The institution maintains a robust capital position with an equity-to-assets ratio of 0.10 as of 2026Q1, providing a stable buffer against regional credit volatility.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 1.58B | 303.37M | 468.77M | 620.84M | 688.46M | 819.01M | 663.15M | 405.99M | 372.23M | 324.36M | 377.56M | 371M | 309.67M | 397.63M | 279.93M | 333.77M | 60.62M | 79.74M | 23.65M | 29.38M | 26.59M | 25.56M | 22.8M | 25.67M | 29.06M | 30.38M | 28.16M | 32.07M | 28.82M | 34.42M | 31.75M |
| Cash & Due from Banks | 27.68M | 22.77M | 47.03M | 36.85M | 55.87M | 26.98M | 108.54M | 121.9M | 129.97M | 30.73M | 74.16M | 26.18M | 29.16M | 51.61M | 40.24M | 52.9M | 60.62M | 79.74M | 23.65M | 29.38M | 26.59M | 25.56M | 22.8M | 25.67M | 29.06M | 30.38M | 28.16M | 32.07M | 28.82M | 34.42M | 31.75M |
| Short Term Investments | 275.32M | 280.6M | 421.74M | 583.99M | 632.59M | 792.03M | 554.61M | 284.09M | 242.26M | 293.63M | 303.4M | 344.82M | 280.51M | 346.02M | 239.69M | 280.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 2.88B | 2.53B | 2.61B | 2.56B | 2.47B | 2.31B | 2.08B | 1.58B | 1.54B | 1.59B | 1.49B | 1.5B | 1.39B | 1.34B | 1.13B | 1.08B | 835.93M | 829.23M | 755.85M | 700.91M | 661.38M | 655.83M | 636.16M | 676.51M | 689.61M | 664.93M | 619.14M | 591.29M | 566.7M | 487.36M | 475.46M |
| Investments Growth % | -3.35% | -3.2% | 1.85% | 3.54% | 7.32% | 11.1% | 31.66% | 2.19% | -2.95% | 6.35% | -0.68% | 7.88% | 4.38% | 18.3% | 4.9% | 28.82% | 0.81% | 9.71% | 7.84% | 5.98% | 0.85% | 3.09% | -5.96% | -1.9% | 3.71% | 7.4% | 4.71% | 4.34% | 16.28% | 2.5% | 8.41% |
| Long-Term Investments | 9.21B | 2.25B | 2.19B | 1.98B | 1.84B | 1.51B | 1.52B | 1.29B | 1.3B | 1.3B | 1.19B | 1.16B | 1.11B | 990.28M | 889.89M | 795.96M | 835.93M | 829.23M | 755.85M | 700.91M | 661.38M | 655.83M | 636.16M | 676.51M | 689.61M | 664.93M | 619.14M | 591.29M | 566.7M | 487.36M | 475.46M |
| Accounts Receivables | 0 | 0 | 0 | 0 | 59.46M | 31.74M | 40.03M | 30.42M | 28.52M | 27.14M | 27.04M | 25.45M | 32.46M | 22.35M | 18.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.84M | 22.08M | 22.57M | 23.18M | 23.91M | 24.77M | 25.75M | 26.89M | 28.2M | 26.97M | 28.18M | 14.53M | 15.26M | 15.01M | 0 | 0 | 0 | 0 | 0 | 0 | 13.66M | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.98M | 9.87M | 9.87M | 8.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 15K | 258K | 742K | 1.35M | 2.08M | 2.94M | 3.93M | 5.07M | 6.38M | 5.14M | 6.19M | 4.66M | 5.39M | 6.2M | 0 | 0 | 0 | 0 | 0 | 0 | 13.66M | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 26.21M | 25.09M | 21.82M | 20.22M | 22.56M | 25.2M | 27.26M | 30.42M | 24.98M | 26.66M | 28.92M | 29.4M | 32.29M | 30.04M | 25.48M | 24.76M | 24.19M | 24.89M | 24.94M | 23.22M | 21.72M | 18.71M | 17.21M | 17.47M | 17.5M | 14.75M | 13.6M | 12.12M | 10.09M | 10.22M | 9.71M |
| Other Assets | -2.6B | 114.6M | 76.12M | 69.73M | 11.5M | 7.04M | 6.21M | 6.21M | 6.19M | 9.75M | 7.73M | 8.34M | 8.85M | 7.64M | 7.77M | 33.59M | 23.05M | 26.44M | 18.86M | 28.22M | 26.88M | 15.07M | 43.09M | 23.89M | 10.93M | 10.54M | 10.29M | 12.12M | 8.23M | 10.12M | 7.88M |
| Total Current Assets | 303M | 303.37M | 468.77M | 620.84M | 747.91M | 850.75M | 706.24M | 436.42M | 403.8M | 350.96M | 404.61M | 396.46M | 342.13M | 419.98M | 298.05M | 333.77M | 60.62M | 79.74M | 23.65M | 29.38M | 26.59M | 25.56M | 22.8M | 25.67M | 29.06M | 30.38M | 28.16M | 32.07M | 28.82M | 34.42M | 31.75M |
