Chemical Financial Company Profile (NASDAQ:CHFC)

About Chemical Financial (NASDAQ:CHFC)

Chemical Financial logoChemical Financial Corporation is a financial holding company. The Company operates in the commercial banking segment. The Company, through its subsidiary bank, Chemical Bank, offers banking and fiduciary products and services. These products and services include business and personal checking accounts, savings and individual retirement accounts, time deposit instruments, electronically accessed banking products, residential and commercial real estate financing, commercial lending, consumer financing, access to insurance and investment products, corporate and personal wealth management services, and other banking services. As of December 31, 2016, the Corporation and Chemical Bank served these markets through 249 banking offices. In addition to the banking offices, Chemical Bank operated eight loan production offices and over 272 automated teller machines, both on- and off-bank premises, as of December 31, 2016. Its loan portfolio includes commercial and real estate construction.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:CHFC
  • CUSIP: 16373110
  • Web: www.chemicalbankmi.com
Capitalization:
  • Market Cap: $3.28 billion
  • Outstanding Shares: 71,121,000
Average Prices:
  • 50 Day Moving Avg: $48.23
  • 200 Day Moving Avg: $50.84
  • 52 Week Range: $34.82 - $55.55
P/E:
  • Trailing P/E Ratio: 20.46
  • Foreward P/E Ratio: 13.18
  • P/E Growth: 3.74
Sales & Book Value:
  • Annual Revenue: $560.37 million
  • Price / Sales: 5.85
  • Book Value: $36.56 per share
  • Price / Book: 1.26
Dividend:
  • Annual Dividend: $1.08
  • Dividend Yield: 2.4%
Profitability:
  • Net Margins: 20.09%
  • Return on Equity: 8.95%
  • Return on Assets: 1.15%
Debt:
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 341,333 shs.
  • Beta: 1.11
  • Short Ratio: 7.67
 

Frequently Asked Questions for Chemical Financial (NASDAQ:CHFC)

What is Chemical Financial's stock symbol?

Chemical Financial trades on the NASDAQ under the ticker symbol "CHFC."

How often does Chemical Financial pay dividends? What is the dividend yield for Chemical Financial?

Chemical Financial declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Friday, June 2nd will be given a dividend of $0.27 per share on Friday, June 16th. This represents a $1.08 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Wednesday, May 31st. View Chemical Financial's Dividend History.

How were Chemical Financial's earnings last quarter?

Chemical Financial Co. (NASDAQ:CHFC) released its quarterly earnings results on Tuesday, April, 25th. The company reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.01. The company earned $168.11 million during the quarter, compared to analyst estimates of $173.51 million. Chemical Financial had a return on equity of 8.95% and a net margin of 20.09%. View Chemical Financial's Earnings History.

When will Chemical Financial make its next earnings announcement?

Chemical Financial is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Chemical Financial.

Where is Chemical Financial's stock going? Where will Chemical Financial's stock price be in 2017?

4 analysts have issued twelve-month price objectives for Chemical Financial's shares. Their predictions range from $55.00 to $55.00. On average, they expect Chemical Financial's stock price to reach $55.00 in the next twelve months. View Analyst Ratings for Chemical Financial.

Are investors shorting Chemical Financial?

Chemical Financial saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 2,310,606 shares, a drop of 6.7% from the March 31st total of 2,476,355 shares. Based on an average daily trading volume, of 286,010 shares, the days-to-cover ratio is currently 8.1 days.

Who are some of Chemical Financial's key competitors?

Who owns Chemical Financial stock?

Chemical Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.01%), Vanguard Group Inc. (8.46%), State Street Corp (4.64%), Dimensional Fund Advisors LP (3.98%), Westwood Holdings Group Inc. (2.42%) and Schroder Investment Management Group (1.78%). Company insiders that own Chemical Financial stock include Daniel W Terpsma, David T Provost, Dennis L Klaeser, Gary Torgow, James R Fitterling, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Ronald A Klein, Thomas C Shafer and Thomas W Kohn. View Institutional Ownership Trends for Chemical Financial.

