Chemung Financial (CHMG) Tax Rate (2016 - 2025)

Historic Tax Rate for Chemung Financial (CHMG) over the last 10 years, with Q3 2025 value amounting to 22.6%.

  • Chemung Financial's Tax Rate rose 16800.0% to 22.6% in Q3 2025 from the same period last year, while for Sep 2025 it was 19.27%, marking a year-over-year decrease of 15400.0%. This contributed to the annual value of 21.32% for FY2024, which is 6800.0% up from last year.
  • Latest data reveals that Chemung Financial reported Tax Rate of 22.6% as of Q3 2025, which was up 16800.0% from 26.77% recorded in Q2 2025.
  • Over the past 5 years, Chemung Financial's Tax Rate peaked at 26.77% during Q2 2025, and registered a low of 18.11% during Q4 2023.
  • For the 5-year period, Chemung Financial's Tax Rate averaged around 21.67%, with its median value being 21.46% (2023).
  • As far as peak fluctuations go, Chemung Financial's Tax Rate crashed by -37100bps in 2023, and later skyrocketed by 64300bps in 2025.
  • Chemung Financial's Tax Rate (Quarter) stood at 21.59% in 2021, then rose by 1bps to 21.83% in 2022, then decreased by -17bps to 18.11% in 2023, then increased by 17bps to 21.18% in 2024, then rose by 7bps to 22.6% in 2025.
  • Its Tax Rate was 22.6% in Q3 2025, compared to 26.77% in Q2 2025 and 21.65% in Q1 2025.