Chemung Financial (CHMG) Revenue & Revenue Breakdown

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Chemung Financial Revenue Highlights

Latest Revenue (Q)

$22.33M

Main Segment (Y)

W M G Fee Income

Main Geography (Y)

W M G Fee Income

Chemung Financial Revenue by Period

Chemung Financial Revenue by Year

Date	Revenue	Change
2024-12-31	-	-100.00%
2023-12-31	$95.74M	1.19%
2022-12-31	$94.61M	7.00%
2021-12-31	$88.42M	6.70%
2020-12-31	$82.87M	3.72%
2019-12-31	$79.90M	-3.38%
2018-12-31	$82.69M	7.69%
2017-12-31	$76.78M	5.46%
2016-12-31	$72.81M	3.43%
2015-12-31	$70.40M	-6.78%
2014-12-31	$75.51M	19.00%
2013-12-31	$63.46M	0.27%
2012-12-31	$63.28M	3.10%
2011-12-31	$61.38M	12.49%
2010-12-31	$54.57M	6.77%
2009-12-31	$51.11M	5.14%
2008-12-31	$48.61M	14.20%
2007-12-31	$42.56M	9.54%
2006-12-31	$38.86M	2.93%
2005-12-31	$37.75M	-4.49%
2004-12-31	$39.53M	0.80%
2003-12-31	$39.21M	4.70%
2002-12-31	$37.45M	-0.50%
2001-12-31	$37.64M	4.68%
2000-12-31	$35.96M	3.16%
1999-12-31	$34.85M	286.54%
1998-12-31	$9.02M	8.40%
1997-12-31	$8.32M	6.00%
1996-12-31	$7.85M	7.49%
1995-12-31	$7.30M	15.71%
1994-12-31	$6.31M	-10.20%
1993-12-31	$7.03M	-

Chemung Financial generated - in revenue during NA 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Chemung Financial Revenue by Quarter

Date	Revenue	Change
2025-06-30	$22.33M	-40.15%
2025-03-31	$37.31M	-2.53%
2024-12-31	$38.28M	0.93%
2024-09-30	$37.93M	3.11%
2024-06-30	$36.78M	0.45%
2024-03-31	$36.62M	2.74%
2023-12-31	$35.65M	-2.54%
2023-09-30	$36.57M	11.05%
2023-06-30	$32.94M	4.82%
2023-03-31	$31.42M	7.52%
2022-12-31	$29.22M	11.97%
2022-09-30	$26.10M	10.21%
2022-06-30	$23.68M	3.38%
2022-03-31	$22.91M	-1.10%
2021-12-31	$23.16M	-1.06%
2021-09-30	$23.41M	1.12%
2021-06-30	$23.15M	4.61%
2021-03-31	$22.13M	-3.53%
2020-12-31	$22.94M	5.44%
2020-09-30	$21.75M	1.81%
2020-06-30	$21.36M	2.70%
2020-03-31	$20.80M	-3.92%
2019-12-31	$21.65M	0.28%
2019-09-30	$21.59M	0.07%
2019-06-30	$21.58M	0.86%
2019-03-31	$21.39M	-0.60%
2018-12-31	$21.52M	-7.44%
2018-09-30	$23.25M	10.69%
2018-06-30	$21.01M	0.17%
2018-03-31	$20.98M	4.93%
2017-12-31	$19.99M	1.14%
2017-09-30	$19.76M	5.09%
2017-06-30	$18.81M	3.19%
2017-03-31	$18.23M	1.33%
2016-12-31	$17.99M	-1.79%
2016-09-30	$18.31M	1.76%
2016-06-30	$18.00M	-2.80%
2016-03-31	$18.51M	3.90%
2015-12-31	$17.82M	2.46%
2015-09-30	$17.39M	-2.29%
2015-06-30	$17.80M	2.36%
2015-03-31	$17.39M	-28.11%
2014-12-31	$24.19M	41.09%
2014-09-30	$17.14M	-1.11%
2014-06-30	$17.34M	2.89%
2014-03-31	$16.85M	1.40%
2013-12-31	$16.62M	6.07%
2013-09-30	$15.66M	0.35%
2013-06-30	$15.61M	0.10%
2013-03-31	$15.60M	4.41%
2012-12-31	$14.94M	-5.67%
2012-09-30	$15.84M	2.19%
2012-06-30	$15.50M	-8.38%
2012-03-31	$16.91M	5.36%
2011-12-31	$16.05M	-1.15%
2011-09-30	$16.24M	0.27%
2011-06-30	$16.20M	25.61%
2011-03-31	$12.89M	-15.70%
2010-12-31	$15.30M	17.79%
2010-09-30	$12.99M	-3.95%
2010-06-30	$13.52M	5.89%
2010-03-31	$12.77M	-3.76%
2009-12-31	$13.27M	1.49%
2009-09-30	$13.07M	9.81%
2009-06-30	$11.90M	-1.37%
2009-03-31	$12.07M	-5.51%
2008-12-31	$12.77M	4.93%
2008-09-30	$12.17M	2.27%
2008-06-30	$11.90M	1.19%
2008-03-31	$11.76M	5.91%
2007-12-31	$11.11M	-

Chemung Financial generated $22.33M in revenue during Q2 2025, up -40.15% compared to the previous quarter, and up 60.97% compared to the same period a year ago.

Chemung Financial Revenue Breakdown

Chemung Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Investment Brokerage	$1.05M	$995.00K	$1.08M	$1.04M	-
Loan Servicing Fees	$144.00K	$144.00K	$153.00K	$148.00K	-
Overdraft Fees	$3.00M	$3.10M	$3.08M	$2.27M	-
Product and Service, Other	$1.58M	$4.14M	$1.67M	$2.19M	-
Sale of Loans	$214.00K	$144.00K	$107.00K	$1.07M	-
W M G Fee Income	$11.57M	$10.46M	$10.28M	$11.07M	-
Service Charge on Deposits, Other	$1.04M	$823.00K	$704.00K	$948.00K	-
Interchange Revenue	$4.43M	$4.61M	$4.60M	$4.84M	-
Service Charge on Deposits	-	-	-	-	$3.13M

Chemung Financial's latest annual revenue breakdown by segment (product or service), as of Dec 24: W M G Fee Income (50.25%), Interchange Revenue (19.22%), Overdraft Fees (13.01%), Product and Service, Other (6.85%), Investment Brokerage (4.58%), Service Charge on Deposits, Other (4.54%), Sale of Loans (0.93%), and Loan Servicing Fees (0.63%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Products And Services, Other	$1.10M	$616.00K	$247.00K	$536.00K	$2.83M	$450.00K	$405.00K	$281.00K	$400.00K	$648.00K	$458.00K	$968.00K	$471.00K	-	-	-	-	-	-	-
WMG Fee Income	$2.99M	$2.87M	$2.99M	$2.70M	$2.53M	$2.60M	$2.58M	$2.40M	$2.63M	$2.76M	$2.77M	$2.80M	$2.68M	-	-	-	-	-	-	-
Service Charge on Deposits, Other	$395.00K	$389.00K	$558.00K	$248.00K	$239.00K	$213.00K	$201.00K	$182.00K	$227.00K	$161.00K	$143.00K	$209.00K	$191.00K	$204.00K	$233.00K	$243.00K	$267.00K	-	-	-
Overdraft Fees	$719.00K	$731.00K	$1.52M	$768.00K	$710.00K	$788.00K	$817.00K	$777.00K	$714.00K	$838.00K	$846.00K	$727.00K	$673.00K	$705.00K	$623.00K	$489.00K	$450.00K	-	-	-
Investment Brokerage	$270.00K	$223.00K	$520.00K	$306.00K	$228.00K	$246.00K	$243.00K	$265.00K	$241.00K	$304.00K	$251.00K	$271.00K	$253.00K	$247.00K	$346.00K	$236.00K	$214.00K	-	-	-
Interchange Revenue	$1.11M	$1.04M	$2.24M	$1.12M	$1.06M	$1.14M	$1.14M	$1.19M	$1.13M	$1.14M	$1.13M	$1.21M	$1.13M	$1.22M	$1.24M	$1.26M	$1.12M	-	-	-
Sale of Loans	$51.00K	$40.00K	$91.00K	$91.00K	$32.00K	$54.00K	$67.00K	$18.00K	$5.00K	$1.00K	$7.00K	$25.00K	$74.00K	$189.00K	$242.00K	$342.00K	$300.00K	-	-	-
Loan Servicing Fees	$36.00K	$36.00K	$72.00K	$36.00K	$36.00K	$37.00K	$35.00K	$36.00K	$36.00K	$38.00K	$38.00K	$38.00K	$39.00K	$40.00K	$38.00K	$35.00K	$35.00K	-	-	-
W M G Fee Income	-	-	-	-	-	-	-	-	-	$2.49M	$2.83M	-	-	-	-	-	-	-	-	-
Service Charge on Deposits	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$840.00K	$740.00K	$564.00K

Chemung Financial's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: WMG Fee Income (44.85%), Interchange Revenue (16.63%), Products And Services, Other (16.48%), Overdraft Fees (10.77%), Service Charge on Deposits, Other (5.92%), Investment Brokerage (4.05%), Sale of Loans (0.76%), and Loan Servicing Fees (0.54%).

Chemung Financial Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Sale of Loans	$107.00K	$1.07M	-	-	-
Loan Servicing Fees	$153.00K	$148.00K	-	-	-
Product and Service, Other	$1.67M	$2.19M	-	-	-
W M G Fee Income	$10.28M	$11.07M	-	-	-
Service Charge on Deposits, Other	$704.00K	$948.00K	-	-	-
Overdraft Fees	$3.08M	$2.27M	-	-	-
Investment Brokerage	$1.08M	$1.04M	-	-	-
Interchange Revenue	$4.60M	$4.84M	$4.04M	-	-
Service Charge on Deposits	-	-	$3.13M	$4.46M	-
Wealth Management Group Services	-	-	-	-	$9.32M

Chemung Financial's latest annual revenue breakdown by geography, as of Dec 22: W M G Fee Income (47.42%), Interchange Revenue (21.23%), Overdraft Fees (14.23%), Product and Service, Other (7.70%), Investment Brokerage (4.98%), Service Charge on Deposits, Other (3.25%), Loan Servicing Fees (0.71%), and Sale of Loans (0.49%).

Chemung Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MYFW	First Western Financial	$152.65M	$37.50M
PKBK	Parke Bancorp	$125.11M	$35.84M
WNEB	Western New England Bancorp	$109.83M	$33.00M
FDBC	Fidelity D & D Bancorp	$107.02M	$1.28K
TSBK	Timberland Bancorp	$105.94M	$25.54M
FINW	FinWise Bancorp	$69.82M	$19.74M
PVBC	Provident Bancorp	$55.40M	$23.53M
FUNC	First United	$6.97M	$29.81M
CHMG	Chemung Financial	-	$22.33M
FVCB	FVCBankcorp	-	$30.44M
MBCN	Middlefield Banc	-	$29.62M

CHMG Revenue FAQ

What is Chemung Financial’s yearly revenue?

Chemung Financial's yearly revenue for 2024 was $0, representing a decrease of -100.00% compared to 2023. The company's yearly revenue for 2023 was $95.74M, representing an increase of 1.19% compared to 2022. CHMG's yearly revenue for 2022 was $94.61M, representing an increase of 7.00% compared to 2021.

What is Chemung Financial’s quarterly revenue?

Chemung Financial's quarterly revenue for Q2 2025 was $22.33M, a -40.15% decrease from the previous quarter (Q1 2025), and a -39.30% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $37.31M, a -2.53% decrease from the previous quarter (Q4 2024), and a 1.88% increase year-over-year (Q1 2024). CHMG's quarterly revenue for Q4 2024 was $38.28M, a 0.93% increase from the previous quarter (Q3 2024), and a 7.39% increase year-over-year (Q4 2023).

What is Chemung Financial’s revenue growth rate?

Chemung Financial's revenue growth rate for the last 3 years (2022-2024) was -100.00%, and for the last 5 years (2020-2024) was -100.00%.

What are Chemung Financial’s revenue streams?

Chemung Financial's revenue streams in c 24 are Investment Brokerage, Loan Servicing Fees, Overdraft Fees, Product and Service, Other, Sale of Loans, W M G Fee Income, Service Charge on Deposits, Other, and Interchange Revenue. Investment Brokerage generated $1.05M in revenue, accounting 4.58% of the company's total revenue, up 5.93% year-over-year. Loan Servicing Fees generated $144K in revenue, accounting 0.63% of the company's total revenue Overdraft Fees generated $3M in revenue, accounting 13.01% of the company's total revenue, down -3.20% year-over-year. Product and Service, Other generated $1.58M in revenue, accounting 6.85% of the company's total revenue, down -61.86% year-over-year. Sale of Loans generated $214K in revenue, accounting 0.93% of the company's total revenue, up 48.61% year-over-year. W M G Fee Income generated $11.57M in revenue, accounting 50.25% of the company's total revenue, up 10.64% year-over-year. Service Charge on Deposits, Other generated $1.04M in revenue, accounting 4.54% of the company's total revenue, up 26.97% year-over-year. Interchange Revenue generated $4.43M in revenue, accounting 19.22% of the company's total revenue, down -3.91% year-over-year.

What is Chemung Financial’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Chemung Financial was W M G Fee Income. This segment made a revenue of $11.57M, representing 50.25% of the company's total revenue.