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Chemung Financial Corporation CHMG
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 51.55
0.194 %
$ 245 M
Market Cap
11.4
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CHMG stock under the base case scenario is HIDDEN Compared to the current market price of 51.5 USD, Chemung Financial Corporation is HIDDEN

CHMG Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CHMG

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FINANCIALS
95.7 M REVENUE
1.19%
Growth Rates
1Year 1.19%
3Years 4.93%
5Years 2.97%
7Years 3.99%
10Years 4.20%
31.5 M OPERATING INCOME
-28.71%
Growth Rates
1Year -28.71%
3Years 9.69%
5Years 2.60%
7Years 5.86%
10Years -47.02%
25 M NET INCOME
-13.14%
Growth Rates
1Year -13.14%
3Years 9.08%
5Years 4.96%
7Years 13.94%
10Years 11.09%
30.8 M OPERATING CASH FLOW
-11.98%
Growth Rates
1Year -11.98%
3Years 2.49%
5Years 2.12%
7Years 4.85%
10Years 2.99%
-82.4 M INVESTING CASH FLOW
67.39%
Growth Rates
1Year 67.39%
3Years 45.03%
5Years -23.52%
7Years -96.47%
10Years -5.89%
32.5 M FINANCING CASH FLOW
-86.82%
Growth Rates
1Year -86.82%
3Years -58.48%
5Years 3.34%
7Years 2.91%
10Years -0.71%
21.3 M REVENUE
-42.41%
Growth Rates
1Year 1.19%
3Years 4.93%
5Years 2.97%
7Years 3.99%
10Years 4.20%
0 OPERATING INCOME
0.00%
Growth Rates
1Year -28.71%
3Years 9.69%
5Years 2.60%
7Years 5.86%
10Years -47.02%
5.72 M NET INCOME
14.70%
Growth Rates
1Year -13.14%
3Years 9.08%
5Years 4.96%
7Years 13.94%
10Years 11.09%
-12.4 M OPERATING CASH FLOW
-191.49%
Growth Rates
1Year -11.98%
3Years 2.49%
5Years 2.12%
7Years 4.85%
10Years 2.99%
-1.21 M INVESTING CASH FLOW
-28.38%
Growth Rates
1Year 67.39%
3Years 45.03%
5Years -23.52%
7Years -96.47%
10Years -5.89%
2.27 M FINANCING CASH FLOW
106.42%
Growth Rates
1Year -86.82%
3Years -58.48%
5Years 3.34%
7Years 2.91%
10Years -0.71%
Balance Sheet Decomposition Chemung Financial Corporation
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Current Assets 630 M
Cash & Short-Term Investments 630 M
Receivables 0
Other Current Assets 0
Non-Current Assets 86.1 M
Long-Term Investments 44 M
PP&E 20.2 M
Other Non-Current Assets 21.8 M
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 33.2 M
Other Current Liabilities -33.2 M
Non-Current Liabilities 2.52 B
Long-Term Debt 8.88 M
Other Non-Current Liabilities 2.51 B
EFFICIENCY
Earnings Waterfall Chemung Financial Corporation
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Revenue 95.7 M
Cost Of Revenue 0
Gross Profit 95.7 M
Operating Expenses 98 M
Operating Income 31.5 M
Other Expenses 6.5 M
Net Income 25 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 94.56%
32.90% OPERATING MARGIN
32.90%
Averages
1Year 32.90%
3Years 39.26%
5Years 34.08%
7Years 33.13%
10Years 32.54%
26.11% NET MARGIN
26.11%
Averages
1Year 26.11%
3Years 28.81%
5Years 25.84%
7Years 23.78%
10Years 20.49%
12.80% ROE
12.80%
Averages
1Year 12.80%
3Years 14.20%
5Years 12.16%
7Years 11.35%
10Years 9.97%
0.92% ROA
0.92%
Averages
1Year 0.92%
3Years 1.03%
5Years 0.96%
7Years 0.94%
10Years 0.83%
10.94% ROIC
10.94%
Averages
1Year 10.94%
3Years 11.93%
5Years 10.79%
7Years 10.32%
10Years 9.96%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Chemung Financial Corporation
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Net Income 25 M
Depreciation & Amortization 2.8 M
Capital Expenditures -462 K
Stock-Based Compensation 1.14 M
Change in Working Capital -2.05 M
Others 3.55 M
Free Cash Flow 30.4 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Chemung Financial Corporation
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CHMG has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.29% DIVIDEND YIELD
0.31 USD DIVIDEND PER SHARE
5. COMPETITION

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest and interest bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.

