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
At Home Group Inc., the home décor retail store with 115 stores in 29 states is planning to go public. The pricing of initial public offering is expected in a range of $14 to $16 per share. The company in a filing with the SEC said it has got the approval to list the shares on the NYSE under symbol "HOME." McDonald's Corp. has suspended sales of Big Macs in Venezuela as the fast food chain is unable to source buns - one of the key components of a burger. Venezuela is suffering from food shortages recently due to an ongoing economic and political crisis. Telecom giant Verizon Communications Inc. has agreed to acquire the operating business of struggling Internet company Yahoo Inc. for about $4.83 billion in cash, the two companies said Monday. The transaction is expected to close in the first quarter of 2017.
comments powered by Disqus
Follow RTT