Chemung FinancialCHMG +1.63%58 ROE % is 14.22% as of Mar. 2026, which is 32% above its 10-year median of 10.81. 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 1,524 Banks companies, Chemung Financial ranks worse than 69.09% on this metric.
The historical rank and industry rank for Chemung Financial's ROE % or its related term are showing as below:
CHMG'
s ROE % Range Over the Past 10 Years
Min: 5.06 Med: 10.81 Max: 15.24
Current: 7.45
During the past 13 years, Chemung Financial's highest ROE % was 15.24%. The lowest was 5.06%. And the median was 10.81%.
CHMG's ROE % is ranked worse than 69.09% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs CHMG: 7.45
Chemung Financial (NAS:CHMG) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Chemung Financial ROE % Related Terms
Chemung Financial ROE % Historical Data
* Premium members only.
The historical data trend for Chemung Financial's ROE % 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.
For the Banks - Regional subindustry, Chemung Financial's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry
For the Banks industry and Financial Services sector, Chemung Financial's ROE % distribution charts can be found below:
* The bar in red indicates where Chemung Financial's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Chemung Financial (CHMG) has a ROE % of 14.22% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Chemung Financial and its competitors. This is 32% above median its historical median of 10.81. Over the past decade, Chemung Financial's ROE % has ranged from 5.06 to 15.24. According to the industry distribution chart, Chemung Financial ranks #1053 out of 1524 companies in the Banks industry, placing it in the top 69.1%.
Is Chemung Financial's ROE % too high?
Chemung Financial's current ROE % of 14.22% is 32% above median its 10-year median of 10.81. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 15.24. The Banks industry median ROE % is 10.22. Chemung Financial's value of 14.22% is 39.1% above this industry median. Based on the distribution chart, Chemung Financial ranks #1053 out of 1524 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 ROE % compare to FNLC and NWFL?
According to the Banks industry distribution chart, Chemung Financial ranks #1053 out of 1524 companies for ROE %. This places Chemung Financial in the lower half of its industry. The industry median ROE % is 10.22. Chemung Financial's value of 14.22% is 39.1% above this benchmark. Historically, Chemung Financial's own ROE % has ranged from 5.06 to 15.24 over the past decade. While the company's 10-year median is 10.81 vs. the industry median of 10.22, 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chemung Financial's current ROE % of 14.22% is 39.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Chemung Financial and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemung Financial's current ROE % is 14.22%, which is 32% above median its own 10-year median of 10.81. 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 $75.54 — trading 47.5% above its estimated fair value. The current ROE % is 14.22%, which is 32% above median its 10-year median of 10.81 and 39.1% above the Banks industry median of 10.22. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Chemung Financial (CHMG), the current ROE % is 14.22% 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 $75.54 is trading 47.5% above its estimated GF Value™ of $51.22.
GuruFocus considers Chemung Financial to be Significantly Overvalued.
Key valuation signals for CHMG:
ROE %: 14.22% (32% above median its 10-year median of 10.81)
GF Value™: $51.22 vs. price of $75.54 (47.5% above fair value)
Industry Position: 39.1% above the Banks median (#1053 of 1524)
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
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