Chemical Financial Corporation (CHFC) reported second-quarter net income of $13.9 million or $0.50 per share, up from 11.0 million or $0.40 per share in the same period last year.
On average, 4 analysts polled by Thomson Reuters expected the company to earn $0.43 per share for the quarter. Analysts' estimates typically excludes special items.
Net interest income for the latest quarter rose to $46.4 million from $45.3 million a year ago. Net interest margin increased to 3.80 percent from 3.78 percent last year.
Total non-interest income rose to $13.3 million from $10.9 million in the comparable quarter last year.
Analysts expected the company to report revenues of $58.97 million for the quarter.
Provision for loan losses decreased to $4 million from $7 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.