Chemung Financial (CHMG) Expected to Announce Earnings on Tuesday

Chemung Financial (NASDAQ:CHMG) will likely be posting its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect Chemung Financial to announce earnings of $1.94 per share and revenue of $31.87 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 4:00 PM ET.

Chemung Financial (NASDAQ:CHMG) last released its earnings results on Wednesday, July 22nd. The bank reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.05. Chemung Financial had a return on equity of 12.98% and a net margin of 20.68%. The firm had revenue of $31.17 million during the quarter, compared to analysts’ expectations of $30.52 million. On average, analysts expect Chemung Financial to post $7.54 EPS for the current fiscal year and $8.10 EPS for the next fiscal year.

Chemung Financial Stock Performance

Shares of CHMG opened at $80.51 on Monday. Chemung Financial has a 52-week low of $49.98 and a 52-week high of $86.00. The business’s fifty day moving average is $82.32 and its 200-day moving average is $74.40. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.03 and a current ratio of 1.04. The firm has a market cap of $388.06 million, a price-to-earnings ratio of 11.57 and a beta of 0.58.

Chemung Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 17th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.8%. This is a boost from Chemung Financial’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, September 17th. Chemung Financial’s payout ratio is 20.69%.

Insider Activity at Chemung Financial

In related news, EVP Loren Cole sold 5,160 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $83.50, for a total transaction of $430,860.00. Following the sale, the executive vice president owned 5,164 shares of the company’s stock, valued at $431,194. This trade represents a 49.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 12.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CHMG. Zacks Research cut Chemung Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Weiss Ratings raised Chemung Financial from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Raymond James Financial assumed coverage on shares of Chemung Financial in a report on Tuesday, September 1st. They issued an “outperform” rating and a $87.00 target price for the company. Keefe, Bruyette & Woods raised their price target on shares of Chemung Financial from $77.00 to $81.00 and gave the company a “market perform” rating in a research note on Tuesday, July 28th. Finally, DA Davidson assumed coverage on shares of Chemung Financial in a research note on Monday, September 28th. They issued a “buy” rating and a $95.00 price target on the stock. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $87.75.

Chemung Financial Company Profile

Chemung Financial Corporation is a bank holding company headquartered in Elmira, New York. Its principal subsidiary, Chemung Canal Trust Company, provides community banking and financial services to individuals, businesses, municipalities and nonprofit organizations.

The company’s banking activities include deposit accounts, residential and commercial real estate lending, consumer loans, business loans, mortgages, cash-management services, online and mobile banking, and other treasury-management solutions.