Chemung Financial Q2 Net Income $8.81M; EPS $1.82

Chemung Financial reported a significant turnaround in its second quarter 2026 results, with net income reaching $8.81 million, or $1.82 per diluted share, compared to a net loss of $6.45 million, or $(1.35) per diluted share, in the prior year. This improvement was largely driven by a substantial increase in net interest income and the absence of significant securities transaction losses that impacted the previous year. For the first six months of 2026, net income was $18.01 million, up from a loss of $0.43 million in the same period last year. The company also saw growth in its loan portfolio and total assets.