Chemung Financial (CHMG) Research & Development (2010 - 2026)
Chemung Financial's (CHMG) quarterly Research & Development came in at $2.6 million in Q2 2026, up 2.03% year-over-year from $2.6 million in Q2 2025, and up 3.12% quarter-over-quarter from $2.5 million in Q1 2026.
Analysis
Chemung Financial (CHMG) Research & Development (2010 - 2026) Analysis & Trends
Chemung Financial (CHMG) has reported Research & Development for 17 consecutive years, with $2.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 2.03% year-over-year to $2.6 million in Q2 2026; TTM through Jun 2026 was $10.1 million, a 2.11% decrease from a year earlier, with the FY2025 full-year figure at $10.0 million, changed 0.45% from the prior year.
- Research & Development was $2.6 million for Q2 2026 at Chemung Financial, up from $2.5 million in the prior quarter.
- Over five years, Research & Development peaked at $2.7 million in Q4 2024 and troughed at $2.1 million in Q3 2022.
- A 5-year average of $2.4 million and a median of $2.5 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development advanced 20.51% in 2022 and retreated 9.0% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $2.2 million in 2022, then increased by 15.11% to $2.5 million in 2023, then gained by 5.99% to $2.7 million in 2024, then decreased by 9.0% to $2.4 million in 2025, then increased by 8.19% to $2.6 million in 2026.
- The last three Research & Development figures came in at $2.6 million (Q2 2026), $2.5 million (Q1 2026), and $2.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 108.00 Mn |
| 10 | Chemung Financial | 398.21 Mn | 325.10 Mn | - | 2.62 Mn |
Historic Data
Download Data
Historic 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 |