Tompkins Financial (TMP) Q2 2026 earnings summary

Executive summary

• Net income for Q2 2026 was $29.3M ($2.04 diluted EPS), up 36.5% year-over-year and 12.4% sequentially; six-month net income was $55.4M, up 34.6% year-over-year.

• Return on average assets (ROA) for Q2 2026 was 1.36%; return on equity (ROE) was 12.32%.

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

• Growth in net interest margin and loan balances drove improved profitability.

Financial highlights

• Net interest income for Q2 2026 was $74.0M, up 23% year-over-year and 3% sequentially; six-month net interest income was $145.8M, up 24.9%.

• Net interest margin for Q2 2026 was 3.58%, 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%.

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

• Total assets reached $8.8B at June 30, 2026, up 1.5% from year-end 2025.

Outlook and guidance

• Management expects continued focus on organic growth, prudent risk management, and profitability momentum.

• Interest rate risk simulations indicate minimal risk to net interest income from rate changes over the next 12 months.

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