Filing Analysis
Chemung Financial Corporation announced an increase in its quarterly dividend and declared a cash dividend of $0.36 per share. The dividend is payable on October 1, 2026, to shareholders of record as of September 17, 2026.
📋 Key Facts
- Quarterly dividend increased by $0.02 per share.
- Cash dividend declared: $0.36 per share.
- Record date: September 17, 2026.
- Payment date: October 1, 2026.
Chemung Financial Corporation announced its intention to participate in investor meetings during Q3 2026 to discuss corporate strategy, recent performance, and market trends. The company's CEO and CFO will lead these presentations.
📋 Key Facts
- Management intends to meet with institutional investors and other interested parties during the third quarter of 2026.
- CEO Anders M. Tomson and CFO Dale M. McKim III are scheduled to present at these meetings.
- The company released an investor presentation (Exhibit 99.1) via its corporate website.
Chemung Financial Corporation issued an 8-K to announce its results of operations for the three and six month periods ended June 30, 2026. The filing serves as a formal notification that a press release containing these financial results has been released.
📋 Key Facts
- Reporting period: Three and six months ended June 30, 2026.
- Report date: July 22, 2026.
- The filing includes Exhibit 99.1, which is the press release detailing financial results.
Chemung Financial Corp reported the results of its Annual Meeting of Shareholders held on June 2, 2026. Shareholders approved the election of four directors, the 'Say-on-Pay' executive compensation proposal, and the ratification of Crowe LLP as the independent auditor.
📋 Key Facts
- Annual Meeting of Shareholders held on June 2, 2026.
- Directors Richard E. Forrestel Jr., Stephen M. Lounsberry III, Anders M. Tomson, and G. Thomas Tranter Jr. were elected to three-year terms.
- Named Executive Officers' compensation (Say-on-Pay) was approved with 3,150,781 votes for and 122,780 votes against.
- Crowe LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2026, with 4,452,309 votes for.
Chemung Financial Corporation announced that its Board of Directors has declared a regular cash dividend of $0.34 per share. The dividend is payable on July 1, 2026, to shareholders of record as of the close of business on June 17, 2026.
📋 Key Facts
- Declared a cash dividend of $0.34 per share on May 21, 2026.
- The dividend is payable on July 1, 2026.
- The record date for shareholders is June 17, 2026.
Chemung Financial Corporation announced that its executive management will participate in investor meetings during Q2 2026 to discuss corporate strategies and performance. The company furnished its First Quarter 2026 Investor Presentation as part of the disclosure.
📋 Key Facts
- CEO Anders M. Tomson and CFO Dale M. McKim III will represent the company in meetings with institutional investors.
- The meetings are scheduled to take place during the second quarter of 2026.
- The 'First Quarter 2026 Investor Presentation' was furnished as Exhibit 99.1.
- The disclosure was made under Item 7.01 (Regulation FD) and is not deemed 'filed' for purposes of Section 18 of the Exchange Act.
Chemung Financial Corporation announced its financial results for the first quarter ended March 31, 2026. The disclosure was made via a press release furnished as an exhibit to the 8-K filing.
📋 Key Facts
- The filing reports results for the three-month period ended March 31, 2026.
- The information was disclosed under Item 2.02 (Results of Operations and Financial Condition).
- A press release was issued on April 17, 2026, and attached as Exhibit 99.1.
Chemung Financial Corporation's subsidiary, Chemung Canal Trust Company, has filed an application with the OCC to convert its charter from a New York state-chartered trust company to a national bank. The conversion is subject to federal regulatory approval.
📋 Key Facts
- Application filed with the Office of the Comptroller of the Currency (OCC) on April 3, 2026
- Proposed conversion from a New York chartered trust company to a national bank
- Chemung Canal Trust Company is the wholly owned subsidiary of Chemung Financial Corporation
- The conversion is pending approval from the OCC
Chemung Financial Corporation has declared a cash dividend of $0.34 per share. The dividend is payable on April 1, 2026, to shareholders of record as of March 18, 2026.
📋 Key Facts
- Dividend amount: $0.34 per share
- Record date: March 18, 2026
- Payment date: April 1, 2026
- Declaration date: February 17, 2026
Chemung Financial Corporation announced its intention to participate in investor meetings during Q1 2026 to discuss corporate strategy and recent performance. The filing serves as a Regulation FD disclosure regarding the use of an updated investor presentation.
