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First Carolina Financial Services vs Chemung Financial: FCBM and CHMG compared
First Carolina Financial Services is the larger company: $32.3M of revenue in its latest quarter (Q2 2026) against $32.0M for Chemung Financial (Q3 2026). Chemung Financial is growing faster (+11% against -12% a year earlier). Chemung Financial is more profitable, with an operating margin of 51.6% against 20.1%.
Where the money goes: FCBM and CHMG
First Carolina Financial Services (FCBM) · Q2 2026
First Carolina Financial Services, Q2 2026: revenue $32.3M (-12% year over year), operating margin 20.1%, net earnings $5.1M. The chart follows the revenue to costs, profit and cash.
Chemung Financial (CHMG) · Q3 2026
Chemung Financial, Q3 2026: revenue $32.0M (+11% year over year), operating margin 51.6%, net earnings $12.7M, operating cash flow $11.4M. The chart follows the revenue to costs, profit and cash.
| First Carolina Financial Services (FCBM) | Chemung Financial (CHMG) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $32.3M | $32.0M |
| Revenue growth, Y/Y | -12% | +11% |
| Operating margin | 20.1% | 51.6% |
| Net earnings | $5.1M | $12.7M |
| Net margin | 15.8% | 39.7% |
| Operating cash flow | — | $11.4M |
| Free cash flow | — | $10.7M |
Where the revenue comes from
Chemung Financial
- Net interest income: $25.7M (80%)
- Noninterest income: $6.3M (20%)
Questions
Which is bigger, First Carolina Financial Services or Chemung Financial?
First Carolina Financial Services is the larger company: $32.3M of revenue in its latest quarter (Q2 2026) against $32.0M for Chemung Financial (Q3 2026).
Is First Carolina Financial Services or Chemung Financial growing faster?
Chemung Financial is growing faster (+11% against -12% a year earlier).
Which is more profitable, First Carolina Financial Services or Chemung Financial?
Chemung Financial is more profitable, with an operating margin of 51.6% against 20.1%.
More: First Carolina Financial Services earnings · how First Carolina Financial Services makes money · Chemung Financial earnings · how Chemung Financial makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 14, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.