Chemung Financial Corp
CHMG

$46.40

0.81%

Market Cap: $221M

About: Chemung Financial Corp is a bank holding firm. It provides financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, securities, and insurance brokerage services. Its business operations are organized into two lines of business: Banking, and Wealth Management services. It derives its revenues from the core banking business.

Employees: 339

Financials State Commercial Banks

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

47% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 15

15% more funds holding

Funds holding: 55 [Q1] → 63 (+8) [Q2]

14% more capital invested

Capital invested by funds: $83.7M [Q1] → $95.5M (+$11.8M) [Q2]

0.38% more ownership

Funds ownership: 41.49% [Q1] → 41.88% (+0.38%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for CHMG.

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Financial journalist opinion

Chemung Financial Corporation Announces Quarterly Dividend

ELMIRA, N.Y., Aug. 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, payable on October 1, 2024, to common stock shareholders of record as of the close of business on September 19, 2024.

Chemung Financial Corporation Announces Quarterly Dividend

Zacks Investment Research

Chemung Financial (CHMG) Misses Q2 Earnings and Revenue Estimates

Chemung Financial (CHMG) came out with quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.33 per share a year ago.

Chemung Financial (CHMG) Misses Q2 Earnings and Revenue Estimates

Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share

ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quarter of 2023.

Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share

These small stocks with big dividends can grow even after the small-cap rally fades

You should think twice before shifting your stock portfolio toward smaller-cap names. Small-cap stocks' spectacular rally over the past week does not mean market leadership is shifting from the large caps more than just temporarily.

These small stocks with big dividends can grow even after the small-cap rally fades

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, payable on July 1, 2024, to common stock shareholders of record as of the close of business on June 17, 2024.

Chemung Financial Corporation Announces Quarterly Dividend

Zacks Investment Research

Chemung Financial (CHMG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Chemung Financial (CHMG) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Chemung Financial (CHMG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

Chemung Financial (CHMG) Q1 Earnings and Revenues Top Estimates

Chemung Financial (CHMG) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.54 per share a year ago.

Chemung Financial (CHMG) Q1 Earnings and Revenues Top Estimates

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 income of $7.1 million, or $1.48 per share, for the first quarter of 2024, compared to $3.8 million, or $0.80 per share, for the fourth quarter of 2023, and $7.3 million, or $1.54 per share, for the first quarter of 2023.

Chemung Financial Corporation Reports First Quarter 2024 Net Income of $7.1 million, or $1.48 per share

Zacks Investment Research

Unveiling Chemung Financial (CHMG) Q1 Outlook: Wall Street Estimates for Key Metrics

Get a deeper insight into the potential performance of Chemung Financial (CHMG) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Unveiling Chemung Financial (CHMG) Q1 Outlook: Wall Street Estimates for Key Metrics

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, payable on April 1, 2024, to common stock shareholders of record as of the close of business on March 18, 2024.

Chemung Financial Corporation Announces Quarterly Dividend

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