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Chemung Financial (CHMG) Operating Expenses: 2009-2024

Historic Operating Expenses for Chemung Financial (CHMG) over the last 16 years, with Dec 2024 value amounting to $67.2 million.

  • Chemung Financial's Operating Expenses rose 6.87% to $17.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $70.2 million, marking a year-over-year increase of 5.90%. This contributed to the annual value of $67.2 million for FY2024, which is 4.68% up from last year.
  • According to the latest figures from FY2024, Chemung Financial's Operating Expenses is $67.2 million, which was up 4.68% from $64.2 million recorded in FY2023.
  • Over the past 5 years, Chemung Financial's Operating Expenses peaked at $67.2 million during FY2024, and registered a low of $55.7 million during FY2021.
  • Moreover, its 3-year median value for Operating Expenses was $64.2 million (2023), whereas its average is $63.6 million.
  • Per our database at Business Quant, Chemung Financial's Operating Expenses fell by 0.45% in 2021 and then rose by 8.37% in 2023.
  • Yearly analysis of 5 years shows Chemung Financial's Operating Expenses stood at $55.9 million in 2020, then decreased by 0.45% to $55.7 million in 2021, then rose by 6.46% to $59.3 million in 2022, then climbed by 8.37% to $64.2 million in 2023, then increased by 4.68% to $67.2 million in 2024.