Chemung Financia Financials

CHMG

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Chemung Financia (CHMG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 52/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Chemung Financia's revenue grew 12.8% year-over-year to $127.6M, a solid pace of expansion. This earns a growth score of 65/100.

Leverage

Chemung Financia has elevated debt relative to equity (D/E of 11.89), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

Chemung Financia converts 20.5% of revenue into free cash flow ($26.2M). This strong cash generation earns a score of 100/100.

Returns

Chemung Financia's ROE of 11.0% shows moderate profitability relative to equity, earning a score of 44/100. This is down from 12.8% the prior year.

Piotroski F-Score Neutral

4/9

Chemung Financia passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.26x

For every $1 of reported earnings, Chemung Financia generates $1.26 in operating cash flow ($29.8M OCF vs $23.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$127.6M

YoY+12.8%

5Y CAGR+13.8%

10Y CAGR+9.1%

Chemung Financia generated $127.6M in revenue in fiscal year 2024. This represents an increase of 12.8% from the prior year.

EBITDA

N/A

Free Cash Flow

$26.2M

YoY-13.9%

5Y CAGR+0.5%

10Y CAGR+5.1%

Chemung Financia generated $26.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 13.9% from the prior year.

Net Income

$23.7M

YoY-5.3%

5Y CAGR+8.7%

10Y CAGR+11.2%

Chemung Financia reported $23.7M in net income in fiscal year 2024. This represents a decrease of 5.3% from the prior year.

EPS (Diluted)

$4.96

YoY-6.1%

Chemung Financia earned $4.96 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 6.1% from the prior year.

Cash & Debt

$47.0M

YoY+27.6%

5Y CAGR-17.3%

10Y CAGR+4.9%

Chemung Financia held $47.0M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.24

YoY+0.0%

5Y CAGR+3.6%

10Y CAGR+1.8%

Chemung Financia paid $1.24 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

18.6%

YoY-3.6pp

5Y CAGR-4.8pp

10Y CAGR+3.2pp

Chemung Financia's net profit margin was 18.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.6 percentage points from the prior year.

Return on Equity

11.0%

YoY-1.8pp

5Y CAGR+2.4pp

10Y CAGR+4.9pp

Chemung Financia's ROE was 11.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.8 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$344K

YoY+8.9%

Chemung Financia spent $344K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8.9% from the prior year.

Capital Expenditures

$3.6M

YoY+684.8%

5Y CAGR+32.6%

10Y CAGR+3.4%

Chemung Financia invested $3.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 684.8% from the prior year.

CHMG Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$127.6M+12.8%	$113.1M+38.8%	$81.5M+18.1%	$69.0M+3.1%	$66.9M0.0%	$66.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$53.5M+38.6%	$38.6M+429.3%	$7.3M+113.4%	$3.4M-14.3%	$4.0M-36.9%	$6.3M
Income Tax	$6.4M-1.3%	$6.5M-19.8%	$8.1M+10.5%	$7.3M+59.2%	$4.6M+34.2%	$3.4M
Net Income	$23.7M-5.3%	$25.0M-13.1%	$28.8M+8.9%	$26.4M+37.2%	$19.3M+23.4%	$15.6M
EPS (Diluted)	$4.96-6.1%	$5.28-13.9%	$6.13+8.7%	$5.64+40.6%	$4.01	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$33.9M+2.6%	$33.0M+4.2%	$31.7M-2.8%	$32.6M+3.9%	$31.4M+0.5%	$31.2M+3.9%	$30.0M+3.5%	$29.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$11.2M-8.4%	$12.2M+2.9%	$11.9M-7.0%	$12.8M-6.2%	$13.6M+3.8%	$13.1M+8.2%	$12.1M+10.3%	$11.0M
Income Tax	$2.3M+196.4%	-$2.4M-241.8%	$1.7M+4.7%	$1.6M+24.7%	$1.3M-37.5%	$2.0M+142.3%	$841K-59.2%	$2.1M
Net Income	$7.8M+220.8%	-$6.5M-207.1%	$6.0M+1.8%	$5.9M+18.6%	$5.0M-29.3%	$7.0M+85.4%	$3.8M-50.3%	$7.6M
EPS (Diluted)	$1.62+220.0%	$-1.35-207.1%	$1.26+1.6%	$1.24+18.1%	$1.05-29.1%	$1.48+85.0%	$0.80-50.3%	$1.61

