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Chemung Financial CHMG Core Banking — Data processing

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Other financials

Income statement

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Revenue$31.2M+209%
Net income$8.8M+237%
EPS (diluted)$1.82+235%

Balance sheet

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Cash & equivalents$73.1M-77.2%
Total debt$232.0M+42.2%
Total equity$270.4M+15.1%
Total assets$2.8B-1.1%

Cash flow

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Operating cash flow$9.2M-5.2%
CapEx$323.0K-10.3%
Free cash flow$8.9M-5.1%

Valuation

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Market cap$391.7M+63.7%
Enterprise value$550.55M+569%
P/E11.7×-9.7×
P/S3.3×+0.5×

Profitability

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Net margin27.9%+14.8pp
FCF margin37.7%+3.9pp

Returns & leverage

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Return on equity13.3%+8.1pp
Debt / equity0.9×+0.2×

Where this comes from

Reported directly by Chemung Financial in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The source filing: Chemung Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054168
Line itemCore BankingWMGHolding Company and CFSInter-Segment EliminationsConsolidated Totals
Compensation expense and benefits8,7941,17621110,181
Net occupancy expense1,479673(3)1,546
Furniture and equipment expense4582416498
Data processing & software expense2,32927882,615
Other non-interest expenses4,0652012154,481
Total non-interest expense17,1251,746453(3)19,321
Income before income tax expense (benefit)10,7871,445(941)11,291
Income tax expense (benefit)2,414323(256)2,481

Item 1. Financial Statements – Unaudited

FAQ

What is Chemung Financial's core banking — data processing?
Chemung Financial (CHMG) reported core banking — data processing of $2.33M in Q2 2026.
How has Chemung Financial's core banking — data processing changed year-over-year?
Chemung Financial's core banking — data processing increased by 3.5% year-over-year, from $2.25M to $2.33M.
What is the long-term trend for Chemung Financial's core banking — data processing?
Over 2 years (2023 to 2025), Chemung Financial's core banking — data processing has grown at a 0.8% compound annual growth rate (CAGR), from $8.66M to $8.79M.
What does core banking — data processing mean?
Captures the expenses incurred for the technology infrastructure, software licensing, and third-party services required to process core banking transactions. It serves as a proxy for the digital operational intensity of the banking segment.

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