Chemung Financial (CHMG) Research & Development (2010 - 2026)
Chemung Financial (CHMG) posted quarterly Research & Development of $2.5 million for Q1 2026, little changed year-over-year from $2.5 million in Q1 2025, and up 4.92% quarter-over-quarter from $2.4 million in Q4 2025.
Chemung Financial (CHMG) Research & Development (2010 - 2026) Analysis & Trends
Chemung Financial (CHMG) has reported Research & Development for 17 consecutive years, with $2.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development changed 0.08% year-over-year to $2.5 million; the TTM figure through Mar 2026 stood at $10.0 million (changed 0.04% YoY), while the FY2025 annual figure was $10.0 million, changed 0.45% from the prior year.
- Research & Development rose to $2.5 million in Q1 2026 per CHMG's latest filing, from $2.4 million in the prior quarter.
- Across five years, Research & Development topped out at $2.7 million in Q4 2024 and bottomed at $2.1 million in Q3 2022.
- Historically, Research & Development has averaged $2.4 million across 5 years, with a median of $2.5 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development climbed 20.51% — and 2025, when it decreased 9.0%.
- Chemung Financial's Research & Development stood at $2.2 million in 2022, then gained by 15.11% to $2.5 million in 2023, then climbed by 5.99% to $2.7 million in 2024, then dropped by 9.0% to $2.4 million in 2025, then advanced by 4.92% to $2.5 million in 2026.
- Business Quant data shows CHMG's Research & Development at $2.5 million in Q1 2026, $2.4 million in Q4 2025, and $2.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Chemung Financial | 390.84 Mn | 317.73 Mn | - | 2.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.62 Mn |
| Mar 31, 2026 | 2.54 Mn |
| Dec 31, 2025 | 2.42 Mn |
| Sep 30, 2025 | 2.53 Mn |
| Jun 30, 2025 | 2.56 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Dec 31, 2024 | 2.66 Mn |
| Sep 30, 2024 | 2.57 Mn |
| Jun 30, 2024 | 2.30 Mn |
| Mar 31, 2024 | 2.57 Mn |
| Dec 31, 2023 | 2.51 Mn |
| Sep 30, 2023 | 2.48 Mn |
| Jun 30, 2023 | 2.47 Mn |
| Mar 31, 2023 | 2.38 Mn |
| Dec 31, 2022 | 2.18 Mn |
| Sep 30, 2022 | 2.09 Mn |
| Jun 30, 2022 | 2.47 Mn |
| Mar 31, 2022 | 2.19 Mn |
| Dec 31, 2021 | 2.26 Mn |
| Sep 30, 2021 | 2.21 Mn |