Chemung Financial Corporation

Chemung Financial Corporation

CHMGยทNASDAQ

$67.52

-2.5%
Financial ServicesBanks - Regional

Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. Further, it provides securities, insurance, and tax preparation services. Additionally, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

At a Glance

Live Snapshot
Market Cap$325.43M
EPS3.1300
P/E Ratio21.57
Earnings Date07/16/2026
3Y+37.0%
5Y+61.0%
10Y+83.0%
3Y-48.0%
5Y-22.0%
10Y+51.0%
3Y+31.0%
5Y+60.0%
10Y+107.0%
Chemung Financial Corporation

Chemung Financial Corporation Profit Bridge

CHMG ยท NASDAQ
Revenue139.94M
Cost of Goods Sold (50.12M)
Gross Profit89.83M
Operating Expenses (69.89M)
Operating Income19.94M
Interest Expense (45.68M)
Other Income/Expense0.00
Pretax Income19.94M
Income Tax (4.83M)
Net Income15.10M
Net Income
15.10M

Profitability Analysis

Gross Margin

64.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

14.2%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

10.8%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

24.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Chemung Financial Corporation Income Statement

CHMG โ€ข NASDAQ

Chemung Financial Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
139.9M
149.6M
136.6M
101.9M
91.8M
86.9M
86.2M
86.8M
79.9M
76.6M
74M
79.2M
67.5M
68.5M
67.6M
62.2M
62.4M
63.4M
60.5M
53.9M
GROSS PROFIT
(50.1M)
(53.5M)
(41.9M)
(6.7M)
(3.4M)
(8.2M)
(12.3M)
(7.2M)
(12.1M)
(6.3M)
(5.2M)
(7.6M)
(6.8M)
(6.1M)
(7.7M)
(9.3M)
(13.8M)
(16.2M)
(19.2M)
(15.2M)
89.8M
96.2M
94.7M
95.2M
88.4M
78.6M
74M
79.5M
67.8M
70.4M
68.8M
71.5M
60.7M
62.4M
59.9M
52.9M
48.7M
47.2M
41.3M
38.7M
OPERATING INCOME
(69.9M)
(66.1M)
(63.2M)
(58.3M)
(54.6M)
(54.8M)
(54.9M)
(55.9M)
(53.1M)
(55.9M)
(54.7M)
(59.7M)
(48.2M)
(46M)
(44.3M)
(37.7M)
(41.6M)
(34.8M)
(30.5M)
(29.5M)
(41.8M)
(38.9M)
(36.6M)
(33.4M)
(32.7M)
(31.4M)
(30.8M)
(30.2M)
(29M)
(27.9M)
(29.1M)
(29.2M)
(27.2M)
(26.4M)
(23.9M)
(21.3M)
(25.7M)
(20.3M)
(14.6M)
(13.5M)
19.9M
30.1M
31.5M
36.9M
33.8M
23.9M
19M
23.6M
14.7M
14.4M
14.1M
11.9M
12.6M
16.4M
15.6M
15.2M
7.1M
12.4M
10.8M
9.2M
PRE-TAX INCOME
(45.7M)
(53.5M)
(38.6M)
(7.3M)
(3.4M)
(4M)
(6.3M)
(4.1M)
(3.1M)
(3.8M)
(3.6M)
(3.6M)
(4M)
(5.2M)
(6.7M)
(8.2M)
(11.3M)
(14.8M)
(17.9M)
(15.1M)
87.2M
74.1M
74.5M
74.2M
65.6M
62.9M
60.6M
60.5M
57M
52.3M
50.6M
49.6M
46.6M
46.8M
43.9M
34.5M
33.2M
30.7M
25.9M
24.5M
(28.1M)
(27.1M)
(26.6M)
(24.9M)
(21.9M)
(23.3M)
(24.1M)
(25.7M)
(24.1M)
(28.1M)
(25.6M)
(30.4M)
(20.9M)
(19.6M)
(20.4M)
(16.4M)
(15.8M)
(14.5M)
(15.9M)
(16M)
19.9M
30.1M
31.5M
36.9M
33.8M
23.9M
19M
23.6M
14.7M
14.4M
14.1M
11.9M
12.6M
16.4M
15.6M
15.2M
7.1M
12.4M
10.8M
9.2M
NET INCOME
(4.8M)
(6.4M)
(6.5M)
(8.1M)
(7.3M)
(4.6M)
(3.4M)
(4M)
(7.3M)
(4.4M)
(4.7M)
(3.7M)
(3.8M)
(5.4M)
(5M)
(5.1M)
(1.9M)
(4M)
(3.5M)
(2.6M)
15.1M
23.7M
25M
28.8M
26.4M
19.3M
15.6M
19.6M
7.4M
10M
9.4M
8.2M
8.7M
11M
10.5M
10.1M
5.2M
8.4M
7.3M
6.6M

SEC Filings

CHMG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 02, 2026
2026
8-K

8-K 2026

N/A

May 21, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

May 08, 2026
May 08, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
June 02, 2026
2026
8-K

8-K 2026

N/A

April 17, 2026
April 17, 2026
2026
8-K

8-K 2026

N/A

April 07, 2026
April 03, 2026
2026
10-K

10-K 2025 FY

FY

March 13, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
8-K

8-K 2026

N/A

February 02, 2026
February 02, 2026
2026
Showing 1 to 10 of 490 filings