Chemung Financial (CHMG) Expected to Release Quarterly Earnings on Thursday

Chemung Financial (NASDAQ:CHMG) is projected to post its Q2 2026 results before the market opens on Thursday, July 16th. Analysts expect the company to post earnings of $1.77 per share and revenue of $30.5190 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 17, 2026 at 12:30 PM ET.

Chemung Financial (NASDAQ:CHMG) last issued its quarterly earnings data on Friday, April 17th. The bank reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.28. Chemung Financial had a net margin of 12.77% and a return on equity of 12.45%. The firm had revenue of $29.90 million during the quarter, compared to analysts’ expectations of $29.21 million. On average, analysts expect Chemung Financial to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Chemung Financial Stock Down 1.5%

Shares of NASDAQ:CHMG opened at $73.18 on Thursday. The company has a 50 day moving average price of $70.28 and a two-hundred day moving average price of $61.89. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $352.73 million, a PE ratio of 19.31 and a beta of 0.59. Chemung Financial has a 52 week low of $48.61 and a 52 week high of $76.68.

Chemung Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 17th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Wednesday, June 17th. Chemung Financial’s dividend payout ratio is 35.88%.

Insiders Place Their Bets

In other news, Director Thomas R. Tyrrell sold 788 shares of Chemung Financial stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $65.33, for a total value of $51,480.04. Following the sale, the director directly owned 8,050 shares in the company, valued at $525,906.50. This trade represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 12.69% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its stake in Chemung Financial by 0.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 179,669 shares of the bank’s stock valued at $10,026,000 after buying an additional 1,331 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Chemung Financial by 16.1% in the 2nd quarter. Geode Capital Management LLC now owns 93,270 shares of the bank’s stock valued at $4,521,000 after acquiring an additional 12,917 shares in the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of Chemung Financial by 2.3% in the 3rd quarter. Bridgeway Capital Management LLC now owns 77,763 shares of the bank’s stock valued at $4,084,000 after acquiring an additional 1,771 shares in the last quarter. State Street Corp grew its holdings in shares of Chemung Financial by 2.1% in the 4th quarter. State Street Corp now owns 58,671 shares of the bank’s stock valued at $3,294,000 after acquiring an additional 1,210 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Chemung Financial by 44.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 39,056 shares of the bank’s stock valued at $2,179,000 after acquiring an additional 11,981 shares during the last quarter. Institutional investors own 47.50% of the company’s stock.

Analyst Ratings Changes

CHMG has been the subject of several research analyst reports. Zacks Research cut shares of Chemung Financial from a “strong-buy” rating to a “hold” rating in a report on Friday, June 5th. Weiss Ratings raised shares of Chemung Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Finally, Wall Street Zen raised shares of Chemung Financial from a “hold” rating to a “buy” rating in a research report on Sunday, April 19th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $64.00.

Chemung Financial Company Profile

Chemung Financial Corporation serves as the bank holding company for Chemung Canal Trust Company, a community bank founded in 1833 and headquartered in Elmira, New York. With deep historical roots in the Southern Tier of New York, the company has expanded its footprint to serve customers throughout the region, including northern Pennsylvania. Chemung Financial emphasizes relationship-driven banking by combining personalized service with modern delivery channels.

Through its subsidiary, Chemung Canal Trust Company, Chemung Financial offers a comprehensive suite of financial products and services.