Chemical Financial Corporation operates as a financial holding company of Chemical Bank that offers a range of banking and fiduciary products and services to residents and business customers. It offers 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, debit cards, safe deposit box, money transfer, automated teller machines, insurance and investment products, corporate and personal wealth management, and mortgage banking and other banking services.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone989-839-5350
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$924.53 million
Profitability
Miscellaneous
Employees3,100
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable
Chemical Financial (NASDAQ:CHFC) Frequently Asked Questions
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 announced a quarterly dividend on Tuesday, April 23rd. Investors of record on Friday, June 7th will be paid a dividend of $0.34 per share on Friday, June 21st. This represents a $1.36 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Thursday, June 6th. View Chemical Financial's Dividend History.
How were Chemical Financial's earnings last quarter?
Chemical Financial Co. (NASDAQ:CHFC) posted its earnings results on Wednesday, July, 24th. The bank reported $1.06 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.05. The bank had revenue of $203.33 million for the quarter, compared to analysts' expectations of $204.83 million. Chemical Financial had a return on equity of 10.21% and a net margin of 28.25%. During the same period in the prior year, the firm posted $0.96 EPS. View Chemical Financial's Earnings History.
When is Chemical Financial's next earnings date?
What price target have analysts set for CHFC?
7 analysts have issued 1-year target prices for Chemical Financial's stock. Their forecasts range from $50.00 to $59.00. On average, they expect Chemical Financial's stock price to reach $53.8333 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price. View Analyst Price Targets for Chemical Financial.
What is the consensus analysts' recommendation for Chemical Financial?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemical Financial in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chemical Financial.
Has Chemical Financial been receiving favorable news coverage?
Headlines about CHFC stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Chemical Financial earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Chemical Financial.
Who are some of Chemical Financial's key competitors?
Some companies that are related to Chemical Financial include SVB Financial Group (SIVB), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Signature Bank (SBNY), First Citizens BancShares (FCNCA), Popular (BPOP), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Bank Ozk (OZK), First Hawaiian (FHB) and Glacier Bancorp (GBCI).
What other stocks do shareholders of Chemical Financial own?
Who are Chemical Financial's key executives?
Chemical Financial's management team includes the folowing people:
- Mr. David T. Provost, Pres, CEO & Director (Age 65)
- Mr. Dennis L. Klaeser, Exec. VP, CFO & Treasurer (Age 62)
- Mr. Robert S. Rathbun, Exec. VP of Retail & Regional Pres of the East Region of Chemical Bank (Age 55)
- Mr. John Brennan Ryan, COO, Exec. VP & Exec. Legal Counsel (Age 49)
- Ms. Kathleen S. Wendt, Exec. VP & Deputy CFO (Age 45)
Who are Chemical Financial's major shareholders?
Chemical Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.74%), BlackRock Inc. (13.74%), Vanguard Group Inc. (9.84%), Northern Trust Corp (2.62%), Invesco Ltd. (2.24%) and Schroder Investment Management Group (1.81%). Company insiders that own Chemical Financial stock include David T Provost, Dennis L Klaeser, Gregory R Bixby, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Robert Rathbun, Ronald A Klein and Thomas C Shafer. View Institutional Ownership Trends for Chemical Financial.
Which institutional investors are selling Chemical Financial stock?
CHFC stock was sold by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., Westwood Holdings Group Inc., Prudential Financial Inc., Vaughan Nelson Investment Management L.P., ClariVest Asset Management LLC, Deroy & Devereaux Private Investment Counsel Inc., Schroder Investment Management Group and Citadel Advisors LLC. View Insider Buying and Selling for Chemical Financial.
Which institutional investors are buying Chemical Financial stock?
CHFC stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, Castine Capital Management LLC, Stieven Capital Advisors L.P., Vanguard Group Inc. and Northern Trust Corp. Company insiders that have bought Chemical Financial stock in the last two years include David T Provost, Dennis L Klaeser and Thomas C Shafer. View Insider Buying and Selling for Chemical Financial.
What is Chemical Financial's stock price today?
One share of CHFC stock can currently be purchased for approximately $41.09.
How big of a company is Chemical Financial?
Chemical Financial has a market capitalization of $2.94 billion and generates $924.53 million in revenue each year. The bank earns $284.02 million in net income (profit) each year or $3.94 on an earnings per share basis. Chemical Financial employs 3,100 workers across the globe.View Additional Information About Chemical Financial.
What is Chemical Financial's official website?
How can I contact Chemical Financial?
Chemical Financial's mailing address is 235 E MAIN ST, MIDLAND MI, 48640. The bank can be reached via phone at 989-839-5350.
MarketBeat Community Rating for Chemical Financial (NASDAQ CHFC)
MarketBeat's community ratings are surveys of what our community members think about Chemical Financial and other stocks. Vote "Outperform" if you believe CHFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