| Total Non-Current Assets | 48.04M | 2.41B | 2.31B | 2.09B | 1.9B | 1.57B | 1.58B | 1.35B | 1.35B | 1.36B | 1.25B | 1.22B | 1.18B | 1.06B | 950.11M | 882.49M | 897.71M | 895.81M | 814.67M | 759.5M | 712.46M | 692.48M | 699.74M | 721.54M | 722.11M | 694.69M | 648.07M | 621.17M | 591.25M | 514.52M | 500.46M |
| Total Assets | 2.75B | 2.71B | 2.78B | 2.71B | 2.65B | 2.42B | 2.28B | 1.79B | 1.76B | 1.71B | 1.66B | 1.62B | 1.52B | 1.48B | 1.25B | 1.22B | 958.33M | 975.92M | 838.32M | 788.87M | 738.17M | 718.04M | 722.54M | 747.21M | 751.17M | 725.07M | 676.24M | 653.24M | 623.66M | 548.93M | 532.21M |
| Asset Growth % | -3.38% | -2.37% | 2.42% | 2.46% | 9.39% | 6.1% | 27.5% | 1.85% | 2.62% | 3.22% | 2.3% | 6.78% | 2.77% | 18.27% | 2.62% | 26.91% | -1.8% | 16.41% | 6.27% | 6.87% | 2.8% | -0.62% | -3.3% | -0.53% | 3.6% | 7.22% | 3.52% | 4.74% | 13.61% | 3.14% | 6.04% |
| Return on Assets (ROA) | 0.66% | 0.55% | 0.86% | 0.93% | 1.14% | 1.13% | 0.95% | 0.88% | 1.13% | 0.44% | 0.61% | 0.6% | 0.55% | 0.64% | 0.89% | 0.97% | 1.04% | 0.58% | 1.03% | 0.95% | 0.9% | 0.91% | 1.19% | 0.93% | 0.89% | 1.21% | 1.32% | 1.31% | 1.24% | 1.27% | 1.19% |
| Accounts Payable | 0 | 0 | 0 | 19.61M | 17.96M | 15.1M | 29.65M | 19.63M | 15.52M | 14.91M | 14.44M | 16.78M | 26.93M | 12.17M | 12.38M | 800.15K | 784.35K | 1.13M | 1.27M | 1.29M | 1.32M | 1.06M | 1.09M | 1.12M | 1.48M | 2.11M | 2.13M | 1.61M | 0 | 0 | 0 |
| Total Debt | 128.8M | 4.94M | 118.52M | 40.8M | 105.76M | 25.54M | 11.11M | 12.17M | 4.3M | 74.22M | 41.42M | 64.43M | 82.77M | 57.94M | 59.94M | 80.45M | 64.78M | 74.26M | 83.41M | 113.61M | 62.92M | 101.66M | 113.5M | 104.03M | 119.41M | 117.06M | 82.81M | 99.65M | 26.9M | 16.3M | 10M |
| Net Debt | 101.12M | -17.84M | 71.48M | 3.95M | 49.89M | -1.44M | -97.42M | -109.73M | -125.67M | 43.49M | -32.74M | 38.24M | 53.6M | 6.33M | 19.7M | 27.55M | 4.16M | -5.47M | 59.76M | 84.23M | 36.33M | 76.1M | 90.7M | 78.36M | 90.35M | 86.68M | 54.64M | 67.57M | -1.92M | -18.12M | -21.75M |
| Long-Term Debt | 123.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 9.09M | 19.2M | 19.31M | 25.24M | 27.23M | 43.34M | 20M | 20M | 20M | 20M | 20M | 20M | 20M | 25M | 0 | 0 | 25M | 0 | 26.9M | 16.3M | 10M |
| Short-Term Debt | 0 | 0 | 109.11M | 31.92M | 95.81M | 14.57M | 0 | 0 | 0 | 67.7M | 27.61M | 42.35M | 60.48M | 32.7M | 32.71M | 37.11M | 44.77M | 54.26M | 63.41M | 93.61M | 42.92M | 81.66M | 93.5M | 79.03M | 119.41M | 117.06M | 57.81M | 99.65M | 0 | 0 | 0 |
| Other Liabilities | 2.36B | 179.91M | 45.44M | 43.59M | 44.73M | 10.95M | 29.65M | 19.63M | 15.52M | 14.91M | 14.44M | 16.78M | 26.93M | 12.17M | 12.38M | 9.45M | 8.12M | 8.13M | 12.85M | 12.37M | 6.56M | 8.35M | 5.31M | 10.15M | 8.22M | 5.15M | 4.72M | 4.05M | 58.81M | 19.31M | 25.86M |
| Total Current Liabilities | 0 | 2.27B | 2.51B | 2.46B | 2.42B | 2.19B | 2.04B | 1.57B | 1.57B | 1.54B | 1.49B | 1.44B | 1.34B | 1.3B | 1.08B | 1.04B | 832.8M | 857.34M | 722.46M | 668.38M | 630.19M | 608.52M | 615.04M | 632.07M | 663.53M | 640.76M | 572.21M | 583.88M | 468.26M | 451.69M | 440.23M |
| Total Non-Current Liabilities | 2.49B | 184.85M | 54.84M | 52.47M | 54.67M | 21.92M | 40.76M | 31.8M | 19.82M | 21.43M | 28.26M | 38.86M | 49.21M | 37.41M | 39.6M | 52.79M | 28.12M | 28.13M | 32.85M | 32.37M | 26.56M | 28.34M | 25.31M | 35.15M | 8.22M | 5.15M | 29.72M | 4.05M | 85.71M | 35.61M | 35.86M |
| Total Liabilities | 2.49B | 2.46B | 2.56B | 2.52B | 2.48B | 2.21B | 2.08B | 1.61B | 1.59B | 1.56B | 1.51B | 1.48B | 1.38B | 1.34B | 1.12B | 1.09B | 860.92M | 885.83M | 755.31M | 700.76M | 656.41M | 636.86M | 640.35M | 667.22M | 671.74M | 645.91M | 601.92M | 587.93M | 557.57M | 487.3M | 478.02M |
| Total Equity | 262.93M | 254.71M | 215.31M | 195.24M | 166.39M | 211.46M | 199.7M | 182.63M | 165.03M | 149.81M | 143.75M | 137.24M | 134.03M | 138.58M | 131.12M | 125.93M | 97.41M | 90.09M | 83.01M | 88.11M | 81.76M | 81.18M | 82.2M | 79.99M | 79.43M | 79.16M | 74.31M | 65.31M | 66.09M | 61.64M | 56.12M |
| Equity Growth % | 61.41% | 18.3% | 10.28% | 17.34% | -21.31% | 5.89% | 9.35% | 10.66% | 10.16% | 4.22% | 4.74% | 2.4% | -3.28% | 5.69% | 4.12% | 29.28% | 8.13% | 8.53% | -5.8% | 7.77% | 0.72% | -1.24% | 2.75% | 0.71% | 0.33% | 6.53% | 13.78% | -1.18% | 7.22% | 9.83% | 9.35% |
| Equity / Assets (Capital Ratio) | 9.57% | 9.4% | 7.76% | 7.2% | 6.29% | 8.74% | 8.76% | 10.22% | 9.4% | 8.76% | 8.67% | 8.47% | 8.84% | 9.39% | 10.5% | 10.35% | 10.16% | 9.23% | 9.9% | 11.17% | 11.08% | 11.31% | 11.38% | 10.71% | 10.57% | 10.92% | 10.99% | 10% | 10.6% | 11.23% | 10.54% |
| Return on Equity (ROE) | 7.33% | 6.43% | 11.53% | 13.83% | 15.24% | 12.85% | 10.08% | 8.98% | 12.47% | 5.06% | 7.14% | 6.95% | 5.98% | 6.47% | 8.58% | 9.44% | 10.78% | 6.05% | 9.76% | 8.55% | 8.09% | 8.07% | 10.77% | 8.72% | 8.25% | 11.07% | 12.54% | 12.77% | 11.43% | 11.65% | 11.46% |
| Book Value per Share | 54.49 | 52.94 | 45.14 | 41.26 | 35.45 | 45.15 | 41.59 | 37.51 | 34.15 | 31.21 | 30.19 | 29.08 | 28.62 | 29.74 | 28.25 | 28.73 | 27.01 | 25.00 | 23.10 | 24.51 | 22.45 | 22.01 | 21.84 | 20.94 | 20.16 | 19.54 | 18.15 | 15.81 | 16.06 | 14.88 | 13.49 |
| Tangible BV per Share | 49.97 | 48.41 | 40.56 | 36.65 | 30.80 | 40.49 | 36.99 | 32.87 | 29.36 | 26.23 | 24.99 | 23.62 | 22.88 | 23.69 | 22.44 | 22.30 | 22.98 | 20.77 | 18.92 | 24.51 | 22.45 | 22.01 | 21.84 | 20.94 | 20.16 | 16.17 | 18.15 | 15.81 | 16.06 | 14.88 | 13.49 |
| Common Stock | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53K | 53.1K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 43K | 10.75M | 10.75M |
| Additional Paid-in Capital | 49.19M | 49.55M | 48.78M | 47.77M | 47.33M | 46.9M | 46.76M | 46.38M | 45.82M | 45.97M | 45.6M | 45.54M | 45.35M | 45.4M | 45.36M | 45.58M | 22.02M | 22.81M | 22.88M | 22.8M | 22.65M | 22.79M | 22.66M | 22.51M | 22.36M | 22.21M | 22.01M | 21.94M | 20.85M | 10.1M | 10.1M |
| Retained Earnings | 264.04M | 256.48M | 247.71M | 229.93M | 211.86M | 188.88M | 168.01M | 153.7M | 143.13M | 128.45M | 124.11M | 118.97M | 114.78M | 111.03M | 107.08M | 100.63M | 94.41M | 87.83M | 85.87M | 81.03M | 76.65M | 73.17M | 70.05M | 64.75M | 61.25M | 58.26M | 53.35M | 48.07M | 42.77M | 38.24M | 33.88M |
| Accumulated OCI | -35.72M | -36.05M | -65.06M | -66.01M | -75.26M | -6.53M | 2.4M | -5.8M | -11.41M | -10.34M | -10.75M | -10.94M | -8.79M | 155K | -2.81M | -1.44M | 102.47K | -566K | -5.24M | 4.38M | 1.92M | 2.66M | 4.97M | 5.76M | 7.61M | 5.16M | 3.65M | -303K | 5.39M | 4.58M | 3.31M |
| Treasury Stock | -14.64M | -15.32M | -16.17M | -16.5M | -17.6M | -17.85M | -17.52M | -11.71M | -12.56M | -14.32M | -15.27M | -16.38M | -17.38M | -18.06M | -18.57M | -18.89M | -19.17M | -20.02M | -20.55M | -20.14M | -19.5M | -17.48M | -15.52M | -13.07M | -11.83M | -6.52M | -4.74M | -4.44M | -2.97M | -2.03M | -1.93M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net interest margin compression
As reported in recent financial filings, Chemung Financial Corporation has maintained a stable asset base of approximately $2.7 billion throughout early 2026, suggesting a conservative growth strategy that prioritizes balance sheet preservation over aggressive expansion in the competitive Southern Tier of New York banking markets.
The consistency in total assets indicates that management is currently focused on optimizing the existing portfolio rather than pursuing rapid loan growth. This approach appears to be a defensive response to the current interest rate environment, where the bank is prioritizing the quality of its earning assets over volume-driven expansion.
Based on the bank's reported figures, the equity-to-assets ratio reached 0.10 in 2026Q1, reflecting a strengthening capital position that provides a robust buffer against potential credit volatility and supports the bank's long-standing commitment to consistent dividend distributions for its shareholders.
The gradual improvement in the equity-to-assets ratio from 0.07 in 2024 suggests that the bank is successfully retaining earnings to bolster its capital base. This trend warrants monitoring, as it indicates a disciplined approach to capital management that may limit near-term share repurchases but enhances the bank's overall resilience.
According to quarterly balance sheet data, Chemung Financial Corporation holds a significant investment securities portfolio of $2.9 billion as of 2026Q1, which represents the primary liquidity engine for the institution and underscores its reliance on fixed-income assets to manage interest rate sensitivity.
The heavy concentration in investment securities relative to cash suggests that the bank is utilizing its securities portfolio as a primary tool for liquidity management. Investors should monitor the duration of this portfolio, as any significant shift in interest rates could impact the valuation of these assets and, by extension, the bank's tangible common equity.
As indicated by the bank's reported financial statements, the substantial size of the investment securities portfolio relative to total assets may expose the institution to unrealized losses, which warrants further investigation into the duration and classification of these holdings within the current interest rate cycle.
While the bank's capital ratios appear healthy, the reliance on a large securities portfolio introduces a non-obvious risk related to interest rate volatility. If these securities are classified as available-for-sale, the potential for unrealized losses could create pressure on the bank's book value, even if the underlying credit quality remains sound.
Quick answers to the most common questions about buying CHMG stock.
As of 2025, Chemung Financial Corporation (CHMG) had total assets of $2.71B including $303.4M in current assets.
Chemung Financial Corporation (CHMG) carries total debt of $4.9M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Chemung Financial Corporation (CHMG) has total shareholders' equity (book value) of $254.7M ($52.94 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Chemung Financial Corporation (CHMG) reported a current ratio of 0.13x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.