Chemung Financial CHMG Loan expense
Loan expense at other companies
Other financials
Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept chmg:LoanPortfolioExpenseNet.
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 loan expense?
- Chemung Financial (CHMG) reported loan expense of $334K in Q1 2026.
- How has Chemung Financial's loan expense changed year-over-year?
- Chemung Financial's loan expense increased by 20.1% year-over-year, from $278K to $334K.
- What is the long-term trend for Chemung Financial's loan expense?
- Over 2 years (2023 to 2025), Chemung Financial's loan expense has grown at a 4.9% compound annual growth rate (CAGR), from $1.05M to $1.15M.
- What does loan expense mean?
- This encompasses the direct operational costs associated with the origination, servicing, and administration of the loan portfolio. It includes expenses related to loan processing, documentation, and specific administrative tasks required to maintain the bank's lending activities. Tracking this metric helps assess the operational efficiency of the bank's core lending business.