CHMG
Income statement / Annual
Last year (2024), Chemung Financial Corporation's total revenue was $149.61 M,
an increase of 9.54% from the previous year.
In 2024, Chemung Financial Corporation's net income was $23.67 M.
See Chemung Financial Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$149.61 M |
$136.58 M |
$101.91 M |
$91.84 M |
$86.86 M |
$86.22 M |
$86.76 M |
$79.85 M |
$76.65 M |
$74.00 M |
| Cost of Revenue |
$53.46 M
|
$41.88 M
|
$6.74 M
|
$3.44 M
|
$8.23 M
|
$12.27 M
|
$7.23 M
|
$12.09 M
|
$6.28 M
|
$5.17 M
|
| Gross Profit |
$96.15 M
|
$94.70 M
|
$95.17 M
|
$88.41 M
|
$78.63 M
|
$73.95 M
|
$79.54 M
|
$67.76 M
|
$70.37 M
|
$68.83 M
|
| Gross Profit Ratio |
0.64
|
0.69
|
0.93
|
0.96
|
0.91
|
0.86
|
0.92
|
0.85
|
0.92
|
0.93
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$37.75 M
|
$35.65 M
|
$32.43 M
|
$31.91 M
|
$30.79 M
|
$29.86 M
|
$28.99 M
|
$28.22 M
|
$27.00 M
|
$28.21 M
|
| Selling & Marketing Expenses |
$1.18 M
|
$923.00 K
|
$941.00 K
|
$792.00 K
|
$631.00 K
|
$932.00 K
|
$1.18 M
|
$794.00 K
|
$877.00 K
|
$899.00 K
|
| Selling, General & Administrative Expenses |
$38.93 M
|
$36.58 M
|
$33.37 M
|
$32.70 M
|
$31.42 M
|
$30.79 M
|
$30.17 M
|
$29.02 M
|
$27.87 M
|
$29.11 M
|
| Other Expenses |
$27.14 M
|
$26.62 M
|
$24.91 M
|
$21.95 M
|
$23.34 M
|
$24.12 M
|
$25.73 M
|
$24.05 M
|
$28.07 M
|
$25.63 M
|
| Operating Expenses |
$66.07 M
|
$63.20 M
|
$58.28 M
|
$54.65 M
|
$54.76 M
|
$54.91 M
|
$55.90 M
|
$53.07 M
|
$55.94 M
|
$54.73 M
|
| Cost And Expenses |
$119.53 M
|
$105.08 M
|
$65.02 M
|
$58.08 M
|
$62.99 M
|
$67.18 M
|
$63.13 M
|
$65.16 M
|
$62.22 M
|
$59.91 M
|
| Interest Income |
$127.56 M
|
$113.07 M
|
$81.48 M
|
$69.01 M
|
$66.91 M
|
$66.93 M
|
$64.55 M
|
$60.06 M
|
$56.17 M
|
$54.24 M
|
| Interest Expense |
$53.51 M
|
$38.62 M
|
$7.30 M
|
$3.42 M
|
$3.99 M
|
$6.32 M
|
$4.07 M
|
$3.07 M
|
$3.84 M
|
$3.60 M
|
| Depreciation & Amortization |
$2.02 M
|
$2.80 M
|
$3.03 M
|
$3.50 M
|
$4.24 M
|
$4.43 M
|
$4.17 M
|
$4.56 M
|
$5.19 M
|
$5.18 M
|
| EBITDA |
$32.10 M |
$34.30 M |
$39.92 M |
$37.26 M |
$28.13 M |
$23.48 M |
$27.81 M |
$19.26 M |
$19.62 M |
$19.27 M |
| EBITDA Ratio |
0.21
|
0.25
|
0.39
|
0.41
|
0.32
|
0.27
|
0.32
|
0.24
|
0.26
|
0.26
|
| Operating Income Ratio |
0.2
|
0.23
|
0.36
|
0.37
|
0.27
|
0.22
|
0.27
|
0.18
|
0.19
|
0.19
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$30.09 M
|
$31.50 M
|
$36.89 M
|
$33.76 M
|
$23.87 M
|
$19.04 M
|
$23.64 M
|
$14.69 M
|
$14.43 M
|
$14.09 M
|
| Income Before Tax Ratio |
0.2
|
0.23
|
0.36
|
0.37
|
0.27
|
0.22
|
0.27
|
0.18
|
0.19
|
0.19
|
| Income Tax Expense |
$6.41 M
|
$6.50 M
|
$8.11 M
|
$7.34 M
|
$4.61 M
|
$3.43 M
|
$4.01 M
|
$7.26 M
|
$4.40 M
|
$4.66 M
|
| Net Income |
$23.67 M
|
$25.00 M
|
$28.78 M
|
$26.43 M
|
$19.26 M
|
$15.61 M
|
$19.63 M
|
$7.43 M
|
$10.03 M
|
$9.43 M
|
| Net Income Ratio |
0.16
|
0.18
|
0.28
|
0.29
|
0.22
|
0.18
|
0.23
|
0.09
|
0.13
|
0.13
|
| EPS |
4.96 |
5.28 |
6.13 |
5.64 |
4.01 |
3.21 |
4.06 |
2.16 |
2.11 |
2 |
| EPS Diluted |
4.96 |
5.28 |
6.13 |
5.64 |
4.01 |
3.21 |
4.06 |
2.16 |
2.11 |
2 |
| Weighted Average Shares Out |
$4.77 M
|
$4.73 M
|
$4.69 M
|
$4.68 M
|
$4.80 M
|
$4.87 M
|
$4.83 M
|
$4.80 M
|
$4.76 M
|
$4.72 M
|
| Weighted Average Shares Out Diluted |
$4.77 M
|
$4.73 M
|
$4.69 M
|
$4.68 M
|
$4.80 M
|
$4.87 M
|
$4.83 M
|
$4.80 M
|
$4.76 M
|
$4.72 M
|
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