Chemung Financial Corporation (CHMG) Stock

Chemung Financial Corporation (CHMG) is a Financials stock trading at $82.66 (as of 2026-08-21), with a market capitalization of $398.54M and a trailing P/E of 11.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Chemung Financial Corporation: how it makes money

Chemung Financial Corporation operates a bank (through Chemung Canal Trust Company) that takes deposits and makes commercial, agricultural, mortgage, and consumer loans, and also provides banking, financing, fiduciary, and other financial services to customers.

A bank's profit is driven by the difference between what it earns on loans and other financial assets and what it costs for funding and operating expenses, with credit costs reflected through provisions and the allowance for credit losses.

Revenue by segment (latest quarter)
CFS$0.0B

Business quality (Solid): Latest-quarter data provided shows revenue of 0.0B and an operating margin of 35.3, and it includes limited segment detail (only CFS Group, Inc. Revenue). Credit quality and funding-related KPIs are available.

Valuation: At 19× earnings, CHMG trades 51% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Reported credit quality metrics show non-performing loans of 0.01 USD_B (and non-performing assets of 0.01 USD_B), which helps frame downside risk for loan performance: Non-Performing Loans = 0.01 USD_B (Non-Performing Assets = 0.01 USD_B).
  • Credit coverage appears strong based on the allowance relative to non-performing loans: Allowance for Credit Losses on Loans as a Percentage of Non-Performing Loans = 306.13.
  • Provisioning for credit losses is shown at 0.03 percent of period-end loan balances in the provided KPIs: Provision for Credit Losses as a Percentage of Period-End Loan Balances = 0.03 percent.

Bear case

  • There is still measurable delinquency and credit loss activity, including retail delinquencies and consumer net charge-offs: Retail Loan Delinquencies = 0.01 USD_B, Annualized Consumer Net Charge-Offs = 0.23 percent.
  • Credit risk could worsen, since non-performing loans and non-performing assets are not zero: Non-Performing Loans = 0.01 USD_B, Non-Performing Assets = 0.01 USD_B.
  • Funding dynamics may be material to results, indicated by wholesale funding paid off early in the quarter: Wholesale Funding Paid Off Early in the Quarter = 0.15 USD_B.
Valuation — source: SEC EDGAR (first-party)
Price$82.66
Market Cap$398.54M
P/E Ratio11.9
EV / EBITDA7.1
Price / Book1.47
Price / Sales2.92
FCF Yield11.4%
DCF Value (model)$44.60
DCF Upside vs Price-46.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$132.84M
Net Margin11.4%
Revenue Growth (YoY)5.6%
EPS Growth (YoY)-234.8%
FCF Growth (YoY)-5.1%
Valuation vs Sector & Industry
Stock P/E11.9
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
vs Sector-21.3%
vs Industry-8.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($19.47M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOAnders Tomson
Employees343
CountryUS
IPO Date1999-01-04

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CHMG earnings history · CHMG institutional & insider holders · CHMG KPIs & operating metrics · CHMG financials · CHMG investor presentations & press releases · CHMG SEC filings · CHMG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.