Chemung Financial (CHMG)
Market Price (7/26/2026): $81.27 | Market Cap: $387.1 MilSector: Financials | Industry: Regional Banks
Chemung Financial (CHMG)
Market Price (7/26/2026): $81.27Market Cap: $387.1 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, FCF Yield is 12% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 47% Low stock price volatilityVol 12M is 31% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology. | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.2% Key risksCHMG key risks include [1] a high concentration in commercial real estate loans, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, FCF Yield is 12% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 47% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.2% |
| Key risksCHMG key risks include [1] a high concentration in commercial real estate loans, Show more. |
Qualitative Assessment
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Chemung Financial (CHMG) stock has gained about 50% since 3/31/2026 because of the following key factors:
1. Chemung Financial reported strong financial results for both fiscal Q1 2026 and fiscal Q2 2026, significantly exceeding analyst expectations.
In fiscal Q1 2026, reported on April 17, 2026, the company achieved a net income of $9.2 million, or $1.91 per share, surpassing the consensus estimate of $1.63 per share by $0.28. Revenue for the quarter also beat estimates, coming in at $29.90 million against an estimated $29.21 million. This performance was described as "Record Quarterly Results". Building on this momentum, for fiscal Q2 2026, reported on July 22, 2026, Chemung Financial posted earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.77 per share by $0.05. Quarterly revenue reached $31.17 million, exceeding analyst estimates of $30.52 million.
2. The company experienced substantial growth in net interest income and a notable expansion in its net interest margin.
For fiscal Q2 2026, net interest income increased by $3.9 million, or 18.8%, compared to the same period in the prior year. Concurrently, the net interest margin expanded by 62 basis points to 3.67% over the same period. This improvement in core banking profitability was attributed to strategic adjustments to the balance sheet, enhancing earnings potential.
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Chemung Financial (CHMG) stock has gained about 50% since 3/31/2026 because of the following key factors:
1. Chemung Financial reported strong financial results for both fiscal Q1 2026 and fiscal Q2 2026, significantly exceeding analyst expectations.
In fiscal Q1 2026, reported on April 17, 2026, the company achieved a net income of $9.2 million, or $1.91 per share, surpassing the consensus estimate of $1.63 per share by $0.28. Revenue for the quarter also beat estimates, coming in at $29.90 million against an estimated $29.21 million. This performance was described as "Record Quarterly Results". Building on this momentum, for fiscal Q2 2026, reported on July 22, 2026, Chemung Financial posted earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.77 per share by $0.05. Quarterly revenue reached $31.17 million, exceeding analyst estimates of $30.52 million.
2. The company experienced substantial growth in net interest income and a notable expansion in its net interest margin.
For fiscal Q2 2026, net interest income increased by $3.9 million, or 18.8%, compared to the same period in the prior year. Concurrently, the net interest margin expanded by 62 basis points to 3.67% over the same period. This improvement in core banking profitability was attributed to strategic adjustments to the balance sheet, enhancing earnings potential.
3. Chemung Financial demonstrated robust year-to-date loan and customer deposit growth.
As of June 30, 2026, year-to-date annualized loan growth totaled 8.7%, with commercial loans showing a particularly strong annualized growth of 13.0%. Concurrently, year-to-date annualized customer deposit growth was 8.3%. This indicates healthy demand for lending and strong customer acquisition and retention in the company's core banking operations.
4. Positive analyst sentiment and price target upgrades contributed to investor confidence.
Several brokerages issued favorable revisions for Chemung Financial. On April 19, 2026, Wall Street Zen upgraded the stock from a "hold" rating to a "buy" rating. Additionally, on April 21, 2026, Keefe, Bruyette & Woods raised its price target for CHMG to $72 from $64. Weiss Ratings also raised its rating on Chemung Financial from a "buy (b-)" to a "buy (b)" on May 22, 2026.
