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.
- As of Q3 2025, Chemung Financial's Loans - Loss Allowance stood at $23.6 million, which was up 4.32% from $22.7 million recorded in Q2 2025.
- In the past 5 years, Chemung Financial's Loans - Loss Allowance ranged from a high of $23.6 million in Q3 2025 and a low of $17.5 million during Q2 2022.
- Moreover, its 3-year median value for Loans - Loss Allowance was $21.4 million (2024), whereas its average is $21.5 million.
- In the last 5 years, Chemung Financial's Loans - Loss Allowance dropped by 20.30% in 2021 and then increased by 15.37% in 2023.
- Quarterly analysis of 5 years shows Chemung Financial's Loans - Loss Allowance 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 grew by 10.28% to $23.6 million in 2025.
- Its Loans - Loss Allowance stands at $23.6 million for Q3 2025, versus $22.7 million for Q2 2025 and $22.5 million for Q1 2025.