Tompkins Financial (TMP) Q2 2026 earnings summary

Executive summary

• Achieved record diluted EPS of $2.04 in Q2 2026, up 36% year-over-year and 12.1% sequentially.

• Net income for Q2 2026 was $29.3 million, up 36.5% year-over-year and 12.4% from Q1 2026.

• Year-to-date net income reached $55.4 million, a 34.6% increase over the same period in 2025.

• Announced a 13% dividend increase for Q3 2026 compared to Q3 2025.

Financial highlights

• Net interest income for Q2 2026 was $74.0 million, up 23% year-over-year and 3% sequentially.

• Net interest margin was 3.58% in Q2 2026, up 50 bps year-over-year and stable sequentially.

• Noninterest income fell 41.7% year-over-year due to the sale of the insurance subsidiary.

• Noninterest expense decreased 8.8% year-over-year, mainly from the insurance subsidiary sale.

• Provision for credit losses was $1.5 million, down from $2.8 million in Q2 2025.

Outlook and guidance

• Management highlighted continued profitability momentum and healthy loan/deposit growth.

• Forward-looking statements cite economic, regulatory, and geopolitical risks.