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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.
Diluted earnings per share were $1.10, up 86.4% from Q2 2023.
Net income was $15.7 million, up 85.0% from Q2 2023.
Net interest margin was 2.73%, unchanged from the previous quarter.
Total loans increased by 7.7% year-over-year.
No specific forward guidance was provided in the release.
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