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Chemung Financial: 3Q Earnings Snapshot

ELMIRA, N.Y. (AP) _ Chemung Financial Corp. (CHMG) on Friday reported third-quarter earnings of $2 million.

The Elmira, New York-based bank said it had earnings of 40 cents per share.

The financial holding company posted revenue of $21.8 million in the period. Its revenue net of interest expense was $20.1 million, falling short of Street forecasts.

Chemung Financial shares have climbed 6% since the beginning of the year. In the final minutes of trading on Friday, shares hit $43.77, a rise of roughly 6% 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