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Stock Movement Drivers
Fundamental Drivers
The 51.2% change in CHMG stock from 3/31/2026 to 7/25/2026 was primarily driven by a 18.8% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7252026 | Change |
|---|---|---|---|
| Stock Price ($) | 53.56 | 80.98 | 51.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 94 | 98 | 4.4% |
| Net Income Margin (%) | 16.1% | 18.6% | 15.9% |
| P/E Multiple | 17.8 | 21.1 | 18.8% |
| Shares Outstanding (Mil) | 5 | 5 | 5.1% |
| Cumulative Contribution | 51.2% |
Market Drivers
3/31/2026 to 7/25/2026| Return | Correlation | |
|---|---|---|
| CHMG | 51.2% | |
| Market (SPY) | 13.6% | 8.5% |
| Sector (XLF) | 14.1% | 36.7% |
Fundamental Drivers
The 46.8% change in CHMG stock from 12/31/2025 to 7/25/2026 was primarily driven by a 25.3% change in the company's Net Income Margin (%).| (LTM values as of) | 12312025 | 7252026 | Change |
|---|---|---|---|
| Stock Price ($) | 55.17 | 80.98 | 46.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 89 | 98 | 9.9% |
| Net Income Margin (%) | 14.9% | 18.6% | 25.3% |
| P/E Multiple | 19.7 | 21.1 | 7.1% |
| Shares Outstanding (Mil) | 5 | 5 | -0.5% |
| Cumulative Contribution | 46.8% |
Market Drivers
12/31/2025 to 7/25/2026| Return | Correlation | |
|---|---|---|
| CHMG | 46.8% | |
| Market (SPY) | 8.7% | 10.0% |
| Sector (XLF) | 3.3% | 39.8% |
Fundamental Drivers
The 71.0% change in CHMG stock from 6/30/2025 to 7/25/2026 was primarily driven by a 113.3% change in the company's P/E Multiple.| (LTM values as of) | 6302025 | 7252026 | Change |
|---|---|---|---|
| Stock Price ($) | 47.34 | 80.98 | 71.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 98 | 98 | 0.0% |
| Net Income Margin (%) | 23.1% | 18.6% | -19.3% |
| P/E Multiple | 9.9 | 21.1 | 113.3% |
| Shares Outstanding (Mil) | 5 | 5 | -0.7% |
| Cumulative Contribution | 71.0% |
Market Drivers
6/30/2025 to 7/25/2026| Return | Correlation | |
|---|---|---|
| CHMG | 71.0% | |
| Market (SPY) | 20.6% | 17.9% |
| Sector (XLF) | 8.8% | 45.1% |
Fundamental Drivers
The 128.0% change in CHMG stock from 6/30/2023 to 7/25/2026 was primarily driven by a 267.2% change in the company's P/E Multiple.| (LTM values as of) | 6302023 | 7252026 | Change |
|---|---|---|---|
| Stock Price ($) | 35.52 | 80.98 | 128.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 98 | 98 | 0.5% |
| Net Income Margin (%) | 29.9% | 18.6% | -37.7% |
| P/E Multiple | 5.7 | 21.1 | 267.2% |
| Shares Outstanding (Mil) | 5 | 5 | -0.9% |
| Cumulative Contribution | 128.0% |
Market Drivers
6/30/2023 to 7/25/2026| Return | Correlation | |
|---|---|---|
| CHMG | 128.0% | |
| Market (SPY) | 72.6% | 31.3% |
| Sector (XLF) | 74.5% | 49.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CHMG Return | 41% | 2% | 12% | 1% | 17% | 35% | 155% |
| Peers Return | 24% | -6% | -2% | -8% | 44% | 18% | 80% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| CHMG Win Rate | 67% | 42% | 58% | 50% | 67% | 57% | |
| Peers Win Rate | 44% | 53% | 47% | 42% | 72% | 63% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| CHMG Max Drawdown | -10% | -14% | -35% | -20% | -24% | -21% | |
| Peers Max Drawdown | -16% | -19% | -34% | -22% | -17% | -14% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, FCBM, HAPN, CBC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/24/2026 (YTD)
How Low Can It Go
| Event | CHMG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.7% | -18.8% |
| % Gain to Breakeven | 26.2% | 23.1% |
| Time to Breakeven | 87 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -33.7% | -6.7% |
| % Gain to Breakeven | 50.8% | 7.1% |
| Time to Breakeven | 419 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -40.2% | -33.7% |
| % Gain to Breakeven | 67.2% | 50.9% |
| Time to Breakeven | 238 days | 140 days |
| 2013 Taper Tantrum | ||
| % Loss | -16.3% | -0.2% |
| % Gain to Breakeven | 19.5% | 0.2% |
| Time to Breakeven | 782 days | 1 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -41.2% | -53.4% |
| % Gain to Breakeven | 70.1% | 114.4% |
| Time to Breakeven | 681 days | 1085 days |
In The Past
Chemung Financial's stock fell -20.7% during the 2025 US Tariff Shock. Such a loss loss requires a 26.2% gain to breakeven.
