Chemung Financial Stock (NASDAQ:CHMG)
Previous Close
$50.65
52W Range
$39.00 - $52.59
50D Avg
$48.18
200D Avg
$45.01
Market Cap
$238.40M
Avg Vol (3M)
$13.38K
Beta
0.17
Div Yield
$1.24 (2.48%)
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.
CHMG Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
Product/Service | Dec 23 | Dec 22 | Dec 21 |
---|---|---|---|
Sale of Loans | $144.00K | $107.00K | $1.07M |
Interchange Revenue | $4.61M | $4.60M | $4.84M |
W M G Fee Income | $10.46M | $10.28M | $11.07M |
Overdraft Fees | $3.10M | $3.08M | $2.27M |
Investment Brokerage | $995.00K | $1.08M | $1.04M |
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 |
Peer Comparison
Ticker | Company |
---|---|
OFED | Oconee Federal Financial Corp. |
COFS | ChoiceOne Financial Services, Inc. |
FNWD | Finward Bancorp |
OVLY | Oak Valley Bancorp |
FCCO | First Community Corporation |
CWBC | Community West Bancshares |
FFNW | First Financial Northwest, Inc. |
HMNF | HMN Financial, Inc. |
OBT | Orange County Bancorp, Inc. |
HFBL | Home Federal Bancorp, Inc. of Louisiana |
BSVN | Bank7 Corp. |
FNWB | First Northwest Bancorp |