Chemung Financial CorpCHMG
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
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
68% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 19
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
3% more funds holding
Funds holding: 80 [Q4 2024] → 82 (+2) [Q1 2025]
0.52% more ownership
Funds ownership: 42.45% [Q4 2024] → 42.96% (+0.52%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
1% less capital invested
Capital invested by funds: $98.7M [Q4 2024] → $97.9M (-$758K) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler Frank Schiraldi | 6%upside $50 | Neutral Maintained | 22 Apr 2025 |
Keefe, Bruyette & Woods Chris O'Cull | 17%upside $55 | Market Perform Maintained | 22 Apr 2025 |
Financial journalist opinion
Based on 8 articles about CHMG published over the past 30 days