📋 Key Facts
- Management (CEO Anders M. Tomson and CFO Dale M. McKim III) will meet with institutional investors in Q1 2026.
- The company released its Fourth Quarter 2025 Investor Presentation as Exhibit 99.1.
- The presentation is furnished under Item 7.01 and is not considered 'filed' for liability purposes under Section 18 of the Exchange Act.
Chemung Financial Corporation issued an 8-K to announce its results of operations for the three and twelve month periods ended December 31, 2025. The filing serves as a formal mechanism to furnish the company's earnings press release to the SEC.
📋 Key Facts
- Reporting date: January 26, 2026
- Covers three and twelve month periods ended December 31, 2025
- Includes a press release as Exhibit 99.1 regarding results of operations
- Signed by Dale M. McKim III, Chief Financial Officer and Treasurer
Chemung Financial Corporation has declared a cash dividend of $0.34 per share. The dividend is payable on January 2, 2026, to shareholders of record as of December 19, 2025.
📋 Key Facts
- Dividend amount: $0.34 per share
- Record date: December 19, 2025
- Payment date: January 2, 2026
- Dividend type: Cash dividend
Chemung Financial Corporation announced its intention to participate in meetings with institutional investors during Q4 2025. The company will present strategies, recent performance, and trends via an investor presentation.
📋 Key Facts
- Management intends to meet with institutional investors and interested parties in Q4 2025.
- CEO Anders M. Tomson and CFO Dale M. McKim III are expected to lead the presentations.
- An investor presentation was furnished as Exhibit 99.1 under Item 7.01.
- The filing is a Regulation FD disclosure regarding upcoming communications.
Chemung Financial Corporation issued an 8-K to announce its results of operations for the three and nine month periods ended September 30, 2025. The filing serves as a formal notification that a press release containing these financial results has been released.
📋 Key Facts
- Report date: October 21, 2025
- Reporting period: Three and nine months ended September 30, 2025
- The filing includes Exhibit 99.1, which is the press release containing the financial results.
- The report was signed by Dale M. McKim III, CFO and Treasurer.
Chemung Financial Corporation announced the formal retirement of Thomas W. Wirth, Executive Vice President of the Wealth Management Group, effective October 1, 2025. Jeffrey P. Kenefick has been appointed as interim head while a permanent successor is sought.
🚩 Red Flags
- None identified; this is a planned transition previously disclosed by the company.
📋 Key Facts
- Thomas W. Wirth to retire as EVP responsible for the Wealth Management Group on October 1, 2025.
- Jeffrey P. Kenefick (current EVP and Regional President) appointed as interim head of the Wealth Management Group effective October 1, 2025.
- The company intends to enter a post-employment consulting agreement with Mr. Wirth for approximately six months to provide strategic support.
- This retirement was previously disclosed in an 8-K filed on March 14, 2025.
Chemung Financial Corporation announced its intention to participate in meetings with institutional investors throughout September 2025. The company's CEO and CFO will present recent performance, strategies, and trends using an updated investor presentation.
📋 Key Facts
- Management (CEO Anders M. Tomson and CFO Dale M. McKim III) to meet with institutional investors in September 2025.
- The purpose of meetings is to discuss corporate strategy, recent performance, and market trends.
- An investor presentation has been made available on the company's website under the Investor Relations section.
- The filing was submitted pursuant to Item 7.01 (Regulation FD Disclosure).
Chemung Financial Corporation announced a quarterly dividend increase of $0.02 per share, bringing the total cash dividend to $0.34 per share.
📋 Key Facts
- Dividend increase: $0.02 per share.
- New quarterly cash dividend: $0.34 per share.
- Record date: September 17, 2025 (close of business).
- Payment date: October 1, 2025.
Chemung Financial Corporation is announcing upcoming one-on-one meetings with institutional investors at the 2025 KBW Community Bank Investor Conference. The company will present its strategies and recent financial performance through July 30, 2025.
📋 Key Facts
- Meetings scheduled for July 29-30, 2025, as part of the 2025 KBW Community Bank Investor Conference.
- CEO Anders M. Tomson and CFO Dale M. McKim III will be presenting.
