Tompkins Financial's Q2 EPS rises on improved interest margin and loan growth

Tompkins Financial

24/07/2026 14:15

    

    Overview
  
US regional bank's Q2 diluted EPS rose 36% yr/yr
Net interest income for Q2 grew 23% from the prior year
Company approved a 13% dividend increase for Q3 2026

    

    Outlook
  
Tompkins Financial approved a 13% dividend increase for the third qtr of 2026

    

    Result Drivers
  
NET INTEREST INCOME - Higher net interest income, driven by improved net interest margin and loan growth, supported Q2 results
EXPENSE REDUCTION - Lower noninterest expense, mainly from the sale of the insurance subsidiary, contributed to improved profitability
NONINTEREST INCOME DECLINE - Noninterest income fell due to the sale of the insurance subsidiary, partly offset by higher wealth management and service fee income

    
Company press release: ID:nBwb6ZgFa

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 EPS
Beat
$2.04
$1.82 (2 Analysts)
Q2 Net Interest Income
 
$73.98 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Tompkins Financial Corp is $92.50, about 0.2% below its July 23 closing price of $92.65
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

    

    Reuters Recommended Reads
  
July 23 - Huntington Bancshares' quarterly profit rises on interest income boost
July 24 - Republic Bancorp Q2 profit rises on interest income growth 
July 23 - Dime Community Bancshares Q2 revenue hits record on loan growth

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)