Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
CHMG 
Chemung Financial Corp (CHMG)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: CHMG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -11.26% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 210.23M USD | Price to earnings Ratio 8.85 | 1Y Target Price 57.33 |
Price to earnings Ratio 8.85 | 1Y Target Price 57.33 | ||
Volume (30-day avg) 22086 | Beta 0.12 | 52 Weeks Range 37.98 - 55.03 | Updated Date 04/4/2025 |
52 Weeks Range 37.98 - 55.03 | Updated Date 04/4/2025 | ||
Dividends yield (FY) 2.84% | Basic EPS (TTM) 4.96 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 24.32% | Operating Margin (TTM) 31.77% |
Management Effectiveness
Return on Assets (TTM) 0.86% | Return on Equity (TTM) 11.53% |
Valuation
Trailing PE 8.85 | Forward PE 9.29 | Enterprise Value 289131328 | Price to Sales(TTM) 2.16 |
Enterprise Value 289131328 | Price to Sales(TTM) 2.16 | ||
Enterprise Value to Revenue 3.48 | Enterprise Value to EBITDA - | Shares Outstanding 4788880 | Shares Floating 3137865 |
Shares Outstanding 4788880 | Shares Floating 3137865 | ||
Percent Insiders 11.76 | Percent Institutions 42.73 |
Analyst Ratings
Rating 4 | Target Price 57 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Chemung Financial Corp
Company Overview
History and Background
Chemung Financial Corporation was founded in 1831 and is headquartered in Elmira, New York. It operates as the bank holding company for Chemung Canal Trust Company, providing banking and other financial services. Over time, it has grown through organic expansion and acquisitions, becoming a regional financial institution.
Core Business Areas
- Commercial Banking: Offers a range of commercial lending products, deposit services, and cash management solutions to businesses of various sizes.
- Retail Banking: Provides personal banking services, including checking and savings accounts, mortgages, consumer loans, and investment products to individual customers.
- Wealth Management: Offers trust and investment management services, financial planning, and estate administration to individuals, families, and institutions.
Leadership and Structure
The leadership team includes the CEO, CFO, and other key executives responsible for overseeing the company's operations and strategic direction. The organizational structure consists of various departments and divisions, each responsible for specific functions within the company.
Top Products and Market Share
Key Offerings
- Commercial Loans: Offers various commercial loans, including term loans, lines of credit, and real estate financing. Market share is regional, primarily competing with other community and regional banks. Competitors are M&T Bank, Tompkins Financial Corporation and Five Star Bank.
- Mortgage Lending: Provides residential mortgage loans for home purchase and refinancing. Market share is localized, competing with national mortgage lenders and other local banks. Competitors are Wells Fargo, Bank of America, and local credit unions.
- Wealth Management Services: Offers investment management, financial planning, and trust services. Competes with larger brokerage firms and investment advisors. Competitors are Merrill Lynch, Morgan Stanley, and local financial advisors.
Market Dynamics
Industry Overview
The banking industry is currently influenced by factors such as interest rate fluctuations, regulatory changes, technological advancements, and economic conditions. Increased competition and changing customer preferences are also significant trends.
Positioning
Chemung Financial Corp positions itself as a community-focused bank, emphasizing customer service and local expertise. Its competitive advantage lies in its strong relationships with local businesses and customers.
Total Addressable Market (TAM)
The TAM for banking services in the region is estimated to be in the billions of dollars. Chemung Financial Corp is positioned to capture a portion of this TAM through its focus on local markets and personalized services.
Upturn SWOT Analysis
Strengths
- Strong local presence and reputation
- Experienced management team
- Diversified product and service offerings
- Strong capital position
Weaknesses
- Limited geographic reach compared to larger banks
- Dependence on local economy
- Higher operating expenses than larger banks
- Potential vulnerability to cybersecurity threats
Opportunities
- Expansion into new markets within the region
- Increased adoption of digital banking technologies
- Growth in wealth management services
- Strategic acquisitions of smaller banks or financial institutions
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates and potential economic downturn
- Stringent regulatory requirements
- Cybersecurity risks and data breaches
Competitors and Market Share
Key Competitors
- MTB
- TFSL
- FIVN
Competitive Landscape
Chemung Financial Corp competes with larger regional and national banks, as well as smaller community banks. Its competitive advantage lies in its strong local presence and customer relationships.
Major Acquisitions
Great Oak Bancorp
- Year: 2016
- Acquisition Price (USD millions): 23.2
- Strategic Rationale: Expanded Chemung Financial's footprint in the central New York market.
Growth Trajectory and Initiatives
Historical Growth: Chemung Financial Corp has experienced moderate growth in revenue and earnings over the past few years, driven by organic expansion and strategic initiatives.
Future Projections: Analyst estimates suggest continued moderate growth for Chemung Financial Corp, driven by expansion into new markets and increased adoption of digital banking technologies.
Recent Initiatives: Recent initiatives include investments in digital banking platforms, expansion into new markets, and strategic acquisitions of smaller banks or financial institutions.
Summary
Chemung Financial Corp is a stable community bank with a strong local presence. It has shown steady growth and profitability. However, its limited geographic reach and dependence on the local economy pose challenges. Investment in technology and expansion into new markets are crucial for future success.
Similar Companies
MTB
M&T Bank Corporation
MTB
M&T Bank Corporation
TFSL
TFS Financial Corporation
TFSL
TFS Financial Corporation
Sources and Disclaimers
Data Sources:
- Company Filings
- Yahoo Finance
- SEC Filings
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and may vary. Investment decisions should be based on individual circumstances and research.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Chemung Financial Corp
Exchange NASDAQ | Headquaters Elmira, NY, United States | ||
IPO Launch date 1999-01-04 | President, CEO & Director Mr. Anders M. Tomson | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 343 | Website https://www.chemungcanal.com |
Full time employees 343 | Website https://www.chemungcanal.com | ||
Chemung Financial Corporation operates as a bank 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 deposits. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans, as well as automobile loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. Chemung Financial Corporation was founded in 1833 and is based in Elmira, New York.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.