Chemung Financial (CHMG) Tax Rate: 2016-2025
Historic Tax Rate for Chemung Financial (CHMG) over the last 10 years, with Sep 2025 value amounting to 22.60%.
- Chemung Financial's Tax Rate rose 168.00% to 22.60% in Q3 2025 from the same period last year, while for Sep 2025 it was 19.27%, marking a year-over-year decrease of 154.00%. This contributed to the annual value of 21.32% for FY2024, which is 68.00% up from last year.
- Per Chemung Financial's latest filing, its Tax Rate stood at 22.60% for Q3 2025, which was down 15.59% from 26.77% recorded in Q2 2025.
- In the past 5 years, Chemung Financial's Tax Rate registered a high of 26.77% during Q2 2025, and its lowest value of 18.11% during Q4 2023.
- Its 3-year average for Tax Rate is 21.56%, with a median of 21.22% in 2023.
- In the last 5 years, Chemung Financial's Tax Rate plummeted by 371bps in 2023 and then skyrocketed by 643bps in 2025.
- Chemung Financial's Tax Rate (Quarterly) stood at 21.59% in 2021, then grew by 24bps to 21.83% in 2022, then slumped by 371bps to 18.11% in 2023, then skyrocketed by 306bps to 21.18% in 2024, then skyrocketed by 168bps to 22.60% in 2025.
- Its Tax Rate stands at 22.60% for Q3 2025, versus 26.77% for Q2 2025 and 21.65% for Q1 2025.