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Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company and CFS Group, Inc., which provides various banking, financing, fiduciary, and other financial services primarily in New York. It operates in two segments, Core Banking and Wealth Management Services.View CHMG key stats
Chemung Financial Corporation - CHMG - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Chemung Financial Corporation as a
Hold with a ratings score of C+.
Report Snippet: We rate CHEMUNG FINANCIAL CORP (CHMG) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.