secwatch.observer — SEC 8-K summary
======================================

Issuer:     CHEMUNG FINANCIAL CORP (CHMG)
CIK:        0000763563
Form:       8-K
Filed at:   2026-10-22T20:15:14+00:00
Accession:  0001171843-26-006779
Event type: earnings
Sentiment:  positive
Materiality: 0.72
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Chemung Q3 net income $12.7M, EPS $2.63 vs $1.62; NII up 13.2%; dividend raised 5.9% to $0.36
--------------------------------------------------------------------------------

- Net income $12.7M, or $2.63 per share, vs $8.8M ($1.82) in Q2 2026 and $7.8M ($1.62) in Q3 2025.
- Net interest income $25.7M, up 13.2% YoY; NIM 3.74% vs 3.45%; pre-provision net revenue up 24.9% ($2.8M).
- YTD annualized loan growth 7.7%, including 11.7% commercial; adjusted efficiency ratio improved 525 bps to 58.83%.
- Provision was a $2.6M credit, including a $2.9M partial recovery on a C&I loan participation tied to a litigation settlement; net recoveries $2.6M.
- Non-performing loans rose to $13.8M (0.57% of loans) from $7.9M (0.35%) at Dec. 31, 2025; non-performing assets $16.1M (0.56%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763563/000117184326006779/0001171843-26-006779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763563/000117184326006779/f8k_102226.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-006779

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer