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Chemung Financial reports Q1 EPS $1.48, consensus $1.04

Reports Q1 tangible book value per share $36.77. Reports Q1 net charge-offs .04%. “We have started out 2024 with another strong quarter of results from our core businesses,” said Anders M. Tomson, president and CEO of the Corporation. “Improving credit metrics and 6% annualized loan growth in a challenging environment is an endorsement of our client focused business model and franchise,” Tomson added.

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