Chemung Financial Corporation

Chemung Canal Trust Company is an independent community bank which has served the financial needs of businesses and individuals for over 180 years. We trace our roots to the opening of our namesake, the Chemung Canal, in 1833. Today, we operate 34 branch offices in 11 New York State counties and 1 Pennsylvania county. Most important, we remain steadfast to our community banking philosophy and business model which means we build long-term relationships with our clients and play a vital role in the communities we serve. Deposits gathered locally are channeled back into our local communities in the form of loans to businesses, individuals, organizations and other enterprises. Decisions are made locally, not in some far-off distant city.

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

Chemung Financial Corporation Office Locations

Chemung Financial Corporation has an office in Elmira
Elmira, US (HQ)
Canal St

Chemung Financial Corporation Data and Metrics

Chemung Financial Corporation Financial Metrics

Chemung Financial Corporation's revenue was reported to be $56.2 m in FY, 2016
USD

Net income (Q1, 2017)

3 m

EBIT (Q1, 2017)

12.5 m

Market capitalization (17-Aug-2017)

191.3 m

Cash (31-Mar-2017)

125.7 m
Chemung Financial Corporation's current market capitalization is $191.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

50.7 m53.2 m54.2 m56.2 m

Revenue growth, %

5%2%4%

Cost of goods sold

3.8 m

Gross profit

52.3 m

Gross profit Margin, %

93%

EBIT

49.9 m

EBIT margin, %

89%

Pre tax profit

14.4 m

Net Income

8.7 m8.2 m9.4 m10 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

872 k904 k924 k957 k985 k820 k

EBIT

12.4 m12.4 m12.4 m12.6 m12 m12.5 m

Pre tax profit

3.9 m4 m2.2 m4 m4.3 m

Net Income

4 m3.7 m2.3 m4.9 m2.5 m2.7 m4.3 m7.1 m3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

51.6 m29.2 m26.2 m74.2 m

PP&E

30 m32.3 m29.4 m28.9 m

Goodwill

21.8 m21.8 m21.8 m21.8 m

Total Assets

1.5 b1.5 b1.6 b1.7 b

Accounts Payable

1.5 b

Dividends Payable

1.2 m1.2 m1.2 m1.2 m

Total Liabilities

1.5 b

Retained Earnings

111 m114.4 m119 m124.1 m

Total Equity

138.6 m133.6 m137.2 m143.7 m

Financial Leverage

10.7 x11.4 x11.8 x11.5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

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

PP&E

30.9 m30 m28.6 m29.7 m29.1 m28.2 m

Goodwill

21.8 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 b

Accounts Payable

1.3 b1.4 b1.4 b1.5 b1.5 b1.5 b

Dividends Payable

1.2 m1.2 m1.2 m1.2 m1.2 m1.2 m

Additional Paid-in Capital

45.6 m45.7 m45.9 m

Retained Earnings

116.8 m118.1 m120.5 m120.9 m122.4 m125.9 m

Total Equity

136.5 m138.7 m141 m143.4 m144.8 m148.3 m

Financial Leverage

11.4 x11.8 x11.7 x11.7 x11.9 x11.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

8.7 m8.2 m9.4 m10 m

Depreciation and Amortization

1.1 m986 k

Accounts Payable

(107.5 k)(99 k)(28 k)

Cash From Operating Activities

23 m18.4 m14.1 m22.1 m

Purchases of PP&E

(174 m)(23.6 m)(191.1 m)(96 m)

Cash From Investing Activities

(46.5 m)(71.1 m)(114.6 m)(729 k)

Dividends Paid

(3.6 m)(4.8 m)(4.8 m)(4.9 m)

Cash From Financing Activities

34.9 m30.2 m97.5 m26.6 m

Interest Paid

4.2 m3.7 m3.6 m3.8 m

Income Taxes Paid

5.3 m3.3 m7 m4.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

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

Depreciation and Amortization

285 k277 k258 k245 k245 k226 k

Accounts Payable

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

Cash From Operating Activities

7.5 m12.4 m3.4 m4.5 m10.1 m5.8 m11.4 m19.8 m6.5 m

Purchases of PP&E

(2.6 m)(18.3 m)(83.9 m)(129.9 m)(460 k)(47.7 m)(5.7 m)

Cash From Investing Activities

(30 m)(67.2 m)(5.4 m)(40.7 m)(60.8 m)(3.2 m)(29.4 m)

Dividends Paid

(2.4 m)(3.6 m)(1.2 m)(2.4 m)(3.6 m)(1.2 m)(2.4 m)(3.7 m)(1.2 m)

Cash From Financing Activities

37.1 m38.3 m57.6 m36.7 m96.9 m19.3 m51.7 m92.8 m74.4 m

Interest Paid

1.9 m2.8 m904 k1.8 m2.7 m926 k1.9 m2.9 m858 k

Income Taxes Paid

1.2 m1.8 m1.5 m4.7 m5.7 m1.8 m2.7 m
Y, 2017

Financial Leverage

11.7 x

Chemung Financial Corporation Market Value History

Traffic Overview of Chemung Financial Corporation

Chemung Financial Corporation Online and Social Media Presence

Chemung Financial Corporation Company Life and Culture

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