Chemung Financial Corp (CHMG) - Net Assets
Based on the latest financial reports, Chemung Financial Corp (CHMG) has net assets worth $262.93 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.75 Billion) and total liabilities ($2.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CHMG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $262.93 Million |
| % of Total Assets | 9.57% |
| Annual Growth Rate | 6.1% |
| 5-Year Change | 20.46% |
| 10-Year Change | 77.19% |
| Growth Volatility | 8.81 |
Chemung Financial Corp - Net Assets Trend (1993–2025)
This chart illustrates how Chemung Financial Corp's net assets have evolved over time, based on quarterly financial data. See Chemung Financial Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chemung Financial Corp (1993–2025)
The table below shows the annual net assets of Chemung Financial Corp from 1993 to 2025. For live valuation and market cap data, see Chemung Financial Corp (CHMG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $254.71 Million | +18.30% |
| 2024-12-31 | $215.31 Million | +10.28% |
| 2023-12-31 | $195.24 Million | +17.34% |
| 2022-12-31 | $166.39 Million | -21.31% |
| 2021-12-31 | $211.46 Million | +5.89% |
| 2020-12-31 | $199.70 Million | +9.35% |
| 2019-12-31 | $182.63 Million | +10.66% |
| 2018-12-31 | $165.03 Million | +8.04% |
| 2017-12-31 | $152.75 Million | +6.26% |
| 2016-12-31 | $143.75 Million | +4.74% |
| 2015-12-31 | $137.24 Million | +2.40% |
| 2014-12-31 | $134.03 Million | -3.28% |
| 2013-12-31 | $138.58 Million | +5.69% |
| 2012-12-31 | $131.12 Million | +4.12% |
| 2011-12-31 | $125.93 Million | +29.28% |
| 2010-12-31 | $97.41 Million | +8.13% |
| 2009-12-31 | $90.09 Million | +8.53% |
| 2008-12-31 | $83.01 Million | -5.80% |
| 2007-12-31 | $88.11 Million | +7.77% |
| 2006-12-31 | $81.76 Million | +0.72% |
| 2005-12-31 | $81.18 Million | -1.24% |
| 2004-12-31 | $82.20 Million | +2.76% |
| 2003-12-31 | $79.99 Million | +0.71% |
| 2002-12-31 | $79.43 Million | +0.33% |
| 2001-12-31 | $79.16 Million | +6.53% |
| 2000-12-31 | $74.31 Million | +13.78% |
| 1999-12-31 | $65.31 Million | -1.18% |
| 1998-12-31 | $66.09 Million | +7.22% |
| 1997-12-31 | $61.64 Million | +13.73% |
| 1996-12-31 | $54.20 Million | +2.45% |
| 1995-12-31 | $52.90 Million | +15.65% |
| 1994-12-31 | $45.74 Million | +19.34% |
| 1993-12-31 | $38.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chemung Financial Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 991.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $256.48 Million | 100.70% |
| Common Stock | $53.00K | 0.02% |
| Other Comprehensive Income | $-36.05 Million | -14.15% |
| Other Components | $34.23 Million | 13.44% |
| Total Equity | $254.71 Million | 100.00% |
Chemung Financial Corp Competitors by Market Cap
The table below lists competitors of Chemung Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S.P.I Landscape Design Co. Ltd.
SHE:300844
|
$338.67 Million |
|
Bpost NV
BR:BPOST
|
$338.80 Million |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
$338.84 Million |
|
Sunlour Pigment CO.LTD.
SHE:301036
|
$338.90 Million |
|
Maha Energy AB (publ)
ST:MAHA-A
|
$338.57 Million |
|
Chinese Maritime Transport Ltd
TW:2612
|
$338.47 Million |
|
Jiangsu Junxia Gym Equipment Co. Ltd. A
SHE:301287
|
$338.14 Million |
|
Cuckoo Homesys Co Ltd
KO:284740
|
$338.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chemung Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 215,309,000 to 254,709,000, a change of 39,400,000 (18.3%).
- Net income of 15,104,000 contributed positively to equity growth.
- Dividend payments of 6,325,000 reduced retained earnings.
- Share repurchases of 396,000 reduced equity.
- New share issuances of 536,000 increased equity.
