Tompkins Earnings Reports

Tompkins Financial posted a strong Q3 2025 with notable increases in EPS and net income, supported by higher net interest income and asset growth. Expenses rose due to investment in future growth.

Tompkins Financial Corporation reported a strong third quarter with diluted earnings per share of $1.30, up 155.3% year-over-year. Net income for the quarter was $18.6 million, an increase of 155.9% compared to the third quarter of 2023. The company's performance was driven by a strengthening net interest margin and growth across its business lines.

Tompkins Financial Corporation reported a net income of $15.7 million and diluted earnings per share of $1.10 for the second quarter of 2024. These results reflect an increase compared to the same period in 2023, with loans up 7.7% year over year.

Tompkins Financial Corporation reported a net income of $16.9 million for Q1 2024, a decrease of 13.0% compared to Q1 2023. The decrease was primarily due to lower net interest income and increased provision for credit loss expense, offset by growth in fee-based revenues and lower operating expenses.

Tompkins Financial Corporation reported a decrease in diluted earnings per share to $1.05 for Q4 2023, a 22.8% decrease compared to Q4 2022. Net income for the quarter was $15.0 million, a decrease of 23.3% compared to $19.5 million in the same quarter of the previous year. The results were affected by increased funding costs and operating expenses, including costs related to branch closures and personnel-related charges.

Tompkins Financial Corporation reported a net loss of $33.4 million for Q3 2023, primarily due to an after-tax loss of $47.5 million from the sale of available-for-sale debt securities. However, the company anticipates improved securities revenue in future periods from reinvesting the proceeds at higher yields. Loan growth and deposit balances increased during the quarter.

Tompkins Financial Corporation reported a decrease in diluted earnings per share to $0.59 for Q2 2023, a 59.3% decrease compared to Q2 2022. Net income for the quarter was $8.5 million, down 59.4% from $20.9 million in the same period last year. The results were negatively impacted by the sale of $80.9 million of available-for-sale securities, resulting in a $7.1 million pre-tax loss.

Tompkins Financial Corporation reported a decrease in net income for the first quarter of 2023, primarily due to increased funding costs and operating expenses. Diluted earnings per share were $1.35, down 15.6% from the same period in 2022. Despite industry headwinds, the company reported an increase in common equity for the second consecutive quarter and maintained a strong liquidity position.

Tompkins Financial Corporation reported diluted earnings per share of $1.36 for the fourth quarter of 2022, up 2.3% compared to $1.33 reported in the fourth quarter of 2021. Net income for the fourth quarter of 2022 was $19.5 million, which was unchanged when compared to the same period in 2021.

Tompkins Financial Corporation reported third quarter earnings with diluted earnings per share of $1.48, a 2.1% increase from the third quarter of 2021. Net income remained essentially unchanged. Revenue increased for the second consecutive quarter, growing at an annualized rate of 8.3% over the second quarter of this year.

Tompkins Financial Corporation reported a decrease in net income for the second quarter of 2022, primarily due to a variance in provision for credit losses. However, the company saw favorable trends compared to the prior quarter, including an improved net interest margin, increased loan balances, and higher revenue.

Tompkins Financial Corporation reported a decrease in diluted earnings per share and net income for the first quarter of 2022 compared to the same period in 2021, primarily due to reduced income from PPP loans and a smaller recapture to the provision for credit losses. However, the company saw improvements in net interest margin, fee-based revenue, and lower past due and nonperforming loan balances.

Tompkins Financial Corporation reported record full year earnings with diluted earnings per share of $6.05, up 16.4% from 2020. However, diluted earnings per share for the fourth quarter of 2021 were down 17.4% compared to the same period in 2020, primarily due to higher provision for credit losses.

Tompkins Financial Corporation reported diluted earnings per share of $1.45 for the third quarter of 2021, compared to $1.63 for the same period in 2020. Net income for the quarter was $21.3 million, down from $24.2 million in 2020, impacted by $4.1 million in nonrecurring expenses. However, the company noted positive revenue trends, including growth in net interest income and noninterest income compared to the second quarter of the year.

Tompkins Financial Corporation reported a strong second quarter with diluted earnings per share of $1.54, a 6.9% increase from the same period last year. Net income also rose to $22.8 million, compared to $21.4 million in the second quarter of 2020. The company saw growth in all three primary business lines: banking, insurance, and wealth management.

Tompkins Financial Corporation reported a strong first quarter with record earnings, driven by increased net interest income, insurance commissions, and investment services fees, coupled with decreased expenses.

Tompkins Financial Corporation reported a strong fourth quarter, with diluted earnings per share of $1.61, a 15.0% increase compared to the same period in 2019. Net income for the quarter was $24.0 million, a $2.9 million increase year-over-year. Favorable results were largely driven by improved net interest income, insurance commissions and wealth management fees.

Tompkins Financial Corporation reported a strong third quarter with diluted earnings per share of $1.63, a 21.6% increase compared to the same period in 2019. Net income also increased to $24.2 million, up from $20.2 million in the third quarter of the previous year. The results reflect higher levels of net interest income and noninterest income, while expenses remained relatively stable.

Tompkins Financial Corporation reported a strong second quarter with diluted earnings per share of $1.44, a 13.4% increase from the same period in 2019. Net income also increased to $21.4 million. The company saw positive trends such as strong mortgage application volumes and higher debit card spending.

Tompkins Financial Corporation announced net income attributable to common shareholders of $7.9 million, or $0.53 per diluted common share for the first quarter of 2020, compared to $21.0 million, or $1.37 per diluted common share, for the first quarter of 2019. The current economic stress resulting from the COVID-19 pandemic contributed to the $16.3 million provision for credit losses recognized during the quarter.

Tompkins Financial Corporation reported diluted earnings per share of $1.40 for Q4 2019, up 13.8% over the same quarter in 2018. The quarter benefited from growth in average loans and deposits, along with a slight improvement in net interest margin. Asset quality trends remained strong.