Chemung Financial Corporation Reports Strong Q4 and Year-End Results
ELMIRA, N.Y. – Chemung Financial Corporation (CHMG) announced its fourth quarter and full-year financial performance on Tuesday.
Fourth Quarter Highlights:
* Net income: $5.9 million
* Earnings per share: $1.24
* Revenue: $38.7 million
* Revenue net of interest expense: $25.9 million
Full-Year Highlights:
* Net income: $23.7 million
* Earnings per share: $4.96
* Revenue: $97.3 million
The bank's revenue net of interest expense surpassed Street expectations in the fourth quarter. Chemung Financial Corporation is headquartered in Elmira, New York.
Disclaimer: This article was generated using data from Zacks Investment Research.