Financial Services -
Banks - Regional - NASDAQ - US
$ 45.45
-0.931 %
$ 218 M
Market Cap
9.23
P/E
1. INTRINSIC VALUE
Balance Sheet
Chemung Financial Corporation
| Current Assets | 592 M |
| Cash & Short-Term Investments | 592 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 21.8 M |
| Long-Term Investments | 413 M |
| PP&E | 0 |
| Other Non-Current Assets | -391 M |
| Current Liabilities | 109 M |
| Accounts Payable | 0 |
| Short-Term Debt | 109 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 9.41 M |
| Long-Term Debt | 9.41 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Chemung Financial Corporation
| Revenue | 96.1 M |
| Cost Of Revenue | 0 |
| Gross Profit | 96.1 M |
| Operating Expenses | 96.1 M |
| Operating Income | 30.1 M |
| Other Expenses | 6.41 M |
| Net Income | 23.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Chemung Financial Corporation
| Net Income | 23.7 M |
| Depreciation & Amortization | 2.02 M |
| Capital Expenditures | -3.63 M |
| Stock-Based Compensation | 21 K |
| Change in Working Capital | 2.61 M |
| Others | 2.51 M |
| Free Cash Flow | 26.2 M |
Wall Street Analysts Price Targets
Chemung Financial Corporation
Wall Street analysts predict an average 1-year price target for CHMG of $50 , with forecasts ranging from
a
low of
$50 to a high of $50 .
CHMG Lowest Price Target
Wall Street Target
50 USD
10.01%
CHMG Average Price Target
Wall Street Target
50 USD
10.01%
CHMG Highest Price Target
Wall Street Target
50 USD
10.01%
4. DIVIDEND
ANALYSIS
0.67%
DIVIDEND YIELD
0.32 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Chemung Financial Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
51.2 K USD 1
9-12 MONTHS
33.9 K USD 1
Bought
0 USD 0
0-3 MONTHS
28 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
28.5 K USD 2
9-12 MONTHS
7. News
Are Investors Undervaluing Chemung Financial Corp (CHMG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 3 weeks ago
Why Chemung Financial (CHMG) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
zacks.com
- 3 weeks ago
Chemung Financial Corporation Reports First Quarter 2025 Net Income of $6.0 million, or $1.26 per share
ELMIRA, N.Y., April 18, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $6.0 million, or $1.26 per share, for the first quarter of 2025, compared to $5.9 million, or $1.24 per share, for the fourth quarter of 2024, and $7.1 million, or $1.48 per share, for the first quarter of 2024.
globenewswire.com
- 1 month ago
Why Chemung Financial (CHMG) is Poised to Beat Earnings Estimates Again
Chemung Financial (CHMG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 1 month ago
Chemung Financial (CHMG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Chemung Financial (CHMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Chemung Financial (CHMG) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
zacks.com
- 2 months ago
Is Chemung Financial Corp (CHMG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 2 months ago
Chemung Financial Corporation Announces Dividend Increase
ELMIRA, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.01 per share, equal to a quarterly cash dividend of $0.32 per share, payable on April 1, 2025, to common stock shareholders of record as of the close of business on March 18, 2025. This represents a dividend increase of 3.2%.
globenewswire.com
- 2 months ago
Chemung Financial (CHMG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Chemung Financial (CHMG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 months ago
Chemung Financial (CHMG) Tops Q4 Earnings and Revenue Estimates
Chemung Financial (CHMG) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $0.81 per share a year ago.
zacks.com
- 3 months ago
Chemung Financial Corporation Reports Annual Net Income of $23.7 million, or $4.96 per share, and Fourth Quarter 2024 Net Income of $5.9 million, or $1.24 per share
ELMIRA, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $23.7 million, or $4.96 per share, for the year ended December 31, 2024, compared to $25.0 million, or $5.28 per share, for the year ended December 31, 2023. Net income was $5.9 million, or $1.24 per share, for the fourth quarter of 2024, compared to $5.7 million, or $1.19 per share, for the third quarter of 2024, and $3.8 million, or $0.80 per share, for the fourth quarter of 2023.
globenewswire.com
- 3 months ago
Chemung Financial (CHMG) Earnings Expected to Grow: What to Know Ahead of Q4 Release
Chemung Financial (CHMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 4 months ago
8. Profile
Summary
Chemung Financial Corporation CHMG
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 218 M
Dividend Yield
0.67%
Description
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.
Contact
One Chemung Canal Plaza, Elmira, NY, 14901
https://www.chemungcanal.com
IPO
Date
Jan. 4, 1999
Employees
343
Officers
Ms. Kathleen S. McKillip
Vice President & Corporate Secretary
Ms. Monica L. Ridosh
Senior Vice President, Director of HR & Chief Diversity Officer
Ms. Catherine Beth Crandall CFP®, CTFA, J.D.
Senior Vice President of WMG Estate Administration
Mr. Thomas W. Wirth C.F.A.
Executive Vice President of Wealth Management Group at Chemung Canal Trust Company
Mr. Dale M. McKim III
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Scott T. Heffner
Senior Vice President & Director of Marketing
Mr. Daniel D. Fariello
President of Capital Bank Division
Mr. Loren Dale Cole
Executive Vice President & Chief Information Officer
Mr. Anders M. Tomson
President, Chief Executive Officer & Director
Mr. Peter K. Cosgrove
EVice President, Chief Credit Officer & Chief Risk Officer