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

Chemung Financial (CHMG) has 17 years of Tax Rate data on file, last reported at 22.31% in Q1 2026.

• Tax Rate for Q1 2026 came in at 22.31%, up 67.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.12% (up 306.0% YoY), and the FY2025 annual result was 24.24%, up 292.0% from the prior year.
• Tax Rate eased to 22.31% in Q1 2026 per CHMG's latest filing, from 29.58% in the prior quarter.
• Over five years, Tax Rate peaked at 29.58% in Q4 2025 and troughed at 18.11% in Q4 2023.
• A 5-year average of 22.16% and a median of 21.65% in 2025 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2023 and 2025: Tax Rate slumped 371 bps in 2023, then surged 840 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 21.83% in 2022, then declined by 17 bps to 18.11% in 2023, then advanced by 17 bps to 21.18% in 2024, then surged by 40 bps to 29.58% in 2025, then retreated by 25 bps to 22.31% in 2026.
• Business Quant data shows CHMG's Tax Rate at 22.31% in Q1 2026, 29.58% in Q4 2025, and 22.6% in Q3 2025.