Chemung Financial Corp (CHMG) Files 10-K for the Fiscal Year Ended on December 31, 2018

Chemung Financial Corp (CHMG, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $228.190 million; its shares were traded at around $47.00 with a P/E ratio of 11.59 and P/S ratio of 2.72. The dividend yield of Chemung Financial Corp stocks is 2.21%.

For the last quarter Chemung Financial Corp reported a revenue of $20.4 million, compared with the revenue of $20.24 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $83.6 million, an increase of 7.8% from last year. For the last five years Chemung Financial Corp had an average revenue growth rate of 4.1% a year.

The reported diluted earnings per share was $4.06 for the year, an increase of 161.9% from previous year. Over the last five years Chemung Financial Corp had an EPS growth rate of 10.8% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Chemung Financial Corp has the cash and cash equivalents of $130.0 million, compared with $30.7 million in the previous year. The long term debt was $4.30 million, compared with $6.52 million in the previous year. Chemung Financial Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $47.00, Chemung Financial Corp is traded at 47.8% premium to its historical median P/S valuation band of $31.81. The P/S ratio of the stock is 2.72, while the historical median P/S ratio is 1.84. The stock gained 5.68% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Jeffrey B Streeter bought 594 shares of CHMG stock on 03/05/2019 at the average price of $47.11. The price of the stock has decreased by 0.23% since.
  • Executive Vice President & CRO Karen R Makowski sold 500 shares of CHMG stock on 02/22/2019 at the average price of $48.25. The price of the stock has decreased by 2.59% since.
  • Executive Vice President & CRO Karen R Makowski sold 500 shares of CHMG stock on 02/22/2019 at the average price of $48.33. The price of the stock has decreased by 2.75% since.

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