Chemung Financial reports Q1 EPS $1.91 vs $1.26 last year

Reports Q1 tangible book value per share $49.85. “Record quarterly earnings validate the Corporation’s strategic initiatives in recent years, including our entrance into the Western New York market and a balance sheet repositioning in 2025, both of which significantly contributed to first quarter results,” said Anders Tomson, President and CEO of Chemung Financial (CHMG) Corporation. “For an institution with over 190 years of history, delivering record performance can only be achieved through thoughtful execution and a sustained commitment to improvement,” added Tomson.