Chemung Financial (NASDAQ:CHMG) reported quarterly earnings of $1.37 per share. This is a 3.52 percent decrease over earnings of $1.42 per share from the same period last year.
Chemung Financial (NASDAQ:CHMG) reported quarterly earnings of $1.72 per share. This is a 18.62 percent increase over earnings of $1.45 per share from the same period last year.
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Chemung Financial (NASDAQ:CHMG) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Chemung Financial Corporation (NASDAQ:CHMG) announced today that its Board of Directors has approved a dividend increase of $0.05 per share, equal to a quarterly cash dividend of $0.31 per share,