Chemung Financial Corporation (CHMG)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Chemung Financial Corporation (CHMG) trades at $74.11 with AI Score 74/100 (Grade A). Chemung Financial Corporation, founded in 1833, operates as the holding company for Chemung Canal Trust Company, providing banking, financing, and fiduciary services. Market cap: $357.17M, Sector: Financial services.
Price live · AI analysis from May 4, 2026Analyst Coverage for CHMG: CHMG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CHMG against Financial Services peers across nine fundamental dimensions and assigns a relatively strong fundamental profile based on the underlying data.
CHMG: 1/1 perspectives are bullish.
How is this calculated? →Chemung Financial Corporation (CHMG) Financial Services Profile
Chemung Financial Corporation, established in 1833, is a regional bank holding company offering diverse financial services, including commercial and retail banking, wealth management, and trust services. Operating primarily in New York and Pennsylvania, CHMG distinguishes itself through its long-standing community presence and comprehensive financial solutions.
What Is the Investment Thesis for CHMG?
Chemung Financial Corporation presents a stable investment opportunity within the regional banking sector. With a market capitalization of $357.17M and a P/E ratio of 17.8, the company demonstrates consistent profitability, supported by a profit margin of 12.8% and a gross margin of 66.5%. The dividend yield of 2.04% offers a steady income stream for investors. Growth catalysts include expanding wealth management services and strategic lending initiatives in its operating regions. Potential risks include interest rate sensitivity and regulatory compliance costs, which could impact profitability. The company's beta of 0.46 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
CHMG Key Highlights
- Market Cap of $357.17M indicates a solid valuation within the regional banking sector.
- P/E ratio of 17.8 reflects reasonable earnings valuation compared to industry peers.
- Profit Margin of 12.8% demonstrates effective cost management and profitability.
- Gross Margin of 66.5% highlights strong revenue generation relative to the cost of services.
- Dividend Yield of 2.04% provides a consistent income stream for investors.
Who Are CHMG's Competitors?
CHMG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.24 | +0.50% | $3.58B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| GBOOY Grupo Financiero Banorte, S.A.B. de C.V. | $54.16 | +0.39% | $30.47B | 67 |
| ASBA Associated Banc-Corp | $24.53 | +0.25% | $4.05B | 67 |
| LRBI Lake Ridge Bancorp Inc. | $143.25 | +0.00% | $281.73M | 67 |
| HMST HomeStreet, Inc. | $13.87 | +1.84% | $262.43M | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CHMG's Key Strengths?
- Long history and established presence in local markets.
- Comprehensive range of banking and financial services.
- Strong relationships with local businesses and communities.
- Stable deposit base.
What Are CHMG's Weaknesses?
- Limited geographic diversification.
- Smaller scale compared to larger regional and national banks.
- Reliance on traditional banking services.
- Potential for higher operating costs due to branch network.
What Could Drive CHMG Stock Higher?
- Potential interest rate hikes by the Federal Reserve could increase net interest margin.
- Expansion of wealth management services to attract high-net-worth clients.
- Strategic lending initiatives targeting small and mid-sized businesses.
What Are the Key Risks for CHMG?
- Financial-distress signal — its Altman Z-Score of 0.43 sits in the distress zone (elevated bankruptcy risk).
- Economic downturn in operating regions could increase loan defaults.
- Increased competition from larger banks and fintech companies.
- Stringent regulatory requirements and compliance costs.
- Cybersecurity threats and data breaches.
What Are the Growth Opportunities for CHMG?
- Expansion of Wealth Management Services: Chemung Financial can capitalize on the growing demand for wealth management services by expanding its offerings and attracting high-net-worth individuals in its operating regions. The wealth management market is projected to grow at an annual rate of 7% over the next five years. By enhancing its advisory services and investment products, Chemung Financial can increase its fee-based income and improve overall profitability. This strategy leverages the company's existing customer base and established trust within the community.
- Strategic Lending Initiatives: Focusing on lending to small and mid-sized businesses in underserved markets within its geographic footprint presents a significant growth opportunity. These businesses often face challenges in accessing capital from larger banks, creating a niche for Chemung Financial. By offering tailored loan products and personalized service, the company can build strong relationships and expand its loan portfolio. The market for small business lending is estimated at $800 billion annually, providing ample room for growth.
- Digital Banking Enhancements: Investing in digital banking technologies can attract younger customers and improve operational efficiency. Offering user-friendly mobile banking apps, online account management tools, and digital payment solutions can enhance customer experience and reduce costs. The adoption of digital banking is increasing rapidly, with over 60% of consumers now preferring to manage their finances online. By embracing digital transformation, Chemung Financial can remain competitive and attract a broader customer base.
