Headquartered in Elmira, NY Fiscal year ends December NASDAQ: CHMG chemungcanal.com
Chemung Financial Corporation is a $2.8 billion financial services holding company and parent of Chemung Canal Trust Company, a full-service community bank with trust powers established in 1833. The bank operates 30 retail offices across New York State through three divisions: the legacy Chemung Canal division, the Capital Bank division serving the Albany area market, and the Canal Bank division in Western New York. The Corporation offers commercial and consumer banking services, including commercial real estate lending, commercial and industrial loans, residential mortgages, home equity products, and indirect auto lending. Through its Wealth Management Group, it provides trust and investment management services with approximately $2.5 billion in assets under management or administration. The Corporation also owns CFS Group, Inc., a financial services subsidiary offering mutual funds, annuities, brokerage services, tax preparation, and insurance products. The company trades on Nasdaq under the ticker CHMG. Updated
Huntington Bancshares leads today's dividend payments with $313.2 million heading to shareholders, or 15.5 cents a share, landing October 1. Kulicke & Soffa, Smith & Wesson, Chemung Financial and Utah Medical are also paying out.
Chemung Financial Corporation is a $2.8 billion financial services holding company and parent of Chemung Canal Trust Company, a full-service community bank with trust powers established in 1833.
The Wall Street consensus 12-month price target for CHMG is $87.25.