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28.1 USD
FNWD
Overvalued 10.63%

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California.

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26.3 USD
CWBC
Undervalued 28.52%

First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington.

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0.673 USD
FFNW
Overvalued 96.96%

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras.

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155 USD
OVLY
Undervalued 419.32%

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia.

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42.2 USD
OFED
Undervalued 212.50%

Cullman Bancorp, Inc. operates as the holding company for Cullman Savings Bank that provides various banking products and services. It offers checking, savings, and individual retirement accounts, as well as certificates of deposit accounts.

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8.08 USD
CULL
Overvalued 16.77%

Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations.

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9.74 USD
HFBL
Overvalued 20.62%

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States.

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5.63 USD
FNWB
Overvalued 47.83%

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals.

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21.2 USD
FCCO
Overvalued 12.55%

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers.

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60.9 USD
BSVN
Undervalued 30.87%

Orange County Bancorp, Inc., through its subsidiaries, provides commercial and consumer banking products and services, and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments, and affluent individuals.

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133 USD
OBT
Undervalued 124.03%

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan.

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209 USD
COFS
Undervalued 488.00%
6. Ownership
Insider Ownership Chemung Financial Corporation
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Sold
0-3 MONTHS
51.2 K USD 1
3-6 MONTHS
33.9 K USD 1
6-9 MONTHS
17.9 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
28.5 K USD 2
3-6 MONTHS
7.7 K USD 1
6-9 MONTHS
28 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 51.2 K USD
COLE LOREN D
EVP & CIO
- 1000
 51.21 USD
3 months ago
Aug 06, 2024
Bought 22 K USD
Tranter G. Thomas Jr.
Director
+ 500
 44 USD
3 months ago
Aug 06, 2024
Sell 33.9 K USD
Wirth Thomas W
Executive Vice President
- 764.393
 44.4 USD
5 months ago
Jun 04, 2024
Bought 6.54 K USD
Fariello Daniel D
President, Capital Bank Div.
+ 151
 43.28 USD
8 months ago
Mar 01, 2024
Sell 17.9 K USD
Archibold Raimundo C. Jr
Director
- 425
 42.2169 USD
8 months ago
Feb 20, 2024
Bought 3.65 K USD
Meade Joseph F IV
Director
+ 84
 43.5 USD
8 months ago
Feb 20, 2024
Bought 4.04 K USD
Meade Joseph F IV
Director
+ 84
 48.11 USD
10 months ago
Jan 17, 2024
Bought 28 K USD
Meade Joseph F IV
Director
+ 582
 48.11 USD
1 year ago
Jul 24, 2023
Sell 37.1 K USD
Wirth Thomas W
Executive Vice President
