Tompkins Financial reports Q1 EPS $1.37, consensus $1.31

Reports Q1 net interest income $56.66M. Reports Q1 net interest margin 2.98% vs. 2.73% last year. Tangible book value per share $44.88. Tompkins President and CEO, Stephen Romaine, commented, “Our first quarter earnings continued the positive momentum from 2024. Our improved results were driven by growth in net interest income, noninterest income, and increased loan and deposit balances as compared to the first and fourth quarters of 2024. As we begin the year with new economic uncertainty, we believe that we remain well positioned with a strong balance sheet. We are committed to supporting our local communities and driving growth through building quality customer relationships.”