NewsMV
Diluted EPS of $2.04 for the second quarter of 2026 put Tompkins Financial Corporation (NYSE American: TMP) in record territory for a third straight quarter, up 36.0% from Q2 2025 and 12.1% above Q1 2026.
Net income of $29.3 million rose $7.8 million from the year-ago period. The board approved a dividend payable in Q3 2026 at a level 13% above the Q3 2025 payment.
Net interest income anchors the result Net interest income of $74.0 million for the quarter advanced $13.9 million or 23.0% from Q2 2025, with net interest margin holding at 3.58%, flat with Q1 2026 and 50 basis points above the year-ago 3.08%.
Average yield on interest-earning assets was 5.13%, up 34 basis points year over year. Average cost of funds of 1.68% fell 16 basis points over the same span.
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