Chemung Financial Corp - Understand $chmg stock

$CHMG Market Cap: $244.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$94.97M

TTM

Gross Margin

Net Earnings

$21.56M

TTM

Current Assets

Current Liabilities

$48.68M

Q3 2024

Current Ratio

Total Assets

$2.774B

Q3 2024

Total Liabilities

$2.554B

Q3 2024

Book Value

$220.7M

Q3 2024

Cash

$80.44M

Q3 2024

P/E

11.36

Nov 14, 2024 EST

Free Cash Flow

$16.94M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$113.1M	$81.48M	$69.01M	$66.91M	$66.93M	$64.55M	$60.06M	$56.17M	$54.24M	$53.21M	$50.66M
YoY Change	38.78%	18.07%	3.14%	-0.04%	3.69%	7.49%	6.92%	3.55%	1.94%	5.03%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$113.1M	$81.48M	$69.01M	$66.91M	$66.93M	$64.55M	$60.06M	$56.17M	$54.24M	$53.21M	$50.66M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.000M	$2.200M	$2.500M	$2.900M	$3.100M	$3.400M	$3.703M	$4.205M	$4.044M	$3.861M	$3.236M	$4.000M	$3.900M	$3.510M	$3.720M	$4.050M	$3.250M	$3.000M	$2.810M	$2.670M	$2.590M	$2.290M	$2.170M	$2.100M
YoY Change	-9.09%	-12.0%	-13.79%	-6.45%	-8.82%	-8.18%	-11.94%	3.98%	4.74%	19.31%	-19.1%	2.56%	11.11%	-5.65%	-8.15%	24.62%	8.33%	6.76%	5.24%	3.09%	13.1%	5.53%	3.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$38.62M	$7.296M	$3.419M	$3.988M	$6.321M	$4.073M	$3.068M	$3.839M	$3.602M	$3.645M	$4.032M
YoY Change	429.29%	113.4%	-14.27%	-36.91%	55.19%	32.76%	-20.08%	6.58%	-1.18%	-9.6%
% of Operating Profit
Other Income/Expense, Net	$64.24M	$59.28M	$55.68M	$55.94M	$55.70M	$56.77M	$53.76M	$56.61M	$55.43M	$56.23M	$49.40M
YoY Change	8.37%	6.46%	-0.45%	0.43%	-1.88%	5.58%	-5.03%	2.13%	-1.42%	13.82%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Pretax Income	$31.50M	$36.89M	$33.76M	$23.87M	$19.04M	$23.64M	$14.69M	$14.43M	$14.09M	$11.87M	$12.55M	$16.41M	$15.57M	$15.21M	$7.090M	$12.39M	$10.79M	$9.210M	$9.140M	$12.54M	$9.490M	$8.760M	$12.49M	$12.75M
YoY Change	-14.61%	9.27%	41.44%	25.34%	-19.43%	60.87%	1.81%	2.41%	18.75%	-5.47%	-23.5%	5.39%	2.37%	114.53%	-42.78%	14.83%	17.16%	0.77%	-27.11%	32.14%	8.33%	-29.86%	-2.04%
Income Tax	$6.501M	$8.106M	$7.335M	$4.607M	$3.434M	$4.009M	$7.262M	$4.404M	$4.658M	$3.709M	$3.822M	$5.380M	$5.030M	$5.110M	$1.860M	$4.040M	$3.530M	$2.620M	$2.550M	$3.810M	$2.540M	$2.220M	$3.990M	$3.990M
% Of Pretax Income	20.64%	21.97%	21.73%	19.3%	18.03%	16.96%	49.43%	30.52%	33.06%	31.26%	30.45%	32.78%	32.31%	33.6%	26.23%	32.61%	32.72%	28.45%	27.9%	30.38%	26.77%	25.34%	31.95%	31.29%
Net Earnings	$25.00M	$28.78M	$26.43M	$19.26M	$15.61M	$19.63M	$7.430M	$10.03M	$9.433M	$8.157M	$8.731M	$11.02M	$10.54M	$10.10M	$5.230M	$8.350M	$7.260M	$6.590M	$6.590M	$8.730M	$6.960M	$6.540M	$8.490M	$8.760M
