Chemung Other Operating Expenses from 2010 to 2024

CHMG Stock  USD 52.33  0.50  0.96%   
Chemung Financial's Other Operating Expenses is decreasing over the last several years with slightly volatile swings. Other Operating Expenses is predicted to flatten to about 876.9 K. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2000-03-31
Previous Quarter
30.7 M
Current Value
24 M
Quarterly Volatility
3.3 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chemung Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chemung Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 40.5 M or Selling General Administrative of 21.5 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0353 or PTB Ratio of 1.32. Chemung financial statements analysis is a perfect complement when working with Chemung Financial Valuation or Volatility modules.
  
Check out the analysis of Chemung Financial Correlation against competitors.

Latest Chemung Financial's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Chemung Financial Corp over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chemung Financial Corp. It is also known as Chemung Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Chemung Financial's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chemung Financial's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Chemung Other Operating Expenses Regression Statistics

Arithmetic Mean3,715,417,101
Geometric Mean39,109,630
Coefficient Of Variation243.09
Mean Deviation5,906,591,559
Median14,303,000
Standard Deviation9,031,727,401
Sample Variance81572099.8T
Range33.2B
R-Value(0.53)
Mean Square Error63273890T
R-Squared0.28
Significance0.04
Slope(1,068,123,903)
Total Sum of Squares1142009397.7T

Chemung Other Operating Expenses History

2024876.9 K
2023923 K
2022941 K
202154.7 M
202059 M
201960.9 M
201855 M

About Chemung Financial Financial Statements

Chemung Financial stakeholders use historical fundamental indicators, such as Chemung Financial's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Chemung Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chemung Financial's assets and liabilities are reflected in the revenues and expenses on Chemung Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chemung Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses923 K876.9 K

Currently Active Assets on Macroaxis

When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out the analysis of Chemung Financial Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemung Financial. If investors know Chemung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemung Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
1.24
Earnings Share
4.52
Revenue Per Share
19.63
Quarterly Revenue Growth
(0.06)
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.