secwatch.observer — SEC 8-K summary
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Issuer:     TOMPKINS FINANCIAL CORP (TMP)
CIK:        0001005817
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0001005817-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Tompkins Q2 diluted EPS $1.10, up 86% YoY; net income $15.7M +85%; NIM stable at 2.73%
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- Diluted EPS $1.10 (down 6.8% QoQ, up 86.4% YoY); net income $15.7M (down 7.1% QoQ, up 85% YoY).
- Net interest margin 2.73% unchanged QoQ; loans up 2.2% sequential (8.7% annualized); deposits down 2.5% QoQ.
- Noninterest income $21.8M +72.6% YoY (prior-year $7.1M securities loss); fee-based services +5% YoY.
- Noninterest expense $49.9M -3.9% YoY; YTD expense -2.3%; provision for credit losses $2.2M.
- Regular quarterly cash dividend of $0.61/share declared, payable Aug 16 to holders of record Aug 9.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005817/000100581724000020/0001005817-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005817/000100581724000020/tmp-20240726.htm
  HTML page:      https://secwatch.observer/filing/0001005817-24-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer