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CHMGChemung Financial Corp

NASDAQ · Financial Services · Banks - Regional

$83.00

+$3.11 (+3.89%)

Chemung Financial Corp (CHMG) is a banks - regional company listed on NASDAQ. It is led by Anders M. Tomson, based in One Chemung Canal Plaza, Elmira, NY, United States, 14901, with about 348 employees. 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 deposits. 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, as well as automobile loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. The company was founded in 1833 and is based in Elmira, New York.

Net income was $7.8M. CHMG currently screens at market cap $342.4M and trailing P/E 18.7.

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About Chemung Financial Corp

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 deposits. 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, as well as automobile loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. The company was founded in 1833 and is based in Elmira, New York.

CHMG Key Statistics

Market Cap

$342.35M

Volume

7,636

Previous Close

$82.60

Day Range

$81.67$82.88

P/E Ratio

18.74

0

EPS

$4.96

Revenue

$0.00

Net Income

$23.67M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

1.92%

Employees

348

CHMG Financials

Annual income statement in USD. Latest reported periods first.

CHMG annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$23.67M$25.00M$28.78M$26.43M
EPS (Diluted)$4.96$5.28$6.13$5.64

Total Assets

$2.78B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$47.03M

Operating Cash Flow

$29.82M

Free Cash Flow

$0.00

Chemung Financial Corp Company Information

President, CEO & Director
Anders M. Tomson
Headquarters
One Chemung Canal Plaza, Elmira, NY, United States, 14901
Phone
607 737 3711
IPO / Founded
1999-01-04
Industry
Banks - Regional
Data Updated:

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