CHMG Stock Analysis
CH
Uncovered
Chemung Financial Corp is uncovered by Eyestock quantitative analysis.
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Undervalued
Market cap $B
0.228
Dividend yield
2.62 %
Shares outstanding
4.678 B
Chemung Financial Corp. operates as a holding company. The company is headquartered in Elmira, New York. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of financial services, including demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. The company manages its operations through two segments: core banking and Wealth Management Group (WMG). The core banking segment receives deposits from the general public and uses, such funds to originate consumer, commercial, commercial real estate and residential mortgage loans, mainly in its local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients. The Bank operates approximately 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania.