Chemung Financial (CHMG)
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Are Investors Undervaluing Chemung Financial Corp (CHMG) Right Now?
ZACKS· 2024-12-04 15:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true v ...
Is Chemung Financial Corp (CHMG) Stock Undervalued Right Now?
ZACKS· 2024-11-18 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional val ...
Chemung Financial (CHMG) - 2024 Q3 - Quarterly Report
2024-11-07 15:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Securities registered pursuant to Section 12(b) of the Exchange Act: Title of each class Trading Symbol Name of exchange on which registered Common stock, par value $.01 per share CHMG The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...
Should Value Investors Buy Chemung Financial Corp (CHMG) Stock?
ZACKS· 2024-10-28 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics ...
Chemung Financial (CHMG) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-22 22:35
Chemung Financial (CHMG) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.21%. A quarter ago, it was expected that this financial holding company would post earnings of $1.12 per share when it actually produced earnings of $1.05, delivering a surprise of -6.25%.Over the last four qua ...
Chemung Financial (CHMG) - 2024 Q3 - Quarterly Results
2024-10-22 20:20
EXHIBIT 99.1 Chemung Financial Corporation Reports Third Quarter 2024 Net Income of $5.7 million, or $1.19 per share ELMIRA, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $5.7 million, or $1.19 per share, for the third quarter of 2024, compared to $5.0 million, or $1.05 per share, for the second quarter of 2024, and $7.6 million, or $1.61 per share, for the ...
Chemung Financial Corporation Reports Third Quarter 2024 Net Income of $5.7 million, or $1.19 per share
GlobeNewswire News Room· 2024-10-22 20:15
ELMIRA, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.7 million, or $1.19 per share, for the third quarter of 2024, compared to $5.0 million, or $1.05 per share, for the second quarter of 2024, and $7.6 million, or $1.61 per share, for the third quarter of 2023. “Our balance sheet is well positioned as we enter into this rate cutting cycle. We are seeing ...
Chemung Financial (CHMG) - 2024 Q2 - Quarterly Report
2024-08-07 14:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Securities registered pursuant to Section 12(b) of the Exchange Act: Title of each class Trading Symbol Name of exchange on which registered Common stock, par value $.01 per share CHMG The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...
Chemung Financial (CHMG) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-18 22:25
What's Next for Chemung Financial? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Live Oak Bancshares (LOB) , another stock in the same industry, has yet to report results for the quarter ended June 2024. The results are expected t ...
Chemung Financial (CHMG) - 2024 Q2 - Quarterly Results
2024-07-18 20:20
Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the "Corporation") (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the "Bank"), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quar ...