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Chemung Financial CHMG WMG — Net occupancy

Other segment segments

Core Banking
$1.48M+8.5%

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Other financials

Income statement

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Revenue$31.2M+209%
Net income$8.8M+237%
EPS (diluted)$1.82+235%

Balance sheet

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Cash & equivalents$73.1M-77.2%
Total debt$232.0M+42.2%
Total equity$270.4M+15.1%
Total assets$2.8B-1.1%

Cash flow

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Operating cash flow$9.2M-5.2%
CapEx$323.0K-10.3%
Free cash flow$8.9M-5.1%

Valuation

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Market cap$391.7M+63.7%
Enterprise value$550.55M+569%
P/E11.7×-9.7×
P/S3.3×+0.5×

Profitability

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Net margin27.9%+14.8pp
FCF margin37.7%+3.9pp

Returns & leverage

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Return on equity13.3%+8.1pp
Debt / equity0.9×+0.2×

Where this comes from

Reported directly by Chemung Financial in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

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 itemCore BankingWMGHolding Company and CFSInter-Segment EliminationsConsolidated Totals
Non-interest income2,9083,191407(3)6,503
Non-interest expenses:
Compensation expense and benefits8,7941,17621110,181
Net occupancy expense1,479673(3)1,546
Furniture and equipment expense4582416498
Data processing & software expense2,32927882,615
Other non-interest expenses4,0652012154,481
Total non-interest expense17,1251,746453(3)19,321

Item 1. Financial Statements – Unaudited

FAQ

What is Chemung Financial's WMG — net occupancy?
Chemung Financial (CHMG) reported WMG — net occupancy of $67K in Q2 2026.
How has Chemung Financial's WMG — net occupancy changed year-over-year?
Chemung Financial's WMG — net occupancy decreased by 1.5% year-over-year, from $68K to $67K.
What is the long-term trend for Chemung Financial's WMG — net occupancy?
Over 2 years (2023 to 2025), Chemung Financial's WMG — net occupancy has grown at a 6.1% compound annual growth rate (CAGR), from $223K to $251K.
What does WMG — net occupancy mean?
The net costs associated with maintaining physical office space and facilities used by the wealth management segment. This includes rent, utilities, and maintenance expenses, net of any sublease income. It serves as a key indicator of the segment's fixed operating overhead and physical footprint efficiency.

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