Chemung Financial (CHMG) Gross Profit (2017 - 2023)

Chemung Financial (CHMG) has disclosed Gross Profit for 7 consecutive years, with -$308000.0 as the latest value for Q2 2023.

  • Quarterly Gross Profit fell 75.0% to -$308000.0 in Q2 2023 from the year-ago period, while the trailing twelve-month figure was $559000.0 through Jun 2023, up 220.73% year-over-year, with the annual reading at -$52000.0 for FY2023, 82.49% up from the prior year.
  • Gross Profit for Q2 2023 was -$308000.0 at Chemung Financial, down from $901000.0 in the prior quarter.
  • The five-year high for Gross Profit was $1.0 million in Q3 2021, with the low at -$6.5 million in Q4 2019.
  • Average Gross Profit over 5 years is -$330722.2, with a median of -$183000.0 recorded in 2019.
  • Peak annual rise in Gross Profit hit 724.65% in 2019, while the deepest fall reached 3732.22% in 2019.
  • Over 5 years, Gross Profit stood at -$6.5 million in 2019, then surged by 94.26% to -$375000.0 in 2020, then plummeted by 196.8% to -$1.1 million in 2021, then soared by 102.7% to $30000.0 in 2022, then plummeted by 1126.67% to -$308000.0 in 2023.
  • According to Business Quant data, Gross Profit over the past three periods came in at -$308000.0, $901000.0, and $30000.0 for Q2 2023, Q1 2023, and Q4 2022 respectively.