Chemung Financial (CHMG) Tax Provisions (2010 - 2026)
Chemung Financial (CHMG) posted quarterly Tax Provisions of $2.6 million for Q1 2026, up 58.77% year-over-year from $1.7 million in Q1 2025, and down 18.76% quarter-over-quarter from $3.3 million in Q4 2025.
Chemung Financial (CHMG) Tax Provisions (2010 - 2026) Analysis & Trends
Chemung Financial (CHMG) has reported Tax Provisions for 17 consecutive years, with $2.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 58.77% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $5.8 million (down 3.81% YoY), while the FY2025 annual figure was $4.8 million, down 24.66% from the prior year.
- Tax Provisions fell to $2.6 million in Q1 2026 per CHMG's latest filing, from $3.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $3.3 million in Q4 2025 and bottomed at -$2.4 million in Q2 2025.
- Historically, Tax Provisions has averaged $1.7 million across 5 years, with a median of $2.0 million in 2022.
- On a YoY basis, Tax Provisions climbed as much as 104.66% in 2025 and fell as far as 285.16% in 2025.
- Chemung Financial's Tax Provisions stood at $2.1 million in 2022, then slumped by 59.51% to $841000.0 in 2023, then jumped by 88.94% to $1.6 million in 2024, then jumped by 104.66% to $3.3 million in 2025, then decreased by 18.76% to $2.6 million in 2026.
- Business Quant data shows CHMG's Tax Provisions at $2.6 million in Q1 2026, $3.3 million in Q4 2025, and $2.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | Chemung Financial | 390.84 Mn | 317.73 Mn | - | 2.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.48 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Dec 31, 2025 | 3.25 Mn |
| Sep 30, 2025 | 2.28 Mn |
| Jun 30, 2025 | -2.36 Mn |
| Mar 31, 2025 | 1.66 Mn |
| Dec 31, 2024 | 1.59 Mn |
| Sep 30, 2024 | 1.51 Mn |
| Jun 30, 2024 | 1.27 Mn |
| Mar 31, 2024 | 2.04 Mn |
| Dec 31, 2023 | 841,000.00 |
| Sep 30, 2023 | 2.06 Mn |
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | 1.99 Mn |
| Dec 31, 2022 | 2.08 Mn |
| Sep 30, 2022 | 1.74 Mn |
| Jun 30, 2022 | 2.34 Mn |
| Mar 31, 2022 | 1.95 Mn |
| Dec 31, 2021 | 1.78 Mn |
| Sep 30, 2021 | 1.70 Mn |