Last $26.14 USD
Change Today +0.51 / 1.99%
Volume 10.1K
CHFC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

chemical financial corp (CHFC) Snapshot

Open
$25.54
Previous Close
$25.63
Day High
$26.15
Day Low
$25.01
52 Week High
05/21/13 - $26.77
52 Week Low
06/5/12 - $19.25
Market Cap
719.1M
Average Volume 10 Days
24.6K
EPS TTM
$1.95
Shares Outstanding
27.5M
EX-Date
06/5/13
P/E TM
13.4x
Dividend
$0.84
Dividend Yield
3.18%
Current Stock Chart for CHEMICAL FINANCIAL CORP (CHFC)

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chemical financial corp (CHFC) Details

Chemical Financial Corporation operates as the financial holding company of Chemical Bank that offers banking and fiduciary products and services to residents and business customers in Michigan. Its 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, debit cards, safe deposit box services, money transfer services, automated teller machines, access to insurance and investment products, corporate and personal wealth management services, and other banking services. The company also offers mutual funds, annuity products, and market securities; and operates as an issuer of title insurance to buyers and sellers of residential and commercial mortgage properties, including properties subject to loan refinancing. As of May 23, 2012, it operated through 142 banking offices located in approximately 32 counties in the lower peninsula of Michigan. The company was founded in 1973 and is headquartered in Midland, Michigan.

1,859 Employees
Last Reported Date: 02/22/13
Founded in 1973

chemical financial corp (CHFC) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $497.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $276.6K
Executive Vice President of Community Banking...
Total Annual Compensation: $287.6K
Member of Executive Management Committee, Exe...
Total Annual Compensation: $254.4K
First Vice President of Branch Administration...
Total Annual Compensation: $245.9K
Compensation as of Fiscal Year 2012.

chemical financial corp (CHFC) Key Developments

Chemical Financial Corporation Declares Cash Dividend for Second Quarter of 2013, Payable on June 21, 2013

Chemical Financial Corporation announced that the Board of Directors of the corporation declared a second quarter 2013 cash dividend on its common stock of $0.21 per share. The second quarter 2013 dividend will be payable on June 21, 2013, to shareholders of record on June 7, 2013. The ex-dividend date is June 5, 2013.

Chemical Financial Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Reports Impairment Charges for the First Quarter Ended March 31, 2013

Chemical Financial Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s total interest income was $52,379,000 against $52,664,000 a year ago. Net interest income was $47,652,000 against $46,195,000 a year ago. Income before income taxes was $18,934,000 against $17,549,000 a year ago. Net income was $13,234,000 or $0.48 per basic and diluted share against $12,374,000 or $0.45 per basic and diluted share a year ago. Return on average assets was 0.91% against 0.92% a year ago. Return on average shareholders' equity was 9.0% against 8.7% a year ago. For quarter, the company’s net loan charge-offs-originated was $4,657,000 against $5,548,000 a year ago.

Chemical Financial Corporation, Annual General Meeting, Apr 15, 2013

Chemical Financial Corporation, Annual General Meeting, Apr 15, 2013., at 14:00 Central Standard Time. Location: The Midland Center for the Arts. Agenda: To elect 12 directors; to ratify the appointment of KPMG LLP as the company’s independent registered public accounting firm for the year ending December 31, 2013; and to consider advisory approval of executive compensation.

 

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Industry Analysis

CHFC

Industry Average

Valuation CHFC Industry Range
Price/Earnings 13.6x
Price/Sales 3.1x
Price/Book 1.2x
Price/Cash Flow 13.6x
TEV/Sales NM Not Meaningful
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