- 907
 40.8616 USD
1 year ago
May 24, 2023
Bought 28.4 K USD
Kenefick Jeffrey P.
Regional President
+ 817
 34.76 USD
1 year ago
May 11, 2023
Bought 97.5 K USD
COLE LOREN D
EVP & CIO
+ 2804
 34.77 USD
1 year ago
Mar 07, 2023
Bought 40.1 K USD
Meade Joseph F IV
Director
+ 810
 49.5 USD
1 year ago
Feb 06, 2023
Sell 52.4 K USD
Tyrrell Thomas R.
Director
- 1000
 52.4094 USD
1 year ago
Nov 21, 2022
Bought 32.9 K USD
Meade Joseph F IV
Director
+ 700
 47 USD
2 years ago
Nov 02, 2022
Bought 13 K USD
Meade Joseph F IV
Director
+ 300
 43.39 USD
2 years ago
Jul 27, 2022
Sell 204 K USD
Bentley Ronald M
director:
- 4522
 45.0878 USD
2 years ago
Jul 25, 2022
Sell 46.9 K USD
Bentley Ronald M
Director
- 1028
 45.5847 USD
2 years ago
Jul 25, 2022
Sell 65.5 K USD
Bentley Ronald M
director:
- 1450
 45.1679 USD
2 years ago
Jul 26, 2022
Sell 22.6 K USD
Wirth Thomas W
Executive Vice President
- 500
 45.2936 USD
2 years ago
Jun 16, 2022
Sell 76.9 K USD
COLE LOREN D
EVP & CIO
- 1798
 42.7811 USD
2 years ago
Jun 03, 2022
Bought 45 K USD
Gonick Denise V
Director
+ 1000
 44.95 USD
2 years ago
Jun 03, 2022
Bought 45 K USD
Gonick Denise V
director:
+ 1000
 44.95 USD
2 years ago
May 20, 2022
Sell 51.9 K USD
COLE LOREN D
EVP & CIO
- 1150
 45.119 USD
2 years ago
Feb 01, 2022
Sell 18.2 K USD
Gonick Denise V
Director
- 400
 45.62 USD
2 years ago
Feb 01, 2022
Sell 18.2 K USD
Gonick Denise V
Director
- 400
 45.61 USD
2 years ago
Jan 28, 2022
Bought 37.1 K USD
Gonick Denise V
Director
+ 800
 46.4 USD
2 years ago
Nov 19, 2021
Bought 14.7 K USD
Tranter G. Thomas Jr.
Director
+ 320
 46 USD
3 years ago
Aug 19, 2021
Bought 40.8 K USD
STREETER JEFFREY B
Director
+ 883
 46.216 USD
3 years ago
Aug 18, 2021
Bought 9.4 K USD
STREETER JEFFREY B
Director
+ 200
 46.9921 USD
3 years ago
Aug 17, 2021
Bought 34.6 K USD
STREETER JEFFREY B
Director
+ 750
 46.2 USD
3 years ago
Aug 16, 2021
Bought 45.8 USD
STREETER JEFFREY B
Director
+ 1
 45.76 USD
3 years ago
Aug 13, 2021
Bought 27.7 K USD
STREETER JEFFREY B
Director
+ 600
 46.1866 USD
3 years ago
Aug 12, 2021
Bought 70.2 K USD
STREETER JEFFREY B
Director
+ 1500
 46.795 USD
3 years ago
Aug 09, 2021
Bought 552 USD
STREETER JEFFREY B
Director
+ 12
 45.99 USD
3 years ago
Aug 05, 2021
Bought 68.9 K USD
STREETER JEFFREY B
Director
+ 1500
 45.9398 USD
3 years ago
Jun 10, 2021
Sell 192 K USD
DALRYMPLE ROBERT H
Director
- 4300
 44.63 USD
3 years ago
Jun 07, 2021
Sell 249 K USD
DALRYMPLE ROBERT H
Director
- 5551
 44.9307 USD
3 years ago
Jun 08, 2021
Sell 663 K USD
DALRYMPLE ROBERT H
Director
- 14907
 44.5 USD
3 years ago
May 14, 2021
Sell 15.9 K USD
HAZELTON KIMBERLY A
Executive Vice President
- 360
 44.2179 USD
3 years ago
May 05, 2021
Sell 7.51 K USD
COLE LOREN D
EXECUTIVE VICE PRESIDENT
- 175
 42.94 USD
3 years ago
May 03, 2021
Sell 151 K USD
DALRYMPLE ROBERT H
Director
- 3515
 42.8701 USD
3 years ago
Apr 30, 2021
Sell 30.4 K USD
Wirth Thomas W
Executive Vice President
- 719
 42.25 USD
3 years ago
Feb 01, 2021
Bought 30.1 K USD
BUICKO DAVID M
Director
+ 893
 33.75 USD
3 years ago
Jan 29, 2021
Bought 3.6 K USD
BUICKO DAVID M
Director
+ 107
 33.64 USD
4 years ago
Oct 26, 2020
Bought 18.5 K USD