- Strategic Acquisitions: Pursuing strategic acquisitions of smaller community banks or financial service providers can expand Chemung Financial's market presence and service offerings. Identifying targets with complementary business lines or geographic locations can create synergies and improve overall profitability. The banking industry is undergoing consolidation, presenting opportunities for well-capitalized institutions like Chemung Financial to grow through acquisitions. Due diligence and careful integration are critical for successful acquisitions.
- Increased Focus on Fee Income: Chemung Financial can increase its focus on generating fee income through various services such as insurance products, brokerage services, and trust administration. These services provide a stable source of revenue that is less sensitive to interest rate fluctuations. By cross-selling these services to existing customers and attracting new clients, the company can diversify its revenue streams and improve overall profitability. The market for fee-based financial services is growing, driven by increasing demand for financial planning and investment advice.
What Opportunities Does CHMG Have?
- Expansion of wealth management and fee-based services.
- Strategic acquisitions of smaller community banks.
- Investment in digital banking technologies.
- Growth in underserved markets within its geographic footprint.
What Threats Does CHMG Face?
- Increasing competition from larger banks and fintech companies.
- Interest rate fluctuations and economic downturns.
- Stringent regulatory requirements and compliance costs.
- Cybersecurity risks and data breaches.
What Are CHMG's Competitive Advantages?
- Long-standing presence and reputation in local markets.
- Strong relationships with local businesses and communities.
- Comprehensive suite of financial services catering to diverse customer needs.
- Established branch network across New York and Pennsylvania.
What Does CHMG Do?
Chemung Financial Corporation, headquartered in Elmira, New York, was founded in 1833. It operates as the holding company for Chemung Canal Trust Company. The bank provides a comprehensive suite of financial services, including traditional banking products like demand, savings, and time deposits, as well as non-interest and interest-bearing checking accounts, and insured money market accounts. Chemung Financial also offers a variety of lending options, including commercial and agricultural loans tailored to small to mid-sized businesses, commercial mortgage loans, residential mortgage loans, and consumer loans such as home equity lines of credit. Beyond lending and deposit services, Chemung Financial provides wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. It also offers specialized services such as interest rate swaps and letters of credit. The company extends its services to include securities, insurance, and tax preparation. Additionally, Chemung Financial provides fiduciary services, acting as a guardian, custodian, and trustee, as well as an agent for pension, profit-sharing, and other employee benefit trusts. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania.
What Products and Services Does CHMG Offer?
- Provides demand, savings, and time deposits.
- Offers non-interest and interest-bearing checking accounts.
- Provides insured money market accounts.
- Offers commercial and agricultural loans to small to mid-sized businesses.
- Provides commercial mortgage loans and residential mortgage loans.
- Offers consumer loans, including home equity lines of credit and home equity term loans.
- Provides wealth management and employee benefit plans.
- Offers mutual fund, insurance products, and brokerage services.
How Does CHMG Make Money?
- Generates revenue through interest income from loans.
- Earns fees from wealth management, brokerage, and trust services.
- Profits from the spread between deposit interest paid and loan interest earned.
- Offers a range of financial services to individuals and businesses.
What Industry Does CHMG Operate In?
Chemung Financial Corporation operates within the regional banking industry, which is characterized by increasing competition from larger national banks and fintech companies. The industry is subject to stringent regulatory oversight and is sensitive to interest rate fluctuations. Regional banks like Chemung Financial differentiate themselves through personalized customer service and local market expertise. The ongoing trend of consolidation in the banking sector presents both opportunities and challenges for smaller institutions. The regional banking sector is expected to see moderate growth, driven by economic expansion in local markets and increased demand for financial services.
Who Are CHMG's Key Customers?
- Small to mid-sized businesses seeking commercial loans.
- Individuals seeking residential mortgages and consumer loans.
- Customers seeking deposit accounts and wealth management services.
- Businesses and individuals needing trust and fiduciary services.
FY2026 estForward Outlook
Wall Street analysts project Chemung Financial Corporation revenue of about $123.9M for fiscal 2026, with EPS near $7.15.
Quarterly Financial Performance: Chemung Financial Corporation
Revenue for Chemung Financial Corporation came in at $39.9M during Q1 2026, a 2.4% contraction versus the preceding quarter. The company recorded net income of $9.2M, with diluted EPS of $1.91. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Financial Services. Across the four most recent quarters, CHMG averaged $0.95 in diluted EPS.
CHMG Valuation & Market Position
With a $357.17M market cap, Chemung Financial Corporation sits in the small-cap segment of the market. Relative to its peer group, CHMG's quantitative score of 74/100 is roughly in line with the peer average of 68/100.
