Tompkins Financial (TMP) Q4 2025 earnings summary

Executive summary

• Achieved record diluted earnings per share (GAAP) of $6.70 for Q4 2025, up 389.1% year-over-year, and $11.24 for the full year, up 126.2% year-over-year.

• Net income for Q4 2025 was $96.2 million, up 389.6% year-over-year; full-year net income was $161.1 million, up 127.3%.

• Results driven by the sale of Tompkins Insurance Agencies (TIA), strong loan and deposit growth, and improved net interest margin.

Financial highlights

• Operating diluted EPS (non-GAAP) was $1.78 for Q4 2025 and $6.31 for the year, both record highs.

• Net interest income for Q4 2025 was $69.1 million, up 22.7% year-over-year; full-year net interest income was $249.7 million, up 18.3%.

• Noninterest income for Q4 2025 was $125.8 million, up 503.8% year-over-year, mainly due to the TIA sale.

• Noninterest expense for Q4 2025 was $54.1 million, up 8.3% year-over-year; full-year noninterest expense was $210.2 million, up 5.3%.

• Provision for income tax expense was $43.5 million for Q4 2025 (effective rate 31.1%) and $63.8 million for the year (effective rate 28.4%).

Outlook and guidance

• Management expects the sale of low-yield securities and reinvestment at higher yields to favorably impact future securities revenue.

• Balance sheet restructuring and capital from the TIA sale position the company for continued momentum and strategic investments in 2026.