Who sold Chemical Financial stock? Who is selling Chemical Financial stock?

Chemical Financial's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Bank of America Corp DE, JPMorgan Chase & Co., Prudential Financial Inc., Morgan Stanley and Marietta Investment Partners LLC. Company insiders that have sold Chemical Financial stock in the last year include David T Provost, Dennis L Klaeser, Gary Torgow, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Ronald A Klein, Thomas C Shafer and Thomas W Kohn. View Insider Buying and Selling for Chemical Financial.

Who bought Chemical Financial stock? Who is buying Chemical Financial stock?

Chemical Financial's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Vanguard Group Inc., Schroder Investment Management Group, Westwood Holdings Group Inc., AXA, Kennedy Capital Management Inc. and AQR Capital Management LLC. Company insiders that have bought Chemical Financial stock in the last two years include Daniel W Terpsma and James R Fitterling. View Insider Buying and Selling for Chemical Financial.

How do I buy Chemical Financial stock?

Shares of Chemical Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Chemical Financial stock cost?

One share of Chemical Financial stock can currently be purchased for approximately $46.12.

Analyst Ratings

Consensus Ratings for Chemical Financial (NASDAQ:CHFC) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $55.00 (19.25% upside)

Analysts' Ratings History for Chemical Financial (NASDAQ:CHFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Hilliard LyonsUpgradeBuy$54.00 -> $55.00LowView Rating Details
4/15/2017Keefe, Bruyette & WoodsSet Price TargetBuy$55.00MediumView Rating Details
9/2/2016StephensInitiated CoverageEqual WeightN/AView Rating Details
6/7/2016Boenning ScattergoodReiterated RatingNeutralN/AView Rating Details
3/2/2016Raymond James Financial, Inc.Initiated CoverageStrong-Buy$42.00N/AView Rating Details
2/29/2016FIG PartnersDowngradeOutperform -> Market Perform$37.00N/AView Rating Details
1/28/2016Sandler O'NeillUpgradeHold -> BuyN/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Chemical Financial (NASDAQ:CHFC)
Earnings by Quarter for Chemical Financial (NASDAQ:CHFC)
Earnings History by Quarter for Chemical Financial (NASDAQ:CHFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
4/25/2017Q1 2017$0.70$0.71$173.51 million$168.11 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.71$0.70$176.13 million$186.71 millionViewN/AView Earnings Details
10/25/2016Q3$0.69$0.72$127.12 million$124.58 millionViewN/AView Earnings Details
7/26/2016Q2$0.65$0.72$97.24 million$98.39 millionViewN/AView Earnings Details
4/15/2016Q1$0.63$0.60$95.25 million$93.75 millionViewN/AView Earnings Details
1/25/2016Q4$0.67$0.66$94.50 million$95.53 millionViewListenView Earnings Details
10/21/2015Q3$0.63$0.65$93.80 million$93.83 millionViewListenView Earnings Details
7/21/2015Q2$0.55$0.61$84.29 million$86.41 millionViewListenView Earnings Details
4/17/2015Q115$0.54$0.57$77.71 million$78.46 millionViewN/AView Earnings Details
1/27/2015Q413$0.46$0.56$73.26 million$76.47 millionViewN/AView Earnings Details
10/22/2014Q3$0.42$0.51$70.70 million$68.42 millionViewN/AView Earnings Details
7/23/2014Q2 2014$0.49$0.54$64.59 million$62.83 millionViewN/AView Earnings Details
4/21/2014Q1$0.48$0.46$65.60 million$63.50 millionViewListenView Earnings Details
1/27/2014Q4 13$0.49$0.48ViewN/AView Earnings Details
10/28/2013Q313$0.49$0.53$64.80 millionViewN/AView Earnings Details
7/17/2013Q2 2013$0.48$0.51$60.48 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Chemical Financial (NASDAQ:CHFC)
2017 EPS Consensus Estimate: $2.98
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.69$0.71$0.70
Q2 20172$0.72$0.73$0.73
Q3 20172$0.76$0.77$0.77
Q4 20172$0.77$0.81$0.79
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Chemical Financial (NASDAQ:CHFC)
Next Dividend:6/16/2017
Annual Dividend:$1.08
Dividend Yield:2.34%
Payout Ratio:50.47% (Trailing 12 Months of Earnings)
35.88% (Based on This Year's Estimates)
30.86% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Chemical Financial (NASDAQ:CHFC)

