CHMG

MKT CAP:$319M

Chemung Financial Corporation

Market Cap

$319M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$68.06+$13.56 (+24.88%)

Apr 22, 2026

Company Details

Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non...

CEO

Anders Tomson

IPO Date

Jan 4, 1999

Website

www.chemungcanal.com

Key Metrics TTM

Revenue

$143M

-5.2% YoY

Net Income

$18M

EPS (Diluted)

$3.78

Free Cash Flow

$44M

Revenue / Share

$29.54

Gross Margin

66.5%

Operating Margin

16.9%

Net Margin

12.8%

FCF Margin

30.7%

P/S

2.2x

P/E

17.4x

Earnings Reports

Q1 2026

Apr 17, 2026

NEW

$40M+6.9%EPS $1.91

FY 2025

Mar 13, 2026

$140M-6.5%EPS $3.13

Q4 2025

Mar 13, 2026

$41M+6.8%EPS $1.61

Q3 2025

Nov 6, 2025

$40M+4.7%EPS $1.60

Q2 2025

Aug 7, 2025

$22M-40.1%EPS -$1.34

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$24M	$25M	$10M
Q3 22	$26M	$23M	$8M
Q4 22	$29M	$25M	$10M
Q1 23	$31M	$25M	$9M
Q2 23	$33M	$23M	$8M
Q3 23	$37M	$25M	$10M
Q4 23	$36M	$21M	$5M
Q1 24	$37M	$26M	$9M
Q2 24	$37M	$22M	$6M
Q3 24	$38M	$23M	$7M
Q4 24	$38M	$25M	$8M
Q1 25	$37M	$24M	$8M
Q2 25	$22M	$9M	-$9M
Q3 25	$40M	$27M	$10M
Q4 25	$41M	$29M	$11M
Q1 26	$40M	$29M	$12M

Valuation

Quarter	P/S	P/E
Q2 22	2.3x	7.5x
Q3 22	2.1x	7.2x
Q4 22	2.1x	7.6x
Q1 23	1.8x	6.7x
Q2 23	1.5x	6.7x
Q3 23	1.4x	6.6x
Q4 23	1.7x	9.4x
Q1 24	1.4x	8.0x
Q2 24	1.5x	9.4x
Q3 24	1.6x	10.6x
Q4 24	1.6x	9.9x
Q1 25	1.5x	10.1x
Q2 25	1.7x	20.8x
Q3 25	1.8x	19.1x
Q4 25	1.9x	17.8x
Q1 26	1.9x	14.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$6M	$6M
Q2 22	$12M	$12M
Q3 22	$15M	$14M
Q4 22	$2M	$2M
Q1 23	$11M	$10M
Q2 23	$7M	$7M
Q3 23	$9M	$9M
Q4 23	$4M	$4M
Q1 24	$8M	$8M
Q2 24	$6M	$5M
Q3 24	$9M	$9M
Q4 24	$6M	$4M
Q1 25	$7M	$7M
Q2 25	$10M	$9M
Q3 25	$12M	$12M
Q4 25	$16M	$16M

Capital Expenditures

Quarter	CapEx
Q1 22	$15.0K
Q2 22	$120.0K
Q3 22	$313.0K
Q4 22	$22.0K
Q1 23	$287.0K
Q2 23	$159.0K
Q3 23	$13.0K
Q4 23	$3.0K
Q1 24	$81.0K
Q2 24	$1M
Q3 24	$607.0K
Q4 24	$2M
Q1 25	$328.0K
Q2 25	$360.0K
Q3 25	$400.0K
Q4 25	$599.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+2.3%	-6.7%
Q3 22	+11.5%	+18.9%
Q4 22	+26.2%	+32.0%
Q1 23	+37.2%	+57.3%
Q2 23	+39.1%	+88.0%
Q3 23	+40.1%	+50.0%
Q4 23	+22.0%	+57.3%
Q1 24	+16.5%	+24.2%
Q2 24	+11.7%	+21.9%
Q3 24	+3.7%	+14.3%
Q4 24	+7.4%	-0.7%
Q1 25	+1.9%	+7.6%
Q2 25	-40.1%	+1.1%
Q3 25	+4.7%	-3.4%
Q4 25	+6.8%	-2.8%
Q1 26	+6.9%	-5.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$179.0K	0.8%
Q2 22	$154.0K	0.7%
Q3 22	$153.0K	0.6%
Q4 22	$309.0K	1.1%
Q1 23	$394.0K	1.3%
Q2 23	$154.0K	0.5%
Q3 23	$289.0K	0.8%
Q4 23	$302.0K	0.8%
Q1 24	$308.0K	0.8%
Q2 24	$305.0K	0.8%
Q3 24	$309.0K	0.8%
Q4 24	$316.0K	0.8%
Q1 25	$294.0K	0.8%
Q2 25	$347.0K	1.6%
Q3 25	$339.0K	0.9%
Q4 25	$924.0K	2.3%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$8M	$184.0K
Q3 22	$9M	$266.0K
Q4 22	$9M	$215.0K
Q1 23	$9M	$332.0K
Q2 23	$9M	$170.0K
Q3 23	$9M	$218.0K
Q4 23	$9M	$203.0K
Q1 24	$9M	$345.0K
Q2 24	$9M	$388.0K
Q3 24	$9M	$210.0K
Q4 24	$9M	$239.0K
Q1 25	$9M	$339.0K
Q2 25	$10M	$351.0K
Q3 25	$11M	$203.0K
Q4 25	$10M	$355.0K
Q1 26	$12M	$241.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$30M	$693M	$723M
Q3 22	$42M	$640M	$683M
Q4 22	$56M	$633M	$688M
Q1 23	$35M	$626M	$661M
Q2 23	$54M	$604M	$659M
Q3 23	$76M	$569M	$645M
Q4 23	$37M	$584M	$621M
Q1 24	$95M	$566M	$661M
Q2 24	$70M	$551M	$621M
Q3 24	$80M	$555M	$635M
Q4 24	$47M	$422M	$469M
Q1 25	$53M	$416M	$470M
Q2 25	$320M	$287M	$607M
Q3 25	$108M	$254M	$361M
Q4 25	$23M	$281M	$303M
Q1 26	$28M	$275M	$303M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	5M	+0.0%	+0.1%
Q3 22	5M	+0.0%	+0.2%
Q4 22	5M	+0.1%	+0.3%
Q1 23	5M	+0.5%	+0.7%
Q2 23	5M	+0.2%	+0.8%
Q3 23	5M	+0.1%	+0.9%
Q4 23	5M	+0.1%	+1.0%
Q1 24	5M	+0.4%	+0.9%
Q2 24	5M	+0.1%	+0.9%
Q3 24	5M	+0.1%	+0.8%
Q4 24	5M	+0.0%	+0.7%
Q1 25	5M	+0.4%	+0.6%
Q2 25	5M	+0.4%	+0.8%
Q3 25	5M	+0.1%	+0.8%
Q4 25	5M	0.0%	+0.8%
Q1 26	5M	+0.3%	+0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$70.3K	337
Q3 22	$77.4K	337
Q4 22	$86.0K	340
Q1 23	$92.4K	340
Q2 23	$96.9K	340
Q3 23	$107.6K	340
Q4 23	$105.2K	339
Q1 24	$108.0K	339
Q2 24	$108.5K	339
Q3 24	$111.9K	339
Q4 24	$111.6K	343
Q1 25	$108.8K	343
Q2 25	$64.2K	343
Q3 25	$115.8K	343
Q4 25	$117.5K	348
Q1 26	$114.6K	348

Revenue / Employee