased to report earnings of $6.5 million, or $1.39 per share, for the first quarter of 2021, the second highest in the near 188-year history of our Company,” according to Anders M. Tomson, President and CEO of Chemung Financial Corporation. “We began the year continuing to support our customers as the next phase of the Paycheck Protection Program launched early in the quarter, and, we assisted with the forgiveness process for others. Additionally we facilitated the dispersal of over 20,000 Economic Impact P ....

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Chemung Financial Corporation Announces Quarterly Dividend Nasdaq:CHMG


( MENAFN - GlobeNewsWire - Nasdaq E )LMIRA, N.Y., Feb. 18, 2021 (GLOBE NEWSWIRE) Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per share, payable on April 1, 2021 to common stock shareholders of record as of the close of business on March 18, 2021.
Chemung Financial Corporation is a $2.3 billion financial services holding company headquartered in Elmira, New York and operates 30 retail offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance, and Chemung Risk Management, ....

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