secwatch.observer — SEC 8-K summary
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Issuer:     CHEMUNG FINANCIAL CORP (CHMG)
CIK:        0000763563
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001171843-26-002529
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chemung Financial posts record Q1 net income of $9.2M ($1.91 EPS), up 53% YoY
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- Net income $9.2M, EPS $1.91 vs $1.26 in Q1 2025; revenue (NII) $23.6M, up 19.2% YoY.
- Net interest margin expanded to 3.60% from 2.96% YoY; total cost of funds fell 25bps to 1.67%.
- Annualized loan growth 7.5%; Canal Bank division loans grew ~15%; Capital Bank >7% annualized.
- Dividend declared $0.34 per share; opened a Buffalo, NY representative office in March.
- Non-performing loans declined to 0.33% of loans; net recoveries of 0.02% vs net charge-offs 0.05% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763563/000117184326002529/0001171843-26-002529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763563/000117184326002529/f8k_041726.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-002529

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