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Chemung Financial executive vice president Thomas W. Wirth sells 26 July 2017

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Chemung Financial (NASDAQ:CHMG) Executive Vice President Thomas W. Wirth sold 539 shares worth $US21,964 on July 25. The selling price was $US40.75.

HTTP link to original article

https://www.sec.gov/Archives/edgar/data/763563/000076356317000079/xslF345X03/edgar.xml

Thomas W. Wirth (Reported Selling; trailing 12 months)
MonthNo. of SharesPrice, USDValue, USD
July 26, 201753940.7521,964
Oct '1660628.0116,973
Total1,14534.0138,937

Original news release

Source: SEC

SECTION 1 BIOGRAPHY THOMAS W. WIRTH, EXECUTIVE VICE PRESIDENT

Thomas W. Wirth was promoted to Executive Vice President, Division Manager of the Wealth Management Group at Chemung Canal Trust Company in 2015. He began his career at Chemung Canal in 1987 and joined the Investment Department in 1990 as a Portfolio Manager and was elected Trust Investment Officer in 1993. In 1996, Mr. Wirth became the Finance/Asset/Liability Manager and Bank Portfolio Manager and was elected Assistant Vice President. In 1998, he was elected Vice President and in 1999 returned to the Investment Department as the Investment Services Department Manager, Senior Investment Officer and was promoted in 2004 to Senior Vice President.

SECTION 2 CHEMUNG FINANCIAL CORPORATION SCORECARD (NASDAQ:CHMG):

+ Chemung Financial Corporation is placed 872/2,260 in the BSS News Bites ranking of NASDAQ performers in the past year, a percentile ranking of 61.

2.1 Key Financials (All figures percent)

CHMGRevenue GrowthEPS GrowthOperating MarginROE
20163.55.525.77
2015-6.614.9266.9
201416.3-722.36.1
2013-2.7-21.424.86.3

2.2 Moving Annual Return (Trailing 12 months):

CHMGCloseDividendsCapital Gain / (Loss) %% YieldAnnual Return %
Last Traded Jul 26$US41.49$US1.0429.53.232.7
1 Year ago$US32.05$US1.0422.2426.2
2 Years ago$US26.22$US1.04(9.0)3.6-5.4

2.3 Revenue and Net Profit

DescriptionAnnual ($US M)3 years Avg ($US M)3 years CAGR %
Total Revenue77.377.33.5
EBITDA14.416.4-11.4
Operating Profit14.413.54.8

CAGR = Compound Annual Growth Rate

2.4 Performance (All figures in %)

DescriptionAnnual3 years Avg
EBITDA Margin25.727.9
Operating Profit Margin25.724.7
Net Profit Margin17.916.9
Return on Equity7.06.7
Return on Assets0.60.6

2.5 High Performance Indicator:

DescriptionValueRank In Market
Volatility %1.3In Top Quartile

2.6 Present Value of $US1000 invested in the past

PV$10001-week1-month1-year
CHMG.NASDAQ9981,0141,314
NASDAQ-100 Index1,0091,0601,271

2.7 Trailing Price Change %

Price Change %1-Month3-Month1-Year
CHMG2.711.9829.45
Bank sector4.541.5140.84
NASDAQ-100 Index3.07.3927.37

2.8 Creation of shareholder value:

Since appointment as Executive Vice President: The present value of USD1,000 invested on the appointment date of September 03, 2015 at close price of $US26.20 is $US1,693, including a capital gain of $US584 and dividend reinvested of $US109.

- Market Capitalization has increased by $US74.5 million from $US121.8 million to $US196.3 million since appointment. This increase comprises cumulative retained earnings of $US9.7 million and Created Market Value of $US64.8 million. The Created Market Value multiple, defined by the change in MCap for every USD1 of retained earnings is exemplary at 7.7.

