Company research
CHEMUNG FINANCIAL CORP
CIK 763563Updated Sep 24, 2026
SecurityCHMG · NASDAQ · equity
CHMG price & chart
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Recent filings
144 filing
Other Events
Items 8.01, 9.01
10-Q filing
SCHEDULE 13G filing
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,710,235,000Source | 2,776,147,000Source | 2,710,529,000Source | 2,645,553,000Source |
| Property, Plant and Equipment, NetUSD | 15,401,000Source | 16,375,000Source | 14,571,000Source | 16,113,000Source |
| GoodwillUSD | 21,824,000Source | 21,824,000Source | 21,824,000Source | 21,824,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | 0Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 50,097,000Source | 47,035,000Source | 36,847,000Source | 55,869,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,755,000Source | 5,446,000Source | 5,648,000Source | 6,449,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,455,526,000Source | 2,560,838,000Source | 2,515,288,000Source | 2,479,165,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 53,000Source | 53,000Source | 53,000Source | 53,000Source |
| Retained Earnings (Accumulated Deficit)USD | 256,484,000Source | 247,705,000Source | 229,930,000Source | 211,859,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -36,053,000Source | -65,065,000Source | -66,013,000Source | -75,257,000Source |
| Stockholders' Equity Attributable to ParentUSD | 254,709,000Source | 215,309,000Source | 195,241,000Source | 166,388,000Source |
| Additional Paid in Capital, Common StockUSD | 49,547,000Source | 48,783,000Source | 47,773,000Source | 47,331,000Source |
| Liabilities and EquityUSD | 2,710,235,000Source | 2,776,147,000Source | 2,710,529,000Source | 2,645,553,000Source |
| Additional Financial Items | ||||
| Dividends Payable, CurrentUSD | — | 0Source | — | — |
| Dividends PayableUSD | — | 0Source | 1,469,000Source | 1,455,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Deferred Income Tax Expense (Benefit)USD | -2,673,000Source | 1,121,000Source | -1,609,000Source | 1,722,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 45,499,000Source | 29,815,000Source | 30,881,000Source | 35,047,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 68,320,000Source | -57,723,000Source | -82,381,000Source | -252,620,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,687,000Source | 3,626,000Source | 462,000Source | 426,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 396,000Source | 344,000Source | 316,000Source | 933,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -110,757,000Source | 38,096,000Source | 32,478,000Source | 246,461,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 6,325,000Source | 7,365,000Source | 5,840,000Source | 5,797,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,062,000Source | 10,188,000Source | -19,022,000Source | 28,888,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 50,097,000Source | 47,035,000Source | 36,847,000Source | 55,869,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 47,308,000Source | 53,018,000Source | 36,502,000Source | 6,642,000Source |
| Income Taxes Paid, NetUSD | 6,348,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 56,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | 0Source | 0Source | 0Source | 15,000Source |
| Bank Owned Life Insurance IncomeUSD | 32,000Source | 38,000Source | 43,000Source | 46,000Source |
| Debt Securities, Realized Gain (Loss)USD | -17,498,000Source | 0Source | -39,000Source | — |
| DepreciationUSD | 1,895,000Source | 1,814,000Source | 2,001,000Source | 2,226,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -110,000Source | 17,000Source | 16,000Source | 173,000Source |
| Dividends Payable, CurrentUSD | — | 0Source | — | — |
| Dividends PayableUSD | — | 0Source | 1,469,000Source | 1,455,000Source |
| Equipment ExpenseUSD | 1,702,000Source | 1,659,000Source | 1,728,000Source | 1,906,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 211,000Source | 179,000Source | 103,000Source | -349,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 4,693,000Source | 31,000Source | 3,425,000Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 640,000Source | 39,000Source | -3,000Source | -56,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 600,000Source | — | — | — |
| Gain (Loss) on Sales of Loans, NetUSD | 261,000Source | 214,000Source | 144,000Source | 107,000Source |
| GoodwillUSD | 21,824,000Source | 21,824,000Source | 21,824,000Source | 21,824,000Source |
| Income Tax Expense (Benefit)USD | 4,832,000Source | 6,414,000Source | 6,501,000Source | 8,106,000Source |
| Net Income (Loss) Attributable to ParentUSD | 15,104,000Source | 23,671,000Source | 25,000,000Source | 28,783,000Source |
| Operating Lease, ExpenseUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 274,438,000Source | 54,519,000Source | 60,852,000Source | 86,206,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 4,437,000Source | -46,000Source | 3,262,000Source | -554,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 19,936,000Source | 30,085,000Source | 31,501,000Source | 36,889,000Source |
| Income Tax Expense (Benefit)USD | 4,832,000Source | 6,414,000Source | 6,501,000Source | 8,106,000Source |
| Net Income (Loss) Attributable to ParentUSD | 15,104,000Source | 23,671,000Source | 25,000,000Source | 28,783,000Source |
| Earnings Per Share, BasicUSD per share | 3.14Source | 4.96Source | 5.28Source | 6.13Source |
| Earnings Per Share, DilutedUSD per share | 3.14Source | 4.96Source | 5.28Source | 6.13Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,804,000Source | 4,770,000Source | 4,732,000Source | 4,693,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,804,000Source | 4,770,000Source | 4,732,000Source | 4,693,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 0Source | 0Source | 0Source | 15,000Source |
| Bank Owned Life Insurance IncomeUSD | 32,000Source | 38,000Source | 43,000Source | 46,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.32Source | 1.24Source | 1.24Source | 1.24Source |
| Current Income Tax Expense (Benefit)USD | 7,505,000Source | 5,293,000Source | 8,110,000Source | 6,384,000Source |
| Debt Securities, Realized Gain (Loss)USD | -17,498,000Source | 0Source | -39,000Source | — |
| Equipment ExpenseUSD | 1,702,000Source | 1,659,000Source | 1,728,000Source | 1,906,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 4,693,000Source | 31,000Source | 3,425,000Source | — |
| Interest ExpenseUSD | — | — | 38,617,000Source | 7,296,000Source |
| InterestExpenseOperatingUSD | 45,678,000Source | 53,505,000Source | — | — |
| Interest Income (Expense), NetUSD | 87,157,000Source | 74,059,000Source | 74,457,000Source | 74,179,000Source |
| Labor and Related ExpenseUSD | 39,004,000Source | 35,631,000Source | — | — |
| Marketing and Advertising ExpenseUSD | 1,248,000Source | 1,182,000Source | 923,000Source | 941,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | -452,000Source | -909,000Source | -676,000Source | -1,648,000Source |
| Operating Lease, ExpenseUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Other ExpensesUSD | 14,163,000Source | 14,035,000Source | 64,243,000Source | 59,280,000Source |