Chemung Financial Balance Sheet Health
Financial Health criteria checks 6/6
Chemung Financial has total assets of $2.8B and total equity of $220.7M. Total deposits are $2.5B, and total loans are $2.0B. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $100.2M.
Key information
12.6x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$2.45b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$100.16m |
Recent financial health updates
No updates
Recent updates
Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Nov 23
We think Chemung Financial Corporation's (NASDAQ:CHMG) CEO May Struggle To See Much Of A Pay Rise This Year
May 29Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31
Feb 25Chemung Financial (NASDAQ:CHMG) Has Affirmed Its Dividend Of $0.31
Dec 13Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Nov 19Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31
Sep 03Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Aug 20Chemung Financial Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 24Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of $0.31
Jun 06Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
May 23Chemung Financial (NASDAQ:CHMG) Is Due To Pay A Dividend Of $0.31
Dec 09Chemung Financial's (NASDAQ:CHMG) Dividend Will Be $0.31
Sep 07Chemung Financial (NASDAQ:CHMG) Is Paying Out A Dividend Of $0.31
Aug 21Chemung Financial declares $0.31 dividend
Aug 17Chemung Financial GAAP EPS of $1.72, revenue of $24.7M
Jul 21Chemung Financial's (NASDAQ:CHMG) Dividend Will Be US$0.31
Jun 09Chemung Financial (NASDAQ:CHMG) Will Pay A Dividend Of US$0.31
May 22Shareholders May Not Be So Generous With Chemung Financial Corporation's (NASDAQ:CHMG) CEO Compensation And Here's Why
Jun 02Is It Worth Buying Chemung Financial Corporation (NASDAQ:CHMG) For Its 2.4% Dividend Yield?
Apr 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CHMG's Assets to Equity ratio (12.6x) is moderate.
Allowance for Bad Loans: CHMG has a sufficient allowance for bad loans (203%).
Low Risk Liabilities: 96% of CHMG's liabilities are made up of primarily low risk sources of funding.
Loan Level: CHMG has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: CHMG's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: CHMG has an appropriate level of bad loans (0.5%).