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Asset Allocation
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| Event | CHMG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.7% | -18.8% |
| % Gain to Breakeven | 26.2% | 23.1% |
| Time to Breakeven | 87 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -33.7% | -6.7% |
| % Gain to Breakeven | 50.8% | 7.1% |
| Time to Breakeven | 419 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -40.2% | -33.7% |
| % Gain to Breakeven | 67.2% | 50.9% |
| Time to Breakeven | 238 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -41.2% | -53.4% |
| % Gain to Breakeven | 70.1% | 114.4% |
| Time to Breakeven | 681 days | 1085 days |
In The Past
Chemung Financial's stock fell -20.7% during the 2025 US Tariff Shock. Such a loss loss requires a 26.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Chemung Financial (CHMG)
Chemung Financial Corporation (CHMG) operates as a regional financial services holding company, primarily through its subsidiary, Chemung Canal Trust Company. Established in 1833, the company offers a comprehensive suite of banking, lending, and financial advisory services to individuals, businesses, and institutions within its operating footprint.
Its core offerings include a variety of deposit products such as checking, savings, time, and money market accounts. On the lending side, Chemung Financial provides commercial and agricultural loans to small and mid-sized businesses, commercial and residential mortgages, and consumer loans including home equity lines and term loans. Beyond traditional banking, the company also extends its services to include interest rate swaps, letters of credit, mutual funds, insurance products, brokerage services, and tax preparation.
Furthermore, Chemung Financial specializes in fiduciary and wealth management services, acting as a guardian, custodian, or trustee for various trusts and employee benefit plans, while also offering investment, pension, and estate planning administration. The company serves customers across 31 branch locations in 13 counties in New York and Bradford County, Pennsylvania, catering to the financial needs of its regional community.
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Here are 1-3 brief analogies for Chemung Financial (CHMG):
A community-focused Bank of America for upstate New York and parts of Pennsylvania.
Imagine a localized PNC Bank, offering a broad spectrum of financial services within its specific New York and Pennsylvania footprint.
It's the all-in-one local bank for its region, much like a mini-Wells Fargo serving specific communities in New York and Pennsylvania.
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- Deposit Accounts: Offers a variety of accounts including checking, savings, money market, and time deposits for individuals and businesses.
- Loan Products: Provides commercial, agricultural, residential mortgage, and consumer loans, such as home equity lines of credit.
- Wealth Management & Investment Services: Delivers services encompassing wealth management, employee benefit plans, mutual funds, and brokerage.
- Insurance Products: Offers various insurance products to clients.
- Fiduciary & Trust Services: Acts as guardian, custodian, and trustee, providing administrative services for trusts, pensions, and estate planning.
- Tax Preparation Services: Provides services for preparing tax returns.