Tranter G. Thomas Jr.
Director
+ 499
 37 USD
4 years ago
May 14, 2020
Bought 17.6 K USD
COLE LOREN D
EXECUTIVE VICE PRESIDENT
+ 745
 23.59 USD
4 years ago
May 12, 2020
Bought 30.6 K USD
COLE LOREN D
EXECUTIVE VICE PRESIDENT
+ 1197
 25.54 USD
4 years ago
May 07, 2020
Bought 50.3 K USD
Tomson Anders
President & CEO
+ 2000
 25.1406 USD
4 years ago
May 07, 2020
Bought 163 K USD
Wirth Thomas W
Executive Vice President
+ 6658
 24.45 USD
4 years ago
Mar 23, 2020
Bought 1.78 K USD
KREBS KARL FRANCIS
EVP, CFO & Treasurer
+ 69
 25.85 USD
4 years ago
Mar 20, 2020
Bought 87 K USD
KREBS KARL FRANCIS
EVP, CFO & Treasurer
+ 3372
 25.8 USD
4 years ago
Mar 20, 2020
Bought 100 K USD
STREETER JEFFREY B
Director
+ 3960
 25.2435 USD
4 years ago
Mar 20, 2020
Bought 196 K USD
Bentley Ronald M
Director
+ 7500
 26.195 USD
4 years ago
Mar 20, 2020
Bought 5.35 K USD
Gonick Denise V
Director
+ 200
 26.75 USD
4 years ago
Mar 20, 2020
Bought 15.4 K USD
Tomson Anders
President & CEO
+ 600
 25.6772 USD
4 years ago
Mar 20, 2020
Bought 4.62 K USD
COLE LOREN D
EXECUTIVE VICE PRESIDENT
+ 175
 26.4 USD
4 years ago
Mar 20, 2020
Bought 36 K USD
BUICKO DAVID M
Director
+ 1500
 24 USD
5 years ago
May 21, 2019
Sell 9.5 K USD
Wirth Thomas W
Executive Vice President
- 200
 47.5 USD
5 years ago
May 14, 2019
Sell 20.8 K USD
Fariello Daniel D
President, Capital Bank Div.
- 429
 48.469 USD
5 years ago
May 06, 2019
Sell 436 USD
Fariello Daniel D
President, Capital Bank Div.
- 9
 48.5 USD
5 years ago
Mar 05, 2019
Bought 28 K USD
STREETER JEFFREY B
Director
+ 594
 47.1146 USD
5 years ago
Feb 22, 2019
Sell 5.55 K USD
Makowski Karen R
Executive Vice President & CRO
- 115
 48.25 USD
5 years ago
Feb 25, 2019
Sell 18.6 K USD
Makowski Karen R
Executive Vice President & CRO
- 385
 48.35 USD
5 years ago
Feb 22, 2019
Sell 24.1 K USD
Makowski Karen R
Executive Vice President & CRO
- 500
 48.25 USD
5 years ago
Jan 28, 2019
Bought 20.8 K USD
Tranter G. Thomas Jr.
Director
+ 500
 41.5 USD
5 years ago
Jan 28, 2019
Bought 41.8 K USD
Gonick Denise V
Director
+ 1000
 41.76 USD
6 years ago
Oct 24, 2018
Bought 36.1 K USD
Tranter G. Thomas Jr.
Director
+ 850
 42.5 USD
6 years ago
Aug 28, 2018
Sell 21.5 K USD
DALRYMPLE ROBERT H
Director
- 508
 42.3929 USD
6 years ago
Aug 29, 2018
Sell 73.3 K USD
DALRYMPLE ROBERT H
Director
- 1733
 42.2683 USD
6 years ago
Aug 27, 2018
Sell 85.3 K USD
DALRYMPLE ROBERT H
Director
- 2000
 42.6624 USD
6 years ago
Aug 21, 2018
Sell 42.7 K USD
POTTER JOHN F
Director
- 1000
 42.7 USD
6 years ago
Aug 21, 2018
Sell 85.1 K USD
DALRYMPLE ROBERT H
Director
- 2000
 42.535 USD
6 years ago
Aug 22, 2018
Sell 128 K USD
DALRYMPLE ROBERT H
Director
- 3000
 42.5668 USD
6 years ago
Jul 23, 2018
Sell 11.8 K USD
Wirth Thomas W
Executive Vice President
- 250
 47 USD
6 years ago
May 09, 2018
Bought 22.7 K USD
BUICKO DAVID M
Director
+ 485
 46.86 USD
6 years ago
May 07, 2018
Bought 705 USD
BUICKO DAVID M
Director
+ 15
 47 USD
6 years ago
May 07, 2018
Sell 95 K USD
LOUNSBERRY STEPHEN M III
Director
- 2000
 47.5 USD
6 years ago
Feb 26, 2018
Sell 450 USD
LOUNSBERRY STEPHEN M III
Director
- 10
 45 USD
7 years ago
Jul 20, 2017
Sell 254 K USD
SWAN RICHARD W
Director
- 6240
 40.75 USD
