Tompkins Financial Corporation Reports Second Quarter Financial Results [Yahoo! Finance]
Tompkins Financial Corporation (TMP)
NASDAQ:AMEX Investor Relations:
tompkinsfinancial.com
Company Research
Source: Yahoo! Finance
Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.10 for the second quarter of 2024, down 6.8% from the immediate prior quarter, and up 86.4% from diluted earnings per share of $0.59 reported in the second quarter of 2023. Net income for the second quarter of 2024 was $15.7 million, down $1.2 million or 7.1% compared to the most recent prior quarter, and up $7.2 million, or 85.0%, when compared to the $8.5 million reported for the same period in 2023. The increase in diluted earnings per share and net income compared to the results for the second quarter of 2023 largely reflects the Company's sale of $80.9 million of available-for-sale securities which resulted in a $7.1 million (or $0.37 per share) loss on securities transactions in the second quarter of 2023. For the six months ended June 30, 2024, diluted earnings per share were $2.29, up 18.0% from $1.94 for the six months ended June 30, 2023. Year-to-date net income was $32.
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TMP
Earnings
- 4/26/24 - Miss
TMP
Sec Filings
- 8/29/24 - Form 4
- 8/28/24 - Form 4
- 8/13/24 - Form 4
- TMP's page on the SEC website