Chemung Financial (CHMG) Gross Margin (2017 - 2023)
Chemung Financial (CHMG) reported Gross Margin of 74.2% for Q2 2023, down 3218.0% year-over-year from 2.38% in Q2 2022, and up 1641.33% on a QoQ basis from 4.26% in Q4 2022.
Chemung Financial (CHMG) has 7 years of Gross Margin data on file, last reported at 74.2% in Q2 2023.
- Quarterly Gross Margin fell 3218.0% year-over-year to 74.2% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 57.74% (down 7602.0% YoY) and the FY2023 annual result came in at 5.23%, up 3696.0% from the prior year.
- Gross Margin advanced to 74.2% in Q2 2023 per CHMG's latest filing, from 4.26% in the prior quarter.
- Across five years, Gross Margin topped out at 187.96% in Q2 2019 and bottomed at 4.26% in Q4 2022.
- The 5-year median for Gross Margin is 92.2% (2022), against an average of 86.95%.
- The widest annual swing landed in 2019, when Gross Margin soared 10644 bps; it then slumped 10758 bps in 2022.
- Tracing CHMG's Gross Margin over 5 years: stood at 187.96% in 2019, then plunged by 40 bps to 112.55% in 2020, then dropped by 1 bps to 111.84% in 2021, then plunged by 96 bps to 4.26% in 2022, then surged by 1641 bps to 74.2% in 2023.
- Per Business Quant, the three latest CHMG Gross Margin figures stand at 74.2% (Q2 2023), 4.26% (Q4 2022), and 94.32% (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | Chemung Financial | 332.62 Mn | 262.58 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 74.20% |
| Dec 31, 2022 | 4.26% |
| Sep 30, 2022 | 94.32% |
| Jun 30, 2022 | 106.38% |
| Mar 31, 2022 | 92.20% |
| Dec 31, 2021 | 111.84% |
| Mar 31, 2021 | 91.26% |
| Dec 31, 2020 | 112.55% |
| Sep 30, 2020 | 72.18% |
| Jun 30, 2019 | 187.96% |
| Mar 31, 2019 | 9.26% |
| Dec 31, 2018 | 375.56% |
| Jun 30, 2018 | 81.53% |
| Mar 31, 2018 | -53.64% |
| Dec 31, 2017 | 57.34% |
| Sep 30, 2017 | -132.39% |
| Jun 30, 2017 | -213.21% |