2.9 Market Position

Chemung Financial Corporation (NASDAQ:CHMG), NASDAQ's 202nd largest Bank by market cap, climbed $US4.36 (or 12%) year to date in 2017 to close at $US40.71. The stock has a 6-month USD relative strength of 81 which means in USD terms it is outperforming 81% of its 47,590 global peers. A price rise combined with a high relative strength is a bullish signal. Compared with the NASDAQ-100 Index which has risen 21.9% YTD, this is a relative price change of -9.9%. The average daily volume of 6,511 shares so far in 2017 was 0.8 times the average daily volume in 2016. In 2017 the market cap has jumped $US21.7 million.

2.10 Global Rank

Global Rank [out of 47,590 stocks]

DescriptionValueRankQuartile
MCap (US$)192.6M18,115Second
Total Assets (US$)1.7B7,370Top
Revenue (US$)77.3M20,680Second
Net Profit (US$)10M14,466Second
Return on Equity %7.017,381Second
Net Profit Margin %17.96,386Top
Price to Book1.616,676Second
Price Earnings18.910,399Top
Yield %2.69,495Top
PV$1000 (1Year) US$1,31412,989Second
US$ Change (1Year) %36.410,113Top
Rel Strength 6 Mo (US$)818,965Top

SECTION 3 OTHER DIRECTORS OF CHEMUNG FINANCIAL CORPORATION

Anders M. Tomson, Chief Executive Officer & President & Chief Operating Officer

David J. Dalrymple, Chairman

Potter John F, Director

Richard W. Swan, Director

William D. Eggers, Director

Stephen M. Lounsberry III, Director

Robert L. Storch, Director

Larry H. Becker, Director

Kevin B. Tully, Director

Eugene M. Sneeringer Jr., Director

Tyrrell Thomas R., Director

Bruce Walter Boyea, Director

Clover M. Drinkwater, Director

Tranter G. Thomas Jr., Director

Robert H. Dalrymple, Company Secretary & Vice President

Thomas W. Wirth, Executive Vice President

SECTION 4 CHEMUNG FINANCIAL CORPORATION ACTIVITIES

Chemung Financial Corporation is the holding company for Chemung Canal Trust Company, a full service commercial bank. The Bank attracts deposits from the general public and uses those funds to originate a variety of loans. Chemung Canal Trust operates in Chemung, Schuyler, Steuben, and Tioga counties, New York.

SECTION 5 RECENT NEWS OF CHEMUNG FINANCIAL CORPORATION DIRECTORS

10 July 2017

Chemung Financial director Potter John F awarded Phantom Stocks

Chemung Financial (NASDAQ:CHMG) director Potter John F, has been awarded Phantom Stocks on 368 shares at a transaction price of $US41.37. The transaction date was July 03. The shares last traded at $US40.86.

10 July 2017

Chemung Financial director Bruce Walter Boyea awarded Phantom Stocks

Chemung Financial (NASDAQ:CHMG) director Bruce Walter Boyea, has been awarded Phantom Stocks on 96 shares at a transaction price of $US41.37. The transaction date was July 03. The shares last traded at $US40.86.

07 July 2017

David J. Dalrymple starts twelfth year as Chemung Financial Chairman

David J. Dalrymple was appointed Chairman of Chemung Financial (NASDAQ:CHMG) eleven years ago on July 07, 2006. In the last 3 years the average annualized return to shareholders was 14.8%. The present value of USD1,000 (PV1000) invested 3 years ago is now $US1,519, a gain of $US369 and dividend reinvested of $US150.

06 July 2017

Anders M. Tomson starts third year as Chemung Financial CEO

Anders M. Tomson was appointed CEO of Chemung Financial (NASDAQ:CHMG) two years ago on July 06, 2015. The shares were up from US$26.7 to US$41.3 and the total annualized return to shareholders (TRS) since appointment is 28.6%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth US$1,654, a gain of US$548 and dividend reinvested of US$107.

Source: www.BuySellSignals.com