Chemung Financial Corporation: Business Overview, Financials & Competitive Analysis
Chemung Financial Corporation scores 7/10 on the AskCyborg Cyborg Score (Strong). Strong regional community bank with record profitability momentum, geographic expansion, and consistent dividend returns in a competitive Northeast market. The company reported record Q1 2026 earnings with non-GAAP EPS of $1.91, beating analyst consensus estimates of $1.66 by 17.2%. Non-GAAP net income for 2025 was $27.9 million, up 17.8%.
What is Chemung Financial Corporation's industry? Chemung Financial Corporation (chemungcanal.com) operates in Commercial Banking. AskCyborg classifies Chemung Financial Corporation under Commercial Banking in its company registry.
Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York, operating through its principal subsidiary Chemung Canal Trust Company, the oldest locally-owned an...
Cyborg Score thesis
Strong regional community bank with record profitability momentum, geographic expansion, and consistent dividend returns in a...
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Get Current Report FreeChemung Financial Corporation Overview
Pro stress-test →Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York, operating through its principal subsidiary Chemung Canal Trust Company, the oldest locally-owned and managed community bank in New York State, established in 1833. The subsidiary bank operates 30 branches across 14 counties in New York and Pennsylvania.
Strategic Profile
Pro stress-test →The company is pursuing geographic expansion into higher-growth markets of Albany and Buffalo, operating as Capital Bank in Albany and Canal Bank in Buffalo. The trust and wealth management division manages $2.3 billion in assets under management or administration. Chemung Financial is also parent to CFS Group, Inc., offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services, and insurance.
Competitive Landscape
Pro stress-test →Chemung Financial operates in the regional community banking sector across the Northeast, competing with larger regional institutions and community banks in New York and Pennsylvania. The company differentiates through its 190+ year operating history, localized management, and integrated trust and wealth management services. Key competitive advantages include established branch networks in strategic markets and diversified financial services through subsidiary CFS Group.
Industry Context
Chemung Financial Corporation operates in Commercial Banking.
Key facts
Founded: 1833 · Headquarters: Elmira, US · Revenue: $29.9M (Q1 2026) · Market cap: $260.3M