CHMG

Chemung Financial reported Q3 2026 revenue of $31.98 million, up 10.9% year-over-year, beating consensus estimates by 0.78%. EPS of $2.63 significantly exceeded the $1.93 estimate, representing a 36.27% surprise.

Key metrics showed improved efficiency ratio and net interest margin, though non-interest income came in slightly below expectations. The stock holds a Zacks Rank #3 (Hold) rating.

Chemung Financial reported quarterly earnings of $2.63 per share, significantly beating the consensus estimate of $1.93 per share, representing a 36.27% earnings surprise. The company also exceeded revenue expectations with $31.98 million versus the estimate.

With a Zacks Rank #3 (Hold) rating, the stock is expected to perform in line with the market. Peer company Investar is also expected to report strong results with 40.7% year-over-year earnings growth.

Chemung Financial (CHMG) and F.N.B. (FNB) are set to report Q3 2026 earnings with expected year-over-year growth. However, both stocks show negative Earnings ESP readings, making earnings beats unlikely despite their Zacks Rank #3 (Hold) ratings. Chemung Financial has a stronger historical track record of beating estimates.

Chemung Financial Corporation announced plans to unify its divisions (Chemung Canal Trust Company, Capital Bank, and Canal Bank) under a single brand name: Canal Bank & Trust, N.A. The rebranding, effective throughout 2027, is a brand unification only with no changes to leadership, ownership, mission, or community banking approach. The company maintains its commitment to personal service and local decision-making while strengthening brand recognition.