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Chemung Financial CHMG Core Banking — Income tax expense (benefit)

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Other financials

Income statement

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Revenue$29.9M+16.3%
Net income$9.2M+52.7%
EPS (diluted)$1.91+51.6%

Balance sheet

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Cash & equivalents$53.4M-0.1%
Total debt$204.5M+117%
Total equity$262.9M+15.2%
Total assets$2.7B-1.7%

Cash flow

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Operating cash flow$9.0M+25.9%
CapEx$133.0K-59.5%
Free cash flow$8.9M+30.0%

Valuation

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Market cap$358.26M+60.0%
Enterprise value$509.4M+92.4%
P/E19.6×+9.7×
P/S3.6×+1.4×

Profitability

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Net margin18.4%-4.4pp
FCF margin46.2%+20.8pp

Returns & leverage

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Return on equity7.4%-3.2pp
Debt / equity0.8×+0.4×

Where this comes from

Reported directly by Chemung Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Chemung Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chemung Financial's core banking — income tax expense (benefit)?
Chemung Financial (CHMG) reported core banking — income tax expense (benefit) of $2.61M in Q1 2026.
How has Chemung Financial's core banking — income tax expense (benefit) changed year-over-year?
Chemung Financial's core banking — income tax expense (benefit) increased by 73.4% year-over-year, from $1.51M to $2.61M.
What is the long-term trend for Chemung Financial's core banking — income tax expense (benefit)?
Over 4 years (2021 to 2025), Chemung Financial's core banking — income tax expense (benefit) has grown at a -7.8% compound annual growth rate (CAGR), from $6.41M to $4.64M.
What does core banking — income tax expense (benefit) mean?
The portion of the core banking segment's earnings allocated to income tax obligations or the recognition of tax benefits. This reflects the effective tax impact on the segment's bottom-line performance.