- Other comprehensive income increased equity by 29,012,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.10 Million | +5.93% |
| Dividends Paid | $6.33 Million | -2.48% |
| Share Repurchases | $396.00K | -0.16% |
| Share Issuances | $536.00K | +0.21% |
| Other Comprehensive Income | $29.01 Million | +11.39% |
| Other Changes | $1.47 Million | +0.58% |
| Total Change | $- | 18.30% |
Book Value vs Market Value Analysis
This analysis compares Chemung Financial Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.94x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $10.12 | $70.25 | x |
| 1994-12-31 | $12.04 | $70.25 | x |
| 1995-12-31 | $12.29 | $70.25 | x |
| 1996-12-31 | $13.49 | $70.25 | x |
| 1997-12-31 | $14.88 | $70.25 | x |
| 1998-12-31 | $16.06 | $70.25 | x |
| 1999-12-31 | $15.81 | $70.25 | x |
| 2000-12-31 | $18.15 | $70.25 | x |
| 2001-12-31 | $19.54 | $70.25 | x |
| 2002-12-31 | $20.16 | $70.25 | x |
| 2003-12-31 | $20.94 | $70.25 | x |
| 2004-12-31 | $21.84 | $70.25 | x |
| 2005-12-31 | $22.01 | $70.25 | x |
| 2006-12-31 | $22.45 | $70.25 | x |
| 2007-12-31 | $24.51 | $70.25 | x |
| 2008-12-31 | $23.10 | $70.25 | x |
| 2009-12-31 | $25.00 | $70.25 | x |
| 2010-12-31 | $27.01 | $70.25 | x |
| 2011-12-31 | $28.73 | $70.25 | x |
| 2012-12-31 | $28.25 | $70.25 | x |
| 2013-12-31 | $29.74 | $70.25 | x |
| 2014-12-31 | $28.62 | $70.25 | x |
| 2015-12-31 | $29.08 | $70.25 | x |
| 2016-12-31 | $30.19 | $70.25 | x |
| 2017-12-31 | $31.21 | $70.25 | x |
| 2018-12-31 | $34.15 | $70.25 | x |
| 2019-12-31 | $37.51 | $70.25 | x |
| 2020-12-31 | $41.59 | $70.25 | x |
| 2021-12-31 | $45.15 | $70.25 | x |
| 2022-12-31 | $35.45 | $70.25 | x |
| 2023-12-31 | $41.26 | $70.25 | x |
| 2024-12-31 | $45.14 | $70.25 | x |
| 2025-12-31 | $52.94 | $70.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chemung Financial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.79%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.64x
- Recent ROE (5.93%) is below the historical average (9.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.73% | 26.73% | 0.04x | 10.39x | $661.43K |
| 1994 | 10.16% | 28.02% | 0.03x | 10.81x | $73.65K |
| 1995 | 10.92% | 26.02% | 0.04x | 9.78x | $469.89K |
| 1996 | 10.97% | 26.90% | 0.04x | 9.48x | $545.52K |
| 1997 | 11.13% | 28.09% | 0.04x | 8.91x | $693.52K |
| 1998 | 11.04% | 27.35% | 0.04x | 9.44x | $688.14K |
| 1999 | 12.85% | 15.66% | 0.08x | 10.00x | $1.86 Million |
| 2000 | 11.78% | 15.09% | 0.09x | 9.10x | $1.32 Million |
| 2001 | 10.73% | 14.32% | 0.08x | 9.16x | $577.05K |
| 2002 | 8.23% | 11.99% | 0.07x | 9.46x | $-1.40 Million |
| 2003 | 8.69% | 13.36% | 0.07x | 9.34x | $-1.05 Million |
| 2004 | 10.62% | 17.30% | 0.07x | 8.79x | $513.05K |
| 2005 | 8.12% | 13.46% | 0.07x | 8.85x | $-1.53 Million |
| 2006 | 8.06% | 12.22% | 0.07x | 9.03x | $-1.59 Million |
| 2007 | 8.24% | 12.00% | 0.08x | 8.95x | $-1.55 Million |
| 2008 | 10.06% | 13.18% | 0.08x | 10.10x | $53.14K |
| 2009 | 5.81% | 8.38% | 0.06x | 10.83x | $-3.78 Million |
| 2010 | 10.37% | 16.23% | 0.06x | 9.84x | $360.97K |
| 2011 | 8.37% | 15.60% | 0.06x | 9.66x | $-2.06 Million |
| 2012 | 8.41% | 16.10% | 0.05x | 9.52x | $-2.09 Million |
| 2013 | 6.30% | 12.94% | 0.05x | 10.65x | $-5.13 Million |
| 2014 | 6.09% | 10.30% | 0.05x | 11.32x | $-5.25 Million |
| 2015 | 6.87% | 12.75% | 0.05x | 11.80x | $-4.29 Million |
| 2016 | 6.98% | 13.08% | 0.05x | 11.53x | $-4.35 Million |
| 2017 | 4.96% | 9.30% | 0.05x | 11.42x | $-7.55 Million |
| 2018 | 11.89% | 22.62% | 0.05x | 10.64x | $3.12 Million |
| 2019 | 8.55% | 18.10% | 0.05x | 9.79x | $-2.65 Million |
| 2020 | 9.65% | 22.18% | 0.04x | 11.41x | $-707.90K |
| 2021 | 12.50% | 28.77% | 0.04x | 11.44x | $5.28 Million |
| 2022 | 17.30% | 28.24% | 0.04x | 15.90x | $12.14 Million |
| 2023 | 12.80% | 22.11% | 0.04x | 13.88x | $5.48 Million |
| 2024 | 10.99% | 15.82% | 0.05x | 12.89x | $2.14 Million |
| 2025 | 5.93% | 10.79% | 0.05x | 10.64x | $-10.37 Million |
Industry Comparison
This section compares Chemung Financial Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $389,399,400
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chemung Financial Corp (CHMG) | $262.93 Million | 11.73% | 9.45x | $338.59 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.79 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $137.13 Million |
| Alerus Financial Corp (ALRS) | $127.25 Million | 8.42% | 8.09x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $1.00 Billion | 3.23% | 8.67x | $974.56 Million |
| Arrow Financial Corporation (AROW) | $431.85 Million | 10.18% | 9.29x | $622.98 Million |
| Associated Banc-Corp (ASB) | $968.70 Million | 17.34% | 12.55x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $141.70 Million | 14.89% | 15.78x | $62.43 Million |
About Chemung Financial Corp
Chemung Financial Corporation operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market deposits. It also offers commercial and agricultural loans comprising loans to sm… Read more