- Commercial Financial Services: Offers specialized financial solutions for businesses, including interest rate swaps and letters of credit.
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Chemung Financial (CHMG) primarily serves a diverse customer base, encompassing both individuals and businesses within its operating regions. It does not have a few identifiable "major customers" that are other companies. Instead, its customer base can be categorized as follows:
- Individuals and Consumers: This category includes individuals seeking personal banking services such as checking and savings accounts, residential mortgage loans, consumer loans (including home equity lines of credit), wealth management, estate planning, and personal insurance and brokerage services.
- Small to Mid-sized Businesses and Agricultural Enterprises: This segment comprises small to mid-sized businesses and farms that utilize commercial and agricultural loans, commercial mortgage loans, business checking accounts, treasury services (like interest rate swaps and letters of credit), and employee benefit plan administration services.
- Trusts and Institutional Clients: Chemung Financial provides fiduciary services acting as a guardian, custodian, or trustee. It also serves as an agent for pension, profit-sharing, and other employee benefit trusts, offering various investment, pension, and administrative services to these institutional clients.
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- Jack Henry & Associates (JKHY)
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Anders M. Tomson, President & CEO
Anders M. Tomson was appointed President and Chief Executive Officer of Chemung Financial Corporation and its banking subsidiary, Chemung Canal Trust Company, in December 2016. Prior to this role, he served as President and Chief Operating Officer of the Bank from 2015 to 2016. Tomson joined Chemung Canal in April 2011 as Division President of Capital Bank, a five-branch division, following Chemung Canal's acquisition of Capital Bank & Trust. His previous experience includes serving as Division Executive for commercial real estate in New York State for RBS Citizens Bank and as Senior Vice President and Regional Director for the Community Preservation Corporation, a not-for-profit mortgage lender. He is a graduate of Cornell University.
Dale M. McKim III, Executive Vice President, Chief Financial Officer and Treasurer
Dale M. McKim III serves as the Executive Vice President, Chief Financial Officer, and Treasurer for Chemung Financial Corporation and the Bank. He brings over 25 years of experience in finance and risk management. Before joining Chemung Financial, McKim held positions as Chief Risk Officer for Evans Bank and as a Partner at KPMG LLP in Buffalo.
Peter K. Cosgrove, Executive Vice President & Chief Credit Officer
Peter K. Cosgrove is the Executive Vice President and Chief Credit Officer. He has been with the Bank since 2019, holding titles such as Executive Vice President, Chief Credit Officer, and Chief Risk Officer. Prior to his time at Chemung Canal, Cosgrove was a Regional Sales Executive, East Region, at KeyBank and was part of KeyBank's Merger Integration Leadership Team.
Jeffrey P. Kenefick, Regional President
Jeffrey P. Kenefick holds the title of Regional President and Executive Vice President. He joined Chemung Canal in 2019 and previously served as Senior Vice President and Commercial Loan Manager. Kenefick has over 31 years of banking experience, with a strong focus on commercial banking. Before joining Chemung Canal, he was an Executive Vice President and Regional President at Five Star Bank.
Kimberly A. Hazelton, Executive Vice President, Retail Client Division
Kimberly A. Hazelton serves as the Executive Vice President, Retail Client Division. She is a native of Broome County, New York.
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1. Credit Risk and Asset Quality
Chemung Financial faces significant credit risk, particularly concerning its loan portfolio. The company's disclosures indicate the presence of restructured debt and past-due assets, which could signal stress within parts of its portfolio. There are specific concerns regarding commercial real estate concentrations and indirect auto lending within its loan portfolio. Deterioration in asset quality could lead to increased provisioning for credit losses, negatively impacting earnings and capital adequacy.
2. Interest Rate Risk
As a financial institution, Chemung Financial is exposed to interest rate risk. Changes in market conditions, specifically abrupt shifts in interest rates, can introduce volatility in the company's net interest margin and capital. The company utilizes derivative instruments, such as interest rate swaps, for risk management; however, these derivatives themselves carry inherent interest rate risk exposures.
