Chemung Financial CHMG
NASDAQ CHMG
$79.69 -0.82 (-1.02%)
At close: Oct 19, 2026 · 4:00 PM EDT

Chemung Financial Corp (CHMG) Tax Rate (2010 - 2026)

Updated

Chemung Financial's Tax Rate was 21.97% in Q2 2026, down 4.80 percentage points from 26.77% a year earlier and down 0.34 percentage points from the prior quarter.

Analysis

Chemung Financial Corp (CHMG) Tax Rate (2010 - 2026) Analysis & Trends

On a trailing twelve-month basis, Chemung Financial's Tax Rate was 24.10% through Jun 30, 2026, up 6.42 percentage points year-over-year; for FY2025, it was 24.24%, up 2.92 percentage points from FY2024.

  • Tax Rate shows a five-year change of +4.94 percentage points (FY2020 to FY2025).
  • In earlier years, Tax Rate was 21.32% in FY2024 (+0.68 pp), 20.64% in FY2023 (-1.34 pp), 21.97% in FY2022 (+0.25 pp) and 21.73% in FY2021 (+2.43 pp).
  • The Q2 2026 figure marks the lowest quarterly Tax Rate since Q1 2025.
  • Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +1.80 percentage points.
  • The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 8.40 percentage points); the worst was Q2 2026 (a drop of 4.80 percentage points).
  • Per Business Quant data, CHMG's Tax Rate in the three quarters before Q2 2026 was 22.31% (Q1 2026), 29.58% (Q4 2025) and 22.60% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.97%
Mar 31, 2026 22.31%
Dec 31, 2025 29.58%
Sep 30, 2025 22.60%
Mar 31, 2025 21.65%
Dec 31, 2024 21.18%
Sep 30, 2024 20.92%
Jun 30, 2024 20.35%
Mar 31, 2024 22.43%
Dec 31, 2023 18.11%
Sep 30, 2023 21.22%
Jun 30, 2023 20.44%
Mar 31, 2023 21.46%
Dec 31, 2022 21.83%
Sep 30, 2022 21.25%
Jun 30, 2022 22.56%
Mar 31, 2022 22.12%
Dec 31, 2021 21.59%
Sep 30, 2021 20.37%
Jun 30, 2021 23.39%
API Access

Chemung Financial Corp Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=CHMG&period=max&api_key=YOUR_API_KEY