Chemung Financial (CHMG) Tax Provisions: 2009-2024

Historic Tax Provisions for Chemung Financial (CHMG) over the last 16 years, with Dec 2024 value amounting to $6.4 million.

  • Chemung Financial's Tax Provisions rose 50.36% to $2.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.2 million, marking a year-over-year decrease of 44.07%. This contributed to the annual value of $6.4 million for FY2024, which is 1.34% down from last year.
  • As of FY2024, Chemung Financial's Tax Provisions stood at $6.4 million, which was down 1.34% from $6.5 million recorded in FY2023.
  • In the past 5 years, Chemung Financial's Tax Provisions registered a high of $8.1 million during FY2022, and its lowest value of $4.6 million during FY2020.
  • Moreover, its 3-year median value for Tax Provisions was $6.5 million (2023), whereas its average is $7.0 million.
  • Per our database at Business Quant, Chemung Financial's Tax Provisions skyrocketed by 59.21% in 2021 and then decreased by 19.80% in 2023.
  • Chemung Financial's Tax Provisions (Yearly) stood at $4.6 million in 2020, then skyrocketed by 59.21% to $7.3 million in 2021, then climbed by 10.51% to $8.1 million in 2022, then fell by 19.80% to $6.5 million in 2023, then dropped by 1.34% to $6.4 million in 2024.