CHEMUNG FINANCIAL CORP (CHMG)
Financials · Community banking and financial services · NASDAQ
A regional community bank holding company serving locally-generated deposits with a diversified mix of lending, wealth management, and financial services across upstate New York.
What CHEMUNG FINANCIAL CORP does
Chemung Financial Corporation is a financial holding company established in 2000 that operates Chemung Canal Trust Company (founded 1833) and provides a wide range of financial services including demand, savings, and time deposits, commercial, residential and consumer loans, wealth management services, insurance products, mutual funds, and brokerage services. The company derives income primarily from interest and fees on loans, interest income on investment securities, wealth management fees, and deposit-related service fees, with a foundation built on locally generated deposits.
Themes: ["Community banking","Wealth management","Deposit banking","Loan origination"]
Fundamentals
- Price$74.77 as of 2026-07-09 close
- Market cap$357M as of 2026-07-10
- 1-year return+41.6% as of 2026-07-09 close
- P/E19.55 as of 2026-07-10
- Net margin+28.2% as of 2026-07-10
- ROE+7.3% as of 2026-07-10
- Debt / equity0.18 as of 2026-07-10
- Revenue growth (YoY)+44.0% as of 2026-07-10
- Beta0.61 as of 2026-07-10
Dividend: yield +1.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Changes in economic conditions and interest rates, which significantly affect lending margins and deposit management","Credit risk and loan portfolio performance deterioration given the uncertainty in estimating lifetime credit losses under CECL accounting","Cybersecurity risks, bank failures in the sector, regulatory changes, and FDIC assessment increases affecting profitability"]
Competitors & peers
- Tompkins Financial Corporation
- Chemung Community Trust Bank (private)
- NYSB Bancorp
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.