Tompkins Financial Corporation (TMP) Financial Statements (2025 and earlier)

Company Profile

Business Address 118 E SENECA STREET
ITHACA, NY 14850
State of Incorp. NY
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments80,32978,61464,009389,391138,89781,276
Cash and cash equivalent79,54277,83763,107388,462137,98280,389
Short-term investments787777902929915887
Total current assets:80,32978,61464,009389,391138,89781,276
Noncurrent Assets
Operating lease, right-of-use asset27,70033,100  33,501
Property, plant and equipment79,68782,14085,41688,70994,35597,202
Long-term investments and receivables5001,5001,6001,5001,5001,400
Long-term investments5001,5001,6001,5001,5001,400
Intangible assets, net (including goodwill)94,92995,31096,09097,35298,67099,911
Goodwill92,60292,60292,44792,44792,44792,283
Intangible assets, net (excluding goodwill)2,3272,7083,6434,9056,2237,628
Investment, proportional amortization method, elected, amount2,3002,500971804851,000
Total noncurrent assets:205,116214,550183,203187,741228,511199,513
Other undisclosed assets7,534,3047,377,5227,572,7707,045,0396,358,2156,477,647
TOTAL ASSETS:7,819,7497,670,6867,819,9827,622,1716,725,6236,758,436
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt40,00010,00010,00030,000177,256279,000
Total current liabilities:40,00010,00010,00030,000177,256279,000
Noncurrent Liabilities
Long-term debt and lease obligation:     32,666 
Operating lease, liability     32,666
Total noncurrent liabilities:     32,666 
Other undisclosed liabilities7,109,8157,043,2967,081,0416,874,4825,852,6475,858,565
Total liabilities:7,149,8157,053,2967,091,0416,904,4826,062,5696,137,565
Equity
Equity, attributable to parent668,522615,978727,529716,277661,642619,459
Common stock1,4441,4561,4701,4961,5011,535
Treasury stock, value(6,610)(6,279)(5,791)(5,534)(5,279)(4,902)
Additional paid in capital297,183302,763312,538333,976338,507366,595
Accumulated other comprehensive loss(125,005)(208,689)(55,950)(32,074)(43,564)(63,165)
Retained earnings501,510526,727475,262418,413370,477319,396
Equity, attributable to noncontrolling interest 1,4121,4121,4121,4121,4121,412
Total equity:669,934617,390728,941717,689663,054620,871
TOTAL LIABILITIES AND EQUITY:7,819,7497,670,6867,819,9827,622,1716,725,6236,758,436

Income Statement (P&L) ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues298,459254,179249,863259,012257,855243,770
Net investment income261,108217,978215,027227,507226,764214,401
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(4,339)(2,789) (16,151)(1,366)(3,942)
Gross profit:294,120251,390249,863242,861256,489239,828
Operating expenses(125,156)(125,407)(121,635)(116,253)(116,407)(112,993)
Other operating income, net
(Noninterest Income, Other Operating Income)
6,5115,9257,2038,8178,41613,130
Operating income:175,475131,908135,431135,425148,498139,965
Interest and debt expense (87,844)(21,043)(17,526)(28,991)(50,750)(39,792)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (8,768)5,1134,067
Income from continuing operations before equity method investments, income taxes:87,631110,865117,90597,666102,861104,240
Other undisclosed loss from continuing operations before income taxes(75,507)(1,152)(3,332)   
Income from continuing operations before income taxes:12,124109,713114,57397,666102,861104,240
Income tax expense(2,495)(24,557)(25,182)(19,924)(21,016)(21,805)
Income from continuing operations:9,62985,15689,39177,74281,84582,435
Income before gain (loss) on sale of properties:89,39177,74281,84582,435
Net income:9,62985,15689,39177,74281,84582,435
Net loss attributable to noncontrolling interest(124)(126)(127)(154)(127)(127)
Net income attributable to parent:9,50585,03089,26477,58881,71882,308
Other undisclosed net loss available to common stockholders, basic (42)(250)(615)(857)(1,306)(1,315)
Net income available to common stockholders, diluted:9,46384,78088,64976,73180,41280,993

Comprehensive Income ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:9,62985,15689,39177,74281,84582,435
Other comprehensive income (loss)83,684(152,739)(23,876)11,49019,601(11,934)
Comprehensive income (loss):93,313(67,583)65,51589,232101,44670,501
Comprehensive loss, net of tax, attributable to noncontrolling interest(124)(126)(127)(154)(127)(127)
Comprehensive income (loss), net of tax, attributable to parent:93,189(67,709)65,38889,078101,31970,374

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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