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Chemung Financial NasdaqGS:CHMG Stock Report

Last Price

US$43.55

Market Cap

US$206.3m

7D

-0.3%

1Y

25.9%

Updated

22 May, 2024

Data

Company Financials +

Chemung Financial Corporation

NasdaqGS:CHMG Stock Report

Market Cap: US$206.3m

CHMG Stock Overview

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

CHMG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Chemung Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chemung Financial
Historical stock prices
Current Share PriceUS$43.55
52 Week HighUS$51.36
52 Week LowUS$33.72
Beta0.21
1 Month Change-2.55%
3 Month Change2.23%
1 Year Change25.90%
3 Year Change-1.80%
5 Year Change-6.34%
Change since IPO2,018.65%

Recent News & Updates

Recent updates

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

Is It Worth Buying Chemung Financial Corporation (NASDAQ:CHMG) For Its 2.4% Dividend Yield?

Apr 29
Is It Worth Buying Chemung Financial Corporation (NASDAQ:CHMG) For Its 2.4% Dividend Yield?

Why You Might Be Interested In Chemung Financial Corporation (NASDAQ:CHMG) For Its Upcoming Dividend

Mar 12
Why You Might Be Interested In Chemung Financial Corporation (NASDAQ:CHMG) For Its Upcoming Dividend

Does Chemung Financial (NASDAQ:CHMG) Deserve A Spot On Your Watchlist?

Mar 09
Does Chemung Financial (NASDAQ:CHMG) Deserve A Spot On Your Watchlist?

What Kind Of Investors Own Most Of Chemung Financial Corporation (NASDAQ:CHMG)?

Feb 16
What Kind Of Investors Own Most Of Chemung Financial Corporation (NASDAQ:CHMG)?

Shareholder Returns

CHMGUS BanksUS Market
7D-0.3%-1.4%-0.2%
1Y25.9%37.6%28.2%

Return vs Industry: CHMG underperformed the US Banks industry which returned 36.8% over the past year.

Return vs Market: CHMG underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is CHMG's price volatile compared to industry and market?
CHMG volatility
CHMG Average Weekly Movement3.6%
Banks Industry Average Movement3.9%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: CHMG has not had significant price volatility in the past 3 months.

Volatility Over Time: CHMG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1833339Anders Tomsonwww.chemungcanal.com

Chemung Financial Corporation operates as a bank 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 and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans.

Chemung Financial Corporation Fundamentals Summary

How do Chemung Financial's earnings and revenue compare to its market cap?
CHMG fundamental statistics
Market capUS$206.25m
Earnings (TTM)US$24.78m
Revenue (TTM)US$96.44m

8.4x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CHMG income statement (TTM)
RevenueUS$96.44m
Cost of RevenueUS$0
Gross ProfitUS$96.44m
Other ExpensesUS$71.66m
EarningsUS$24.78m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.21
Gross Margin100.00%
Net Profit Margin25.70%
Debt/Equity Ratio38.5%

How did CHMG perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

24%

Payout Ratio
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