Chemung Financial Corp (CHMG) Tax Rate (2010 - 2026)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CHMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CHMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();