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Chemung Financial CHMG WMG — Depreciation and amortization of fixed assets

Other segment segments

Core Banking
$471K+4.2%

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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:Depreciation.

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 WMG — depreciation and amortization of fixed assets?
Chemung Financial (CHMG) reported WMG — depreciation and amortization of fixed assets of $13K in Q1 2026.
How has Chemung Financial's WMG — depreciation and amortization of fixed assets changed year-over-year?
Chemung Financial's WMG — depreciation and amortization of fixed assets decreased by 13.3% year-over-year, from $15K to $13K.
What does WMG — depreciation and amortization of fixed assets mean?
This metric represents the systematic allocation of the cost of tangible and intangible assets over their useful lives within the Wealth Management segment. It reflects the non-cash expense associated with the wear and tear or obsolescence of the segment's operational equipment and software. It is a critical component in reconciling cash flow and assessing the true economic cost of the segment's asset base.