- The presentation is furnished under Item 7.01 and is not considered 'filed' for purposes of Section 18 liabilities.
Chemung Financial Corporation has filed an 8-K to furnish a press release regarding its results of operations for the three and six month periods ended June 30, 2025.
📋 Key Facts
- Report date: July 17, 2025
- Reporting period: Three and six months ended June 30, 2025
- The filing is for the purpose of furnishing a press release (Exhibit 99.1) regarding financial results.
Chemung Financial Corporation completed a strategic balance sheet repositioning involving the sale of $242 million in available-for-sale securities, resulting in a $17 million pre-tax realized loss. The transaction was executed alongside a $45 million subordinated notes issuance to bolster Tier 2 capital and fund organic loan growth.
🚩 Red Flags
- Realized pre-tax loss of $17 million impacting Q2 2025 earnings.
- Expected net loss for the upcoming quarter due to the strategic repositioning.
📋 Key Facts
- Sold approximately $242 million (book value) of available-for-sale securities.
- Securities sold had a weighted average book yield of ~2.1% and weighted average life of ~3 years.
- Realized pre-tax loss of approximately $17 million to be recognized in Q2 2025.
- Issued $45.0 million in 7.75% Fixed-to-Floating Rate Subordinated Notes due 2035 on June 10, 2025.
- The company expects a net loss for the second quarter of 2025 due to the realized loss.
- Transaction is expected to improve Net Interest Margin (NIM) and ROA/ROE starting Q3 2025.
Chemung Financial Corporation issued $45.0 million in 7.75% Fixed-to-Floating Rate Subordinated Notes due 2035 to accredited investors and institutional buyers. The proceeds are intended for general corporate purposes, supporting regulatory capital ratios, and potential balance sheet restructuring.
🚩 Red Flags
- Mention of 'balance sheet restructuring' as a potential use of proceeds can sometimes indicate underlying capital management needs or stress, though common in banking.
- Notes are unsecured and subordinated, ranking junior to senior indebtedness.
📋 Key Facts
- Issued $45.0 million in aggregate principal amount of 7.75% Fixed-to-Floating Rate Subordinated Notes due 2035.
- Notes mature on June 15, 2035.
- Fixed interest rate of 7.75% until June 15, 2030; thereafter, a floating rate (Three-Month Term SOFR + 415 bps).
- The Notes are intended to qualify as Tier 2 capital under Federal Reserve Board guidelines.
- Proceeds to be used for general corporate purposes and supporting regulatory capital ratios for growth initiatives/balance sheet restructuring.
Chemung Financial Corp held its Annual Meeting of Shareholders on June 3, 2025. Shareholders approved all four proposals, including the election of directors, executive compensation (Say-on-Pay), a new equity incentive plan, and the ratification of Crowe LLP as independent auditors.
📋 Key Facts
- Annual Meeting held on June 3, 2025.
- Four director nominees elected: Ronald M. Bentley, David M. Buicko, Robert H. Dalrymple, and Jeffrey B. Streeter.
- Shareholders approved 'Say-on-Pay' (Named Executive Officers’ Compensation) with 3,252,181 votes in favor.
- The 2025 Equity Incentive Plan was approved by shareholders.
- Ratification of the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending Dec 31, 2025.
Chemung Financial Corporation has declared a cash dividend of $0.32 per share. The dividend is payable on July 1, 2025, to shareholders of record as of June 17, 2025.
📋 Key Facts
- Dividend Amount: $0.32 per share
- Record Date: June 17, 2025 (close of business)
- Payment Date: July 1, 2025
- Ticker: CHMG (Nasdaq)
Chemung Financial Corporation has filed an 8-K to announce its quarterly results of operations for the three-month period ending March 31, 2025. The filing serves as a formal notice that a press release containing these financial results was issued on April 18, 2025.
📋 Key Facts
- Reporting period: Three months ended March 31, 2025.
- Filing date: April 18, 2025.
- The filing includes a press release (Exhibit 99.1) detailing results of operations and financial condition.
Thomas W. Wirth, Executive Vice President responsible for the Wealth Management Group of Chemung Canal Trust Company, has announced his intention to retire in the third quarter of 2025 due to health reasons.
🚩 Red Flags
- Departure of a long-tenured executive (38 years with the institution).
📋 Key Facts
- Departure Date: Effective in or around Q3 2025.
- Reason for Departure: Health reasons; no disagreement with the Corporation reported.
- Tenure: Joined the Bank in 1987; served as EVP since June 2015.
- Succession Plan: The Corporation is initiating a search for a successor and expects Mr. Wirth to remain until a replacement is found and a transition period is completed.
Chemung Financial Corporation announced its participation in the Raymond James Small-Cap Bank Investor Meetings on February 25, 2025. CFO Dale M. McKim III will present the company's strategies and recent financial performance to institutional investors.
📋 Key Facts
- Event Date: February 25, 2025
- Meeting Name: Raymond James Small-Cap Bank Investor Meetings
- Presenter: Dale M. McKim III, Chief Financial Officer and Treasurer
- Purpose: Discussing corporate strategies and recent financial performance with institutional investors
- Presentation Availability: Available on the company's website under 'Investor Relations'
Chemung Financial Corporation announced a quarterly dividend increase of $0.01 per share, bringing the total cash dividend to $0.32 per share.
📋 Key Facts
- Dividend increased by $0.01 per share.
- New quarterly cash dividend is $0.32 per share.
- Record date for shareholders: March 18, 2025.
- Payment date: April 1, 2025.
Chemung Financial Corporation issued an 8-K to announce its results of operations for the three and twelve month periods ended December 31, 2024. The filing serves as a formal mechanism to furnish their earnings press release to the SEC.
📋 Key Facts
- Reporting period: Three and twelve months ended December 31, 2024.
- Report date: January 28, 2025.
- The filing includes a press release as Exhibit 99.1 regarding financial performance.
Chemung Canal Trust Company consolidated its Clarence, NY branch into its Williamsville, NY branch following regulatory approvals. The Clarence location will continue to operate as an administrative office.
📋 Key Facts
- Branch consolidation: Clarence, NY branch (9159 Main Street) merged into the Williamsville, NY branch (5529 Main Street).
- The Williamsville branch had previously opened on October 11, 2024.
- Regulatory approvals were obtained from the New York State Department of Financial Services (NYSDFS) and the Federal Reserve Bank of New York (FRBNY).
- The Clarence location will remain open as an administrative office.
Chemung Financial Corporation has declared a cash dividend of $0.31 per share. The dividend is payable on January 2, 2025, to shareholders of record as of December 19, 2024.
📋 Key Facts
- Dividend amount: $0.31 per share
- Record date: December 19, 2024
- Payment date: January 2, 2025
- Dividend type: Cash dividend
Chemung Financial Corporation issued an 8-K to furnish its quarterly press release regarding results of operations for the three and nine month periods ended September 30, 2024.
📋 Key Facts
- Report date: October 22, 2024
- Reporting period: Three and nine months ended September 30, 2024
- The filing is a standard earnings release announcement (Item 2.02)
- The press release is attached as Exhibit 99.1
Chemung Financial Corporation announced the declaration of a cash dividend of $0.31 per share. The dividend is payable on October 1, 2024, to shareholders of record as of September 19, 2024.
📋 Key Facts
- Dividend amount: $0.31 per share
- Record date: September 19, 2024
- Payment date: October 1, 2024
- Dividend type: Cash dividend
Chemung Financial Corporation filed an 8-K to disclose participation in the 2023 KBW Community Bank Investor Conference. Management presented recent financial performance and corporate strategies to institutional investors.
📋 Key Facts
- Management conducted one-on-one meetings with institutional investors and analysts on July 30, 2024.
- CEO Anders M. Tomson and CFO Dale M. McKim III were the presenting executives.
- The filing includes an investor presentation (Exhibit 99.1) regarding corporate strategies and financial performance.
Chemung Financial Corporation has filed an 8-K to furnish its quarterly earnings press release for the three and six month periods ended June 30, 2024.
📋 Key Facts
- Report date: July 18, 2024
- Reporting period: Three and six months ended June 30, 2024
- The filing consists of a press release (Exhibit 99.1) regarding results of operations and financial condition.
Chemung Financial Corporation announced that its subsidiary, Chemung Canal Trust Company, intends to consolidate its Ithaca, NY branch located at 806 Buffalo Street into the nearby branch at 304 Elmira Road. The consolidation has received necessary regulatory approvals from the NYSDFS and the Federal Reserve Bank of New York.
