Tompkins Financial Corp. Reports Significant Growth in Q2 2025 Earnings

Tompkins Financial Corporation has reported a notable increase in its second quarter financial results for 2025, with diluted earnings per share rising to $1.50, marking a 9.5% increase from the previous quarter and a 36.4% increase from the second quarter of 2024. Net income for the quarter reached $21.5 million, up by $5.8 million compared to the same period last year. This growth is attributed to net interest margin expansion and overall business growth, including a 7.5% increase in average loans and a 5.2% rise in average deposits.

Stephen Romaine, President and CEO of Tompkins Financial, emphasized the company's positive momentum and its commitment to supporting local communities and building customer relationships. The company's net interest margin improved to 3.08%, with total loans and deposits showing significant growth. Additionally, Tompkins Financial announced a new Stock Repurchase Program, authorizing the repurchase of up to 400,000 shares of its common stock over the next 24 months, reflecting confidence in its financial health and future prospects.

The financial results also highlighted improvements in asset quality and capital ratios, with nonperforming assets decreasing and capital ratios remaining well above regulatory minimums. The company's liquidity position remains stable, with access to $1.5 billion in liquidity, ensuring readiness to meet future opportunities and challenges.