logo
Share SHARE
FONT-SIZE Plus   Neg

Tompkins Financial Q2 Profit Rises - Quick Facts

Tompkins Financial Corp. (TMP) reported that its second-quarter net income to company increased to $11.01 million or $0.75 per share, from $8.83 million or $0.72 per share last year. Adjusted earnings per share was $0.76, flat with last year.

Net interest income was $39.8 million, an increase of 41.7% over the same period last year. The addition of VIST Bank and steady loan growth contributed to the year-over-year increase. Noninterest income was $16.5 million, an increase of 29.6% over the same period in 2012. The increase from the same quarter last year is mainly a result of the VIST acquisition.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Dealing a potentially fatal blow to a last-ditch effort by Republicans to repeal and replace Obamacare, Senator John McCain, R-Ariz., on Friday announced his opposition to a healthcare bill drafted by Senators Lindsey Graham, R-S.C., and Bill Cassidy, R-La. Reiterating his claim that Russian meddling in last year's election is a hoax, President Donald Trump has argued that the biggest influence on the election came from the media. Trump seemed to suggest in a post on Twitter on Friday that his victory in the presidential election came despite the media's... U.S. airlines collected a record $7.1 billion in revenue from fees for checked baggage and for changing or canceling reservations, reflecting a marked increase from 2010, according to a government report. The U.S. Government Accountability Office or GOA said in a report that U.S. airlines' revenue from these two fees increased to $7.1 billion in 2016 from $6.3 billion in 2010, in constant dollars.
comments powered by Disqus
Follow RTT