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CHMG| Name | Value |
|---|---|
| Revenues | 32.4M |
| Cost of Revenue | 19.5M |
| Gross Profit | 12.8M |
| Operating Expense | 24.0M |
| Operating I/L | 7.8M |
| Other Income/Expense | -0.6M |
| Interest Income | 32.4M |
| Pretax | 7.2M |
| Income Tax Expense | 1.5M |
| Net Income/Loss | 5.7M |
Chemung Financial Corporation is a banking and financial services holding company, operating through its subsidiary, Chemung Canal Trust Company. The company offers a wide range of banking services, including deposits, checking and savings accounts, commercial and agricultural loans, mortgage loans, wealth management, insurance products, and brokerage services. Additionally, it provides securities, tax preparation, and trustee services, as well as investment and employee benefit administrative services. With 31 branch offices in New York and Pennsylvania, the company serves small to mid-sized businesses and individuals, generating revenue through interest income, fees from financial services, and investment activities.
