Chemung Financial Corporation (CHMG) AI Stock Analysis

Chemung Financial Corporation serves as the holding company for Chemung Canal Trust Company, an institution established in 1833 and headquartered in Elmira, New York. The company provides retail and commercial banking services, including demand, savings, and time deposits, checking accounts, and insured money market accounts. Its lending operations focus on commercial and agricultural loans, commercial mortgages, residential mortgages, and consumer financing such as home equity lines of credit. Chemung Financial Corporation also delivers wealth management, fiduciary services, mutual funds, insurance, interest rate swaps, letters of credit, and tax preparation services to individual and business clients.

Revenue grew at a five-year compound annual growth rate of 10.0% from FY2020 to FY2025. Annual revenue expanded from $91.8M in FY2021 to $149.6M in FY2024 before falling 6.5% to $139.9M in FY2025. Operating margin narrowed over this span from 36.8% in FY2021 to 14.2% in FY2025, and net income declined from $26.4M to $15.1M. Over the trailing twelve months ended June 30, 2026, revenue stood at $117.0M with an operating margin of 37.9% and diluted earnings per share of $6.96. In the latest quarter ended June 30, 2026, quarterly revenue grew 241.7% year-over-year while quarterly earnings rose 51.7%.

As of June 30, 2026, Chemung Financial Corporation held $357.0M in cash and short-term investments against total debt of $142.4M, resulting in a net cash position of $214.6M. Shareholders' equity was $270.4M within $2.82B in total assets, and the debt-to-equity ratio stood at 0.53. In FY2025, the company generated operating cash flow of $45.5M and free cash flow of $43.8M. Capital allocation in FY2025 included capital expenditures of $1.7M, dividends paid of $6.3M, and share buybacks of $396,000.

At its last close of $80.51, Chemung Financial Corporation had a market capitalization of $388.2M and an enterprise value of $457.5M. The stock trades at a trailing price-to-earnings ratio of 11.6x and a forward price-to-earnings ratio of 9.3x, both below the median of its US-listed Financial Services peers at 12.1x and 10.8x, respectively. Its price-to-sales multiple of 3.3x sits slightly above the peer median of 3.2x, while its price-to-book ratio is 1.4x. Over the past year, the stock returned 64.5%, outperforming the S&P 500 ETF's return of 16.8%.

Chemung Financial Corporation pays a quarterly dividend with an annualized forward payout of $1.44 per share, translating to a dividend yield of 1.79%. The dividend payout ratio stands at 19.8%, and payments have been maintained for 32 consecutive years. Over the past five years, dividends have grown at an annualized rate of 4.9%.

Wall Street coverage consists of 5 analysts, with 2 Strong Buy, 1 Buy, and 2 Hold ratings. The mean price target of $89.30 suggests an upside of 10.9% compared to the last close of $80.51. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $125.3M and earnings per share of $7.61, representing 31.2% earnings growth. The company beat earnings estimates in 3 of the last 4 quarters, with its next earnings release scheduled for October 20, 2026.

This page is an AI-written research summary of Chemung Financial Corporation (CHMG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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