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Chemung Financial CHMG WMG — Net Income
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Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
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 item | Core Banking | WMG | Holding Company and CFS | Inter-Segment Eliminations | Consolidated Totals |
|---|---|---|---|---|---|
| Total non-interest expense | 17,125 | 1,746 | 453 | (3) | 19,321 |
| Income before income tax expense (benefit) | 10,787 | 1,445 | (941) | — | 11,291 |
| Income tax expense (benefit) | 2,414 | 323 | (256) | — | 2,481 |
| Segment net income (loss) | $8,373 | $1,122 | $(685) | — | $8,810 |
| Supplemental Information: | |||||
| Total assets as of June 30, 2026 | $2,726,884 | $3,065 | $313,704 | $(223,451) | $2,820,202 |
| Capital expenditures | $307 | $10 | $6 | — | $323 |
| Depreciation expense (1) | $473 | $13 | — | — | $486 |
Item 1. Financial Statements – Unaudited
FAQ
- What is Chemung Financial's WMG — net income?
- Chemung Financial (CHMG) reported WMG — net income of $1.12M in Q2 2026.
- How has Chemung Financial's WMG — net income changed year-over-year?
- Chemung Financial's WMG — net income increased by 39.9% year-over-year, from $802K to $1.12M.
- What is the long-term trend for Chemung Financial's WMG — net income?
- Over 4 years (2021 to 2025), Chemung Financial's WMG — net income has grown at a -4.6% compound annual growth rate (CAGR), from $3.45M to $2.86M.
- What does WMG — net income mean?
- This metric represents the final profit generated by the Wealth Management segment after all operating expenses, taxes, and other deductions are accounted for. It serves as the definitive measure of the segment's financial success and its contribution to the parent company's bottom line. It is the primary figure used to assess the segment's overall value creation.
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