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Sep 30, 2022
Tompkins Q3 2022 Earnings Report
Reported diluted earnings per share increased by 2.1% year-over-year.
Key Takeaways
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.
Diluted earnings per share increased to $1.48, up 2.1% from Q3 2021.
Net income for the quarter was $21.3 million, essentially unchanged year-over-year.
Net interest income increased by 3.6% compared to the same period in 2021.
Total loans grew at an annualized rate of 3.8% during the quarter.