Tompkins: Fourth Quarter Earnings Overview
Tompkins Financial Corp. Announces Fourth Quarter Results
Tompkins Financial Corp., headquartered in Ithaca, New York, has announced its financial results for the fourth quarter, revealing a net profit of $96.2 million.
The company reported earnings of $6.70 per share for the quarter. When excluding one-time gains, adjusted earnings stood at $1.78 per share.
During this period, Tompkins Financial generated $226.7 million in total revenue. After accounting for interest expenses, net revenue reached $194.8 million, surpassing analysts’ expectations.
Looking at the full year, the company achieved a total profit of $161.1 million, or $11.24 per share, with annual revenue amounting to $446.6 million.
Financial data for this article was compiled using information from Zacks Investment Research and processed by Automated Insights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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