ELMIRA, N.Y. (AP) _ Chemung Financial Corp. (CHMG) on Wednesday reported first-quarter net income of $4.5 million.
The bank, based in Elmira, New York, said it had earnings of 92 cents per share.
The financial holding company posted revenue of $21.6 million in the period. Its revenue net of interest expense was $20.1 million, which did not meet Street forecasts.
Chemung Financial shares have increased 21 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $49.78, a climb of 6 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHMG at https://www.zacks.com/ap/CHMG