CHMG Chemung Financial Dashboard

Chemung Financial Corp. operates as a holding company. It operates through following segments: Core Banking and Wealth Management Services (WMG). The Core Banking segment attracts deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the local markets of the firm and to invest in securities. The WMG segment provides trust and investment advisory services to clients. The company was founded on January 2, 1985 and is headquartered in Elmira, NY.

Company profile

Ticker

CHMG

Exchange

NASDAQ

Website

www.chemungcanal.com

CEO

Anders M. Tomson

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Citizens Financial • Northern Trust • M & T Bank • Bank Of New York Mellon • Fifth Third Bancorp • Popular • Associated Banc-Corp. • First Citizens Bancshares, Inc • Commerce Bancshares ...

SEC CIK

0000763563

Corporate docs

Articles of Incorporation & Bylaws

IRS number

161237038

CHMG stock data

S&P 500

1M 1Y 2Y 5Y

News

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12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

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11 Mar 21

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Stocks That Hit 52-Week Highs On Friday

5 Mar 21

During Friday's morning session, 251 stocks hit new 52-week highs.

Overview Of Value Stocks In The Financial Services Sector

18 Feb 21

Earnings Scheduled For January 22, 2021

22 Jan 21

Press releases

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Chemung Financial Corporation Reports Annual Net Income of $19.3 million, or $4.01 per Share, and Fourth Quarter 2020 Net Income of $5.2 million, or $1.11 per Share

22 Jan 21

ELMIRA, N.Y., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (NASDAQ:CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $19.3

Calendar

24 Mar 21

17 Apr 21

31 Dec 21

Financial summary

Financial statements Chart CHMG financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	108.54M	108.54M	108.54M	108.54M	108.54M	108.54M
Cash burn (monthly)	13.79M	1.11M	1.68M	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	49.21M	3.97M	6M	n/a	n/a	n/a
Cash remaining	59.33M	104.56M	102.54M	n/a	n/a	n/a
Runway (months of cash)	4.3	93.9	61.0	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

CHMG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 Mar 21	Jeffrey P. Kenefick	Common Stock	Payment of exercise	Dispose F	No	No	42.87	34	1.46K	5,198.752
17 Feb 21	Krebs Karl Francis	Common Stock	Payment of exercise	Dispose F	No	No	35.35	2,196	77.63K	4,849
1 Feb 21	Buicko David M	Common Stock	Buy	Aquire P	No	No	33.75	893	30.14K	5,210

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

CHMG institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

47.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	50	48	+4.2%
Opened positions	5	3	+66.7%
Closed positions	3	5	-40.0%
Increased positions	20	9	+122.2%
Reduced positions	15	22	-31.8%

13F shares	Current	Prev Q	Change
Total value	107.19M	68.7M	+56.0%
Total shares	2.19M	1.67M	+31.4%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Chemung Canal Trust	387.85K	$13.17M	+0.3%
Dalrymple Family LTD Partnership	339.24K	$11.52M	NEW
Robert H Dalrymple	234.49K	$7.96M	NEW
BLK Blackrock	194.34K	$6.6M	+9.9%
Vanguard	170K	$5.77M	+0.4%
Basswood Capital Management, L.L.C.	76.05K	$2.58M	-50.0%
First Manhattan	71.57K	$2.43M	-9.4%
Renaissance Technologies	69.73K	$2.37M	-4.6%
Dimensional Fund Advisors	67.61K	$2.3M	+0.5%
STT State Street	58.21K	$1.99M	-4.1%

Largest transactions	Shares	Bought/sold	Change
Dalrymple Family LTD Partnership	339.24K	+339.24K	NEW
Robert H Dalrymple	234.49K	+234.49K	NEW
Basswood Capital Management, L.L.C.	76.05K	-76.17K	-50.0%
BLK Blackrock	194.34K	+17.43K	+9.9%
Qci Asset Management	0	-14.5K	EXIT
Context BH Capital Management	19.4K	+12.09K	+165.3%
M3F	47.51K	-8.32K	-14.9%
AE Wealth Management	0	-7.74K	EXIT
First Manhattan	71.57K	-7.39K	-9.4%
JPM JPMorgan Chase & Co.	15.12K	+6.76K	+80.9%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

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From filing 10-K 2020 FY