earnings
confidence high
sentiment negative
materiality 0.65
Tompkins Financial Q1 EPS $1.18, down 12.6% YoY; net income $16.9M; dividend $0.61
TOMPKINS FINANCIAL CORP
2024-Q1 EPS reported
$1.18
revenue$20,251,000
- Diluted EPS of $1.18, down 12.6% from $1.35 YoY; net income $16.9M, down 13.0%.
- Net interest margin 2.73% vs. 2.99% YoY; net interest income $50.7M, down $3.5M.
- Loans grew 7.0% YoY to $5.6B; deposits down 0.9% to $6.4B; loan/deposit ratio 87.5%.
- Nonperforming assets/total assets rose to 0.81% from 0.37% YoY; provision $854K vs. credit of $825K in Q1 2023.
- Regular quarterly dividend $0.61/share, up $0.01 from Q2 2023, payable May 17 to holders of record May 10.