Chemung Financial Corporation (CHMG) reported third-quarter 2026 net income of $12.7 million, or $2.63 per share, compared with $8.8 million, or $1.82 per share, in the second quarter and $7.8 million, or $1.62 per share, a year earlier.
Third-quarter net interest income totaled $25.7 million, up $1.0 million from the prior quarter and $3.0 million from the prior-year quarter. The company also completed its bank charter conversion to a national bank effective October 1 and announced plans to unify its divisional brands under Canal Bank & Trust.
- Net interest margin was 3.74%, compared with 3.67% in the prior quarter and 3.45% a year earlier.
- Provision for credit losses was a $2.6 million credit, reflecting a $2.9 million recovery tied to a commercial and industrial loan participation settlement.
- Total assets were $2.851 billion as of September 30, 2026, up $141.1 million from year-end 2025.
- Loans, net of deferred origination costs, increased $131.5 million from year-end, led by commercial loan growth.
- The quarterly dividend increased $0.02 per share to $0.36 per share.
$CHMG Insider Trading Activity
$CHMG insiders have traded $CHMG stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $CHMG stock by insiders over the last 6 months:
- LOREN D COLE (EVP & CIO) sold 5,160 shares for an estimated $430,847
- THOMAS R. TYRRELL has made 0 purchases and 2 sales selling 788 shares for an estimated $51,479.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CHMG Hedge Fund Activity
We have seen 55 institutional investors add shares of $CHMG stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 31,474 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,347,330
- BLACKROCK, INC. added 29,660 shares (+8.2%) to their portfolio in Q2 2026, for an estimated $2,212,042
- RHINO INVESTMENT PARTNERS, INC removed 21,069 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,571,326
- TWO SIGMA INVESTMENTS, LP added 19,488 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,453,415
- RENAISSANCE TECHNOLOGIES LLC added 19,457 shares (+47.2%) to their portfolio in Q2 2026, for an estimated $1,451,103
- ACADIAN ASSET MANAGEMENT LLC added 16,339 shares (+20.8%) to their portfolio in Q2 2026, for an estimated $1,218,562
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 11,137 shares (+inf%) to their portfolio in Q2 2026, for an estimated $830,597
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
