Chemung Financial (CHMG) Loans - Loss Allowance: 2016-2025
Historic Loans - Loss Allowance for Chemung Financial (CHMG) over the last 10 years, with Sep 2025 value amounting to $23.6 million.
- Chemung Financial's Loans - Loss Allowance rose 10.28% to $23.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $23.6 million, marking a year-over-year increase of 10.28%. This contributed to the annual value of $21.4 million for FY2024, which is 5.01% down from last year.
- Per Chemung Financial's latest filing, its Loans - Loss Allowance stood at $23.6 million for Q3 2025, which was up 4.32% from $22.7 million recorded in Q2 2025.
- Chemung Financial's Loans - Loss Allowance's 5-year high stood at $23.6 million during Q3 2025, with a 5-year trough of $17.5 million in Q2 2022.
- Over the past 3 years, Chemung Financial's median Loans - Loss Allowance value was $21.4 million (recorded in 2024), while the average stood at $21.5 million.
- Per our database at Business Quant, Chemung Financial's Loans - Loss Allowance fell by 20.30% in 2021 and then rose by 15.37% in 2023.
- Chemung Financial's Loans - Loss Allowance (Quarterly) stood at $21.0 million in 2021, then dropped by 6.50% to $19.7 million in 2022, then rose by 14.54% to $22.5 million in 2023, then fell by 5.01% to $21.4 million in 2024, then rose by 10.28% to $23.6 million in 2025.
- Its Loans - Loss Allowance was $23.6 million in Q3 2025, compared to $22.7 million in Q2 2025 and $22.5 million in Q1 2025.