---
schema_version: "secwatch.filing_event.v1"
accession: "0001005817-24-000002"
form_type: "8-K"
ticker: "TMP"
cik: "0001005817"
company_name: "TOMPKINS FINANCIAL CORP"
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:20:36.952454+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tompkins Financial Q4 EPS $1.05, down 22.8% YoY; full-year EPS $0.66, down 88.8% on $52.9M securities loss

## Summary
- Q4 net income $15.0M ($1.05 diluted EPS) vs $19.5M ($1.36) in Q4 2022; FY net income $9.5M ($0.66) vs $85.0M ($5.89) in FY 2022.
- FY includes after-tax $52.9M loss on sale of $510.5M available-for-sale securities; reinvested at ~5.09% yield vs 0.86% sold.
- Q4 net interest margin expanded to 2.82% (from 2.75% in Q3); loans grew 3.2% QoQ (12.6% annualized), deposits declined 3.4% QoQ.
- Nonperforming assets ratio rose to 0.80% from 0.41% QoQ due to $33.8M addition from one hospitality relationship.
- Board declared $0.60/share quarterly dividend, payable Feb 16, 2024 to holders of record Feb 9, 2024.

## SEC filing metadata
- accession: 0001005817-24-000002
- form_type: 8-K
- ticker: TMP
- cik: 0001005817
- company_name: TOMPKINS FINANCIAL CORP
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005817/000100581724000002/0001005817-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005817/000100581724000002/tmp-20240126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001005817-24-000002
- JSON: https://secwatch.observer/filing/0001005817-24-000002.json
- Plain text: https://secwatch.observer/filing/0001005817-24-000002.txt

## Key facts
- Earnings Releases
  TOMPKINS FINANCIAL CORP reported the fourth quarter of 2023 results: net income $15.0 million, EPS $1.05.
  - Period: the fourth quarter of 2023
  - Net income: $15.0 million
  - EPS: $1.05
  - Result: reported results
  source text: Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.05 for the fourth quarter of 2023, down 22.8% compared to the fourth quarter of 2022. Net income for the fourth quarter of 2023 was $15.0 million, down $4.5 million or 23.3% compared to the $19.5 million reported for the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005817/000100581724000002/0001005817-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.