Dividend History by Quarter for Chemical Financial (NASDAQ:CHFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.272.25%5/31/20176/2/20176/16/2017
2/21/2017Quarterly$0.272%3/1/20173/3/20173/17/2017
11/10/2016quarterly$0.272.23%11/30/201612/2/201612/16/2016
8/17/2016quarterly$0.272.43%8/26/20168/30/20169/16/2016
4/21/2016quarterly$0.262.7%6/1/20166/3/20166/17/2016
1/21/2016quarterly$0.263.42%3/2/20163/4/20163/18/2016
10/22/2015quarterly$0.263.07%12/2/201512/4/201512/18/2015
7/22/2015$0.269/2/20159/4/20159/18/2015
5/21/2015quarterly$0.243.15%6/3/20156/5/20156/19/2015
2/18/2015quarterly$0.243.19%3/4/20153/6/20153/20/2015
11/18/2014quarterly$0.243.23%12/3/201412/5/201412/19/2014
8/19/2014quarterly$0.243.39%9/3/20149/5/20149/19/2014
5/20/2014quarterly$0.233.29%6/4/20146/6/20146/20/2014
2/18/2014quarterly$0.233.22%3/5/20143/7/20143/21/2014
11/19/2013quarterly$0.233.08%12/4/201312/6/201312/20/2013
8/20/2013quarterly$0.223.07%9/4/20139/6/20139/20/2013
5/21/2013quarterly$0.213.23%6/5/20136/7/20136/21/2013
2/19/2013quarterly$0.213.37%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Chemical Financial (NASDAQ:CHFC)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 74.36%
Insider Trades by Quarter for Chemical Financial (NASDAQ:CHFC)
Institutional Ownership by Quarter for Chemical Financial (NASDAQ:CHFC)
Insider Trades by Quarter for Chemical Financial (NASDAQ:CHFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/28/2017Richard M LievenseDirectorSell13,351$47.87$639,112.37View SEC Filing  
2/28/2017Larry D StaufferDirectorSell3,350$53.18$178,153.00View SEC Filing  
2/3/2017Ronald A KleinDirectorSell4,725$49.25$232,706.25View SEC Filing  
1/31/2017Ronald A KleinDirectorSell5,000$48.88$244,400.00View SEC Filing  
1/30/2017James R FitterlingDirectorBuy1,500$48.57$72,855.00View SEC Filing  
1/30/2017Thomas C ShaferInsiderSell51,393$48.25$2,479,712.25View SEC Filing  
11/30/2016Larry D. StaufferDirectorSell3,850$51.89$199,776.50View SEC Filing  
11/18/2016Lori A GwizdalaInsiderSell500$51.08$25,540.00View SEC Filing  
10/31/2016Gary TorgowDirectorSell55,000$42.99$2,364,450.00View SEC Filing  
9/1/2016David T ProvostDirectorSell279,101$45.24$12,626,529.24View SEC Filing  
9/1/2016Dennis L KlaeserCFOSell49,785$45.24$2,252,273.40View SEC Filing  
9/1/2016Thomas C ShaferEVPSell34,456$45.24$1,558,789.44View SEC Filing  
8/31/2016Lori A GwizdalaEVPSell200$46.08$9,216.00View SEC Filing  
8/30/2016Thomas W KohnInsiderSell1,000$46.75$46,750.00View SEC Filing  
8/17/2016Lori A GwizdalaVPSell800$44.55$35,640.00View SEC Filing  
8/15/2016Richard M LievenseDirectorSell4,500$44.03$198,135.00View SEC Filing  
2/29/2016Daniel W TerpsmaInsiderBuy1,000$33.87$33,870.00View SEC Filing  
2/24/2016Daniel W TerpsmaInsiderBuy1,406$33.09$46,524.54View SEC Filing  
2/19/2016Daniel W TerpsmaInsiderBuy1,500$33.00$49,500.00View SEC Filing  
2/1/2016Richard M. LievenseDirectorSell5,162$32.19$166,164.78View SEC Filing  
2/27/2015Lori A GwizdalaCFOSell1,166$30.38$35,423.08View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Chemical Financial (NASDAQ:CHFC)
Latest Headlines for Chemical Financial (NASDAQ:CHFC)
Source:
DateHeadline
americanbankingnews.com logoZacks: Brokerages Expect Chemical Financial Co. (CHFC) Will Announce Earnings of $0.73 Per Share
www.americanbankingnews.com - May 17 at 12:28 PM
nasdaq.com logoChemical Financial (CHFC) Shares Cross Below 200 DMA
www.nasdaq.com - May 13 at 2:52 AM
americanbankingnews.com logoChemical Financial Co. (CHFC) Short Interest Update
www.americanbankingnews.com - May 6 at 7:44 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Chemical Financial Co. Issued By FIG Partners (CHFC)
www.americanbankingnews.com - May 4 at 3:42 PM
americanbankingnews.com logoChemical Financial (CHFC) Earning Positive News Coverage, Report Shows
www.americanbankingnews.com - May 4 at 1:13 AM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Chemical Financial Co. (CHFC) Issued By FIG Partners
www.americanbankingnews.com - May 3 at 8:46 AM
americanbankingnews.com logoInsider Selling: Chemical Financial Co. (CHFC) Director Sells 13,351 Shares of Stock
www.americanbankingnews.com - May 1 at 8:22 PM
americanbankingnews.com logoChemical Financial (CHFC) Receives Daily News Impact Rating of 0.31
www.americanbankingnews.com - April 30 at 2:42 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Upgraded at Hilliard Lyons
www.americanbankingnews.com - April 29 at 1:13 AM
americanbankingnews.com logo$179.47 Million in Sales Expected for Chemical Financial Co. (CHFC) This Quarter
www.americanbankingnews.com - April 28 at 2:52 PM
americanbankingnews.com logoBoenning Scattergood Comments on Chemical Financial Co.'s Q2 2017 Earnings (CHFC)
www.americanbankingnews.com - April 28 at 10:44 AM
americanbankingnews.com logoChemical Financial (CHFC) Receiving Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 27 at 10:18 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Plans Quarterly Dividend of $0.27
www.americanbankingnews.com - April 27 at 7:15 PM
finance.yahoo.com logoEdited Transcript of CHFC earnings conference call or presentation 26-Apr-17 2:30pm GMT
finance.yahoo.com - April 27 at 4:43 PM
seekingalpha.com logoChemical Financial's (CHFC) CEO David Ramaker on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 26 at 9:08 PM
americanbankingnews.com logoZacks: Analysts Expect Chemical Financial Co. (CHFC) Will Announce Earnings of $0.77 Per Share
www.americanbankingnews.com - April 26 at 8:50 PM
finance.yahoo.com logoChemical Financial Corporation Reports 2017 First Quarter Operating Results
finance.yahoo.com - April 26 at 4:06 PM
finance.yahoo.com logoChemical Financial Corporation Announces Second Quarter Cash Dividend
finance.yahoo.com - April 26 at 4:06 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Issues Earnings Results
www.americanbankingnews.com - April 26 at 3:48 PM
marketbeat.com logoChemical Financial tops 1Q profit forecasts
marketbeat.com - April 25 at 5:06 PM
finance.yahoo.com logoETFs with exposure to Chemical Financial Corp. : April 24, 2017
finance.yahoo.com - April 24 at 4:12 PM
americanbankingnews.com logoChemical Financial (CHFC) Receives News Sentiment Rating of 0.44
www.americanbankingnews.com - April 24 at 3:24 PM
americanbankingnews.com logoChemical Financial (CHFC) Earning Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 18 at 2:17 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 17 at 6:32 PM
finance.yahoo.com logoChemical Financial Corporation Announces First Quarter 2017 Earnings Conference Call
finance.yahoo.com - April 17 at 12:13 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Given a $55.00 Price Target by Keefe, Bruyette & Woods Analysts