CHMG Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.8B+2.4%	$2.7B+2.5%	$2.6B+9.4%	$2.4B+6.1%	$2.3B+27.5%	$1.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$47.0M+27.6%	$36.8M-34.0%	$55.9M+107.1%	$27.0M-75.1%	$108.5M-11.0%	$121.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M
Total Liabilities	$2.6B+1.8%	$2.5B+1.5%	$2.5B+12.3%	$2.2B+6.1%	$2.1B+29.6%	$1.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$215.3M+10.3%	$195.2M+17.3%	$166.4M-21.3%	$211.5M+5.9%	$199.7M+9.3%	$182.6M
Retained Earnings	$247.7M+7.7%	$229.9M+8.5%	$211.9M+12.2%	$188.9M+12.4%	$168.0M+9.3%	$153.7M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$2.7B-5.5%	$2.9B+2.0%	$2.8B+0.7%	$2.8B+0.7%	$2.8B-1.0%	$2.8B+2.7%	$2.7B+0.1%	$2.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$107.6M-66.4%	$320.1M+499.0%	$53.4M+13.6%	$47.0M-33.0%	$70.2M-26.0%	$94.9M+157.4%	$36.8M-51.2%	$75.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M0.0%	$21.8M
Total Liabilities	$2.5B-6.3%	$2.6B+1.9%	$2.6B+0.3%	$2.6B+0.2%	$2.6B-1.3%	$2.6B+2.9%	$2.5B-0.9%	$2.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$99.1M	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$245.3M+4.4%	$235.0M+2.9%	$228.3M+6.0%	$215.3M+7.0%	$201.2M+2.1%	$197.1M+1.0%	$195.2M+14.8%	$170.1M
Retained Earnings	$250.4M+2.5%	$244.2M-3.2%	$252.2M+1.8%	$247.7M+3.6%	$239.0M+1.5%	$235.5M+2.4%	$229.9M+1.0%	$227.6M

CHMG Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$29.8M-3.5%	$30.9M-11.9%	$35.0M-1.2%	$35.5M+23.7%	$28.7M+8.5%	$26.4M
Capital Expenditures	$3.6M+684.8%	$462K+8.5%	$426K+16.1%	$367K-57.7%	$867K-1.8%	$883K
Free Cash Flow	$26.2M-13.9%	$30.4M-12.1%	$34.6M-1.3%	$35.1M+26.3%	$27.8M+8.9%	$25.5M
Investing Cash Flow	-$57.7M+29.9%	-$82.4M+67.4%	-$252.6M-4.2%	-$242.5M+51.1%	-$495.8M-1415.8%	-$32.7M
Financing Cash Flow	$38.1M+17.3%	$32.5M-86.8%	$246.5M+96.4%	$125.5M-72.4%	$453.8M+25856.1%	-$1.8M
Dividends Paid	$7.4M+26.1%	$5.8M+0.7%	$5.8M+9.0%	$5.3M+6.2%	$5.0M-0.5%	$5.0M
Share Buybacks	$344K+8.9%	$316K-66.1%	$933K-42.3%	$1.6M-78.7%	$7.6M	$0

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$12.2M+25.6%	$9.7M+35.7%	$7.2M+15.2%	$6.2M-3.9%	$6.5M-18.2%	$7.9M+119.2%	$3.6M-61.5%	$9.4M
Capital Expenditures	$400K+11.1%	$360K+9.8%	$328K-82.9%	$1.9M+88.3%	$1.0M+1158.0%	$81K+2600.0%	$3K-76.9%	$13K
Free Cash Flow	$11.8M+26.1%	$9.4M+37.0%	$6.9M+58.8%	$4.3M-21.1%	$5.5M-30.4%	$7.9M+117.1%	$3.6M-61.5%	$9.4M
Investing Cash Flow	-$57.5M-127.6%	$208.7M+1894.0%	-$11.6M+72.9%	-$42.9M-1113.3%	$4.2M+123.7%	-$17.9M+37.4%	-$28.5M-49.0%	-$19.1M
Financing Cash Flow	-$167.1M-446.9%	$48.2M+343.8%	$10.9M+234.7%	$3.2M+109.2%	-$35.4M-152.0%	$67.9M+591.9%	-$13.8M-144.4%	$31.1M
Dividends Paid	$1.6M+6.4%	$1.5M-0.1%	$1.5M+3.9%	$1.5M+0.2%	$1.5M+0.1%	$1.5M+0.5%	$1.5M0.0%	$1.5M
Share Buybacks	$11K+120.0%	$5K-94.1%	$85K-66.3%	$252K	$0-100.0%	$82K-62.4%	$218K	$0

CHMG Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	18.6%-3.6pp	22.1%-13.2pp	35.3%-3.0pp	38.3%+9.5pp	28.8%+5.5pp	23.3%
Return on Equity	11.0%-1.8pp	12.8%-4.5pp	17.3%+4.8pp	12.5%+2.8pp	9.7%+1.1pp	8.6%
Return on Assets	0.9%-0.1pp	0.9%-0.2pp	1.1%0.0pp	1.1%+0.2pp	0.9%-0.0pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	11.89-1.0	12.88-2.0	14.90+4.5	10.44+0.0	10.41+1.6	8.79
FCF Margin	20.5%-6.4pp	26.9%-15.6pp	42.5%-8.4pp	50.8%+9.3pp	41.5%+3.4pp	38.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	23.0%+42.5pp	-19.5%-38.5pp	19.0%+0.9pp	18.1%+2.2pp	15.9%-6.7pp	22.6%+9.9pp	12.7%-13.7pp	26.4%
Return on Equity	3.2%	N/A	2.6%-0.1pp	2.8%+0.3pp	2.5%-1.1pp	3.6%+1.6pp	1.9%-2.5pp	4.5%
Return on Assets	0.3%+0.5pp	-0.2%-0.5pp	0.2%+0.0pp	0.2%+0.0pp	0.2%-0.1pp	0.3%+0.1pp	0.1%-0.1pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.99+9.6	0.42-10.8	11.25-0.6	11.89-0.8	12.70-0.4	13.13+0.2	12.88-2.0	14.92
FCF Margin	34.9%+6.5pp	28.4%+6.8pp	21.6%+8.4pp	13.2%-4.2pp	17.4%-7.7pp	25.1%+13.1pp	12.0%-20.3pp	32.3%

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Frequently Asked Questions

What is Chemung Financia's annual revenue?

Chemung Financia (CHMG) reported $127.6M in total revenue for fiscal year 2024. This represents a 12.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Chemung Financia's revenue growing?

Chemung Financia (CHMG) revenue grew by 12.8% year-over-year, from $113.1M to $127.6M in fiscal year 2024.

Is Chemung Financia profitable?

Yes, Chemung Financia (CHMG) reported a net income of $23.7M in fiscal year 2024, with a net profit margin of 18.6%.

What is Chemung Financia's earnings per share (EPS)?

Chemung Financia (CHMG) reported diluted earnings per share of $4.96 for fiscal year 2024. This represents a -6.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Chemung Financia's net profit margin?

Chemung Financia (CHMG) had a net profit margin of 18.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Chemung Financia pay dividends?

Yes, Chemung Financia (CHMG) paid $1.24 per share in dividends during fiscal year 2024.

What is Chemung Financia's return on equity (ROE)?

Chemung Financia (CHMG) has a return on equity of 11.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Chemung Financia's free cash flow?

Chemung Financia (CHMG) generated $26.2M in free cash flow during fiscal year 2024. This represents a -13.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Chemung Financia's operating cash flow?

Chemung Financia (CHMG) generated $29.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Chemung Financia's total assets?

Chemung Financia (CHMG) had $2.8B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Chemung Financia's capital expenditures?

Chemung Financia (CHMG) invested $3.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Chemung Financia buy back shares?

Yes, Chemung Financia (CHMG) spent $344K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Chemung Financia's debt-to-equity ratio?

Chemung Financia (CHMG) had a debt-to-equity ratio of 11.89 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Chemung Financia's return on assets (ROA)?

Chemung Financia (CHMG) had a return on assets of 0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Chemung Financia's Piotroski F-Score?

Chemung Financia (CHMG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Chemung Financia's earnings high quality?

Chemung Financia (CHMG) has an earnings quality ratio of 1.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Chemung Financia?

Chemung Financia (CHMG) scores 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.