Chemung Financial (CHMG) Gross Margin (2017 - 2023)
Historic Gross Margin for Chemung Financial (CHMG) over the last 7 years, with Q2 2023 value amounting to 88.17%.
- Chemung Financial's Gross Margin fell 51400.0% to 88.17% in Q2 2023 from the same period last year, while for Jun 2023 it was 87.32%, marking a year-over-year decrease of 44400.0%. This contributed to the annual value of 89.99% for FY2023, which is 2700.0% down from last year.
- Chemung Financial's Gross Margin amounted to 88.17% in Q2 2023, which was down 51400.0% from 91.01% recorded in Q1 2023.
- Over the past 5 years, Chemung Financial's Gross Margin peaked at 97.34% during Q3 2022, and registered a low of 72.95% during Q4 2022.
- For the 5-year period, Chemung Financial's Gross Margin averaged around 89.73%, with its median value being 91.13% (2021).
- Its Gross Margin has fluctuated over the past 5 years, first surged by 53700bps in 2021, then crashed by -158300bps in 2022.
- Over the past 5 years, Chemung Financial's Gross Margin (Quarter) stood at 90.37% in 2019, then decreased by -6bps to 85.14% in 2020, then increased by 4bps to 88.78% in 2021, then dropped by -18bps to 72.95% in 2022, then increased by 21bps to 88.17% in 2023.
- Its last three reported values are 88.17% in Q2 2023, 91.01% for Q1 2023, and 72.95% during Q4 2022.