ROE 7%Key Financial Metrics
Return on equity for Chemung Financial Corporation stands at 7.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.7%, showing how much profit it generates from its asset base. CHMG trades at a trailing price-to-earnings ratio of 17.82, roughly in line with the Financial Services sector average of ~18x. Its free cash flow yield is 12.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 5.1%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
Chemung Financial Corporation's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.43 places it in the distress zone, a signal of elevated financial risk.
Company Profile
Chemung Financial Corporation operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Elmira, US. The company is led by CEO Anders Tomson. CHMG has traded publicly since 1999.
CHMG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Chemung's insiders seem to be holding steady, signaling confidence from those closest to the company.
- The community buzz is cautiously optimistic, with many seeing Chemung as a stable, if unexciting, play.
- Market perception suggests Chemung is viewed as a traditional, reliable bank, which can be appealing in uncertain times. Think of it like a regional bank during the 2008 crisis – sometimes boring is good.
- There's a sense that Chemung is undervalued, with some community members believing it's a hidden gem in the financial sector.
Bear Case
- Recent community discussions reveal concerns about Chemung's growth prospects in a rapidly changing financial landscape.
- The overall market sentiment towards regional banks is lukewarm, potentially dragging down Chemung regardless of its individual performance. It's a bit like being caught in the same storm as Lehman Brothers, even if you're not directly involved.
- Insider activity, while not overtly negative, isn't showing strong buying signals either, suggesting a lack of conviction in immediate upside.
- Some community members express worries about Chemung's ability to adapt to new technologies and compete with larger, more innovative financial institutions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $40M | $9M | $1.91 |
| Q4 2025 | $41M | $8M | $1.61 |
| Q3 2025 | $40M | $8M | $1.60 |
| Q2 2025 | $22M | -$6M | -$1.34 |
Based on FMP financials and quantitative analysis
CHMG Latest News
No recent news available for CHMG.
CHMG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CHMG.
Price Targets
Wall Street price target analysis for CHMG.
CHMG MoonshotScore
What does this score mean?
The MoonshotScore rates CHMG's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest Chemung Financial Corporation Analysis
Leadership: Anders Tomson
CEO
Anders Tomson serves as the CEO of Chemung Financial Corporation, managing a workforce of 343 employees. Information regarding his detailed career history, education, and previous roles is not available. As CEO, he is responsible for the overall strategic direction and operational performance of the company, ensuring its continued growth and profitability within the competitive regional banking sector. His leadership is crucial in navigating the evolving financial landscape and maintaining Chemung Financial's position in the market.
Track Record: Details regarding Anders Tomson's specific achievements, strategic decisions, and company milestones under his leadership are not available. His role involves overseeing the company's financial performance, managing risk, and ensuring compliance with regulatory requirements. He is also responsible for fostering a strong corporate culture and maintaining positive relationships with stakeholders.
What Investors Ask About Chemung Financial Corporation (CHMG) — Financial Services
What does Chemung Financial Corporation do?
Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company, providing a range of banking, financing, and fiduciary services to individuals and businesses. Its core business involves accepting deposits and providing loans, including commercial, agricultural, residential mortgage, and consumer loans. Additionally, it offers wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. The company operates 31 branch offices in New York and Pennsylvania, focusing on building strong relationships within its local communities.
What are the main risks for CHMG?
Chemung Financial Corporation faces several risks inherent to the regional banking sector. Economic downturns in its operating regions could lead to increased loan defaults and reduced profitability. Competition from larger banks and fintech companies poses a threat to its market share. Stringent regulatory requirements and compliance costs can impact its financial performance. Cybersecurity threats and data breaches are ongoing concerns that could damage its reputation and result in financial losses. Interest rate fluctuations can also affect its net interest margin and overall profitability.
What are the key factors to evaluate for CHMG?
Chemung Financial Corporation (CHMG) holds an AI score of 74/100 (high). P/E: 17.8x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does CHMG data refresh on this page?
CHMG prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CHMG's recent stock price performance?
Chemung Financial Corporation (CHMG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long history and established presence in local markets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CHMG overvalued or undervalued right now?
Chemung Financial Corporation (CHMG) trades at 17.8x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CHMG?
Before investing in Chemung Financial Corporation (CHMG), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding CHMG to a portfolio?
Key strength of Chemung Financial Corporation (CHMG): Long history and established presence in local markets. Its MoonshotScore of 74/100 reflects strong quantitative fundamentals. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- Analyst consensus and ratings may vary.
- Investment decisions should be based on individual risk tolerance and financial goals.