Tompkins Financial Q4 diluted EPS falls 22.8% to $1.05; declares $0.60 dividend
Tompkins Financial reported fourth-quarter 2023 diluted earnings per share of $1.05, down 22.8% from the same quarter of 2022, with net income of $15.0 million, down 23.3%. Full-year 2023 diluted EPS was $0.66, down 88.8%, reflecting an after-tax loss of $52.9 million on the sale of securities and higher funding costs. The company also declared a $0.60 per share dividend, payable February 16, 2024, to shareholders of record on February 9, 2024.
Key points
- Q4 2023 diluted EPS was $1.05 versus $1.36 in Q4 2022; net income was $15.0 million versus $19.5 million.
- Q4 2023 net interest margin expanded to 2.82% from 2.75% in Q3 2023, but was down from 3.02% in Q4 2022.
- Full-year 2023 diluted EPS was $0.66, with net income of $9.5 million, including an after-tax securities sale loss of $52.9 million.
- Board declared a $0.60 per share dividend on January 25, 2024, payable February 16, 2024, to holders of record on February 9, 2024.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 26, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.