Chemung Financial CHMG Gains (Losses) On Sales Of Other Real Estate Net
Gains (Losses) On Sales Of Other Real Estate Net at other companies
Other financials
Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept chmg:GainsLossesOnSalesOfOtherRealEstateNet.
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 gains (losses) on sales of other real estate net?
- Chemung Financial (CHMG) reported gains (losses) on sales of other real estate net of $0 in Q1 2026.
- How has Chemung Financial's gains (losses) on sales of other real estate net changed year-over-year?
- Chemung Financial's gains (losses) on sales of other real estate net increased by 100.0% year-over-year, from -$11K to $0.
- What does gains (losses) on sales of other real estate net mean?
- This captures the net financial impact from the sale of foreclosed properties or other real estate assets acquired through loan defaults. It serves as a proxy for the bank's success in managing and liquidating non-performing assets. Consistent losses in this area may indicate poor collateral quality or depressed local real estate market conditions.