6 years ago
Feb 20, 2018
Bought 55.2 K USD
Tranter G. Thomas Jr.
Director
+ 1250
 44.12 USD
7 years ago
Oct 24, 2017
Sell 541 USD
HAZELTON KIMBERLY A
Executive Vice President
- 12.276
 44.06 USD
7 years ago
Oct 31, 2017
Sell 4.53 K USD
HAZELTON KIMBERLY A
Executive Vice President
- 96.745
 46.82 USD
6 years ago
Nov 20, 2017
Sell 35 K USD
KREBS KARL FRANCIS
EVP, CFO & Treasurer
- 750
 46.6723 USD
7 years ago
Jul 25, 2017
Sell 22 K USD
Wirth Thomas W
Executive Vice President
- 539
 40.75 USD
7 years ago
May 02, 2017
Sell 267 K USD
Bentley Ronald M
Director
- 6978
 38.2501 USD
7 years ago
Apr 25, 2017
Bought 163 K USD
DALRYMPLE DAVID J
Director
+ 4300
 38 USD
7 years ago
Apr 25, 2017
Sell 163 K USD
DALRYMPLE DAVID J
Director
- 4300
 38 USD
7 years ago
Mar 06, 2017
Bought 21.8 K USD
Tranter G. Thomas Jr.
Director
+ 605
 36 USD
7 years ago
Mar 03, 2017
Bought 14.2 K USD
Tranter G. Thomas Jr.
Director
+ 395
 36 USD
7 years ago
Feb 17, 2017
Bought 44.4 K USD
Tranter G. Thomas Jr.
Director
+ 1250
 35.5 USD
7 years ago
Feb 10, 2017
Sell 182 K USD
Bentley Ronald M
Director
- 5000
 36.3262 USD
8 years ago
Nov 16, 2016
Sell 46.5 K USD
Makowski Karen R
Executive Vice President
- 1500
 31 USD
8 years ago
Nov 08, 2016
Bought 69.9 K USD
DALRYMPLE DAVID J
Director
+ 2398
 29.1499 USD
8 years ago
Nov 03, 2016
Bought 13.5 K USD
Tranter G. Thomas Jr.
Director
+ 473
 28.6 USD
8 years ago
Nov 02, 2016
Bought 6.49 K USD
Tranter G. Thomas Jr.
Director
+ 227
 28.6 USD
8 years ago
Oct 31, 2016
Bought 8.55 K USD
Tranter G. Thomas Jr.
Director
+ 300
 28.5 USD
8 years ago
Oct 26, 2016
Bought 460 USD
Tully Kevin B
Director
+ 16
 28.75 USD
8 years ago
Oct 25, 2016
Bought 13.9 K USD
Tully Kevin B
Director
+ 484
 28.8 USD
8 years ago
Oct 25, 2016
Sell 145 USD
Wirth Thomas W
Executive Vice President
- 5
 29 USD
8 years ago
Oct 25, 2016
Sell 16.8 K USD
Wirth Thomas W
Executive Vice President
- 601
 28 USD
8 years ago
May 24, 2016
Sell 9.52 K USD
FUNK THOMAS E
Controller
- 300
 31.75 USD
8 years ago
May 18, 2016
Sell 21.6 K USD
DALRYMPLE ROBERT H
Director
- 754
 28.69 USD
8 years ago
May 03, 2016
Bought 29.8 K USD
Tranter G. Thomas Jr.
Director
+ 1125
 26.5 USD
8 years ago
Feb 16, 2016
Bought 53 K USD
Tranter G. Thomas Jr.
Director
+ 2000
 26.5 USD
8 years ago
Nov 23, 2015
Sell 19.1 K USD
DALRYMPLE ROBERT H
Director
- 700
 27.3091 USD
9 years ago
Jul 29, 2015
Bought 13.4 K USD
Drinkwater Clover M
Director
+ 500
 26.7 USD
9 years ago
Jul 29, 2015
Bought 5.36 K USD
Drinkwater Clover M
Director
+ 200
 26.82 USD
9 years ago
Jul 29, 2015
Bought 8.05 K USD
Drinkwater Clover M
Director
+ 300
 26.8499 USD
9 years ago
Jul 28, 2015
Sell 18.7 K USD
SARTORI MELINDA A
Executive Vice President
- 710
 26.31 USD
9 years ago
Jul 28, 2015
Sell 2.63 K USD
SARTORI MELINDA A
Executive Vice President
- 100
 26.28 USD
7. News
Should Value Investors Buy Chemung Financial Corp (CHMG) Stock? 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 weeks ago
Chemung Financial (CHMG) Surpasses Q3 Earnings and Revenue Estimates Chemung Financial (CHMG) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.21 per share a year ago. zacks.com - 3 weeks ago
