Chemung Financial (CHMG) Operating Income (2017 - 2023)

Chemung Financial's (CHMG) quarterly Operating Income came in at -$15.0 million in Q2 2023, down 3.51% year-on-year from -$15.6 million in Q2 2022, and up 6.48% on a QoQ basis from -$16.1 million in Q1 2023.

Chemung Financial (CHMG) Operating Income (2017 - 2023) Analysis & Trends

Chemung Financial (CHMG) has 7 years of Operating Income data on file, last reported at -$15.0 million in Q2 2023.

  • On a quarterly basis, Operating Income fell 3.51% year-over-year to -$15.0 million in Q2 2023; TTM through Jun 2023 was -$57.7 million, a 8.2% decrease from a year earlier, with the FY2023 full-year figure at -$65.3 million, down 15.57% from the prior year.
  • Operating Income for Q2 2023 stood at -$15.0 million, up from -$16.1 million in the prior quarter.
  • Over the last five years, Operating Income for CHMG reached as high as -$11.4 million in Q1 2019 and fell as low as -$18.1 million in Q4 2019.
  • Historically, Operating Income has averaged -$14.1 million across 5 years, with a median of -$13.7 million in 2019.
  • Across the five-year window, Operating Income gained 20.36% in 2019 and plunged 32.51% in 2023, its largest moves.
  • Year by year, Operating Income stood at -$18.1 million in 2019, then increased by 10.88% to -$16.1 million in 2020, then climbed by 15.33% to -$13.7 million in 2021, then advanced by 3.88% to -$13.1 million in 2022, then fell by 14.52% to -$15.0 million in 2023.
  • Per Business Quant data, the three most recent Operating Income figures were -$15.0 million in Q2 2023, -$16.1 million in Q1 2023, and -$13.1 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 832.02 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - 1.47 Bn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 346,782.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - -
6 Landmark Bancorp 187.97 Bn 187.94 Bn - -
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - -
10 Chemung Financial 393.26 Mn 339.89 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 -15.03 Mn
Mar 31, 2023 -16.07 Mn
Dec 31, 2022 -13.12 Mn
Sep 30, 2022 -13.52 Mn
Jun 30, 2022 -14.52 Mn
Mar 31, 2022 -12.13 Mn
Dec 31, 2021 -13.65 Mn
Sep 30, 2021 -13.06 Mn
Jun 30, 2021 -14.14 Mn
Mar 31, 2021 -13.59 Mn
Dec 31, 2020 -16.12 Mn
Sep 30, 2020 -13.66 Mn
Jun 30, 2020 -13.26 Mn
Mar 31, 2020 -14.06 Mn
Dec 31, 2019 -18.09 Mn
Sep 30, 2019 -13.70 Mn
Jun 30, 2019 -14.01 Mn
Mar 31, 2019 -11.42 Mn
Dec 31, 2018 -17.39 Mn
Sep 30, 2018 -13.69 Mn