YoY Change	-13.14%	8.92%	37.19%	23.4%	-20.47%	164.15%	-25.9%	6.3%	15.64%	-6.57%	-20.77%	4.55%	4.36%	93.12%	-37.37%	15.01%	10.17%	0.0%	-24.51%	25.43%	6.42%	-22.97%	-3.08%
Net Earnings / Revenue	22.11%	35.33%	38.29%	28.79%	23.32%	30.4%	12.37%	17.85%	17.39%	15.33%	17.23%
Basic Earnings Per Share	$5.28	$6.13	$5.64	$4.01
Diluted Earnings Per Share	$5.28	$6.133M	$5.64	$4.01	$3.205M	$4.064M	$1.548M	$2.107M	$1.998M	$1.744M	$1.873M	$2.375M	$2.406M	$2.798M	$1.453M	$2.326M	$2.017M	$1.810M	$1.786M	$2.316M	$1.822M	$1.664M	$2.096M	$2.142M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$20.22M	$22.56M	$25.20M	$27.30M	$30.40M	$25.00M	$26.70M	$28.90M	$29.40M	$32.30M	$30.00M	$25.50M	$24.80M	$24.20M	$24.90M	$24.90M	$23.20M	$21.70M	$18.70M	$17.20M	$17.50M	$17.50M	$14.70M	$13.60M
YoY Change	-10.38%	-10.47%	-7.69%	-10.2%	21.6%	-6.37%	-7.61%	-1.7%	-8.98%	7.67%	17.65%	2.82%	2.48%	-2.81%	0.0%	7.33%	6.91%	16.04%	8.72%	-1.71%	0.0%	19.05%	8.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.046M	$2.830M	$3.100M	$2.700M	$2.500M	$2.300M	$400.0K	$400.0K	$500.0K
YoY Change	7.63%	-8.71%	14.81%	8.0%	8.7%	475.0%	0.0%	-20.0%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$2.711B	$2.646B	$2.419B	$2.280B	$1.788B	$1.755B	$1.708B	$1.657B	$1.620B	$1.525B	$1.476B	$1.248B	$1.216B	$958.3M	$975.6M	$838.3M	$788.9M	$739.0M	$718.0M	$722.5M	$747.2M	$751.2M	$725.1M	$676.2M
YoY Change
Accounts Payable	$19.61M	$46.18M	$24.60M	$29.70M	$19.60M	$15.50M	$14.90M	$14.40M	$16.80M	$26.90M	$15.10M	$500.0K	$800.0K	$800.0K	$1.100M	$1.300M	$1.300M	$1.300M	$1.100M	$1.100M	$1.100M	$1.500M	$2.100M	$2.100M
YoY Change	-57.53%	87.73%	-17.17%	51.53%	26.45%	4.03%	3.47%	-14.29%	-37.55%	78.15%	2920.0%	-37.5%	0.0%	-27.27%	-15.38%	0.0%	0.0%	18.18%	0.0%	0.0%	-26.67%	-28.57%	0.0%
Accrued Expenses	$5.827M	$6.620M	$7.400M	$7.300M	$8.100M
YoY Change	-11.98%	-10.54%	1.37%	-9.88%
Deferred Revenue
YoY Change
Short-Term Debt						$0.00	$10.00M	$27.60M	$28.50M	$29.70M	$12.70M	$32.70M	$37.10M	$44.80M	$54.30M	$63.40M	$31.20M	$35.00M	$60.90M	$88.50M	$79.00M	$78.70M	$79.50M	$49.40M
YoY Change						-100.0%	-63.77%	-3.16%	-4.04%	133.86%	-61.16%	-11.86%	-17.19%	-17.5%	-14.35%	103.21%	-10.86%	-42.53%	-31.19%	12.03%	0.38%	-1.01%	60.93%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$26.91M	$52.80M	$33.50M	$38.20M	$29.00M	$16.80M	$16.10M	$15.60M	$18.00M	$28.10M	$16.30M	$500.0K	$1.900M	$1.700M	$2.000M	$2.200M	$2.200M	$2.100M	$2.000M	$2.000M	$2.000M	$2.400M	$3.000M	$3.000M
YoY Change	-49.04%	57.61%	-12.3%	31.72%	72.62%	4.35%	3.21%	-13.33%	-35.94%	72.39%	3160.0%	-73.68%	11.76%	-15.0%	-9.09%	0.0%	4.76%	5.0%	0.0%	0.0%	-16.67%	-20.0%	0.0%
