Chemung Financial (CHMG) Loans - Loss Allowance (2010 - 2026)
Chemung Financial (CHMG) reported Loans - Loss Allowance of $25.23 million for Q2 2026, up 11.3% from $22.67 million a year earlier and up 1.4% from the prior quarter.
Chemung Financial (CHMG) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
At the end of FY2025, Chemung Financial posted Loans - Loss Allowance of $24.21 million, up 13.2% from FY2024.
- Loans - Loss Allowance has a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
- By year, Loans - Loss Allowance came in at $21.39 million in FY2024 (-5.0%), $22.52 million in FY2023 (+14.5%), $19.66 million in FY2022 (-6.5%) and $21.03 million in FY2021 (+0.5%).
- The Q2 2026 figure ranks as the highest quarterly Loans - Loss Allowance since Q1 2020.
- Year over year, Loans - Loss Allowance has now increased in each of the last six quarters, with growth averaging 8.0% over the last eight quarters.
- The high point for year-over-year Loans - Loss Allowance in five years was Q2 2023 (growth of 15.4%); the low point was Q2 2022 (a decline of 15.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $24.89 million (Q1 2026), $24.21 million (Q4 2025) and $23.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 26.15 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 347,603.00 |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 13.11 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | -5.33 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | -331.64 Mn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.91 Bn |
| 10 | Chemung Financial | 389.86 Mn | 105.64 Mn | - | 25.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.23 Mn |
| Mar 31, 2026 | 24.89 Mn |
| Dec 31, 2025 | 24.21 Mn |
| Sep 30, 2025 | 23.65 Mn |
| Jun 30, 2025 | 22.67 Mn |
| Mar 31, 2025 | 22.52 Mn |
| Dec 31, 2024 | 21.39 Mn |
| Sep 30, 2024 | 21.44 Mn |
| Jun 30, 2024 | 21.03 Mn |
| Mar 31, 2024 | 20.47 Mn |
| Dec 31, 2023 | 22.52 Mn |
| Sep 30, 2023 | 20.25 Mn |
| Jun 30, 2023 | 20.17 Mn |
| Mar 31, 2023 | 20.08 Mn |
| Dec 31, 2022 | 19.66 Mn |
| Sep 30, 2022 | 18.63 Mn |
| Jun 30, 2022 | 17.49 Mn |
| Mar 31, 2022 | 19.93 Mn |
| Dec 31, 2021 | 21.03 Mn |
| Sep 30, 2021 | 20.94 Mn |
Chemung Financial Loans - Loss Allowance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=CHMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "CHMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=CHMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();