Chemung Financial Stock (NASDAQ:CHMG)


RevenueOwnershipFinancialsChart

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$46.67

52W Range

$38.75 - $51.36

50D Avg

$46.50

200D Avg

$45.01

Market Cap

$223.34M

Avg Vol (3M)

$13.62K

Beta

0.17

Div Yield

$1.24 (1.98%)

CHMG Company Profile


Chemung Financial Corporation operates as the 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 mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. Further, it provides securities, insurance, and tax preparation services. Additionally, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

339

IPO Date

Jan 04, 1999

Website

CHMG Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Service Charge on Deposits, Other$823.00K$704.00K$948.00K
Loan Servicing Fees$144.00K$153.00K$148.00K
Product and Service, Other$4.14M$1.67M$2.19M
Sale of Loans$144.00K$107.00K$1.07M
Interchange Revenue$4.61M$4.60M$4.84M
Investment Brokerage$995.00K$1.08M$1.04M
Overdraft Fees$3.10M$3.08M$2.27M
W M G Fee Income$10.46M$10.28M$11.07M

Fiscal year ends in Dec 23 | Currency in USD

CHMG Financial Summary


Dec 23Dec 22Dec 21
Revenue$137.52M$94.61M$88.42M
Operating Income$31.50M$44.19M$33.76M
Net Income$25.00M$28.78M$26.43M
EBITDA$31.50M$44.20M$34.00M
Basic EPS$5.28$6.14$5.64
Diluted EPS$5.28$6.14$5.64

Fiscal year ends in Dec 23 | Currency in USD

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