Long-Term Debt	$3.050M	$99.14M	$3.600M	$3.800M	$4.100M	$4.300M	$4.500M	$4.700M	$2.900M	$3.000M	$20.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-96.92%	2653.81%	-5.26%	-7.32%	-4.65%	-4.44%	-4.26%	62.07%	-3.33%	-85.0%
Other Long-Term Liabilities	$23.98M	$27.20M										$11.90M	$9.400M	$8.100M	$8.100M	$12.80M	$12.40M	$6.600M	$8.300M	$5.300M	$10.10M	$8.200M	$5.100M	$4.700M
YoY Change	-11.82%											26.6%	16.05%	0.0%	-36.72%	3.23%	87.88%	-20.48%	56.6%	-47.52%	23.17%	60.78%	8.51%
Total Long-Term Liabilities	$27.03M	$99.14M	$3.600M	$3.800M	$4.100M	$4.300M	$4.500M	$4.700M	$2.900M	$3.000M	$20.00M	$11.90M	$9.400M	$8.100M	$8.100M	$12.80M	$12.40M	$6.600M	$8.300M	$5.300M	$10.10M	$8.200M	$5.100M	$4.700M
YoY Change	-72.73%	2653.81%	-5.26%	-7.32%	-4.65%	-4.44%	-4.26%	62.07%	-3.33%	-85.0%	68.07%	26.6%	16.05%	0.0%	-36.72%	3.23%	87.88%	-20.48%	56.6%	-47.52%	23.17%	60.78%	8.51%
Total Liabilities	$2.515B	$2.479B	$2.207B	$2.080B	$1.605B	$1.590B	$1.558B	$1.513B	$1.483B	$1.391B	$1.338B	$1.117B	$1.090B	$860.9M	$885.5M	$755.3M	$700.8M	$656.8M	$636.9M	$640.3M	$667.2M	$671.7M	$645.9M	$601.9M
YoY Change	1.46%	12.33%	6.12%	29.57%	0.94%	2.09%	2.93%	2.07%	6.6%	3.98%	19.75%	2.45%	26.65%	-2.78%	17.24%	7.78%	6.7%	3.12%	-0.53%	-4.03%	-0.67%	3.99%	7.31%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	4.732M shares	4.693M shares	4.683M shares	4.802M shares
Diluted Shares Outstanding	4.732M shares	4.693M shares	4.683M shares	4.802M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $244.83 Million

About Chemung Financial Corp

Chemung Financial Corp. is a holding company, which engages in the provision of banking, financing, fiduciary, and other financial services. The company is headquartered in Elmira, New York and currently employs 339 full-time employees. The firm operates about 31 offices through its principal subsidiary, Chemung Canal Trust Company (the Bank), a full-service community bank. The firm is also the parent company of CFS Group, Inc., a financial services subsidiary offering non-traditional services, including mutual funds, annuities, brokerage services, tax preparation services and insurance. The Company, through the Bank and CFS, provides a range of financial services, including demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. Its core banking segment attracts deposits from the general public and uses such funds to originate consumer, commercial, commercial real estate, and other loans. Its WMG services segment offers trust and investment advisory services to clients.

Industry: State Commercial Banks Peers: Ames National Corp COMMUNITY FINANCIAL CORP /MD/ Investar Holding Corp MISSION BANCORP National Bankshares Inc PNC Financial Services Group Inc