Chemung Financial (CHMG) Tax Rate (2010 - 2026)
Chemung Financial (CHMG) reported Tax Rate of 22.31% for Q1 2026, up 67.0% year-over-year from 13.36% in Q1 2025, and down 24.58% on a QoQ basis from 29.58% in Q4 2025.
Chemung Financial (CHMG) has 17 years of Tax Rate data on file, last reported at 22.31% in Q1 2026.
- Quarterly Tax Rate rose 67.0% year-over-year to 22.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.12% (up 306.0% YoY) and the FY2025 annual result came in at 24.24%, up 292.0% from the prior year.
- Tax Rate declined to 22.31% in Q1 2026 per CHMG's latest filing, from 29.58% in the prior quarter.
- Across five years, Tax Rate topped out at 29.58% in Q4 2025 and bottomed at 18.11% in Q4 2023.
- The 5-year median for Tax Rate is 21.65% (2025), against an average of 22.16%.
- The widest annual swing landed in 2023, when Tax Rate plunged 371 bps; it then soared 840 bps in 2025.
- Tracing CHMG's Tax Rate over 5 years: stood at 21.83% in 2022, then slipped by 17 bps to 18.11% in 2023, then rose by 17 bps to 21.18% in 2024, then soared by 40 bps to 29.58% in 2025, then declined by 25 bps to 22.31% in 2026.
- Per Business Quant, the three latest CHMG Tax Rate figures stand at 22.31% (Q1 2026), 29.58% (Q4 2025), and 22.6% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Chemung Financial | 332.62 Mn | 262.58 Mn | - | 22.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.31 |
| Mar 31, 2026 | 22.31 |
| Dec 31, 2025 | 29.58 |
| Dec 31, 2025 | 29.58 |
| Sep 30, 2025 | 22.60 |
| Sep 30, 2025 | 22.60 |
| Jun 30, 2025 | 26.77 |
| Jun 30, 2025 | 26.77 |
| Mar 31, 2025 | 21.65 |
| Mar 31, 2025 | 21.65 |
| Dec 31, 2024 | 21.18 |
| Dec 31, 2024 | 21.18 |
| Sep 30, 2024 | 20.92 |
| Sep 30, 2024 | 20.92 |
| Jun 30, 2024 | 20.35 |
| Jun 30, 2024 | 20.35 |
| Mar 31, 2024 | 22.43 |
| Mar 31, 2024 | 22.43 |
| Dec 31, 2023 | 18.11 |
| Dec 31, 2023 | 18.11 |
| Sep 30, 2023 | 21.22 |
| Sep 30, 2023 | 21.22 |
| Jun 30, 2023 | 20.44 |
| Jun 30, 2023 | 20.44 |
| Mar 31, 2023 | 21.46 |
| Mar 31, 2023 | 21.46 |
| Dec 31, 2022 | 21.83 |
| Dec 31, 2022 | 21.83 |
| Sep 30, 2022 | 21.25 |
| Sep 30, 2022 | 21.25 |
| Jun 30, 2022 | 22.56 |
| Jun 30, 2022 | 22.56 |
| Mar 31, 2022 | 22.12 |
| Mar 31, 2022 | 22.12 |
| Dec 31, 2021 | 21.59 |
| Dec 31, 2021 | 21.59 |
| Sep 30, 2021 | 20.37 |
| Sep 30, 2021 | 20.37 |
| Jun 30, 2021 | 23.39 |
| Jun 30, 2021 | 23.39 |
| Mar 31, 2021 | 21.45 |
| Mar 31, 2021 | 21.45 |
| Dec 31, 2020 | 19.80 |
| Dec 31, 2020 | 19.80 |
| Sep 30, 2020 | 20.32 |
| Sep 30, 2020 | 20.32 |
| Jun 30, 2020 | 18.89 |
| Jun 30, 2020 | 18.89 |
| Mar 31, 2020 | 16.77 |
| Mar 31, 2020 | 16.77 |
| Dec 31, 2019 | 19.08 |
| Dec 31, 2019 | 19.08 |
| Sep 30, 2019 | 8.26 |
| Sep 30, 2019 | 8.26 |
| Jun 30, 2019 | 19.84 |
| Jun 30, 2019 | 19.84 |
| Mar 31, 2019 | 18.79 |
| Mar 31, 2019 | 18.79 |
| Dec 31, 2018 | 10.33 |
| Dec 31, 2018 | 10.33 |
| Sep 30, 2018 | 20.64 |
| Sep 30, 2018 | 20.64 |
| Jun 30, 2018 | 16.13 |
| Jun 30, 2018 | 16.13 |
| Mar 31, 2018 | 19.29 |
| Mar 31, 2018 | 19.29 |
| Dec 31, 2017 | 353.11 |
| Dec 31, 2017 | 353.11 |
| Sep 30, 2017 | 31.88 |
| Sep 30, 2017 | 31.88 |
| Jun 30, 2017 | 29.94 |
| Jun 30, 2017 | 29.94 |
| Mar 31, 2017 | 30.00 |
| Mar 31, 2017 | 30.00 |
| Dec 31, 2016 | 30.13 |
| Dec 31, 2016 | 30.13 |
| Sep 30, 2016 | 30.58 |
| Sep 30, 2016 | 30.58 |
| Jun 30, 2016 | 27.18 |
| Jun 30, 2016 | 27.18 |
| Mar 31, 2016 | 32.71 |
| Mar 31, 2016 | 32.71 |
| Dec 31, 2015 | 32.11 |
| Dec 31, 2015 | 32.11 |
| Sep 30, 2015 | 33.07 |
| Sep 30, 2015 | 33.07 |
| Jun 30, 2015 | 33.77 |
| Jun 30, 2015 | 33.77 |
| Mar 31, 2015 | 33.10 |
| Mar 31, 2015 | 33.10 |
| Dec 31, 2014 | 35.90 |
| Dec 31, 2014 | 35.90 |
| Sep 30, 2014 | 66.06 |
| Sep 30, 2014 | 66.06 |
| Jun 30, 2014 | 31.05 |
| Jun 30, 2014 | 31.05 |
| Mar 31, 2014 | 31.54 |
| Mar 31, 2014 | 31.54 |
| Dec 31, 2013 | 18.76 |
| Dec 31, 2013 | 18.76 |
| Sep 30, 2013 | 31.50 |
| Sep 30, 2013 | 31.50 |
| Jun 30, 2013 | 32.97 |
| Jun 30, 2013 | 32.97 |
| Mar 31, 2013 | 32.68 |
| Mar 31, 2013 | 32.68 |
| Dec 31, 2012 | 31.69 |
| Dec 31, 2012 | 31.69 |
| Sep 30, 2012 | 32.80 |
| Sep 30, 2012 | 32.80 |
| Jun 30, 2012 | 31.33 |
| Jun 30, 2012 | 31.33 |
| Mar 31, 2012 | 34.44 |
| Mar 31, 2012 | 34.44 |
| Dec 31, 2011 | 32.77 |
| Dec 31, 2011 | 32.77 |
| Sep 30, 2011 | 33.80 |
| Sep 30, 2011 | 33.80 |
| Jun 30, 2011 | 32.28 |
| Jun 30, 2011 | 32.28 |
| Mar 31, 2011 | 28.39 |
| Mar 31, 2011 | 28.39 |
| Dec 31, 2010 | 39.00 |
| Dec 31, 2010 | 39.00 |
| Sep 30, 2010 | 30.51 |
| Sep 30, 2010 | 30.51 |
| Jun 30, 2010 | 31.50 |
| Jun 30, 2010 | 31.50 |