COMP <GO>

PCB vs CHMG // PIOTROSKI F-SCORE QUALITY

PCB Bancorp (NASDAQ) VS. Chemung Financial Corp (NASDAQ) • 15-METRIC TALLY: PCB 5 — CHMG 2

▲ PIOTROSKI F-SCORE QUALITY LEADER: PCB

LAST: $29.10 (+0.45%) • MKT CAP: $408.7M

piotroski-score

5/9

LAST: $87.60 (+2.10%) • MKT CAP: $422.4M

piotroski-score

4/9

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PCB VS. CHMG) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	PCB	CHMG	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.60%	5.90%	+3.70	PCB	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	5.97%	10.37%	-4.40	CHMG	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	68.00%	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	4.50%	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.81%	1.50%	+1.31	PCB	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality ACTIVE	5/9	4/9	+1.00	PCB	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	67.3	64.8	+2.53	PCB	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	10.1x	26.0x	-15.90	PCB	/forward-pe <GO>
Enterprise Scale & Market Cap	$408.7M	$422.4M	-$13.7M	CHMG	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	PCB REV	CHMG REV	PCB GROSS %	CHMG GROSS %	PCB FCF	CHMG FCF
FY 2025	$2.9M	$0	—	—	$24.4M	$43.8M
FY 2024	$2.8M	$0	—	—	$34.9M	$26.2M
FY 2023	$2.6M	$0	—	—	$63.3M	$30.9M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

PCB // BETA —

CHMG // BETA —