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Chemung Financial CHMG WMG — Financing Receivable, Credit Loss, Expense (Reversal)

Other segment segments

Core Banking
$601K-45.0%

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RNSTFinancing Receivable, Credit Loss, Expense (Reversals)
$8.08M+70.1%

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:ProvisionForLoanLossesExpensed.

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 — financing receivable, credit loss, expense (reversal)?
Chemung Financial (CHMG) reported WMG — financing receivable, credit loss, expense (reversal) of $0 in Q1 2026.
What does WMG — financing receivable, credit loss, expense (reversal) mean?
The provision or reversal of expenses related to expected credit losses on financing receivables within the wealth management segment. This reflects the segment's assessment of credit risk and the quality of its loan or credit-related assets. It is a vital indicator of the segment's risk management and asset quality.