Company Quick10K Filing
Chemung Financial
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 5 $230
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-06 Quarter: 2019-03-31
10-K 2019-03-13 Annual: 2018-12-31
10-Q 2018-10-31 Quarter: 2018-09-30
10-Q 2018-08-01 Quarter: 2018-06-30
10-Q 2018-05-02 Quarter: 2018-03-31
10-K 2018-03-08 Annual: 2017-12-31
10-Q 2017-11-01 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-03 Quarter: 2017-03-31
10-K 2017-03-08 Annual: 2016-12-31
10-Q 2016-11-02 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-03-11 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-13 Annual: 2014-12-31
10-Q 2014-11-17 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-14 Annual: 2013-12-31
10-Q 2013-11-07 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-03-15 Annual: 2012-12-31
10-Q 2012-11-13 Quarter: 2012-09-30
10-Q 2012-08-13 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-03-28 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-19 Quarter: 2011-06-30
10-Q 2011-05-13 Quarter: 2011-03-31
10-K 2011-03-16 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-15 Annual: 2009-12-31
8-K 2019-12-18 Officers, Exhibits
8-K 2019-12-13 Other Events, Exhibits
8-K 2019-11-14 Officers, Amend Bylaw, Exhibits
8-K 2019-11-14 Regulation FD, Exhibits
8-K 2019-10-18 Earnings, Exhibits
8-K 2019-09-19 Regulation FD, Exhibits
8-K 2019-09-12 Regulation FD
8-K 2019-08-23 Other Events, Exhibits
8-K 2019-08-21 Other Events, Exhibits
8-K 2019-08-21 Officers
8-K 2019-07-22 Earnings, Exhibits
8-K 2019-05-15 Amend Bylaw, Exhibits
8-K 2019-05-15 Other Events, Exhibits
8-K 2019-05-09 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-04-17 Earnings, Exhibits
8-K 2019-02-20 Other Events, Exhibits
8-K 2019-01-30 Regulation FD, Exhibits
8-K 2019-01-23 Earnings, Exhibits
8-K 2018-12-19 Officers, Exhibits
8-K 2018-11-14 Other Events, Exhibits
8-K 2018-11-07 Regulation FD, Exhibits
8-K 2018-10-18 Earnings, Exhibits
8-K 2018-08-15 Other Events, Exhibits
8-K 2018-07-18 Earnings, Exhibits
8-K 2018-06-15 Other Events
8-K 2018-05-16 Amend Bylaw, Other Events, Exhibits
8-K 2018-05-10 Officers, Shareholder Vote, Exhibits
8-K 2018-04-18 Earnings, Exhibits
8-K 2018-02-21 Other Events, Exhibits
8-K 2018-02-21 Officers, Exhibits
8-K 2018-02-15 Earnings, Exhibits
8-K 2018-01-08 Officers, Exhibits
8-K 2017-12-20 Amend Bylaw, Exhibits

Chemung Financial Financials

CHMG Metrics, Comps, Filings

Annual | Quarterly

Business

The Corporation was incorporated on January 2, 1985 under the laws of the State of New York and is headquartered in Elmira, NY. The Corporation was organized for the purpose of acquiring the Bank. The Bank was established in 1833 under the name Chemung Canal Bank, and was subsequently granted a New York State bank charter in 1895. In 1902, the Bank was reorganized as a New York State trust company under the name Elmira Trust Company, and its name was changed to Chemung Canal Trust Company in 1903.

The Corporation became a financial holding company in June 2000. Financial holding company status provided the Corporation with the flexibility to offer an array of financial services, such as insurance products, mutual funds, and brokerage services, which provide additional sources of fee based income and allow the Corporation to better serve its customers. The Corporation established a financial services subsidiary, CFS, in September 2001 which offers non-banking financial services such as mutual funds, annuities, brokerage services, insurance and tax preparation services. The Corporation established a captive insurance subsidiary, CRM,

based in the State of Nevada in May 2016, which insures gaps in commercial coverage and uninsured exposures in the Corporation's current insurance coverages and allows the Corporation to strengthen its overall risk management program.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Parke Bank (PKBK) 256 1.6 2% 1,550 1,383 0 0 28 57 89
Orrstown Financial (ORRF) 254 6.3 0% 2,400 2,180 0 0 11 35 220
AMES National (ATLO) 252 6.8 1% 1,469 1,285 0 0 18 33 229
First Choice Bancorp (FCBP) 250 0% 0.3 1% 1,730 1,476 2 0 23 45 12
National Bankshares (NKSH) 250 0% 11.9 1% 1,270 1,086 6 0 17 21 250
Fidelity D&D Bancorp (FDBC) 248 11.3 1% 997 896 0 0 12 20 229
LCNB (LCNB) 246 6.8 1% 1,642 1,419 0 0 19 33 223
Investar Holding (ISTR) 236 3.9 1% 1,997 1,791 0 0 16 44 172
Monroe Bank and Trust (MBTF) 232 -6.6 1% 1,327 1,191 0 0 10 16 -107
Chemung Financial (CHMG) 230 3.1 1% 1,753 1,575 0 0 22 37 113
Unity Bancorp (UNTY) 228 1.5 1% 1,627 1,477 0 0 23 49 73
Premier Financial Bancorp (PFBI) 221 3.3 1% 1,704 1,472 0 0 23 38 125
Select Bancorp (SLCT) 221 0% 4.4 1% 1,317 1,100 1 0 16 31 135
MVB Financial (MVBF) 220 0% 7.0 1% 1,833 1,632 2 0 25 57 402
Bankwell Financial (BWFG) 216 2.5 1% 1,860 1,683 0 0 19 54 137
SB One Bank (SBBX) 212 5.1 1% 1,866 1,674 0 0 18 43 218
First Internet Bancorp (INBK) 210 -1.4 1% 3,959 3,663 0 0 22 99 -138
Mid Penn Bancorp (MPB) 209 3.7 1% 2,136 1,905 0 0 15 43 161
Norwood Financial (NWFL) 205 0% 9.0 1% 1,223 1,091 3 0 14 26 230
First Business Financial Services (FBIZ) 204 2.9 1% 2,070 1,881 0 0 22 54 159

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash531111111
Accounts Receivable
Inventory
PP&E2525303229292725
Assets1,2161311401351391451,7081,755
Accounts Payable
Long-Term Debt
Liabilities1,090011111,5581,590
Stockholders' Equity126131139134137144150165
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A1111111
Tax5-0-037474
Net Income111198910720
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating9755352428
Cash Investing-500-71-115-1-10744
Cash Financing-12-6-4-5-4-44028