Chemung Financial - Stock

Chemung Financial Market capitalization 2024

Chemung Financial Market capitalization

216.25 M USD

Ticker

CHMG

ISIN

US1640241014

WKN

A0YHJX

In 2024, Chemung Financial's market cap stood at 216.25 M USD, a 15.25% increase from the 187.63 M USD market cap in the previous year.

The Chemung Financial Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2025e107.14-25.77
2024e99.54-24.16
2023137.62-25
2022102.92-28.78
202192.88-26.43
202088.03-19.26
201987-15.61
201887.62-19.63
201780.55-7.43
201677.32-10.03
201574.69-9.43
201479.97-8.16
201368.74-8.73
201269.27-11.02
201168.11-10.54
201062.38-10.1
200960.17-5.23
200862.56-8.35
200760.49-7.26
200653.93-6.59
200548.98-6.59
200450.47-8.73

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.

Market capitalization Details

Exploring Chemung Financial's Market Capitalization

Chemung Financial's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Chemung Financial's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Chemung Financial's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Chemung Financial’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Chemung Financial Stock

What is the current Chemung Financial market capitalization?

The current market capitalization of Chemung Financial is 216.25 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Chemung Financial.

How has the market capitalization of Chemung Financial developed in recent years?

The market capitalization of Chemung Financial has increased/decreased by 15.25% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Chemung Financial?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Chemung Financial?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Chemung Financial have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 2.71 %. 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 2.71 %.

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 3.08 %.

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.