Chemung Financial (CHMG) Rent Expense (2010 - 2026)
Chemung Financial's (CHMG) quarterly Rent Expense came in at $1.5 million in Q2 2026, up 8.04% year-over-year from $1.4 million in Q2 2025, and up 1.18% quarter-over-quarter from $1.5 million in Q1 2026.
Analysis
Chemung Financial (CHMG) Rent Expense (2010 - 2026) Analysis & Trends
Chemung Financial (CHMG) has reported Rent Expense for 17 consecutive years, with $1.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 8.04% year-over-year to $1.5 million in Q2 2026; TTM through Jun 2026 was $5.9 million, a 1.09% increase from a year earlier, with the FY2025 full-year figure at $5.8 million, changed 0.34% from the prior year.
- Rent Expense was $1.5 million for Q2 2026 at Chemung Financial, up from $1.5 million in the prior quarter.
- Over five years, Rent Expense peaked at $1.5 million in Q2 2026 and troughed at $1.3 million in Q3 2022.
- A 5-year average of $1.4 million and a median of $1.4 million in 2023 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense declined 11.38% in 2022 and grew 8.04% in 2026, its largest moves.
- Over 5 years, Rent Expense stood at $1.5 million in 2022, then slipped by 5.36% to $1.4 million in 2023, then gained by 5.52% to $1.5 million in 2024, then climbed by 0.34% to $1.5 million in 2025, then gained by 4.67% to $1.5 million in 2026.
- The last three Rent Expense figures came in at $1.5 million (Q2 2026), $1.5 million (Q1 2026), and $1.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 68.00 Mn |
| 10 | Chemung Financial | 398.21 Mn | 325.10 Mn | - | 1.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.55 Mn |
| Mar 31, 2026 | 1.53 Mn |
| Dec 31, 2025 | 1.48 Mn |
| Sep 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.43 Mn |
| Mar 31, 2025 | 1.53 Mn |
| Dec 31, 2024 | 1.47 Mn |
| Sep 30, 2024 | 1.42 Mn |
| Jun 30, 2024 | 1.45 Mn |
| Mar 31, 2024 | 1.49 Mn |
| Dec 31, 2023 | 1.40 Mn |
| Sep 30, 2023 | 1.34 Mn |
| Jun 30, 2023 | 1.44 Mn |
| Mar 31, 2023 | 1.47 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 1.27 Mn |
| Jun 30, 2022 | 1.37 Mn |
| Mar 31, 2022 | 1.43 Mn |
| Dec 31, 2021 | 1.43 Mn |
| Sep 30, 2021 | 1.43 Mn |