Every material Form 8-K Tompkins Financial filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Tompkins Financial reported third-quarter 2024 diluted earnings per share of $1.30 and net income of $18.6 million, up from $1.10 per share and $15.7 million in the second quarter, and up from a loss in the third quarter of 2023. The company also said its Board named Daniel J. Fessenden to succeed Thomas R. Rochon as Chair when Rochon retires at the 2025 Annual Meeting, and declared a $0.62 per share dividend.
Q3 2024 diluted EPS $1.30 vs. $1.10 in Q2 2024 and $(2.35) in Q3 2023, which included a $62.9 million pre-tax loss on securities sales
Net interest margin 2.79% in Q3 2024, up from 2.73% in Q2 2024
Thomas R. Rochon to retire as Chair at the 2025 Annual Meeting; Daniel J. Fessenden named successor, effective at that meeting
Quarterly dividend of $0.62 per share, payable November 15, 2024, to holders of record on November 8, 2024
Tompkins Financial reported second-quarter 2024 diluted earnings per share of $1.10 and net income of $15.7 million, both down from the prior quarter but up sharply from the second quarter of 2023, which included a $7.1 million loss on securities sales. The company also declared a $0.61 per share dividend payable August 16, 2024.
Diluted EPS was $1.10, down 6.8% from the first quarter of 2024 and up 86.4% from $0.59 a year earlier.
Net income was $15.7 million, down 7.1% from the prior quarter and up 85.0% from $8.5 million in the second quarter of 2023.
Net interest margin was 2.73%, unchanged from the first quarter and down from 2.83% a year earlier.
Dividend of $0.61 per share is payable August 16, 2024 to shareholders of record on August 9, 2024.
Tompkins Financial reported first-quarter 2024 diluted earnings per share of $1.18 and net income of $16.9 million, down 12.6% and 13.0% from the first quarter of 2023, though up from the prior quarter. The decline was mainly due to lower net interest income from higher funding costs and a higher provision for credit losses, partly offset by fee growth and lower operating expenses. The Board also declared a $0.61 per share dividend payable May 17, 2024.
Diluted EPS was $1.18 versus $1.35 a year earlier and $1.05 in the fourth quarter of 2023.
Net interest income fell to $50.7 million from $54.2 million a year earlier; net interest margin was 2.73% versus 2.99%.
Noninterest income rose 8.5% year over year to $22.1 million, led by insurance commissions and fees.
Dividend of $0.61 per share: record date May 10, 2024; payable May 17, 2024.
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.
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.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Tompkins Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →