Chemung Financial Corp Common Stock (CHMG)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Chemung Financial as a small community bank holding company for Chemung Canal Trust Company, with 348 employees. Its business is straightforward: deposits, commercial and agricultural loans, mortgages, consumer credit, and fiduciary services. That can create a modest local moat through relationships and trust services, but it is not a wide moat; the bank is small and competition is intense. On the numbers, the record is mixed. In fiscal 2023, the year ended 2023-12-31, net income was $25.0 million and diluted EPS $5.28. In fiscal 2024 it slipped to $23.7 million and $4.96, and in fiscal 2025 it fell to $15.1 million and $3.14. The quarter ended 2025-06-30 was a loss of $6.5 million, or $1.35 per diluted share. More recently, the quarter ended 2026-03-31 earned $9.2 million, or $1.91, and the quarter ended 2026-06-30 earned $8.8 million, or $1.82. That rebound matters, but the longer trend is why FairStock labels it a slow grower that is shrinking, with profit down about 4.7% a year over five years. At the 2026-10-13 close of $80.37, FairStock calculates a P/E of 11.55, P/B of 1.43, ROE of 13.27%, and a dividend yield of 1.79%. A P/E near 12 and ROE just above 13% are not demanding, but P/B of 1.43 is not a giveaway, and the shares are near the high end of the 52-week range of $49.82 to $86.00. The Piotroski F-score is 4/9, the FairStock Score is 55/100, and the PEG of 0.05 looks distorted by inconsistent profits. For a bank, I would want CET1, net interest margin, and credit metrics; those are not in the data, and combined ratio is not provided either. So: fair price, limited moat, and earnings that need to prove the recent quarters are not just a bounce.

In plain English: Chemung Financial is a small regional bank that takes deposits and makes loans to local businesses and consumers, and it also offers trust services. Profits have been uneven: they fell in the past few full years and it had a loss in the quarter ended June 30, 2025, but the two most recent reported quarters were profitable. At $80.37 a share, the price looks neither a bargain nor clearly expensive based on recent earnings and the bank's accounting value, and the stock is near the top of its one-year price range.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer