CHMG icon

Chemung Financial Corp

52.94 USD
-0.23
0.43%
At close Aug 25, 4:00 PM EDT
1 day
-0.43%
5 days
5.90%
1 month
1.17%
3 months
9.61%
6 months
3.64%
Year to date
11.20%
1 year
12.40%
5 years
72.44%
10 years
102.06%
 

About: Chemung Financial Corp is a bank holding firm. Through its subsidiaries, the company provides various financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds, and brokerage services, among others. The company's reportable segments are Core Banking, Wealth Management (WMG) services, and Holding company and CFS. Maximum revenue is generated from the Core Banking segment, which derives revenue by attracting deposits from the general public and using such funds to originate different types of loans, and to invest in securities. The Wealth Management (WMG) services segment provides trust and investment advisory services to clients.

Employees: 343

0
Funds holding %
of 7,429 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

65% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 20

9% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 11

4% more capital invested

Capital invested by funds: $97.9M [Q1] → $102M (+$3.9M) [Q2]

0.86% more ownership

Funds ownership: 42.96% [Q1] → 43.82% (+0.86%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

1% less funds holding

Funds holding: 82 [Q1] → 81 (-1) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$59
11%
upside
Avg. target
$59
11%
upside
High target
$59
11%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Chris O'Cull
11%upside
$59
Market Perform
Maintained
21 Jul 2025

Financial journalist opinion

Based on 6 articles about CHMG published over the past 30 days

Positive
Zacks Investment Research
4 days ago
Are Investors Undervaluing Chemung Financial Corp (CHMG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Chemung Financial Corp (CHMG) Right Now?
Negative
Zacks Investment Research
4 days ago
4 Stocks to Watch That Declared Dividend Hikes Amid Rate-Cut Uncertainty
Dividend hikes from CHMG, MTB, MLM and UCB stand out as investors seek stability amid Fed rate-cut uncertainty and market volatility.
4 Stocks to Watch That Declared Dividend Hikes Amid Rate-Cut Uncertainty
Negative
Zacks Investment Research
5 days ago
3 Banks Stocks With Dividend Hikes in the Past Week to Watch
MTB, CHMG and UCB hike dividends this week, signaling strength amid market volatility.
3 Banks Stocks With Dividend Hikes in the Past Week to Watch
Neutral
GlobeNewsWire
6 days ago
Chemung Financial Corporation Announces Dividend Increase
ELMIRA, N.Y., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.02 per share, equal to a quarterly cash dividend of $0.34 per share, payable on October 1, 2025 to common stock shareholders of record as of the close of business on September 17, 2025.
Chemung Financial Corporation Announces Dividend Increase
Positive
Zacks Investment Research
1 week ago
Chemung Financial (CHMG) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
Chemung Financial (CHMG) is a Top Dividend Stock Right Now: Should You Buy?
Positive
Zacks Investment Research
3 weeks ago
Chemung Financial (CHMG) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
Chemung Financial (CHMG) Could Be a Great Choice
Positive
Zacks Investment Research
1 month ago
Chemung Financial (CHMG)'s Technical Outlook is Bright After Key Golden Cross
From a technical perspective, Chemung Financial Corp (CHMG) is looking like an interesting pick, as it just reached a key level of support. CHMG's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Chemung Financial (CHMG)'s Technical Outlook is Bright After Key Golden Cross
Neutral
GlobeNewsWire
1 month ago
Chemung Financial Corporation Reports Second Quarter 2025 Results
ELMIRA, N.Y., July 17, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported a net loss of $6.5 million, or $1.35 per share, for the second quarter of 2025, compared to net income of $6.0 million, or $1.26 per share, for the first quarter of 2025, and net income of $5.0 million, or $1.05 per share, for the second quarter of 2024.
Chemung Financial Corporation Reports Second Quarter 2025 Results
Positive
Zacks Investment Research
1 month ago
Buy the Best Highly-Ranked Stocks this Earnings Season
Investors looking to add to their portfolios or shake them up after the massive second quarter rally should utilize a screen to help find some of the best Zacks Rank #1 (Strong Buy) stocks.
Buy the Best Highly-Ranked Stocks this Earnings Season
Positive
Zacks Investment Research
1 month ago
Chemung Financial (CHMG) to Report Q2 Results: Wall Street Expects Earnings Growth
Chemung Financial (CHMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chemung Financial (CHMG) to Report Q2 Results: Wall Street Expects Earnings Growth
Charts implemented using Lightweight Charts™