
Chemung Financial Corp
NASDAQ:CHMG

Chemung Financial Corp
Loan Loss Provision
Chemung Financial Corp
Loan Loss Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Loan Loss Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
Chemung Financial Corp
NASDAQ:CHMG
|
Loan Loss Provision
$46k
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
PNC Financial Services Group Inc
NYSE:PNC
|
Loan Loss Provision
-$789m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
0%
|
CAGR 10-Years
-11%
|
|
![]() |
M&T Bank Corp
NYSE:MTB
|
Loan Loss Provision
-$610m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-28%
|
CAGR 10-Years
-17%
|
|
![]() |
Truist Financial Corp
NYSE:TFC
|
Loan Loss Provision
-$1.9B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-25%
|
CAGR 10-Years
-22%
|
|
![]() |
Fifth Third Bancorp
NASDAQ:FITB
|
Loan Loss Provision
-$530m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-2%
|
CAGR 10-Years
-5%
|
|
![]() |
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
Loan Loss Provision
-$431m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-69%
|
CAGR 10-Years
-83%
|
Chemung Financial Corp
Glance View
Chemung Financial Corp. operates as a holding company. The company is headquartered in Elmira, New York and currently employs 337 full-time employees. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of banking, financing, fiduciary and other financial services to its clients. The firm manages its operations through two segments: core banking and Wealth Management Group (WMG). The core banking segment receives deposits from the general public and uses, such funds to originate consumer, commercial, commercial real estate and residential mortgage loans, mainly in its local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients. The firm's financial services include demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services.

See Also
What is Chemung Financial Corp's Loan Loss Provision?
Loan Loss Provision
46k
USD
Based on the financial report for Dec 31, 2024, Chemung Financial Corp's Loan Loss Provision amounts to 46k USD.