CHMG RSI Chart
Last 7 days
0.3%
Last 30 days
9.1%
Last 90 days
-1.1%
Trailing 12 Months
24.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 118.1M | 0 | 0 | 0 |
2023 | 90.2M | 99.5M | 107.5M | 113.1M |
2022 | 69.7M | 71.3M | 74.7M | 81.5M |
2021 | 67.3M | 67.7M | 68.7M | 69.0M |
2020 | 66.7M | 66.4M | 66.3M | 66.9M |
2019 | 65.5M | 66.4M | 67.0M | 66.9M |
2018 | 61.4M | 62.6M | 63.2M | 64.6M |
2017 | 56.5M | 57.3M | 58.8M | 60.1M |
2016 | 55.0M | 55.4M | 55.8M | 56.2M |
2015 | 53.5M | 54.0M | 54.3M | 54.2M |
2014 | 50.9M | 51.5M | 52.4M | 53.2M |
2013 | 51.3M | 50.9M | 50.3M | 50.7M |
2012 | 54.0M | 53.5M | 53.0M | 52.1M |
2011 | 42.1M | 44.4M | 47.4M | 50.6M |
2010 | 0 | 43.9M | 43.3M | 42.7M |
2009 | 0 | 0 | 0 | 44.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 01, 2024 | archibold raimundo c. jr | sold | -17,942 | 42.2169 | -425 | - |
Feb 20, 2024 | meade joseph f iv | bought | 3,654 | 43.5 | 84.00 | - |
Jan 18, 2024 | tomson anders | sold (taxes) | -79,398 | 48.12 | -1,650 | president & ceo |
Jan 17, 2024 | gonick denise v | acquired | 28,000 | 48.11 | 582 | - |
Jan 17, 2024 | forrestel richard e jr | acquired | 28,000 | 48.11 | 582 | - |
Jan 17, 2024 | tomson anders | acquired | 220,007 | 48.11 | 4,573 | president & ceo |
Jan 17, 2024 | meade joseph f iv | acquired | 28,000 | 48.11 | 582 | - |
Jan 17, 2024 | buicko david m | acquired | 32,137 | 48.11 | 668 | - |
Jan 17, 2024 | meade joseph f iv | bought | 28,000 | 48.11 | 582 | - |
Jan 17, 2024 | archibold raimundo c. jr | acquired | 28,000 | 48.11 | 582 | - |
Which funds bought or sold CHMG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -38.99 | -13,782 | 14,953 | -% |
May 15, 2024 | CAPTRUST FINANCIAL ADVISORS | reduced | -30.81 | -203,959 | 293,648 | -% |
May 15, 2024 | Royal Bank of Canada | reduced | -23.63 | -63,000 | 116,000 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -10.14 | -92,643 | 304,114 | -% |
May 15, 2024 | STATE STREET CORP | added | 0.98 | -305,419 | 1,911,770 | -% |
May 15, 2024 | MORGAN STANLEY | reduced | -6.31 | -330,120 | 1,314,100 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | reduced | -32.51 | -164,445 | 223,148 | -% |
May 15, 2024 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | added | 10.02 | -171,161 | 2,611,710 | 0.05% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -90.48 | -15,374 | 1,359 | -% |
May 15, 2024 | FIRST MANHATTAN CO. LLC. | reduced | -16.28 | -814,032 | 2,033,430 | 0.01% |
Unveiling Chemung Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Chemung Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 588.1B | 174.7B | 11.68 | 3.37 | ||||
BAC | 307.4B | 137.9B | 12.28 | 2.23 | ||||
WFC | 213.0B | 85.8B | 11.35 | 2.48 | ||||
C | 122.2B | 125.0B | 15.29 | 0.98 | ||||
CFG | 16.9B | 10.4B | 11.81 | 1.62 | ||||
KEY | 14.5B | 8.1B | 16.61 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.3B | 4.2B | 10.46 | 1.71 | ||||
ZION | 6.6B | 4.1B | 10.55 | 1.63 | ||||
ABCB | 3.5B | 1.3B | 12.32 | 2.65 | ||||
ASB | 3.4B | 2.0B | 20.88 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 417.1M | 173.1M | 14.3 | 2.41 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 295.5M | 98.7M | 10.04 | 2.99 | ||||
ASRV | 48.0M | 62.5M | -16.24 | 0.77 |
Chemung Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 3.9% | 31.00 | 30.00 | 29.00 | 28.00 | 26.00 | 24.00 | 21.00 | 19.00 | 17.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 | 17.00 | 16.00 | 16.00 | 17.00 | 17.00 | 17.00 | 17.00 |
EBITDA Margin | -6.0% | 0.90* | 0.95* | 1.08* | 1.16* | 1.30* | 1.39* | 1.45* | 1.49* | 1.48* | 1.48* | 1.45* | 1.44* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.1% | 18.00 | 18.00 | 18.00 | 19.00 | 20.00 | 21.00 | 19.00 | 18.00 | 17.00 | 17.00 | 17.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
