Chemung Financial (CHMG) Non Operating Interest Expenses (2010 - 2024)
Chemung Financial's (CHMG) quarterly Non Operating Interest Expenses came in at $13.1 million in Q1 2024, up 108.98% year-over-year from $6.3 million in Q2 2023, and up 8.2% quarter-over-quarter from $12.1 million in Q4 2023.
Analysis
Chemung Financial (CHMG) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Chemung Financial (CHMG) has reported Non Operating Interest Expenses for 15 consecutive years, with $13.1 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 108.98% year-over-year to $13.1 million in Q1 2024; TTM through Mar 2024 was $45.5 million, a 255.24% increase from a year earlier, with the FY2025 full-year figure at $2.0 million, changed N/A from the prior year.
- Non Operating Interest Expenses was $13.1 million for Q1 2024 at Chemung Financial, up from $12.1 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $13.1 million in Q1 2024 and troughed at $781000.0 in Q1 2022.
- A 5-year average of $3.9 million and a median of $954000.0 in 2021 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses tumbled 49.28% in 2020 and soared 925.75% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $940000.0 in 2020, then retreated by 15.11% to $798000.0 in 2021, then jumped by 352.26% to $3.6 million in 2022, then surged by 236.24% to $12.1 million in 2023, then gained by 8.2% to $13.1 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $13.1 million (Q1 2024), $12.1 million (Q4 2023), and $11.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | Chemung Financial | 398.21 Mn | 325.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 13.13 Mn |
| Dec 31, 2023 | 12.14 Mn |
| Sep 30, 2023 | 11.00 Mn |
| Jun 30, 2023 | 9.20 Mn |
| Mar 31, 2023 | 6.28 Mn |
| Dec 31, 2022 | 3.61 Mn |
| Sep 30, 2022 | 2.01 Mn |
| Jun 30, 2022 | 897,000.00 |
| Mar 31, 2022 | 781,000.00 |
| Dec 31, 2021 | 798,000.00 |
| Sep 30, 2021 | 801,000.00 |
| Jun 30, 2021 | 866,000.00 |
| Mar 31, 2021 | 954,000.00 |
| Dec 31, 2020 | 940,000.00 |
| Sep 30, 2020 | 845,000.00 |
| Jun 30, 2020 | 881,000.00 |
| Mar 31, 2020 | 1.32 Mn |
| Dec 31, 2019 | 1.58 Mn |
| Sep 30, 2019 | 1.67 Mn |
| Jun 30, 2019 | 1.58 Mn |