Chemung Financial Corporation (CHMG)
Market Cap | 201.81M |
Revenue (ttm) | 95.74M |
Net Income (ttm) | 25.00M |
Shares Out | 4.75M |
EPS (ttm) | 5.28 |
PE Ratio | 8.05 |
Forward PE | 8.88 |
Dividend | $1.24 (2.92%) |
Ex-Dividend Date | Mar 15, 2024 |
Volume | 3,483 |
Open | 42.35 |
Previous Close | 42.07 |
Day's Range | 42.02 - 42.49 |
52-Week Range | 33.72 - 51.36 |
Beta | 0.21 |
Analysts | Hold |
Price Target | 49.00 (+15.35%) |
Earnings Date | Jan 25, 2023 |
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
Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Feb. 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, paya...
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
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Chemung Financial Corporation Reports Third Quarter 2019 Net Income of $2.0 Million, or $0.40 per Share
ELMIRA, N.Y., Oct. 18, 2019 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net i...