Tompkins Financial Corporation (TMP)

Tompkins Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	292.09	260.43	217.61	214.68	227.31	226.72
Interest Income on Investments	46.24	36.92	33.72	26.63	27.02	34.66
Total Interest Income	338.34	297.36	251.32	241.32	254.33	261.38
Interest Paid on Deposits	99.9	70.81	16.17	10.85	19.96	30.9
Interest Paid on Borrowings	31.25	17.04	4.88	6.68	9.03	19.85
Total Interest Expense	131.16	87.84	21.04	17.53	28.99	50.75
Net Interest Income	207.18	209.51	230.28	223.79	225.34	210.63
Net Interest Income Growth (YoY)	-3.39%	-9.02%	2.90%	-0.69%	6.98%	-0.55%
Trust Income	19.13	17.95	18.09	19.39	17.52	16.43
Gain (Loss) on Sale of Investments	0.11	-69.97	-0.63	0.25	0.44	0.65
Other Non-Interest Income	59.7	55.35	53.15	52.87	49.59	50.03
Total Non-Interest Income	86.15	10.24	77.97	78.85	73.86	75.43
Non-Interest Income Growth (YoY)	784.29%	-86.87%	-1.11%	6.75%	-2.09%	-2.60%
Revenues Before Loan Losses	293.33	219.76	308.25	302.64	299.2	286.06
Provision for Loan Losses	6.96	4.34	2.79	-2.22	17.21	1.37
Revenue	286.37	215.42	305.46	304.86	281.99	284.7
Revenue Growth (YoY)	30.04%	-29.48%	0.20%	8.11%	-0.95%	-0.21%
Salaries and Employee Benefits	122.5	122.1	116.2	112.26	110.84	107.15
Occupancy Expenses	13.31	13.28	13.09	13.18	12.93	13.21
Amortization of Goodwill & Intangibles	0.33	0.33	0.87	1.32	1.48	1.67
Selling, General & Administrative	15.34	16.53	20.8	20.6	19.09	18.41
Other Non-Interest Expense	49.5	51.05	44.79	40.01	39.98	41.39
Total Non-Interest Expense	200.98	203.29	195.75	187.36	184.32	181.83
EBT Excluding Unusual Items	85.39	12.12	109.71	117.5	97.67	102.86
Other Unusual Items	-	-	-	-2.93	-	-
Pretax Income	85.39	12.12	109.71	114.57	97.67	102.86
Income Tax Expense	19.07	2.5	24.56	25.18	19.92	21.02
Earnings From Continuing Operations	66.32	9.63	85.16	89.39	77.74	81.85
Minority Interest in Earnings	-0.12	-0.12	-0.13	-0.13	-0.15	-0.13
Net Income	66.2	9.51	85.03	89.26	77.59	81.72
Preferred Dividends & Other Adjustments	0.01	0.04	0.25	0.62	0.86	1.31
Net Income to Common	66.19	9.46	84.78	88.65	76.73	80.41
Net Income Growth	371.14%	-88.82%	-4.74%	15.05%	-5.05%	-0.72%
Basic Shares Outstanding	14	14	14	15	15	15
Diluted Shares Outstanding	14	14	14	15	15	15
Shares Change (YoY)	-0.59%	-0.72%	-1.66%	-0.64%	-1.55%	-1.05%
EPS (Basic)	4.66	0.66	5.92	6.08	5.22	5.39
EPS (Diluted)	4.64	0.66	5.89	6.05	5.20	5.37
EPS Growth	376.41%	-88.79%	-2.64%	16.35%	-3.17%	0.37%
Dividend Per Share	2.420	2.400	2.310	2.190	2.100	2.020
Dividend Growth	0.83%	3.90%	5.48%	4.29%	3.96%	4.12%
Effective Tax Rate	22.33%	20.58%	22.38%	21.98%	20.40%	20.43%

Source: S&P Capital IQ. Banks template. Financial Sources.