Chemung FinancialCHMG +0.39%58 Pretax Margin % is 40.04% as of Mar. 2026, which is 40% above its 10-year median of 28.69. GuruFocus rates CHMG with a GF Score™ of 58/100 and a GF Value™ of $51.22 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,530 Banks companies, Chemung Financial ranks worse than 73.66% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Chemung Financial Pretax Margin % Related Terms
Chemung Financial Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Chemung Financial's Pretax Margin % 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.
CHMG vs AVBH, BCML, CZFS: Pretax Margin % Comparison
For the Banks - Regional subindustry, Chemung Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Chemung Financial's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Chemung Financial's Pretax Margin % falls into.
* 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 (CHMG) has a Pretax Margin % of 40.04% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Chemung Financial and its competitors. This is 40% above median its historical median of 28.69. Over the past decade, Chemung Financial's Pretax Margin % has ranged from 19.13 to 38.99. According to the industry distribution chart, Chemung Financial ranks #1127 out of 1530 companies in the Banks industry, placing it in the top 73.7%.
Is Chemung Financial's Pretax Margin % too high?
Chemung Financial's current Pretax Margin % of 40.04% is 40% above median its 10-year median of 28.69. Over the past 10 years, this metric has ranged from a low of 19.13 to a high of 38.99. The Banks industry median Pretax Margin % is 34.72. Chemung Financial's value of 40.04% is 15.3% above this industry median. Based on the distribution chart, Chemung Financial ranks #1127 out of 1530 companies in the Banks industry, which is below the industry midpoint. Overall, Chemung Financial has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemung Financial's Pretax Margin % compare to AVBH and BCML?
According to the Banks industry distribution chart, Chemung Financial ranks #1127 out of 1530 companies for Pretax Margin %. This places Chemung Financial in the lower half of its industry. The industry median Pretax Margin % is 34.72. Chemung Financial's value of 40.04% is 15.3% above this benchmark. Historically, Chemung Financial's own Pretax Margin % has ranged from 19.13 to 38.99 over the past decade. While the company's 10-year median is 28.69 vs. the industry median of 34.72, Chemung Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chemung Financial's current Pretax Margin % of 40.04% is 15.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Chemung Financial and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemung Financial's current Pretax Margin % is 40.04%, which is 40% above median its own 10-year median of 28.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemung Financial stock overvalued right now?
Based on GuruFocus' analysis, Chemung Financial (CHMG) is currently considered Significantly Overvalued. The stock's GF Value™ is $51.22, compared to a current price of $74.58 — trading 45.6% above its estimated fair value. The current Pretax Margin % is 40.04%, which is 40% above median its 10-year median of 28.69 and 15.3% above the Banks industry median of 34.72. Chemung Financial's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Chemung Financial (CHMG), the current Pretax Margin % is 40.04% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chemung Financial (CHMG) Overvalued in 2026?
Based on GuruFocus' analysis, Chemung Financial stock appears to be overvalued.
The current stock price of $74.58 is trading 45.6% above its estimated GF Value™ of $51.22.
GuruFocus considers Chemung Financial to be Significantly Overvalued.
Key valuation signals for CHMG:
Pretax Margin %: 40.04% (40% above median its 10-year median of 28.69)
GF Value™: $51.22 vs. price of $74.58 (45.6% above fair value)
Industry Position: 15.3% above the Banks median (#1127 of 1530)
No single metric tells the full story. See the CHMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemung Financial Corp is a bank holding firm. Through its subsidiaries, the company provides various financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds, and brokerage services, among others. The company's reportable segments are Core Banking, Wealth Management (WMG) services, and Holding company and CFS. Maximum revenue is generated from the Core Banking segment, which derives revenue by attracting deposits from the general public and using such funds to originate different types of loans, and to invest in securities. The Wealth Management (WMG) services segment provides trust and investment advisory services to clients.
58GF Score
Get the complete analysis for CHMG
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHMG has been successfully added to your 
