secwatch.observer — SEC 8-K summary
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Issuer:     TOMPKINS FINANCIAL CORP (TMP)
CIK:        0001005817
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0001005817-24-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Tompkins Financial Q1 EPS $1.18, down 12.6% YoY; net income $16.9M; dividend $0.61
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005817/000100581724000011/0001005817-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005817/000100581724000011/tmp-20240426.htm
  HTML page:      https://secwatch.observer/filing/0001005817-24-000011

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