Chemung Financial Corporation (CHMG)
Market Cap | 220.08M |
Revenue (ttm) | 96.44M |
Net Income (ttm) | 24.78M |
Shares Out | 4.75M |
EPS (ttm) | 5.22 |
PE Ratio | 8.87 |
Forward PE | 9.70 |
Dividend | $1.24 (2.68%) |
Ex-Dividend Date | Jun 17, 2024 |
Volume | 3,058 |
Open | 46.63 |
Previous Close | 46.36 |
Day's Range | 46.11 - 46.79 |
52-Week Range | 36.99 - 51.36 |
Beta | 0.19 |
Analysts | Hold |
Price Target | 49.00 (+5.81%) |
Earnings Date | Jul 18, 2024 |
About CHMG
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 ... [Read more]
Financial Performance
In 2023, CHMG's revenue was $95.74 million, a decrease of -0.44% compared to the previous year's $96.17 million. Earnings were $25.00 million, a decrease of -13.14%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CHMG stock is "Hold" and the 12-month stock price forecast is $49.0.
News
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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, payab...
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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 in...
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Chemung Financial Corporation Reports Annual Net Income of $25.0 million, or $5.28 per share, and Fourth Quarter 2023 Net Income of $3.8 million, or $0.80 per share
Chemung Financial Corporation Reports Annual Net Income of $25.0 million, or $5.28 per share, and Fourth Quarter 2023 Net Income of $3.8 million, or $0.80
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Chemung Financial Corporation Reports Third Quarter 2023 Net Income of $7.6 million, or $1.61 per Share
ELMIRA, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Reports Second Quarter 2023 Net Income of $6.3 million, or $1.33 per Share
ELMIRA, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Canal Trust Company Appoints New Executive Vice President, Chief Financial Officer & Treasurer
ELMIRA, N.Y., June 02, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, today announced that Dale M. McKim III will join the Bank's...
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Chemung Financial Corporation Reports First Quarter 2023 Net Income of $7.3 million, or $1.54 per Share
ELMIRA, N.Y., April 20, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net in...
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Chemung Financial Corporation Reports Annual Net Income of $28.8 million, or $6.13 per share, and Fourth Quarter 2022 Net Income of $7.4 million, or $1.58 per Share
ELMIRA, N.Y., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Reports Third Quarter 2022 Net Income of $6.5 million, or $1.37 per Share
ELMIRA, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Reports Second Quarter 2022 Net Income of $8.0 million, or $1.72 per Share
ELMIRA, N.Y., July 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Reports First Quarter 2022 Net Income of $6.9 million, or $1.46 per Share
ELMIRA, N.Y., April 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net in...
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Chemung Financial Corporation Reports Annual Net Income of $26.4 million, or $5.64 per Share, and Fourth Quarter 2021 Net Income of $6.5 million, or $1.38 per Share
ELMIRA, N.Y., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Reports Third Quarter 2021 Net Income of $6.6 million, or $1.42 per Share
ELMIRA, N.Y, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inco...
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Chemung Financial Corporation Reports Second Quarter 2021 Net Income of $6.8 million, or $1.45 per Share
ELMIRA, N.Y., July 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Announces Dividend Increase
ELMIRA, N.Y., May 20, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.05 per share, equal to a ...
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Chemung Financial Corporation Reports First Quarter 2021 Net Income of $6.5 million, or $1.39 per Share
ELMIRA, N.Y., April 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net in...
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Chemung Financial Corporation Reports Annual Net Income of $19.3 million, or $4.01 per Share, and Fourth Quarter 2020 Net Income of $5.2 million, or $1.11 per Share
ELMIRA, N.Y., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Announces Approval of New Stock Repurchase Program
ELMIRA, N.Y., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, announced today that the Board of D...
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Chemung Financial Corporation Reports Third Quarter 2020 Net Income of $5.7 million, or $1.19 per Share
ELMIRA, N.Y., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inc...
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Chemung Financial Corporation Reports Second Quarter 2020 Net Income of $5.8 million, or $1.20 per Share
ELMIRA, N.Y., July 20, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net i...
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Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per share, pa...
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Chemung Canal Trust Company Announces Upcoming Closing of Towanda Office
ELMIRA, N.Y., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Chemung Canal Trust Company (CCTC) today announced that it will be closing its branch office on Main Street in Towanda, at the close of business on Th...
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CORRECTION – Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Dec. 16, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier on December 13, 2019 by Chemung Financial Corporation (Nasdaq: CHMG) please note that in the first...
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Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Dec. 13, 2019 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per share, pa...
![](https://cdn.snapi.dev/images/v1/k/j/press7.jpg)
Chemung Canal Trust Company Executive Set to Retire
ELMIRA, N.Y., Dec. 03, 2019 (GLOBE NEWSWIRE) -- Chemung Canal Trust Company today announced that Karen R. Makowski, Executive Vice President and Chief Risk Officer, will be retiring on January 2, 20...