Tompkins Financial Q1 2024 diluted EPS up 12.5% QoQ; dividend raised 1.7%

TOMPKINS FINANCIAL CORP

2024-Q1 EPS reported $1.18 revenue$20,251,000

Q1 2024 diluted EPS of $1.18 vs $1.05 prior quarter (+12.5%); core EPS CAGR of 3% over 10 years.
Loan growth 7% YoY; noninterest income up 8.5% YoY; noninterest expense down 0.6% YoY.
Cash dividend raised 1.7% payable in Q2 2024; 35 consecutive years of increases.
Total capital ratio $195M above regulatory minimum; nonperforming assets at 0.81% of total assets.

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