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.
- Latest data reveals that Chemung Financial reported Gross Margin of 88.17% as of Q2 2023, which was down 51400.0% from 91.01% recorded in Q1 2023.
- Chemung Financial's 5-year Gross Margin high stood at 97.34% for Q3 2022, and its period low was 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).
- In the last 5 years, Chemung Financial's Gross Margin skyrocketed by 53700bps in 2021 and then tumbled by -158300bps in 2022.
- Over the past 5 years, Chemung Financial's Gross Margin (Quarter) stood at 90.37% in 2019, then dropped by -6bps to 85.14% in 2020, then grew by 4bps to 88.78% in 2021, then fell by -18bps to 72.95% in 2022, then grew by 21bps to 88.17% in 2023.
- Its Gross Margin stands at 88.17% for Q2 2023, versus 91.01% for Q1 2023 and 72.95% for Q4 2022.