📋 Key Facts
- Consolidation of Ithaca, NY branch (806 Buffalo Street) into the 304 Elmira Road branch.
- The move involves Chemung Canal Trust Company, a wholly-owned subsidiary.
- Regulatory approval has been obtained from the New York State Department of Financial Services (NYSDFS).
- Regulatory approval has been obtained from the Federal Reserve Bank of New York (FRBNY).
- Announcement date: July 15, 2024.
Chemung Financial Corporation announced that its wholly-owned subsidiary, Chemung Canal Trust Company, plans to expand operations in Western New York with a new regional banking center in Williamsville, NY.
📋 Key Facts
- Expansion of operations via a new office at 5529 Main Street, Williamsville, New York.
- The new branch will operate as 'Canal Bank', a division of Chemung Canal Trust Company.
- Announcement date: July 9, 2024.
This is an amendment (8-K/A) to a previous filing, disclosing the Board of Directors' decision regarding the frequency of shareholder advisory votes on executive compensation. Following a non-binding shareholder vote on June 4, 2024, the Board has decided to hold these votes annually.
📋 Key Facts
- The filing is an Amendment No. 1 to an original 8-K filed on June 4, 2024.
- Shareholders held a non-binding advisory vote regarding the frequency of shareholder approval for executive compensation on June 4, 2024.
- On June 18, 2024, the Board of Directors determined that the Corporation will hold an annual advisory vote on executive compensation until the next required advisory vote is due.
Chemung Financial Corp reported the results of its Annual Meeting of Shareholders held on June 4, 2024. All four proposals presented to shareholders, including director elections and executive compensation matters, were approved.
📋 Key Facts
- Annual Meeting held on June 4, 2024.
- Five directors (Archibold Jr., Dalrymple, Gonick, Meade IV, and Tyrrell) were elected to three-year terms.
- Shareholders approved 'Say-on-Pay' regarding Named Executive Officers' compensation.
- Shareholders voted for an annual frequency for the Say-When-On-Pay vote.
- The appointment of Crowe LLP as the independent registered public accounting firm for the year ending December 31, 2024, was ratified.
Chemung Financial Corporation filed an 8-K to provide copies of presentation slides used during its 2024 Annual Meeting of Shareholders. The filing is for Regulation FD purposes and contains no material changes to company operations or financial standing.
📋 Key Facts
- The filing was made on June 4, 2024.
- The purpose of the filing is to provide slides containing financial and other information prepared for the Annual Meeting of Shareholders.
- The Annual Meeting of Shareholders was scheduled for June 4, 2024, at 2:00 p.m. in Elmira, New York.
- Exhibit 99.1 contains an advance copy of the presentation slides.
Chemung Financial Corporation announced the declaration of a cash dividend of $0.31 per share. The dividend is payable on July 1, 2024, to shareholders of record as of June 17, 2024.
📋 Key Facts
- Dividend amount: $0.31 per share
- Record date: June 17, 2024 (close of business)
- Payment date: July 1, 2024
- Ticker: CHMG (Nasdaq)
Chemung Financial Corporation issued an 8-K to announce its quarterly earnings results for the three-month period ending March 31, 2024. The filing serves as a vehicle to furnish the company's press release containing these financial results.
📋 Key Facts
- Report date: April 18, 2024
- Reporting period: Three months ended March 31, 2024
- The filing includes a press release (Exhibit 99.1) regarding results of operations and financial condition.
- The report was signed by Dale M. McKim III, CFO and Treasurer.
Chemung Financial Corporation announced the declaration of a cash dividend of $0.31 per share. The dividend is payable on April 1, 2024, to shareholders of record as of March 18, 2024.
📋 Key Facts
- Dividend amount: $0.31 per share
- Record date: March 18, 2024
- Payment date: April 1, 2024
- Declaration date: February 21, 2024
Chemung Financial Corporation issued a press release regarding its results of operations for the three and twelve month periods ended December 31, 2023. This is a standard earnings announcement filing.
📋 Key Facts
- Report date: January 25, 2024
- Reporting period: Three and twelve months ended December 31, 2023
- The filing includes Exhibit 99.1 (Press Release) regarding financial results.