3. Shareholder Subordination in Liquidation
In a liquidation scenario, Chemung Financial's common stock represents a residual equity claim, meaning it is structurally subordinate to all customer deposits, senior borrowings, and other non-equity obligations. This subordination is further heightened by the approximately $45.0 million in subordinated notes issued in June 2025, as holders of these notes would rank ahead of common shareholders regarding asset recovery.
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The rapid growth of neobanks and fintech lenders that offer fully digital banking services, often with lower fees and more competitive rates for deposits and consumer/small business loans. These digital-first competitors bypass the traditional branch network, directly challenging Chemung Financial's core deposit gathering and lending businesses, especially for customers seeking convenience and digital-native experiences.
The increasing adoption of robo-advisors and digital wealth management platforms that provide automated, low-cost investment management and financial planning services. This trend poses a threat to Chemung Financial's traditional wealth management, employee benefit, and fiduciary services, particularly for segments of the market seeking more accessible and technology-driven investment solutions.
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Here are 3-5 expected drivers of future revenue growth for Chemung Financial (symbol: CHMG) over the next 2-3 years:
- Net Interest Margin (NIM) Expansion and Net Interest Income Growth: Chemung Financial has shown a focus on expanding its net interest margin, which significantly contributed to its strong performance in Q4 2025. The strategic balance sheet repositioning completed in 2025 benefited net interest income, and management aims for sustained profitability through efficient operations.
- Commercial Loan Growth: Strong commercial loan growth across key markets was a significant driver for Chemung Financial in 2025, with commercial loans growing 14.3% for the full year. This indicates a continued emphasis on expanding its commercial lending portfolio in various geographies.
- Geographic Expansion into Higher Growth Markets: The company's 2026 Investor Presentation highlights plans for "Expansion of the franchise in higher growth markets of Albany and Buffalo" and the "Growth of Canal Bank brand in Western New York." This targeted geographic expansion is expected to drive new customer acquisition and loan origination.
- Growth in Wealth Management and Fee-Based Services: Chemung Financial aims to leverage "High touch relationships with affluent borrowers" to provide a "dependable non-interest income stream." The CFS Group, Inc. subsidiary already offers diverse non-traditional services, including mutual funds, annuities, brokerage services, tax preparation, and insurance, indicating a continued focus on expanding these fee-based offerings.
- Enhanced Digital Experience: The "Introduction of enhanced digital experience" is a strategic initiative mentioned in the 2026 Investor Presentation. Improving digital banking capabilities is expected to attract and retain customers, streamline operations, and ultimately support overall revenue growth through increased engagement and convenience.
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Share Repurchases
- Chemung Financial Corporation approved a new stock repurchase program on January 8, 2021, authorizing the repurchase of up to 250,000 shares of its common stock, representing approximately 5% of its outstanding shares.
- Under this program, 49,184 shares were repurchased at an average cost of $40.42 per share as of March 1, 2026, totaling approximately $1.99 million in repurchases.
- As of March 10, 2023, 200,816 shares remained authorized for repurchase under the program.
Share Issuance
- In April 2020, Chemung Financial filed a Form S-3 Registration Statement allowing for the potential future sale of up to $50 million in various securities, including common stock.
- The company operates a Dividend Reinvestment and Stock Purchase Plan, which enables shareholders to reinvest dividends or make cash payments to acquire additional stock.
Capital Expenditures
- Capital expenditures for the year ended December 31, 2024, amounted to $1.19 million.
- The average capital expenditure over the last five years was approximately $1.6 million, with other reported values including $2.1 million, $1.6 million, and $1.58 million within that period.
- A primary focus of recent capital expenditures has been on strategic initiatives, including the significant expansion of its presence in Western New York with the opening of a new regional banking center in Williamsville in October 2024 under the Canal Bank brand.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can Chemung Financial Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.05 |
| Mkt Cap | 0.4 |
| Rev LTM | 272 |
| Op Inc LTM | - |
| FCF LTM | 22 |
| FCF 3Y Avg | -165 |
| CFO LTM | 23 |
| CFO 3Y Avg | -164 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 16.1% |
| Rev Chg 3Y Avg | 2.8% |
| Rev Chg Q | 16.1% |
| QoQ Delta Rev Chg LTM | 3.8% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 32.5% |
| CFO/Rev 3Y Avg | -51.5% |
| FCF/Rev LTM | 31.2% |
| FCF/Rev 3Y Avg | -53.0% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Core banking | 84 | 85 | 87 | 84 | 77 |
| Wealth Management Group (WMG) | 12 | 12 | 10 | 10 | 11 |
| Inter-Segment Eliminations | -0 | -0 | -1 | ||
| Holding Company, and CFS Group, Inc. (CFS) | -1 | 1 | 2 | 1 | 1 |
| Total | 95 | 97 | 99 | 96 | 89 |
| $ Mil | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Core Banking | 11 | 14 | 11 | 15 | 15 |
| Wealth Management Group Services | 3 | 2 | |||
| Holding Company And Other | -0 | -0 | 0 | -0 | 1 |
| Wealth Management Group (WMG) | 2 | 1 | -1 | ||
| Total | 14 | 16 | 13 | 16 | 16 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Core banking | 14 | 21 | 21 | 26 | 23 |
| Wealth Management Group (WMG) | 3 | 3 | 3 | 3 | 3 |
| Inter-Segment Eliminations | 0 | 0 | 0 | ||
| Holding Company, and CFS Group, Inc. (CFS) | -2 | -0 | 1 | -0 | -0 |
| Total | 15 | 24 | 25 | 29 | 26 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Core banking | 2,678 | 2,746 | 2,690 | 2,635 | 2,411 |
| Holding Company, and CFS Group, Inc. (CFS) | 298 | 215 | 197 | 8 | 4 |
| Wealth Management Group (WMG) | 3 | 3 | 3 | 3 | 3 |
| Inter-Segment Eliminations | -269 | -188 | -179 | ||
| Total | 2,710 | 2,776 | 2,711 | 2,646 | 2,418 |
Price Behavior
| Market Price | $80.98 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 01/04/1999 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $72.02 | $59.87 |
| DMA Trend | up | up |
| Distance from DMA | 12.4% | 35.3% |
| 3M | 1YR | |
| Volatility | 28.9% | 30.6% |
| Downside Capture | -6.57 | 37.00 |
| Upside Capture | 87.23 | 84.87 |
| Correlation (SPY) | -6.6% | 18.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.55 | -0.33 | -0.07 | 0.20 | 0.42 | 0.58 |
| Up Beta | -1.38 | -0.85 | -0.25 | 0.20 | 0.34 | 0.64 |
| Down Beta | -0.61 | -0.56 | -0.40 | -0.51 | 0.13 | 0.66 |
| Up Capture | 21% | 35% | 68% | 73% | 71% | 28% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 15 | 26 | 38 | 68 | 132 | 365 |
| Down Capture | -78% | -54% | -66% | 17% | 41% | 66% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 6 | 15 | 25 | 55 | 117 | 366 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CHMG | |
|---|---|---|---|---|
| CHMG | 55.6% | 30.5% | 1.45 | - |
| Sector ETF (XLF) | 7.3% | 14.6% | 0.27 | 44.5% |
| Equity (SPY) | 17.6% | 12.7% | 1.00 | 17.5% |
| Gold (GLD) | 19.2% | 28.1% | 0.61 | -9.6% |
| Commodities (DBC) | 34.7% | 19.1% | 1.42 | -17.3% |
| Real Estate (VNQ) | 13.8% | 14.1% | 0.69 | 30.4% |
| Bitcoin (BTCUSD) | -46.2% | 42.9% | -1.32 | 9.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CHMG | |
|---|---|---|---|---|
| CHMG | 16.4% | 26.7% | 0.58 | - |
| Sector ETF (XLF) | 11.1% | 18.5% | 0.46 | 38.0% |
| Equity (SPY) | 12.8% | 17.1% | 0.58 | 24.3% |
| Gold (GLD) | 17.0% | 18.4% | 0.75 | -5.6% |
| Commodities (DBC) | 9.6% | 19.5% | 0.38 | 4.7% |
| Real Estate (VNQ) | 3.0% | 18.9% | 0.06 | 25.8% |
| Bitcoin (BTCUSD) | 15.3% | 53.4% | 0.47 | 10.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CHMG | |
|---|---|---|---|---|
| CHMG | 13.1% | 35.9% | 0.45 | - |
| Sector ETF (XLF) | 13.4% | 22.0% | 0.56 | 49.5% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 41.9% |
| Gold (GLD) | 11.3% | 16.1% | 0.57 | -2.3% |
| Commodities (DBC) | 7.2% | 17.9% | 0.32 | 15.7% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 40.7% |
| Bitcoin (BTCUSD) | 58.1% | 66.2% | 0.98 | 12.4% |
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Returns Analyses
Earnings Returns History
Updated 7/26/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/22/2026 | -0.5% | ||
| 4/17/2026 | 5.9% | 11.8% | 10.5% |
| 1/26/2026 | 2.5% | 7.1% | -0.3% |
| 10/21/2025 | 2.4% | 2.5% | 0.2% |
| 7/17/2025 | -1.7% | -0.8% | -4.4% |
| 4/18/2025 | -0.9% | 1.8% | 13.1% |
| 1/28/2025 | 14.6% | 7.6% | 9.1% |
| 10/22/2024 | -0.0% | -0.2% | 6.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 17 | 13 | 17 |
| # Negative | 8 | 11 | 7 |
| Median Positive | 1.7% | 5.8% | 6.9% |
| Median Negative | -0.5% | -0.8% | -4.8% |
| Max Positive | 14.6% | 11.8% | 17.8% |
| Max Negative | -2.6% | -6.9% | -15.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/22/2026 | -0.5% | ||
| 4/17/2026 | 5.9% | 11.8% | 10.5% |
| 1/26/2026 | 2.5% | 7.1% | -0.3% |
| 10/21/2025 | 2.4% | 2.5% | 0.2% |
| 7/17/2025 | -1.7% | -0.8% | -4.4% |
| 4/18/2025 | -0.9% | 1.8% | 13.1% |
| 1/28/2025 | 14.6% | 7.6% | 9.1% |
| 10/22/2024 | -0.0% | -0.2% | 6.1% |
| 7/18/2024 | -2.6% | -3.4% | -10.2% |
| 4/18/2024 | 10.3% | 10.3% | 10.1% |
| 1/25/2024 | 0.6% | -6.9% | -13.4% |
| 10/25/2023 | 0.9% | 5.8% | 17.8% |
| 7/20/2023 | -0.3% | 5.0% | 0.2% |
| 4/20/2023 | 1.7% | -1.4% | -15.4% |
| 1/26/2023 | 6.2% | 8.4% | 4.9% |
| 10/21/2022 | -0.5% | -0.5% | 10.6% |
| 7/21/2022 | 2.0% | -0.4% | 0.3% |
| 4/21/2022 | 0.0% | -0.6% | -4.8% |
| 1/26/2022 | 0.0% | -1.7% | -0.2% |
| 10/22/2021 | 1.3% | 3.0% | 1.6% |
| 7/22/2021 | 1.1% | 4.3% | 6.9% |
| 4/22/2021 | -0.3% | -0.1% | 3.6% |
| 1/22/2021 | 1.7% | -0.8% | 9.6% |
| 10/19/2020 | 2.6% | 2.7% | 4.5% |
| 7/21/2020 | 1.2% | 6.8% | 11.8% |
| SUMMARY STATS | |||
| # Positive | 17 | 13 | 17 |
| # Negative | 8 | 11 | 7 |
| Median Positive | 1.7% | 5.8% | 6.9% |
| Median Negative | -0.5% | -0.8% | -4.8% |
| Max Positive | 14.6% | 11.8% | 17.8% |
| Max Negative | -2.6% | -6.9% | -15.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/13/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/14/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/13/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/22/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/13/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/14/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/13/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/22/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 03/23/2022 | 10-K |
| 09/30/2021 | 11/10/2021 | 10-Q |
| 06/30/2021 | 08/12/2021 | 10-Q |
| 03/31/2021 | 05/12/2021 | 10-Q |
| 12/31/2020 | 03/24/2021 | 10-K |
| 09/30/2020 | 11/05/2020 | 10-Q |
| 06/30/2020 | 08/06/2020 | 10-Q |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 03/12/2020 | 10-K |
| 09/30/2019 | 11/06/2019 | 10-Q |
| 06/30/2019 | 08/08/2019 | 10-Q |
Insider Activity
Updated 7/6/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tyrrell, Thomas R | Direct | Sell | 4272026 | 65.33 | 788 | 51,480 | 525,915 | Form | |
| 2 | Dalrymple, Robert H | Direct | Sell | 2262026 | 56.56 | 2,833 | 160,232 | 76,411 | Form | |
| 3 | Fariello, Daniel D | President, Capital Bank Div. | Direct | Sell | 2042026 | 61.57 | 242 | 14,901 | 483,855 | Form |
| 4 | Tyrrell, Thomas R | Direct | Sell | 2022026 | 61.00 | 500 | 30,500 | 536,792 | Form | |
| 5 | Streeter, Jeffrey B | Direct | Buy | 10302025 | 51.92 | 2,184 | 113,400 | 1,699,216 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tyrrell, Thomas R | Direct | Sell | 4272026 | 65.33 | 788 | 51,480 | 525,915 | Form | |
| 2 | Dalrymple, Robert H | Direct | Sell | 2262026 | 56.56 | 2,833 | 160,232 | 76,411 | Form | |
| 3 | Fariello, Daniel D | President, Capital Bank Div. | Direct | Sell | 2042026 | 61.57 | 242 | 14,901 | 483,855 | Form |
| 4 | Tyrrell, Thomas R | Direct | Sell | 2022026 | 61.00 | 500 | 30,500 | 536,792 | Form | |
| 5 | Streeter, Jeffrey B | Direct | Buy | 10302025 | 51.92 | 2,184 | 113,400 | 1,699,216 | Form | |
| 6 | Streeter, Jeffrey B | Direct | Buy | 10292025 | 51.64 | 1,316 | 67,952 | 1,577,026 | Form | |
| 7 | Cole, Loren D | EVP & CIO | Qualified Plan | Buy | 8052025 | 50.10 | 2,983 | 149,448 | 467,496 | Form |
| 8 | Streeter, Jeffrey B | Direct | Buy | 7282025 | 52.60 | 2,612 | 137,394 | 1,536,075 | Form | |
| 9 | Streeter, Jeffrey B | Direct | Buy | 7252025 | 52.94 | 5,000 | 264,678 | 1,407,575 | Form | |
| 10 | Streeter, Jeffrey B | Direct | Buy | 7252025 | 52.91 | 4,103 | 217,076 | 1,142,271 | Form | |
| 11 | Streeter, Jeffrey B | Direct | Buy | 7242025 | 53.19 | 3,285 | 174,719 | 930,093 | Form | |
| 12 | Kenefick, Jeffrey P | Regional President | Direct | Buy | 7222025 | 52.75 | 475 | 25,056 | 555,730 | Form |
Investor Activity (13F)
Updated Jul 26, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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