Chemung Financial (CHMG) Reports Q3 EPS of $0.48

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Chemung Financial Reports Third Quarter 2014 Earnings

October 23, 2014 5:09 PM EDT

ELMIRA, N.Y., Oct. 23, 2014 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company, today reported net income and earnings per share for the quarter and nine months ended September 30, 2014. Highlights for the quarter and nine months include:

Net income for the third quarter of 2014 was $2.3 million, or $0.48 per share, compared with $2.2 million, or $0.47 per share, for the same quarter in the prior year.   Net income for the nine months ended September 30, 2014 was $6.3 million, or $1.34 per share, compared with $7.2 million, or $1.56 per share for the... More