Brief: Chemung Financial Corporation Reports Second Quarter 2020 Net Income Of $5.8 Million, Or $1.20 Per Share

Chemung Financial

20/07/2020 23:07

July 20 (Reuters) - Chemung Financial Corp  CHMG.O :
    * ORATION REPORTS SECOND QUARTER 2020 NET INCOME OF $5.8
MILLION,
OR $1.20 PER SHARE
    * Q2 EARNINGS PER SHARE $1.20
    * Q2 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES
DATA
    * TOTAL ASSETS INCREASED TO $2.1 BILLION AT QUARTER-END
    * QTRLY BOOK VALUE PER SHARE $40.51
    * NET INTEREST INCOME FOR QUARTER TOTALED $15.6 MILLION
VERSUS
$15.1 MILLION FOR SAME PERIOD IN PRIOR YEAR
    * BELIEVES THAT CORPORATION'S LIQUIDITY POSITION IS STRONG
    * COVID-19 CRISIS IS EXPECTED TO CONTINUE TO IMPACT
CORPORATION'S
FINANCIAL RESULTS

Source text for Eikon:  ID:nGNXbn1BRc 
Further company coverage:  CHMG.O 

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