Income Taxes | 142.3% | 2.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 |
Earnings Before Taxes | 95.7% | 9.00 | 5.00 | 10.00 | 8.00 | 9.00 | 10.00 | 8.00 | 10.00 | 9.00 | 8.00 | 8.00 | 9.00 | 8.00 | 7.00 | 7.00 | 7.00 | 3.00 | 5.00 | 2.00 | 6.00 | 6.00 |
EBT Margin | -4.7% | 0.27* | 0.28* | 0.34* | 0.35* | 0.41* | 0.45* | 0.48* | 0.50* | 0.49* | 0.49* | 0.47* | 0.46* | - | - | - | - | - | - | - | - | - |
Net Income | 85.4% | 7.00 | 4.00 | 8.00 | 6.00 | 7.00 | 7.00 | 6.00 | 8.00 | 7.00 | 6.00 | 7.00 | 7.00 | 7.00 | 5.00 | 6.00 | 6.00 | 2.00 | 4.00 | 2.00 | 5.00 | 4.00 |
Net Income Margin | -5.1% | 0.21* | 0.22* | 0.27* | 0.28* | 0.32* | 0.35* | 0.37* | 0.39* | 0.38* | 0.38* | 0.37* | 0.36* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 117.1% | 8.00 | 4.00 | 9.00 | 7.00 | 10.00 | 2.00 | 14.00 | 12.00 | 6.00 | 9.00 | 9.00 | 9.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.7% | 2,785 | 2,711 | 2,708 | 2,675 | 2,654 | 2,646 | 2,551 | 2,450 | 2,475 | 2,418 | 2,418 | 2,381 | 2,442 | 2,279 | 2,165 | 2,051 | 1,841 | 1,788 | 1,794 | 1,753 | 1,770 |
Cash Equivalents | 157.4% | 95.00 | 37.00 | 76.00 | 54.00 | 35.00 | 56.00 | 42.00 | 30.00 | 65.00 | 27.00 | 62.00 | 57.00 | 157 | 109 | 150 | 155 | 144 | 122 | 146 | 116 | 126 |
Net PPE | -100.0% | - | 15.00 | - | - | - | 16.00 | - | - | - | - | - | - | 20.00 | 20.00 | 21.00 | 21.00 | 22.00 | 22.00 | 23.00 | 24.00 | 24.00 |
Goodwill | 0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
Liabilities | 2.9% | 2,588 | 2,515 | 2,538 | 2,497 | 2,477 | 2,479 | 2,396 | 2,275 | 2,289 | 2,207 | 2,212 | 2,177 | 2,248 | 2,080 | 1,968 | 1,856 | 1,651 | 1,605 | 1,612 | 1,575 | 1,598 |
Shareholder's Equity | 1.0% | 197 | 195 | 170 | 177 | 177 | 166 | 156 | 175 | 186 | 211 | 206 | 204 | 195 | 200 | 197 | 195 | 190 | 183 | 182 | 178 | 172 |
Retained Earnings | 2.4% | 236 | 230 | 228 | 221 | 217 | 212 | 206 | 201 | 194 | 189 | 184 | 179 | 173 | 168 | 164 | 160 | 155 | 154 | 151 | 150 | 146 |
Additional Paid-In Capital | 0.0% | 48.00 | 48.00 | 48.00 | 48.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 46.00 | 46.00 | 46.00 | 46.00 |
Shares Outstanding | 0.7% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 145 | - | - | - | 177 | - | - | - | 166 | - | - | - | 104 | - | - | - | 185 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 119.2% | 7,934 | 3,620 | 9,396 | 7,179 | 10,686 | 2,362 | 14,800 | 11,901 | 5,984 | 8,883 | 9,167 | 9,206 | 8,205 | 8,672 | 5,659 | 8,034 | 6,294 | 4,597 | 8,436 | 6,128 | 7,244 |
Cashflow From Investing | 37.4% | -17,866 | -28,539 | -19,148 | -4,771 | -29,923 | -77,044 | -105,331 | -25,268 | -44,977 | -37,815 | -38,468 | -35,796 | -130,405 | -159,759 | -121,094 | -196,189 | -18,806 | -23,438 | -12,831 | 11,079 | -7,521 |
Cashflow From Financing | 591.9% | 67,947 | -13,814 | 31,106 | 17,177 | -1,991 | 88,128 | 103,186 | -22,348 | 77,495 | -5,784 | 34,201 | -73,612 | 170,661 | 109,723 | 110,175 | 198,859 | 35,066 | -5,553 | 34,233 | -26,557 | -3,885 |
Dividend Payments | 0.5% | 1,470 | 1,463 | 1,463 | 1,459 | 1,455 | 1,450 | 1,448 | 1,449 | 1,450 | 1,445 | 1,448 | 1,211 | 1,214 | 1,229 | 1,247 | 1,267 | 1,263 | 1,260 | 1,259 | 1,256 | 1,254 |
Buy Backs | -62.4% | 82.00 | 218 | - | - | 98.00 | 238 | - | - | 695 | 566 | 4.00 | 245 | 801 | 2,452 | 1,816 | 3,321 | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest and dividend income: | ||
Loans, including fees | $ 27,198 | $ 22,289 |
Taxable securities | 3,557 | 3,583 |
Tax exempt securities | 258 | 261 |
Interest-earning deposits | 206 | 97 |
Total interest and dividend income | 31,219 | 26,230 |
Interest expense: | ||
Deposits | 12,145 | 5,387 |
Borrowed funds | 985 | 896 |
Total interest expense | 13,130 | 6,283 |
Net interest income | 18,089 | 19,947 |
Provision (credit) for credit losses | (2,040) | 277 |
Net interest income after provision for credit losses | 20,129 | 19,670 |
