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. It offers various deposits and loans of different types. In addition, the Company provides wealth management services and guardian, custodian, trustee, and agent for pension, profit-sharing, and other employee benefit trusts, as well as various investment, pension, estate planning, and employee benefit administrative services. Further, it offers mutual funds, securities and insurance brokerage, tax preparation, interest rate swaps, and other services.

Type
Public
HQ
Elmira, US
Founded
1833
Size (employees)
368 (est)
Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, US
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Chemung Financial Corporation Office Locations

Chemung Financial Corporation has an office in Elmira
Elmira, US (HQ)
One Chemung Canal Plaza P O BOX 1522
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Chemung Financial Corporation Financials and Metrics

Chemung Financial Corporation Financials

Chemung Financial Corporation's revenue was reported to be $77.32 m in FY, 2016 which is a 3.5% increase from the previous period.
USD

Net income (Q1, 2018)

4.4 m

EBIT (Q1, 2018)

14.2 m

Market capitalization (22-Jun-2018)

245.4 m

Closing share price (22-Jun-2018)

51.5

Cash (31-Mar-2018)

31 m
Chemung Financial Corporation's current market capitalization is $245.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

50.7 m80 m74.7 m77.3 m

Revenue growth, %

58%(7%)4%

Cost of goods sold

3.8 m3.1 m

Gross profit

73.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cost of goods sold

872 k904 k924 k957 k985 k820 k734 k769 k

Depreciation and amortization

194 k

EBIT

12.4 m12.4 m12.4 m12.6 m12 m12.5 m13.5 m14.2 m

Pre tax profit

3.9 m4 m2.2 m4 m4.3 m4.2 m5.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

51.6 m29.2 m26.2 m74.2 m30.7 m

Accounts Receivable

Inventories

PP&E

30 m32.3 m29.4 m28.9 m26.7 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

29.7 m75.2 m55.9 m107.4 m135.5 m125.7 m64.5 m31 m

PP&E

30.9 m30 m28.6 m29.7 m29.1 m28.2 m27.8 m26.1 m

Goodwill

21.8 m21.8 m21.8 m21.8 m21.8 m21.8 m21.8 m21.8 m

Total Assets

1.6 b1.6 b1.6 b1.7 b1.7 b1.7 b1.7 b1.7 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

8.7 m8.2 m9.4 m10 m7.4 m

Depreciation and Amortization

1.1 m986 k

Inventories

Accounts Payable

(107.5 k)(99 k)(28 k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

7.2 m2.1 m4 m3.7 m2.3 m4.9 m2.5 m2.7 m4.3 m7.1 m3 m5.9 m4.4 m

Depreciation and Amortization

285 k277 k258 k245 k245 k226 k

Accounts Payable

(114 k)(46 k)(46 k)(61 k)(12 k)(19 k)(30 k)(2 k)(8 k)(38 k)(29 k)

Cash From Operating Activities

14.9 m2.6 m7.5 m12.4 m3.4 m4.5 m10.1 m5.8 m11.4 m19.8 m6.5 m9 m7 m
USDY, 2018

Financial Leverage

11.3 x
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Chemung Financial Corporation Operating Metrics

Chemung Financial Corporation's Total Loans was reported to be $1.3b in Q2, 2017. Chemung Financial Corporation's Assets Under Management was reported to be $1.8b in Q2, 2017.
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Chemung Financial Corporation Online and Social Media Presence

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