What is Chemung Financial's provision for credit losses?

Chemung Financial (CHMG) reported provision for credit losses of $587K in Q1 2026.

How has Chemung Financial's provision for credit losses changed year-over-year?

Chemung Financial's provision for credit losses decreased by 58.0% year-over-year, from $1.4M to $587K.

Chemung Financial CHMG Provision for Credit Losses

Provision for Credit Losses at other companies

Eastern Bankshares, Inc.EBC

$5.76M-12.8%

Midland States BancorpMSBI

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Stock Yards BancorpSYBT

——

CNB FinancialCCNE

——

SMB

SmartFinancialSMBK

——

Customers BancorpCUBI

——

Other financials

Income statement

See full

Revenue$29.9M+16.3%

Net income$9.2M+52.7%

EPS (diluted)$1.91+51.6%

Balance sheet

See full

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

See full

Operating cash flow$9.0M+25.9%

CapEx$133.0K-59.5%

Free cash flow$8.9M+30.0%

Valuation

See full

Market cap$358.26M+60.0%

Enterprise value$509.4M+92.4%

P/E19.6×+9.7×

P/S3.6×+1.4×

Profitability

See full

Net margin18.4%-4.4pp

FCF margin46.2%+20.8pp

Returns & leverage

See full

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:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

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 provision for credit losses?: Chemung Financial (CHMG) reported provision for credit losses of $587K in Q1 2026.
How has Chemung Financial's provision for credit losses changed year-over-year?: Chemung Financial's provision for credit losses decreased by 58.0% year-over-year, from $1.4M to $587K.