Non-interest income: | ||
Changes in fair value of equity investments | 101 | 72 |
Net gains (losses) on sales of loans held for sale | 32 | 5 |
Net gains on sales of other real estate owned | 9 | 10 |
Other | 800 | 682 |
Total non-interest income | 5,657 | 5,423 |
Non-interest expenses: | ||
Salaries and wages | 7,016 | 6,783 |
Pension and other employee benefits | 2,082 | 1,680 |
Other components of net periodic pension and postretirement benefits | (232) | (174) |
Net occupancy | 1,493 | 1,465 |
Furniture and equipment | 398 | 418 |
Data processing | 2,573 | 2,381 |
Professional services | 559 | 440 |
Marketing and advertising | 345 | 332 |
Other real estate owned | 49 | 38 |
FDIC insurance | 577 | 497 |
Loan expense | 255 | 232 |
Other | 1,583 | 1,744 |
Total non-interest expenses | 16,698 | 15,836 |
Income before income tax expense | 9,088 | 9,257 |
Income tax expense | 2,038 | 1,987 |
Net income | $ 7,050 | $ 7,270 |
Weighted average shares outstanding, basic (in shares) | 4,764 | 4,721 |
Weighted average shares outstanding, diluted (in shares) | 4,764 | 4,721 |
Basic earnings per share (in dollars per share) | $ 1.48 | $ 1.54 |
Diluted earnings per share (in dollars per share) | $ 1.48 | $ 1.54 |
WMG fee income | ||
Non-interest income: | ||
Revenues from contracts with customer | $ 2,703 | $ 2,580 |
Service charges on deposit accounts | ||
Non-interest income: | ||
Revenues from contracts with customer | 949 | 941 |
Interchange revenue from debit card transactions | ||
Non-interest income: | ||
Revenues from contracts with customer | $ 1,063 | $ 1,133 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
ASSETS | ||
Cash and due from financial institutions | $ 22,984 | $ 22,247 |
Interest-earning deposits in other financial institutions | 71,878 | 14,600 |
Total cash and cash equivalents | 94,862 | 36,847 |
Equity investments, at estimated fair value | 3,093 | 3,046 |
Securities available for sale, at estimated fair value (amortized cost of $656,640, at March 31, 2024 and $669,092 at December 31, 2023, net of allowance for credit losses on securities of $0 at March 31, 2024 and December 31, 2023, respectively) | 566,028 | 583,993 |
Securities held to maturity | 785 | 785 |
FHLBNY and FRBNY Stock, at cost | 4,071 | 5,498 |
Loans, net of deferred loan fees | 2,003,610 | 1,972,664 |
Allowance for credit losses | (20,471) | (22,517) |
Loans, net | 1,983,139 | 1,950,147 |
Loans held for sale | 96 | 0 |
Premises and equipment, net | 14,183 | 14,571 |
Operating lease right-of-use assets | 6,018 | 5,648 |
Goodwill | 21,824 | 21,824 |
Bank-owned life insurance | 2,923 | 2,914 |
Interest rate swap assets | 25,806 | 23,942 |
Accrued interest receivable and other assets | 62,062 | 61,314 |
Total assets | 2,784,890 | 2,710,529 |
Deposits: | ||
Non-interest-bearing | 656,330 | 653,166 |
Interest-bearing | 1,824,442 | 1,776,261 |
Total deposits | 2,480,772 | 2,429,427 |
FHLBNY overnight advances | 0 | 31,920 |
FRB term advance | 50,000 | 0 |
Long term finance lease obligation | 2,979 | 3,050 |
Operating lease liabilities | 6,197 | 5,827 |
Dividends payable | 1,473 | 1,469 |
Interest rate swap liabilities | 25,811 | 23,981 |
Accrued interest payable and other liabilities | 20,530 | 19,614 |
Total liabilities | 2,587,762 | 2,515,288 |
Shareholders' equity: | ||
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at March 31, 2024 and December 31, 2023 | 53 | 53 |
Additional paid-in capital | 47,794 | 47,773 |
Retained earnings | 235,506 | 229,930 |
Treasury stock, at cost; 559,226 shares at March 31, 2024 and 572,663 shares at December 31, 2023 | (16,147) | (16,502) |
Accumulated other comprehensive loss | (70,078) | (66,013) |
Total shareholders' equity | 197,128 | 195,241 |
Total liabilities and shareholders' equity | $ 2,784,890 | $ 2,710,529 |