Chemung Financial CHMG WMG — Income tax expense (benefit)

Other segment segments

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Questions, answered.

What is Chemung Financial's WMG — income tax expense (benefit)?

Chemung Financial (CHMG) reported WMG — income tax expense (benefit) of $266K in Q1 2026.

How has Chemung Financial's WMG — income tax expense (benefit) changed year-over-year?

Chemung Financial's WMG — income tax expense (benefit) increased by 27.9% year-over-year, from $208K to $266K.

What is the long-term trend for Chemung Financial's WMG — income tax expense (benefit)?

Over 4 years (2021 to 2025), Chemung Financial's WMG — income tax expense (benefit) has grown at a -4.4% compound annual growth rate (CAGR), from $979K to $818K.

What does WMG — income tax expense (benefit) mean?

This metric represents the portion of the Wealth Management segment's earnings allocated to income tax obligations. It reflects the tax impact on the segment's bottom line based on applicable jurisdictional tax rates and accounting adjustments. Understanding this is essential for calculating the segment's net contribution to the overall corporate earnings.