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Chemung Financial (Chemung Financial) Revenue

: $97.96 Mil (TTM As of Dec. 2023)
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Chemung Financial's revenue for the three months ended in Dec. 2023 was $23.51 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $97.96 Mil. Chemung Financial's Revenue per Share for the three months ended in Dec. 2023 was $4.96. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $20.70.

Good Sign:

Chemung Financial Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Chemung Financial was 2.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Chemung Financial's highest 3-Year average Revenue per Share Growth Rate was 64.70% per year. The lowest was -3.10% per year. And the median was 4.15% per year.


Chemung Financial Revenue Historical Data

The historical data trend for Chemung Financial's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chemung Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.90 82.87 88.42 94.61 97.96

Chemung Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.62 25.14 23.73 25.58 23.51

Competitive Comparison

For the Banks - Regional subindustry, Chemung Financial's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chemung Financial Revenue Distribution

For the Banks industry and Financial Services sector, Chemung Financial's Revenue distribution charts can be found below:

* The bar in red indicates where Chemung Financial's Revenue falls into.



Chemung Financial Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $97.96 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chemung Financial  (NAS:CHMG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Chemung Financial Revenue Related Terms

Thank you for viewing the detailed overview of Chemung Financial's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Chemung Financial (Chemung Financial) Business Description

Traded in Other Exchanges
N/A
Address
One Chemung Canal Plaza, Elmira, NY, USA, 14901
Chemung Financial Corp is a bank holding firm. It provides financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, securities, and insurance brokerage services. Its business operations are organized into two segments, Core Banking, and Wealth Management services. It derives its revenues from the core banking business.
Executives
Meade Joseph F Iv director ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Thomas W Wirth officer: Senior Vice President ONE CHEMUNG CANAL PLAZA, P.O. BOX 1522, ELMIRA NY 14902-1522
Mckim Dale M. Iii officer: EVP, CFO & Treasurer ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Jeffrey P. Kenefick officer: Regional President ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Loren D Cole officer: Executive Vice President ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
Thomas R. Tyrrell director ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
John J Stempin officer: Controller ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Ronald M Bentley officer: President & COO ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
Koen G. Long officer: Controller ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Denise V Gonick director ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Tranter G. Thomas Jr. director ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
Jeffrey B Streeter director ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Robert H Dalrymple director, 10 percent owner ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Kimberly A Hazelton officer: Executive Vice President ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Archibold Raimundo C. Jr director ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522

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