TMP earnings analysis
What we found in TMP's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Tompkins Financial Corporation reported Q1 2026 results with a revenue of $83,695,000, surpassing the estimate of $83,513,600, and an EPS of $1.82 compared to an estimate of $1.75. Net income reached $26.1 million, reflecting a year-over-year increase driven primarily by higher net interest income and lower provision expenses.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Beat
- Reported revenue was $83.7 million, slightly above the estimate of $83.5 million.
- EPS Beat
- Diluted EPS of $1.82, exceeding the estimate of $1.75 by 4%.
- Record Net Income Growth
- Net income increased to $26.1 million from $19.7 million YoY, marking a 32% growth.
- Strong Net Interest Income
- Net interest income grew by $15.2 million, or 26.8%, to $71.9 million compared to Q1 2025.
- Improved Return Metrics
- Return on assets rose to 1.23% from 0.99% YoY.
- Effective Cost Control
- Noninterest expense decreased by 5.7% YoY to $47.7 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Decrease in Noninterest Income
- Noninterest income fell by 52.7% to $11.8 million due to the insurance subsidiary sale.
- Increased Nonperforming Loans
- Nonperforming loans as a percentage of total loans rose to 0.79%, up from 0.74% at year-end.
- Regulatory Risks
- The banking sector faces stricter regulations affecting financial operational resilience.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $1.82
- Segment
- Banking
- Segment
- Wealth Management
What they said about what is next.
Management did not provide specific numeric guidance in the reported 10-Q.
The filing reads better than the one before it.
What came before.
- 10-K · February 26, 2026
- Tompkins Financial positions itself as a community-focused regional bank emphasizing responsible, sustainable growth (organic and targeted acquisitions), digital delivery and investments in automation, analytics and…
- 10-K · February 28, 2025
- Tompkins Financial positions itself as a community-oriented regional financial services franchise focused on responsible, sustainable growth through organic initiatives, targeted acquisitions, and investments in digital…
- 10-Q · November 6, 2024
- Tompkins Financial reported a strong Q3 (period ended 9/30/2024) with total revenue of $76,578,000 (net interest income $53,193,000 + noninterest income $23,385,000) and diluted EPS of $1.30. The quarter reflects a…
- 10-Q · August 8, 2024
- Tompkins Financial reported second-quarter total revenue of $72,729,000 and diluted EPS of $1.10, beating consensus. Revenue rose 12.7% year-over-year and net income attributable to the company increased to $15,682,000…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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