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): $81.27
Market Cap: $387.1 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total 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 cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45%

Attractive cash flow generation
CFO/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 volatility
Vol 12M is 31%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.2%

Key risks
CHMG key risks include [1] a high concentration in commercial real estate loans, Show more.

0 Attractive yield
Total 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%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45%
2 Attractive cash flow generation
CFO/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%
3 Low stock price volatility
Vol 12M is 31%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.
5 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
6 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.2%
7 Key risks
CHMG key risks include [1] a high concentration in commercial real estate loans, Show more.

CHMG in ETFs

Weight = CHMG's share of each fund

VTI0.00%
IWM0.01%
IWN0.02%
VTWO0.01%
DFAS0.01%
AVUV0.00%
IWO0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/24/2026

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.

Show more
Updated on 7/24/2026

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)33120267252026Change
Stock Price ($)53.5680.9851.2%
Change Contribution By: 
Total Revenues ($ Mil)94984.4%
Net Income Margin (%)16.1%18.6%15.9%
P/E Multiple17.821.118.8%
Shares Outstanding (Mil)555.1%
Cumulative Contribution51.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/25/2026
ReturnCorrelation
CHMG51.2% 
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)123120257252026Change
Stock Price ($)55.1780.9846.8%
Change Contribution By: 
Total Revenues ($ Mil)89989.9%
Net Income Margin (%)14.9%18.6%25.3%
P/E Multiple19.721.17.1%
Shares Outstanding (Mil)55-0.5%
Cumulative Contribution46.8%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/25/2026
ReturnCorrelation
CHMG46.8% 
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)63020257252026Change
Stock Price ($)47.3480.9871.0%
Change Contribution By: 
Total Revenues ($ Mil)98980.0%
Net Income Margin (%)23.1%18.6%-19.3%
P/E Multiple9.921.1113.3%
Shares Outstanding (Mil)55-0.7%
Cumulative Contribution71.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/25/2026
ReturnCorrelation
CHMG71.0% 
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)63020237252026Change
Stock Price ($)35.5280.98128.0%
Change Contribution By: 
Total Revenues ($ Mil)98980.5%
Net Income Margin (%)29.9%18.6%-37.7%
P/E Multiple5.721.1267.2%
Shares Outstanding (Mil)55-0.9%
Cumulative Contribution128.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/25/2026
ReturnCorrelation
CHMG128.0% 
Market (SPY)72.6%31.3%
Sector (XLF)74.5%49.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CHMG Return41%2%12%1%17%35%155%
Peers Return24%-6%-2%-8%44%18%80%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
CHMG Win Rate67%42%58%50%67%57% 
Peers Win Rate44%53%47%42%72%63% 
S&P 500 Win Rate75%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

EventCHMGS&P 500
2025 US Tariff Shock
  % Loss-20.7%-18.8%
  % Gain to Breakeven26.2%23.1%
  Time to Breakeven87 days79 days
2023 SVB Regional Banking Crisis
  % Loss-33.7%-6.7%
  % Gain to Breakeven50.8%7.1%
  Time to Breakeven419 days31 days
2020 COVID-19 Crash
  % Loss-40.2%-33.7%
  % Gain to Breakeven67.2%50.9%
  Time to Breakeven238 days140 days
2013 Taper Tantrum
  % Loss-16.3%-0.2%
  % Gain to Breakeven19.5%0.2%
  Time to Breakeven782 days1 days
2008-2009 Global Financial Crisis
  % Loss-41.2%-53.4%
  % Gain to Breakeven70.1%114.4%
  Time to Breakeven681 days1085 days

Compare to NEWT, ATLO, FCBM, HAPN, CBC

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.

EventCHMGS&P 500
2025 US Tariff Shock
  % Loss-20.7%-18.8%
  % Gain to Breakeven26.2%23.1%
  Time to Breakeven87 days79 days
2023 SVB Regional Banking Crisis
  % Loss-33.7%-6.7%
  % Gain to Breakeven50.8%7.1%
  Time to Breakeven419 days31 days
2020 COVID-19 Crash
  % Loss-40.2%-33.7%
  % Gain to Breakeven67.2%50.9%
  Time to Breakeven238 days140 days
2008-2009 Global Financial Crisis
  % Loss-41.2%-53.4%
  % Gain to Breakeven70.1%114.4%
  Time to Breakeven681 days1085 days

Compare to NEWT, ATLO, FCBM, HAPN, CBC

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.

AI Analysis | Feedback

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.

AI Analysis | Feedback

Chemung Financial's major products and services include:
  • 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.

AI Analysis | Feedback

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:

  1. 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.
  2. 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.
  3. 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.

AI Analysis | Feedback

Here are the key risks to Chemung Financial's business:

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.

AI Analysis | Feedback

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.

AI Analysis | Feedback

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AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Chemung Financial (symbol: CHMG) over the next 2-3 years:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

AI Analysis | Feedback

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

TitleDate
0DASHBOARDS 
1How Low Can Chemung Financial Stock Really Go?10/17/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CHMGNEWTATLOFCBMHAPNCBCMedian
NameChemung .NewtekOneAmes Nat.First Ca.Happen, .Central . 
Mkt Price80.9814.4330.0512.6618.0632.0424.05
Mkt Cap0.40.40.3-2.1385.00.4
Rev LTM9827270-1,0331,000272
Op Inc LTM-------
FCF LTM46-77622--3,16045722
FCF 3Y Avg33-34817--2,498--165
CFO LTM47-77623--3,00749123
CFO 3Y Avg35-34819--2,410--164

Growth & Margins

CHMGNEWTATLOFCBMHAPNCBCMedian
NameChemung .NewtekOneAmes Nat.First Ca.Happen, .Central . 
Rev Chg LTM0.0%10.5%21.7%-25.4%-16.1%
Rev Chg 3Y Avg0.2%32.1%5.4%--0.6%-2.8%
Rev Chg Q16.3%8.0%17.8%-15.9%-16.1%
QoQ Delta Rev Chg LTM4.4%1.9%4.1%-3.5%-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 LTM48.3%-285.4%32.5%--291.0%49.1%32.5%
CFO/Rev 3Y Avg35.7%-134.4%31.4%--270.5%--51.5%
FCF/Rev LTM46.8%-285.4%31.2%--305.8%45.7%31.2%
FCF/Rev 3Y Avg33.8%-134.5%28.6%--279.9%--53.0%

Valuation

CHMGNEWTATLOFCBMHAPNCBCMedian
NameChemung .NewtekOneAmes Nat.First Ca.Happen, .Central . 
Mkt Cap0.40.40.3-2.1385.00.4
P/S3.91.53.8-2.0384.83.8
P/Op Inc-------
P/EBIT-------
P/E21.16.412.4-11.91,025.612.4
P/CFO8.1-0.511.8--0.7784.58.1
Total Yield6.4%22.8%10.9%-8.4%0.1%8.4%
Dividend Yield1.7%7.1%2.8%-0.0%0.0%1.7%
FCF Yield 3Y Avg12.0%-92.0%8.8%---8.8%
D/E0.31.30.1-0.00.00.1
Net D/E-0.50.4-1.8--0.4-0.0-0.4

Returns

CHMGNEWTATLOFCBMHAPNCBCMedian
NameChemung .NewtekOneAmes Nat.First Ca.Happen, .Central . 
1M Rtn8.9%0.0%-0.7%-2.6%-8.2%9.4%-0.4%
3M Rtn21.8%14.8%8.0%0.5%-4.7%24.0%11.4%
6M Rtn44.2%8.6%25.9%0.5%-4.7%33.3%17.3%
12M Rtn58.4%31.3%69.3%0.5%-4.7%76.9%44.9%
3Y Rtn106.4%-5.7%72.4%0.5%-4.7%153.4%36.5%
1M Excs Rtn8.1%1.5%-2.8%-1.8%-7.9%8.1%-0.2%
3M Excs Rtn18.5%12.5%3.3%-3.8%-9.0%21.3%7.9%
6M Excs Rtn32.9%-1.0%17.7%-6.7%-12.0%22.0%8.4%
12M Excs Rtn38.7%10.3%50.5%-16.1%-21.3%60.3%24.5%
3Y Excs Rtn57.4%-63.4%13.5%-61.9%-67.1%64.5%-24.2%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Core banking8485878477
Wealth Management Group (WMG)1212101011
Inter-Segment Eliminations-0-0-1  
Holding Company, and CFS Group, Inc. (CFS)-11211
Total9597999689


Operating Income by Segment
$ Mil20152014201320122011
Core Banking1114111515
Wealth Management Group Services32   
Holding Company And Other-0-00-01
Wealth Management Group (WMG)  21-1
Total1416131616


Net Income by Segment
$ Mil20252024202320222021
Core banking1421212623
Wealth Management Group (WMG)33333
Inter-Segment Eliminations000  
Holding Company, and CFS Group, Inc. (CFS)-2-01-0-0
Total1524252926


Assets by Segment
$ Mil20252024202320222021
Core banking2,6782,7462,6902,6352,411
Holding Company, and CFS Group, Inc. (CFS)29821519784
Wealth Management Group (WMG)33333
Inter-Segment Eliminations-269-188-179  
Total2,7102,7762,7112,6462,418


Price Behavior

Price Behavior
Market Price$80.98 
Market Cap ($ Bil)0.4 
First Trading Date01/04/1999 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$72.02$59.87
DMA Trendupup
Distance from DMA12.4%35.3%
 3M1YR
Volatility28.9%30.6%
Downside Capture-6.5737.00
Upside Capture87.2384.87
Correlation (SPY)-6.6%18.3%
CHMG Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta-0.55-0.33-0.070.200.420.58
Up Beta-1.38-0.85-0.250.200.340.64
Down Beta-0.61-0.56-0.40-0.510.130.66
Up Capture21%35%68%73%71%28%
Bmk +ve Days11244067140429
Stock +ve Days15263868132365
Down Capture-78%-54%-66%17%41%66%
Bmk -ve Days10172358112321
Stock -ve Days6152555117366

[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
CHMG55.6%30.5%1.45-
Sector ETF (XLF)7.3%14.6%0.2744.5%
Equity (SPY)17.6%12.7%1.0017.5%
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%0.6930.4%
Bitcoin (BTCUSD)-46.2%42.9%-1.329.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CHMG
CHMG16.4%26.7%0.58-
Sector ETF (XLF)11.1%18.5%0.4638.0%
Equity (SPY)12.8%17.1%0.5824.3%
Gold (GLD)17.0%18.4%0.75-5.6%
Commodities (DBC)9.6%19.5%0.384.7%
Real Estate (VNQ)3.0%18.9%0.0625.8%
Bitcoin (BTCUSD)15.3%53.4%0.4710.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CHMG
CHMG13.1%35.9%0.45-
Sector ETF (XLF)13.4%22.0%0.5649.5%
Equity (SPY)14.9%17.9%0.7141.9%
Gold (GLD)11.3%16.1%0.57-2.3%
Commodities (DBC)7.2%17.9%0.3215.7%
Real Estate (VNQ)5.2%20.7%0.2140.7%
Bitcoin (BTCUSD)58.1%66.2%0.9812.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 630202610.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest1.5 days
Basic Shares Quantity4.8 Mil
Short % of Basic Shares1.9%

Earnings Returns History

Updated 7/26/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/22/2026-0.5%  
4/17/20265.9%11.8%10.5%
1/26/20262.5%7.1%-0.3%
10/21/20252.4%2.5%0.2%
7/17/2025-1.7%-0.8%-4.4%
4/18/2025-0.9%1.8%13.1%
1/28/202514.6%7.6%9.1%
10/22/2024-0.0%-0.2%6.1%
...
SUMMARY STATS   
# Positive171317
# Negative8117
Median Positive1.7%5.8%6.9%
Median Negative-0.5%-0.8%-4.8%
Max Positive14.6%11.8%17.8%
Max Negative-2.6%-6.9%-15.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/22/2026-0.5%  
4/17/20265.9%11.8%10.5%
1/26/20262.5%7.1%-0.3%
10/21/20252.4%2.5%0.2%
7/17/2025-1.7%-0.8%-4.4%
4/18/2025-0.9%1.8%13.1%
1/28/202514.6%7.6%9.1%
10/22/2024-0.0%-0.2%6.1%
7/18/2024-2.6%-3.4%-10.2%
4/18/202410.3%10.3%10.1%
1/25/20240.6%-6.9%-13.4%
10/25/20230.9%5.8%17.8%
7/20/2023-0.3%5.0%0.2%
4/20/20231.7%-1.4%-15.4%
1/26/20236.2%8.4%4.9%
10/21/2022-0.5%-0.5%10.6%
7/21/20222.0%-0.4%0.3%
4/21/20220.0%-0.6%-4.8%
1/26/20220.0%-1.7%-0.2%
10/22/20211.3%3.0%1.6%
7/22/20211.1%4.3%6.9%
4/22/2021-0.3%-0.1%3.6%
1/22/20211.7%-0.8%9.6%
10/19/20202.6%2.7%4.5%
7/21/20201.2%6.8%11.8%
SUMMARY STATS   
# Positive171317
# Negative8117
Median Positive1.7%5.8%6.9%
Median Negative-0.5%-0.8%-4.8%
Max Positive14.6%11.8%17.8%
Max Negative-2.6%-6.9%-15.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202503/13/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/07/202510-Q
12/31/202403/14/202510-K
09/30/202411/07/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202303/13/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/12/202310-Q
12/31/202203/22/202310-K
09/30/202211/09/202210-Q
06/30/202208/11/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202503/13/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/07/202510-Q
12/31/202403/14/202510-K
09/30/202411/07/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202303/13/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/12/202310-Q
12/31/202203/22/202310-K
09/30/202211/09/202210-Q
06/30/202208/11/202210-Q
03/31/202205/12/202210-Q
12/31/202103/23/202210-K
09/30/202111/10/202110-Q
06/30/202108/12/202110-Q
03/31/202105/12/202110-Q
12/31/202003/24/202110-K
09/30/202011/05/202010-Q
06/30/202008/06/202010-Q
03/31/202005/08/202010-Q
12/31/201903/12/202010-K
09/30/201911/06/201910-Q
06/30/201908/08/201910-Q

Insider Activity

Updated 7/6/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Tyrrell, Thomas RDirectSell427202665.3378851,480525,915Form
2Dalrymple, Robert HDirectSell226202656.562,833160,23276,411Form
3Fariello, Daniel DPresident, Capital Bank Div.DirectSell204202661.5724214,901483,855Form
4Tyrrell, Thomas RDirectSell202202661.0050030,500536,792Form
5Streeter, Jeffrey BDirectBuy1030202551.922,184113,4001,699,216Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Tyrrell, Thomas RDirectSell427202665.3378851,480525,915Form
2Dalrymple, Robert HDirectSell226202656.562,833160,23276,411Form
3Fariello, Daniel DPresident, Capital Bank Div.DirectSell204202661.5724214,901483,855Form
4Tyrrell, Thomas RDirectSell202202661.0050030,500536,792Form
5Streeter, Jeffrey BDirectBuy1030202551.922,184113,4001,699,216Form
6Streeter, Jeffrey BDirectBuy1029202551.641,31667,9521,577,026Form
7Cole, Loren DEVP & CIOQualified PlanBuy805202550.102,983149,448467,496Form
8Streeter, Jeffrey BDirectBuy728202552.602,612137,3941,536,075Form
9Streeter, Jeffrey BDirectBuy725202552.945,000264,6781,407,575Form
10Streeter, Jeffrey BDirectBuy725202552.914,103217,0761,142,271Form
11Streeter, Jeffrey BDirectBuy724202553.193,285174,719930,093Form
12Kenefick, Jeffrey PRegional PresidentDirectBuy722202552.7547525,056555,730Form

Investor Activity (13F)

Updated Jul 26, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active 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.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
PL Capital Advisors, LLC$5.9 Mil1.8%30Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
PL Capital Advisors, LLC$5.9 Mil1.8%30Hold13F
Core Cache Last Updated: 7/25/2026