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Chemung Financial - Stock

Chemung Financial Employees 2024

Chemung Financial Employees

362

Ticker

CHMG

ISIN

US1640241014

WKN

A0YHJX

In 2024, Chemung Financial employed 362 people, a 0% change from the 362 number of employees in the previous year.

Chemung Financial Aktienanalyse

What does Chemung Financial do?

The Chemung Financial Corporation is a company that operates in the financial industry. It was founded in 1833 and is headquartered in Elmira, New York. The company specializes in providing financial services and is active in the areas of banking, real estate, and insurance. In the banking sector, Chemung Financial Corporation offers various products and services, including deposit accounts, credit cards, mortgage loans, loans, and investment advice. It operates a total of 34 branches in New York and Pennsylvania and has a workforce of over 500 employees. The company's history began in 1833 when the Chemung Canal Bank was founded to finance the transportation of goods on the Chemung Canal. In 1865, the bank received a federal banking license and was recognized as a national bank. In 1889, the bank was restructured as the Chemung Canal Trust Company. It was one of the first banks in New York to engage in trust business. Over time, the company expanded and in 2004, it added the name "Chemung Financial Corporation" as a holding company to the Chemung Canal Trust Company. They also acquired Capital Bank & Trust Co., which is now operated as a subsidiary. These acquisitions allowed the company to establish a strong customer base in the region. The Chemung Risk Management, Inc division is the real estate division of the company and offers asset management and investment advisory services. It specializes in fund management, private equity and fixed-income securities, stocks, and bonds. The real estate division serves multiple clients and invests in properties in New York and Florida. The Chemung Canal Trust Company offers various types of insurance, including life, health, auto, liability, and small business insurance. They prioritize personal service and provide customized insurance offerings tailored to individual customer needs. They also offer consultations and support for wealth planning. Chemung Financial Corporation has established itself as one of the reputable financial companies in the banking, real estate, and insurance industries. With their years of experience and expertise in these areas, the company provides outstanding service and reliable products. The company aims to continue its ongoing expansion to expand its customer base and strengthen its commitment to the financial industry. Chemung Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Employees Details

Examining Chemung Financial's Employee Base

Chemung Financial's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding Chemung Financial's operational capacity and future potential.

Year-to-Year Comparison

Assessing Chemung Financial's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

Chemung Financial's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in Chemung Financial’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about Chemung Financial stock

How many employees does Chemung Financial have this year?

Chemung Financial has 362 undefined employees this year.

How many employees did Chemung Financial have compared to the previous year?

Compared to the previous year, Chemung Financial had 0% more employees.

What impact did the number of employees have on the company Chemung Financial?

The number of employees has a direct impact on the efficiency and productivity of Chemung Financial. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of Chemung Financial?

The number of employees can also have an impact on investors of Chemung Financial, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of Chemung Financial affect the company?

An increase in equity of Chemung Financial can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in Chemung Financial's equity affect the company?

A reduction in equity of Chemung Financial can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of Chemung Financial?

Some factors that can influence the equity of Chemung Financial include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of Chemung Financial so important for investors?

The equity of Chemung Financial is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at Chemung Financial influence the company?

The number of employees at Chemung Financial can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at Chemung Financial evolved in recent years?

In recent years, the number of employees at Chemung Financial has changed by 0.

How many employees does Chemung Financial currently have?

Chemung Financial currently has 362 undefined employees.

Why is the number of employees important for investors of Chemung Financial?

The number of employees is important for investors of Chemung Financial as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can Chemung Financial take to change the number of employees?

To change the number of employees, Chemung Financial can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

How much dividend does Chemung Financial pay?

Over the past 12 months, Chemung Financial paid a dividend of 1.24 USD . This corresponds to a dividend yield of about 2.78 %. For the coming 12 months, Chemung Financial is expected to pay a dividend of 1.41 USD.

What is the dividend yield of Chemung Financial?

The current dividend yield of Chemung Financial is 2.78 %.

When does Chemung Financial pay dividends?

Chemung Financial pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Chemung Financial?

Chemung Financial paid dividends every year for the past 22 years.

What is the dividend of Chemung Financial?

For the upcoming 12 months, dividends amounting to 1.41 USD are expected. This corresponds to a dividend yield of 3.16 %.

In which sector is Chemung Financial located?

Chemung Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Chemung Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chemung Financial from 7/1/2024 amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did Chemung Financial pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of Chemung Financial in the year 2023?

In the year 2023, Chemung Financial distributed 1.24 USD as dividends.

In which currency does Chemung Financial pay out the dividend?

The dividends of Chemung Financial are distributed in USD.

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Andere Kennzahlen von Chemung Financial

Our stock analysis for Chemung Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Chemung Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.