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

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

• Operating Income for Q2 2023 came in at -$15.0 million, up 13.01% year-over-year; the trailing twelve-month figure through Jun 2023 was -$60.3 million (up 1.31% YoY), and the FY2023 annual result was -$64.3 million, down 7.92% from the prior year.
• Operating Income improved to -$15.0 million in Q2 2023 per CHMG's latest filing, from -$16.1 million in the prior quarter.
• Over five years, Operating Income peaked at -$10.9 million in Q1 2021 and troughed at -$19.0 million in Q4 2020.
• A 5-year average of -$14.5 million and a median of -$14.2 million in 2019 frame the typical range for Operating Income.
• The sharpest annual moves came in 2021 and 2023: Operating Income advanced 22.41% in 2021, then slumped 32.51% in 2023.
• A 5-year view of Operating Income shows it stood at -$15.1 million in 2019, then retreated by 25.72% to -$19.0 million in 2020, then grew by 8.37% to -$17.4 million in 2021, then advanced by 9.84% to -$15.7 million in 2022, then rose by 4.06% to -$15.0 million in 2023.
• Business Quant data shows CHMG's Operating Income at -$15.0 million in Q2 2023, -$16.1 million in Q1 2023, and -$15.7 million in Q4 2022.