www.americanbankingnews.com - April 17 at 12:52 AM
americanbankingnews.com logoChemical Financial (CHFC) Earning Somewhat Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 14 at 7:57 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - April 11 at 7:02 AM
americanbankingnews.com logoChemical Financial Co. (CHFC) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - April 10 at 6:27 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Expected to Announce Quarterly Sales of $173.51 Million
www.americanbankingnews.com - April 7 at 5:49 PM
finance.yahoo.com logoETFs with exposure to Chemical Financial Corp. : April 7, 2017
finance.yahoo.com - April 7 at 4:17 PM
americanbankingnews.com logo$0.70 EPS Expected for Chemical Financial Co. (CHFC) This Quarter
www.americanbankingnews.com - April 5 at 6:04 PM
americanbankingnews.com logoChemical Financial Co. (CHFC) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 4 at 6:36 PM
americanbankingnews.com logoChemical Financial Co. Expected to Earn FY2018 Earnings of $3.44 Per Share (CHFC)
www.americanbankingnews.com - March 23 at 12:52 PM
businesswire.com logoChemical Preparation Companies in China Report 2017: Profiles and Financial Data - Research and Markets
www.businesswire.com - March 17 at 8:45 PM
nytimes.com logoIgnore the Snobs, Drink the Cheap, Delicious Wine
www.nytimes.com - March 17 at 8:45 PM
biz.yahoo.com logoCHEMICAL FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 13 at 4:25 PM
finance.yahoo.com logoChemical Bank Celebrates 100th Anniversary
finance.yahoo.com - March 10 at 5:18 PM
finance.yahoo.com logoUPDATE -- Chemical Bank Celebrates 100th Anniversary
finance.yahoo.com - March 10 at 5:18 PM
finance.yahoo.com logoCHEMICAL FINANCIAL CORP Financials
finance.yahoo.com - March 7 at 4:18 PM
biz.yahoo.com logoCHEMICAL FINANCIAL CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 9:20 PM
nasdaq.com logoChemical Financial Corporation (CHFC) Ex-Dividend Date Scheduled for March 01 ...
www.nasdaq.com - March 1 at 11:16 AM
finance.yahoo.com logoChemical Financial Corporation Announces First Quarter Cash Dividend
finance.yahoo.com - February 21 at 2:40 PM
nasdaq.com logoMarietta Investment Partners Llc Buys Citizens Financial Group, Charles Schwab, Diamondback ...
www.nasdaq.com - February 16 at 4:21 PM
finance.yahoo.com logoEdited Transcript of CHFC earnings conference call or presentation 26-Jan-17 3:00pm GMT
finance.yahoo.com - January 26 at 10:09 PM
seekingalpha.com logoChemical Financial's (CHFC) CEO David Ramaker on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 26 at 5:09 PM
reuters.com logoBRIEF-Chemical Financial Corp appoints Jeffrey L. Tate to board of directors
www.reuters.com - January 25 at 10:24 PM
streetinsider.com logoChemical Financial (CHFC) Names Jeffrey Tate to Board of Directors
www.streetinsider.com - January 25 at 10:24 PM
biz.yahoo.com logoQ4 2016 Chemical Financial Corp Earnings Release - After Market Close
us.rd.yahoo.com - January 25 at 5:22 PM
us.rd.yahoo.com logoChemical Financial Corporation Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - January 25 at 5:22 PM

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Chart

Chemical Financial (CHFC) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff