Chemical Financial Corporation

Since 1917, Chemical Bank's hometown approach to banking has remained steadfast and focused on community banking, highlighted by local leadership and decision making, a devotion to community and personalized service. We have over 180 branches that are divided among our 18 Community Banks, each of which has its own Community Board.

We are committed to delivering the guidance and support you need to plan for the future and reach your financial goals. Using a team approach, we provide you with an array of expertise that spans business, personal and investment services. Our experienced professionals spend much of their time working closely with you, and learning about your goals in order to develop financial solutions that will help you meet your needs.

Midland, US
Size (employees)
3,300 (est)
Chemical Financial Corporation was founded in 1917 and is headquartered in Midland, US

Chemical Financial Corporation Office Locations

Chemical Financial Corporation has an office in Midland
Midland, US (HQ)
235 E Main St

Chemical Financial Corporation Metrics

Chemical Financial Corporation Financial Metrics

Revenue (2016)

$532.7 m

Revenue growth (2015-16), %


Gross profit

$503.4 m

Gross profit margin (2016), %


Net income (2016)

$108 m

Market capitalization (28-Apr-2017)

$3.4 b

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$474.4 m
Chemical Financial Corporation's current market capitalization is $3.4 b.
Chemical Financial Corporation's revenue was reported to be $532.7 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016


$214.1 m$227.3 m$291.8 m$532.7 m

Revenue growth, %


Cost of goods sold

$17.8 m$29.3 m

Gross profit

$274 m$503.4 m

Gross profit Margin, %


Operating expense total

$223.9 m$338.4 m


$267.5 m$366.2 m

EBIT margin, %


Pre tax profit

$123.8 m$150.1 m

Income tax expense

$42.1 m

Net Income

$56.8 m$62.1 m$86.8 m$108 m
FY, 2013FY, 2014FY, 2015FY, 2016


$238.8 m$474.4 m

Accounts Receivable



$106.3 m$145 m


$287.4 m$1.1 b

Total Assets

$9.2 b$17.4 b

Accounts Payable

Total Debt

$1.4 b

Additional Paid-in Capital

$725.3 m$2.2 b

Retained Earnings

$281.6 m$340.2 m

Total Equity

$1 b$2.6 b

Debt to Equity Ratio

0.6 x

Debt to Assets Ratio

0.1 x

Financial Leverage

9 x6.7 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$56.8 m$62.1 m$86.8 m$108 m

Depreciation and Amortization

$23.3 m

Accounts Receivable


Accounts Payable

Cash From Operating Activities

$103 m$280.6 m

Cash From Investing Activities

($408.7 m)($542.9 m)

Dividends Paid

($36.9 m)($49.4 m)

Cash From Financing Activities

$361.5 m$498 m

Interest Paid

$17 m$25.5 m

Income Taxes Paid

$22.2 m

Chemical Financial Corporation Market Value History

Chemical Financial Corporation Online Presence

Chemical Financial Corporation Company Life

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