Chemung Financial Corp (CHMG) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 13, 2020
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Chemung Financial Corp (CHMG, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Chemung Financial Corp provides financial services, including demand, savings and time deposits, commercial, residential and consumer loans, and wealth management services. Chemung Financial Corp has a market cap of $146.080 million; its shares were traded at around $29.88 with a P/E ratio of 9.31 and P/S ratio of 1.81. The dividend yield of Chemung Financial Corp stocks is 3.48%. GuruFocus has detected 1 severe warning sign with Chemung Financial Corp. .

For the last quarter Chemung Financial Corp reported a revenue of $20.1 million, compared with the revenue of $20.13 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $79.9 million, a decrease of 3.4% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Chemung Financial Corp had an average revenue growth rate of 2.4% a year.

The reported diluted earnings per share was $3.21 for the year, a decline of 20.9% from the previous year. Over the last five years Chemung Financial Corp had an EPS growth rate of 15% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Chemung Financial Corp has the cash and cash equivalents of $121.9 million, compared with $130.0 million in the previous year. The long term debt was $12.2 million, compared with $4.30 million in the previous year. Chemung Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $29.88, Chemung Financial Corp is traded at close to its historical median P/S valuation band of $32.52. The P/S ratio of the stock is 1.81, while the historical median P/S ratio is 1.93. The stock lost 47.87% during the past 12 months.

For the complete 20-year historical financial data of CHMG, click here.