Chemung Financial CorpCHMG Market cap $222M
About: Chemung Financial Corp is a bank holding firm. It provides financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, securities, and insurance brokerage services. Its business operations are organized into two lines of business: Banking, and Wealth Management services. It derives its revenues from the core banking business.
Employees: 339
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
15% more funds holding
Funds holding: 55 [Q1] → 63 (+8) [Q2]
14% more capital invested
Capital invested by funds: $83.7M [Q1] → $95.5M (+$11.8M) [Q2]
0.38% more ownership
Funds ownership: 41.49% [Q1] → 41.88% (+0.38%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for CHMG.