Chemung Financial Corporation Reports Second Quarter 2026 Net Income of $8.8 million, or $1.82 per share
Chemung Financial Corporation reported Q2 2026 net income of $8.8 million, or $1.82 per share, reversing a year-ago net loss of $6.5 million driven by balance sheet repositioning efforts. Net interest income increased 18.8% year-over-year to $24.7 million, while the net interest margin expanded 62 basis points to 3.67%.
Key figures
- Eps
- 1.82
- Efficiency ratio
- 61.85%
- Dividend per share
- 0.34
- Net interest income
- 24700000
- Net interest margin
- 3.67%
- Non interest income
- 6503000
- Book value per share
- 55.88
- Return on average assets
- 1.27%
- Return on average equity
- 13.19%
- Tangible book value per share
- 51.37
AI analysis
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