Tompkins Financial Reports Q4 Net Income of $19.7 Million
ITHACA, N.Y. - Tompkins Financial Corp. (TMP) reported a net income of $19.7 million in its fourth quarter, according to a Friday announcement. This equates to earnings per share of $1.37.
The Ithaca-based bank generated $110.9 million in revenue during the period, with $77.1 million in revenue net of interest expense, exceeding market expectations.
For the entire year, the company reported a profit of $70.9 million, or $4.97 per share, on revenue of $299.2 million.