Chemung Financial (CHMG) Provision for Losses (2010 - 2026)
Chemung Financial (CHMG) reported Provision for Losses of $561,000 for Q2 2026, down 51.0% from $1.15 million a year earlier and down 6.7% from the prior quarter.
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Analysis
Chemung Financial (CHMG) Provision for Losses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Chemung Financial's Provision for Losses came in at $3.36 million, up 0.3% year-over-year; for FY2025, it was $4.44 million.
- Provision for Losses has a five-year compound annual growth rate of 0.9% (FY2020 to FY2025).
- By year, Provision for Losses came in at -$46,000 in FY2024, -$554,000 in FY2022 and $17,000 in FY2021 (-99.6%).
- The Q2 2026 figure ranks as the lowest quarterly Provision for Losses since Q4 2024.
- Year over year, Provision for Losses gained in four of the last six quarters, with growth averaging 25.8%.
- The high point for year-over-year Provision for Losses in five years was Q2 2024 (growth of 272.5%); the low point was Q4 2021 (a decline of 72.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $601,000 (Q1 2026), $1.14 million (Q4 2025) and $1.06 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provision for Losses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 2.74 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 1.30 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 368.00 Mn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 1.03 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Chemung Financial | 409.59 Mn | 161.17 Mn | - | -2.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.60 Mn |
| Jun 30, 2026 | 561,000.00 |
| Mar 31, 2026 | 601,000.00 |
| Dec 31, 2025 | 1.14 Mn |
| Sep 30, 2025 | 1.06 Mn |
| Jun 30, 2025 | 1.15 Mn |
| Mar 31, 2025 | 1.09 Mn |
| Dec 31, 2024 | 551,000.00 |
| Sep 30, 2024 | 564,000.00 |
| Jun 30, 2024 | 879,000.00 |
| Mar 31, 2024 | -2.04 Mn |
| Sep 30, 2023 | 449,000.00 |
| Jun 30, 2023 | 236,000.00 |
| Mar 31, 2023 | 277,000.00 |
| Dec 31, 2022 | 1.08 Mn |
| Sep 30, 2022 | 1.26 Mn |
| Jun 30, 2022 | -1.74 Mn |
| Mar 31, 2022 | -1.15 Mn |
| Dec 31, 2021 | 70,000.00 |
| Sep 30, 2021 | 356,000.00 |
API Access
Chemung Financial Provision for Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-losses&ticker=CHMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-losses", "ticker": "CHMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-losses&ticker=CHMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();