Chemung Financial Corporation Reports Third Quarter 2024 Net Income of $5.7 million, or $1.19 per share ELMIRA, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.7 million, or $1.19 per share, for the third quarter of 2024, compared to $5.0 million, or $1.05 per share, for the second quarter of 2024, and $7.6 million, or $1.61 per share, for the third quarter of 2023. globenewswire.com - 3 weeks ago
Chemung Financial Corporation Announces Quarterly Dividend ELMIRA, N.Y., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 1, 2024, to common stock shareholders of record as of the close of business on September 19, 2024. globenewswire.com - 2 months ago
Chemung Financial (CHMG) Misses Q2 Earnings and Revenue Estimates Chemung Financial (CHMG) came out with quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.33 per share a year ago. zacks.com - 3 months ago
Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quarter of 2023. globenewswire.com - 3 months ago
Chemung Financial Corporation Announces Quarterly Dividend ELMIRA, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on July 1, 2024, to common stock shareholders of record as of the close of business on June 17, 2024. globenewswire.com - 5 months ago
Chemung Financial (CHMG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Chemung Financial (CHMG) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 6 months ago
Chemung Financial (CHMG) Q1 Earnings and Revenues Top Estimates Chemung Financial (CHMG) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.54 per share a year ago. zacks.com - 6 months ago
Chemung Financial Corporation Reports First Quarter 2024 Net Income of $7.1 million, or $1.48 per share ELMIRA, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $7.1 million, or $1.48 per share, for the first quarter of 2024, compared to $3.8 million, or $0.80 per share, for the fourth quarter of 2023, and $7.3 million, or $1.54 per share, for the first quarter of 2023. globenewswire.com - 6 months ago
Unveiling Chemung Financial (CHMG) Q1 Outlook: Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of Chemung Financial (CHMG) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 7 months ago
Chemung Financial Corporation Announces Quarterly Dividend ELMIRA, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on April 1, 2024, to common stock shareholders of record as of the close of business on March 18, 2024. globenewswire.com - 8 months ago
8. Profile Summary

Chemung Financial Corporation CHMG

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 245 M
Dividend Yield 1.29%
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 339
Officers Mr. Scott T. Heffner Senior Vice President & Director of Marketing 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 Ms. Kathleen S. McKillip Vice President & Corporate Secretary Mr. Loren Dale Cole Executive Vice President & Chief Information Officer 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. Anders M. Tomson President, Chief Executive Officer & Director Mr. Peter K. Cosgrove EVice President, Chief Credit Officer & Chief Risk Officer Mr. Daniel D. Fariello President of Capital Bank Division