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Chemung Financial (CHMG) Competitors

$43.40
+0.20 (+0.46%)
(As of 05/31/2024 ET)

CHMG vs. OVLY, PKBK, BOCH, ISTR, TCFC, SBSI, AMAL, FMBH, CTBI, and CNOB

Should you be buying Chemung Financial stock or one of its competitors? The main competitors of Chemung Financial include Oak Valley Bancorp (OVLY), Parke Bancorp (PKBK), Bank of Commerce (BOCH), Investar (ISTR), Community Financial (TCFC), Southside Bancshares (SBSI), Amalgamated Financial (AMAL), First Mid Bancshares (FMBH), Community Trust Bancorp (CTBI), and ConnectOne Bancorp (CNOB).

Chemung Financial vs.

Oak Valley Bancorp (NASDAQ:OVLY) and Chemung Financial (NASDAQ:CHMG) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, media sentiment, dividends, valuation, earnings, profitability, community ranking and analyst recommendations.

Oak Valley Bancorp has a net margin of 31.38% compared to Oak Valley Bancorp's net margin of 17.35%. Chemung Financial's return on equity of 17.78% beat Oak Valley Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Oak Valley Bancorp31.38% 17.78% 1.49%
Chemung Financial 17.35%12.39%0.84%

In the previous week, Oak Valley Bancorp had 7 more articles in the media than Chemung Financial. MarketBeat recorded 10 mentions for Oak Valley Bancorp and 3 mentions for Chemung Financial. Oak Valley Bancorp's average media sentiment score of 1.43 beat Chemung Financial's score of 0.98 indicating that Chemung Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Oak Valley Bancorp
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Chemung Financial
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Oak Valley Bancorp has higher earnings, but lower revenue than Chemung Financial. Oak Valley Bancorp is trading at a lower price-to-earnings ratio than Chemung Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Oak Valley Bancorp$87.30M2.28$30.85M$3.317.20
Chemung Financial$137.62M1.50$25M$5.228.31

Oak Valley Bancorp pays an annual dividend of $0.45 per share and has a dividend yield of 1.9%. Chemung Financial pays an annual dividend of $1.24 per share and has a dividend yield of 2.9%. Oak Valley Bancorp pays out 13.6% of its earnings in the form of a dividend. Chemung Financial pays out 23.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Oak Valley Bancorp has increased its dividend for 10 consecutive years.

Oak Valley Bancorp received 27 more outperform votes than Chemung Financial when rated by MarketBeat users. Likewise, 54.46% of users gave Oak Valley Bancorp an outperform vote while only 51.11% of users gave Chemung Financial an outperform vote.

CompanyUnderperformOutperform
Oak Valley BancorpOutperform Votes
165
54.46%
Underperform Votes
138
45.54%
Chemung FinancialOutperform Votes
138
51.11%
Underperform Votes
132
48.89%

Chemung Financial has a consensus target price of $49.00, suggesting a potential upside of 12.90%. Given Oak Valley Bancorp's higher probable upside, analysts clearly believe Chemung Financial is more favorable than Oak Valley Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Oak Valley Bancorp
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Chemung Financial
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Oak Valley Bancorp has a beta of 0.36, suggesting that its stock price is 64% less volatile than the S&P 500. Comparatively, Chemung Financial has a beta of 0.2, suggesting that its stock price is 80% less volatile than the S&P 500.

30.9% of Oak Valley Bancorp shares are owned by institutional investors. Comparatively, 47.5% of Chemung Financial shares are owned by institutional investors. 19.3% of Oak Valley Bancorp shares are owned by insiders. Comparatively, 12.0% of Chemung Financial shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Oak Valley Bancorp beats Chemung Financial on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CHMG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CHMG vs. The Competition

MetricChemung FinancialState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$206.25M$2.26B$9.85B$7.99B
Dividend Yield2.86%4.28%5.81%4.00%
P/E Ratio8.3111.5540.9314.55
Price / Sales1.501.89103.3473.53
Price / Cash7.218.4416.2931.55
Price / Book1.051.023.304.59
Net Income$25M$403.09M$1.01B$213.90M
7 Day Performance-0.91%-0.67%0.39%0.87%
1 Month Performance0.93%0.49%2.44%1.82%
1 Year Performance14.39%22.34%15.37%5.90%

Chemung Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVLY
Oak Valley Bancorp
2.2061 of 5 stars
$24.27
+1.9%
N/A+3.2%$202.90M$87.30M7.33219Analyst Downgrade
News Coverage
PKBK
Parke Bancorp
3.3154 of 5 stars
$16.01
+2.2%
N/A+1.1%$191.53M$67.09M8.30101Positive News
BOCH
Bank of Commerce
0 of 5 stars
$15.17
flat
N/A+0.0%$254.20M$64.13M13.79206Gap Up
High Trading Volume
ISTR
Investar
4.4966 of 5 stars
$15.73
-0.1%
$16.08
+2.2%
+41.3%$154.63M$139.74M8.79323Analyst Downgrade
News Coverage
TCFC
Community Financial
0 of 5 stars
$27.09
flat
N/AN/A$153.57M$82.52M5.21199Analyst Forecast
SBSI
Southside Bancshares
4.3168 of 5 stars
$26.86
+3.5%
$32.67
+21.6%
-0.9%$813.32M$395.58M9.99815
AMAL
Amalgamated Financial
2.8762 of 5 stars
$25.20
+0.7%
$29.50
+17.1%
+70.1%$769.10M$387.41M8.24425
FMBH
First Mid Bancshares
2.8224 of 5 stars
$31.60
+1.7%
$37.00
+17.1%
+31.2%$755.24M$386.95M10.191,219Positive News
CTBI
Community Trust Bancorp
4.4536 of 5 stars
$41.76
+1.7%
$48.00
+14.9%
+23.2%$752.93M$326.31M9.69945Short Interest ↓
Positive News
CNOB
ConnectOne Bancorp
4.9568 of 5 stars
$18.91
+2.6%
$24.50
+29.6%
+32.1%$724.82M$504.07M10.01487Analyst Forecast
News Coverage
Positive News

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This page (NASDAQ:CHMG) was last updated on 6/2/2024 by MarketBeat.com Staff

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