Chemung Financial Corporation

NasdaqGS:CHMG Stock Report

Market Cap: US$238.2m

Chemung Financial Future Growth

Future criteria checks 3/6

Chemung Financial is forecast to grow earnings and revenue by 15.3% and 10.6% per annum respectively. EPS is expected to grow by 15.3% per annum. Return on equity is forecast to be 11.4% in 3 years.

Key information

15.3%

Earnings growth rate

15.3%

EPS growth rate

Banks earnings growth10.7%
Revenue growth rate10.6%
Future return on equity11.4%
Analyst coverage

Low

Last updated03 Dec 2024

Recent future growth updates

Chemung Financial Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 24
Chemung Financial Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Nov 23
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

We think Chemung Financial Corporation's (NASDAQ:CHMG) CEO May Struggle To See Much Of A Pay Rise This Year

May 29
We think Chemung Financial Corporation's (NASDAQ:CHMG) CEO May Struggle To See Much Of A Pay Rise This Year

Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31

Feb 25
Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31

Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31

Dec 13
Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31

Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Nov 19
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31

Sep 03
Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31

Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Aug 20
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Chemung Financial Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 24
Chemung Financial Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31

Jun 06
Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31

Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

May 23
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Dec 09
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31

Chemung Financial's (NASDAQ:CHMG) Dividend Will Be $0.31

Sep 07
Chemung Financial's (NASDAQ:CHMG) Dividend Will Be $0.31

Chemung Financial (NASDAQ:CHMG) Is Paying Out A Dividend Of $0.31

Aug 21
Chemung Financial (NASDAQ:CHMG) Is Paying Out A Dividend Of $0.31

Chemung Financial declares $0.31 dividend

Aug 17

Chemung Financial GAAP EPS of $1.72, revenue of $24.7M

Jul 21

Chemung Financial's (NASDAQ:CHMG) Dividend Will Be US$0.31

Jun 09
Chemung Financial's (NASDAQ:CHMG) Dividend Will Be US$0.31

Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of US$0.31

May 22
Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of US$0.31

Shareholders May Not Be So Generous With Chemung Financial Corporation's (NASDAQ:CHMG) CEO Compensation And Here's Why

Jun 02
Shareholders May Not Be So Generous With Chemung Financial Corporation's (NASDAQ:CHMG) CEO Compensation And Here's Why

Earnings and Revenue Growth Forecasts

NasdaqGS:CHMG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202611931N/AN/A1
12/31/202510625N/AN/A1
12/31/20249623N/AN/A1
9/30/202493222527N/A
3/31/202496252828N/A
12/31/202396253031N/A
9/30/202399292930N/A
6/30/202397273435N/A
3/31/202398293940N/A
12/31/202296293535N/A
9/30/202294284142N/A
6/30/202293283636N/A
3/31/202291273333N/A
12/31/202189263535N/A
9/30/202189253535N/A
6/30/202187243132N/A
3/31/202185233031N/A
12/31/202080192829N/A
9/30/202078182325N/A
6/30/202073142627N/A
3/31/202072142525N/A
12/31/201975162626N/A
9/30/201975172929N/A
6/30/201981223031N/A
3/31/201980202728N/A
12/31/201880202628N/A
9/30/201874122527N/A
6/30/2018708N/A25N/A
3/31/2018709N/A24N/A
12/31/2017687N/A24N/A
9/30/20177213N/A19N/A
6/30/20177112N/A20N/A
3/31/20177010N/A23N/A
12/31/20167110N/A22N/A
9/30/2016719N/A24N/A
6/30/2016709N/A21N/A
3/31/20167010N/A17N/A
12/31/2015709N/A14N/A
9/30/20157512N/A16N/A
6/30/2015749N/A15N/A
3/31/2015738N/A19N/A
12/31/2014728N/A18N/A
9/30/2014655N/A20N/A
6/30/2014648N/A19N/A
3/31/2014638N/A22N/A
12/31/2013619N/A23N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHMG's forecast earnings growth (15.3% per year) is above the savings rate (2.6%).

Earnings vs Market: CHMG's earnings (15.3% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: CHMG's earnings are forecast to grow, but not significantly.

Revenue vs Market: CHMG's revenue (10.6% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: CHMG's revenue (10.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CHMG's Return on Equity is forecast to be low in 3 years time (11.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 22:58
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chemung Financial Corporation is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BishopD.A. Davidson & Co.
Jacob CivielloJanney Montgomery Scott LLC
Christopher McGrattyKeefe, Bruyette, & Woods