CHEMUNG FINANCIAL CORP
Close on Oct 19, 2026
- Market cap
- $385.52M
- P/E (TTM)
- 11.4
- Dividend yield
- 1.66%
About Chemung Financial
State Commercial Banks, SIC 6022
Chemung Financial Corporation operates as a financial holding company providing comprehensive community banking, wealth management, and non-banking financial solutions. Through Chemung Canal Trust Company and its financial services subsidiary, CFS, the organization delivers deposit accounts, commercial and industrial financing, commercial real estate loans, residential mortgages, and consumer credit. Its offerings also encompass trust administration, estate planning, employee benefit plans, insurance, mutual funds, annuities, brokerage, and tax preparation services. These solutions serve individuals, small and mid-sized businesses, and municipal clients across diverse regional industries.
Headquartered in Elmira, New York, the institution conducts its primary operations through thirty branch offices situated across thirteen New York counties and Bradford County in Pennsylvania. Banking facilities operate under the Chemung Canal Trust Company, Capital Bank, and Canal Bank brand divisions, with specialized wealth management centers in Chemung, Broome, and Albany counties.
Summary of the business section of Chemung Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CHEMUNG FINANCIAL CORP
- Founded
- 1833
- Headquarters
- Elmira, NY
- Address
- One Chemung Canal Plz, P O Box 1522 14902
- Phone
- (607) 737-3711
- Website
- chemungcanal.com
- Employees
- 348, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- New York
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Livingston, New Jersey
Stock & identifiers
- Ticker
- CHMG
- Exchange
- Nasdaq
- Shares outstanding
- 5M, Aug 1, 2026
- Public float
- $200.62M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- SEC CIK
- 763563
- CUSIP
- 164024101
- ISIN
- US1640241014
- LEI
- 549300WU17K1CLH8VI32
- EIN
- 16-1237038
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Anders Tomson | President & CEO, Director | 63,923 |
| Loren D. Cole | EVP & CIO | 11,667 |
| Dale M. McKim III | EVP, CFO & Treasurer | 6,746 |
| Vincent M. Cutrona | EVP & President-Canal Bank Div | 3,509 |
| Mary E. Meisner | EVP & Chief Risk Ofcr. | 4,449 |
| Kimberly A. Hazelton | Executive Vice President | 8,162 |
| Daniel D. Fariello | President, Capital Bank Div. | 10,104 |
| Peter K. Cosgrove | Executive Vice President & CCO | 7,200 |
| Jeffrey P. Kenefick | Regional President | 14,493 |
| John J. Stempin | Controller | 475 |
| Thomas W. Wirth | Executive Vice President | 22,647 |
| Thomas R. Tyrrell | Director | 8,050 |
| Robert H. Dalrymple | Director | 246,814 |
| Denise V. Gonick | Director | 6,804 |
| Jeffrey B. Streeter | Director | 43,322 |
| Joseph F. Meade IV | Director | 4,392 |
| Richard E. Forrestel Jr | Director | 27,269 |
| David J. Dalrymple | Director | 47,857 |
| Stephen M. Lounsberry III | Director | 23,433 |
| Ronald M. Bentley | Director | 47,245 |
| G. Thomas Tranter Jr. | Director | 28,368 |
| Raimundo C. Archibold Jr | Director | 2,549 |
| David M. Buicko | Director | 8,986 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 (1)Mr. Tomson | $1.42M | $1.43M | $563.87K | $132 | – |
| FY2024 (1)Mr. Tomson | $1.36M | $1.36M | $471.46K | $113 | – |
| FY2023 (1)Mr. Tomson | $1.28M | $1.31M | $449.63K | $112 | – |
| FY2022 (1)Mr. Tomson | $1.18M | $1.18M | $481.14K | $103 | – |
| FY2021 (1)Mr. Tomson | $1.02M | $1.02M | $478.79K | $141 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025 we employed 348 full-time equivalent employees in 30 locations in New York and Pennsylvania.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 12, 2014 | Late filing | Notification of late filing |
| Nov 15, 2012 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 16, 2011 | Late filing | Notification of late filing |
| Jan 3, 2011 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jun 2, 2009 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 17, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 3, 2007 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 27, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 25, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |