Chemung Financial (CHMG) Financial Statements & Analysis

Chemung Financial (CHMG) Income Statement

Chemung Financial reported revenue of $90.67M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 39.4% from $149.61M a year earlier. Net income was $15.10M, down 36.2% year over year, a net margin of 16.7%. Gross margin was 99.1% and operating margin 22.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $18.07M, down 18.0% from the same quarter a year earlier.

Chemung Financial Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Chemung Financial Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	90.67	149.61	95.74	96.17	91.84	86.86	86.22	86.76	79.85
Cost of Revenue	50.12	53.46	41.88	6.74	3.44	8.23	12.27	7.23	12.09
Gross Profit	89.83	96.15	94.70	95.17	88.41	78.63	73.95	79.54	67.76
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	23.03	38.93	22.55	20.83	32.70	31.42	30.79	30.17	29.02
Operating Expenses	69.89	66.07	63.20	58.28	54.65	54.76	54.91	55.90	53.07
Operating Income	19.94	30.09	31.50	36.89	33.76	23.87	19.04	23.64	14.69
Other Income/Expense
Interest Income	132.84	127.56	113.07	81.48	69.01	66.91	66.93	64.55	60.06
Interest Expense	45.68	53.51	38.62	7.30	3.42	3.99	6.32	4.07	3.07
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	19.94	30.09	31.50	36.89	33.76	23.87	19.04	23.64	14.69
Income Tax Expense	4.83	6.41	6.50	8.11	7.34	4.61	3.43	4.01	7.26
Net Income	15.10	23.67	25.00	28.78	26.43	19.26	15.61	19.63	7.43
Net Income - Continuous Operations	15.10	23.67	25.00	28.78	26.43	19.26	15.61	19.63	7.43
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	2.67	32.10	2.80	3.03	37.26	28.13	23.48	27.81	19.26
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	2.67	2.02	2.80	0.02	3.50	4.24	4.43	4.17	4.56
Earnings Per Share
Basic EPS	3.00	5.00	5.00	6.00	6.00	4.00	3.00	4.00	2.00
Diluted EPS	3.00	5.00	5.00	6.00	6.00	4.00	3.00	4.00	2.00
Basic Shares Outstanding	4.80	4.77	4.73	4.69	4.68	4.80	4.87	4.83	4.80
Diluted Shares Outstanding	4.80	4.77	4.73	4.69	4.68	4.80	4.87	4.83	4.80

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Chemung Financial Financial Statements

What was Chemung Financial's revenue in fiscal 2025?

Chemung Financial reported revenue of $90.67M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 39.4% from $149.61M a year earlier.

Is Chemung Financial profitable?

Yes. Chemung Financial earned net income of $15.10M in fiscal 2025, a net margin of 16.7%. In fiscal 2024 it earned $23.67M.

What is Chemung Financial's operating margin?

Chemung Financial's operating income was $19.94M on revenue of $90.67M in fiscal 2025, an operating margin of 22.0%, compared with 20.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition