CHEMUNG FINANCIAL CORP
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $95.1M | $97.3M | $99.0M | $95.6M | $89.5M | $84.0M | $80.7M | $83.6M |
| Service | — | — | — | — | — | — | — | — |
| Product | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $19.9M | $30.1M | $70.1M | $44.2M | $37.2M | $27.9M | $25.4M | $27.7M |
| Operating Margin | 21.0% | 30.9% | 70.8% | 46.2% | 41.6% | 33.1% | 31.4% | 33.2% |
| Interest Expense | — | — | $38.6M | $7.3M | $3.4M | $4.0M | $6.3M | $4.1M |
| Pretax Income | $19.9M | $30.1M | $31.5M | $36.9M | $33.8M | $23.9M | $19.0M | $23.6M |
| Income Tax Expense | $4.8M | $6.4M | $6.5M | $8.1M | $7.3M | $4.6M | $3.4M | $4.0M |
| Net Income | $15.1M | $23.7M | $25.0M | $28.8M | $26.4M | $19.3M | $15.6M | $19.6M |
| Net Margin | 15.9% | 24.3% | 25.3% | 30.1% | 29.5% | 22.9% | 19.3% | 23.5% |
| EPS (Basic) | $3.14 | $4.96 | $5.28 | $6.13 | $5.64 | $4.01 | $3.21 | $4.06 |
| EPS (Diluted) | $3.14 | $4.96 | $5.28 | $6.13 | $5.64 | $4.01 | $3.21 | $4.06 |
| Shares Outstanding (Basic) | 4.8M | 4.8M | 4.7M | 4.7M | 4.7M | 4.8M | 4.8M | 4.8M |
| Shares Outstanding (Diluted) | 4.8M | 4.8M | 4.7M | 4.7M | 4.7M | 4.8M | 4.8M | 4.8M |
| Dividends Per Share | $1.32 | $1.24 | $1.24 | $1.24 | $1.19 | $1.04 | $1.04 | $1.04 |