Chemung Financial Corporation (CHMG)

Chemung Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	117.37	112.13	97.23	68.05	58.86	59.09
Interest Income on Investments	13.84	15.44	15.85	13.42	10.15	7.82
Total Interest Income	131.21	127.56	113.07	81.48	69.01	66.91
Interest Paid on Deposits	44.59	50.05	35.93	6.66	3.28	3.83
Interest Paid on Borrowings	3.49	3.45	2.69	0.64	0.14	0.16
Total Interest Expense	48.08	53.51	38.62	7.3	3.42	3.99
Net Interest Income	83.13	74.06	74.46	74.18	65.59	62.92
Net Interest Income Growth (YoY)	15.25%	-0.53%	0.38%	13.10%	4.24%	3.81%
Trust Income	11.85	11.57	10.46	10.28	11.07	9.49
Gain (Loss) on Sale of Investments	-17.36	0.18	0.06	-0.35	0.25	0.09
Other Non-Interest Income	8.18	7.24	9.93	7.55	8.28	6.76
Total Non-Interest Income	7.33	23.23	24.55	21.44	23.87	21.12
Non-Interest Income Growth (YoY)	-68.20%	-5.37%	14.52%	-10.20%	13.00%	5.24%
Revenues Before Loan Losses	90.46	97.29	99.01	95.62	89.46	84.04
Provision for Loan Losses	3.85	-0.05	3.26	-0.55	0.02	4.24
Revenue	86.61	97.34	95.74	96.17	89.44	79.8
Revenue Growth (YoY)	-7.35%	1.66%	-0.44%	7.52%	12.08%	6.78%
Salaries and Employee Benefits	36.92	34.37	32.37	29.99	28.23	27.67
Occupancy Expenses	4.11	4.83	4.64	4.54	4.87	4.89
Federal Deposit Insurance	1.73	2.12	2.13	1.36	1.41	0.99
Amortization of Goodwill & Intangibles	-	-	-	0.02	0.24	0.48
Selling, General & Administrative	18.92	17.55	16.94	16.02	14.6	14.13
Other Non-Interest Expense	8.43	8.22	8.19	7.36	6.29	7.68
Total Non-Interest Expense	70.16	67.25	64.24	59.28	55.68	55.94
EBT Excluding Unusual Items	16.45	30.09	31.5	36.89	33.76	23.87
Pretax Income	16.45	30.09	31.5	36.89	33.76	23.87
Income Tax Expense	3.17	6.41	6.5	8.11	7.34	4.61
Net Income	13.28	23.67	25	28.78	26.43	19.26
Net Income to Common	13.41	23.67	25	28.78	26.43	19.26
Net Income Growth	-38.42%	-5.32%	-13.14%	8.92%	37.19%	23.40%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	1.64%	0.80%	0.83%	0.21%	-2.48%	-1.38%
EPS (Basic)	2.80	4.96	5.28	6.13	5.64	4.01
EPS (Diluted)	2.80	4.96	5.28	6.13	5.64	4.01
EPS Growth	-38.14%	-6.07%	-13.86%	8.69%	40.72%	25.09%
Dividend Per Share	1.290	1.240	1.240	1.240	1.190	1.040
Dividend Growth	4.03%	-	-	4.20%	14.42%	-
Effective Tax Rate	19.27%	21.32%	20.64%	21.97%	21.73%	19.30%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q