Chemung Financial (CHMG) Loans - Loss Allowance (2010 - 2026)
Chemung Financial (CHMG) posted quarterly Loans - Loss Allowance of $24.9 million for Q1 2026, up 10.51% year-over-year from $22.5 million in Q1 2025, and up 2.81% quarter-over-quarter from $24.2 million in Q4 2025.
Chemung Financial (CHMG) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
Chemung Financial (CHMG) has reported Loans - Loss Allowance for 17 consecutive years, with $24.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Loans - Loss Allowance rose 10.51% year-over-year to $24.9 million; the TTM figure through Mar 2026 stood at $24.9 million (up 10.51% YoY), while the FY2025 annual figure was $24.2 million, up 13.19% from the prior year.
- Loans - Loss Allowance improved to $24.9 million in Q1 2026 per CHMG's latest filing, from $24.2 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $24.9 million in Q1 2026 and bottomed at $17.5 million in Q2 2022.
- Historically, Loans - Loss Allowance has averaged $21.2 million across 5 years, with a median of $21.0 million in 2024.
- Annual changes were most pronounced in 2022 — Loans - Loss Allowance decreased 15.43% — and 2023, when it advanced 15.37%.
- Chemung Financial's Loans - Loss Allowance stood at $19.7 million in 2022, then grew by 14.54% to $22.5 million in 2023, then declined by 5.01% to $21.4 million in 2024, then gained by 13.19% to $24.2 million in 2025, then climbed by 2.81% to $24.9 million in 2026.
- Business Quant data shows CHMG's Loans - Loss Allowance at $24.9 million in Q1 2026, $24.2 million in Q4 2025, and $23.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | Chemung Financial | 394.47 Mn | 321.35 Mn | - | 25.23 Mn |
Historic Data
Download 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 |