---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-005682"
form_type: "8-K"
ticker: "TMP"
cik: "0001005817"
company_name: "TOMPKINS FINANCIAL CORP"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:00:24.535361+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tompkins Financial Q1 EPS falls 15.6% to $1.35; net income down 16.7% YoY

## Summary
- Diluted EPS $1.35, down 15.6% YoY; net income $19.4M, down 16.7%.
- Net interest margin 2.99%; interest expense surged to $15.0M from $2.6M YoY.
- Deposits $6.5B, down 7.2% YoY; 76.9% insured/collateralized; uninsured $2.6B.
- Dividend declared $0.60 per share, payable May 16 to holders of record May 9.
- Nonperforming assets 0.37% of assets, improved; Tier 1 leverage ratio 9.63% up from 8.89%.

## SEC filing metadata
- accession: 0001387131-23-005682
- form_type: 8-K
- ticker: TMP
- cik: 0001005817
- company_name: TOMPKINS FINANCIAL CORP
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005817/000138713123005682/0001387131-23-005682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005817/000138713123005682/tmp-8k_042823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-005682
- JSON: https://secwatch.observer/filing/0001387131-23-005682.json
- Plain text: https://secwatch.observer/filing/0001387131-23-005682.txt

## Key facts
- Earnings Releases
  TOMPKINS FINANCIAL CORP reported the first quarter of 2023 results: net income $19.4 million, EPS $1.35.
  - Period: the first quarter of 2023
  - Net income: $19.4 million
  - EPS: $1.35
  - Result: reported results
  source text: Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.35 for the first quarter of 2023, in line with the immediate prior quarter, and down 15.6% from diluted earnings per share of $1.60 reported in the first quarter of 2022. The first quarter results in the prior year included $2.0 million, pre-tax, ($0.10 per diluted share) in net fees related to the SBA's Paycheck Protection Program loans ("PPP"), compared to net fees of $2,000 in the current period. Net income for the first quarter of 2023 was $19.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005817/000138713123005682/0001387131-23-005682-index.htm

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