Chemung Financial Corporation is a financial services holding company operating 31 offices through its main subsidiary, Chemung Canal Trust Company, a full-service community bank. It also owns CFS Group, Inc., which offers non-traditional services like mutual funds, annuities, brokerage, tax preparation, and insurance. The company provides a wide range of financial services, including deposits, loans, interest rate swaps, letters of credit, wealth management, employee benefits, and insurance. Its core banking segment focuses on attracting public deposits to fund various loans, while its wealth management segment offers trust and investment advisory services. We show 60 historical shares outstanding datapoints in our coverage of CHMG's shares outstanding history.
Understanding the changing numbers of CHMG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CHMG versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CHMG by allowing them to research CHMG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
