Tompkins Financial (TMP) Q3 2025 earnings summary

Executive summary

• Net income for Q3 2025 was $23.7 million ($1.65 diluted EPS), up 27% year-over-year and 10.3% sequentially; nine-month net income was $64.8 million, up 26.6% year-over-year.

• Diluted EPS for Q3 2025 was $1.65, up 10.0% sequentially and 26.9% year-over-year.

• Performance was driven by net interest margin expansion, higher net interest income, and 7% loan and deposit growth.

• Return on average assets for Q3 2025 was 1.13%; return on average equity was 12.17%.

Financial highlights

• Net interest income for Q3 2025 was $63.9 million, up 20.1% year-over-year and 6.2% sequentially; nine-month net interest income was $180.7 million, up 16.7%.

• Net interest margin for Q3 2025 was 3.20%, up from 2.79% in Q3 2024 and 12 bps from Q2 2025; nine-month margin was 3.09%.

• Total assets reached $8.5 billion, up 4.4% from year-end 2024; total loans grew 4.5% to $6.3 billion.

• Total deposits increased 9.0% to $7.1 billion; loan to deposit ratio was 89.2% as of September 30, 2025.

• Allowance for credit losses was $59.9 million (0.95% of loans), up from $56.5 million at year-end.

Outlook and guidance

• Management expects continued growth in net interest income and stable asset quality, supported by strong capital and liquidity positions.

• Interest rate risk is managed within board-approved limits; a 200 basis point rate shift is projected to impact net interest income by ±2.3%.

• Forward-looking statements highlight risks from economic, regulatory, and geopolitical factors.