TOMPKINS FINANCIAL CORP (TMP) SEC Filings

TOMPKINS FINANCIAL CORP executive John M. McKenna, EVP and President of Tompkins Community Bank, reported an exercise of 802 Stock Appreciation Rights (SARs) into 802 shares of Common Stock on 2026-08-07 at an exercise price of $76.90 per share. In a related transaction, 712 Common shares were withheld for option cost and taxes at $98.73 per share. Following these transactions, McKenna reported indirect holdings of 2,433.2255 Common shares through a 401(K) ESOP and 135.0365 Common shares through a 401(K) ISOP.

Tompkins Financial Corp executive David Kershaw, SVP and PAO, exercised 260.0000 Stock Appreciation Rights into 260.0000 shares of Common Stock at $76.9000 per share on August 4, 2026. Of these shares, 220.0000 were withheld to cover option cost and tax obligations at $101.5400 per share. He now indirectly holds 1335.4586 shares through a 401(k) and 2719.1885 shares through an ESOP.

Tompkins Financial Corp executive Eric W. Taylor (EVP, President TFA) reported a tax-related share disposition. On 2026-08-01, 45 shares of common stock were deemed disposed to the company at $99.84 per share to satisfy tax liability upon vesting of restricted stock. Following this withholding, Taylor directly holds 1,360 common shares. The transaction was not made under a Rule 10b5-1 trading plan.

Tompkins Financial Corporation reported higher profitability for the quarter ended June 30, 2026. Net income was 29,304 (in thousands), up from 21,471 a year earlier, and basic EPS increased to 2.06 from 1.51. Net interest income rose to 73,983 from 60,130 as the provision for credit loss expense decreased to 1,502 from 2,780. Total noninterest income fell to 13,134 from 22,512; insurance commissions and fees were 0 in 2026 compared with 9,609 in 2025 after the October 31, 2025 sale of Tompkins Insurance Agencies.

For the first half of 2026, net income was 55,378 (in thousands) versus 41,150 and basic EPS was 3.89 versus 2.89. Total assets were 8,801,522 at June 30, 2026, with net loans and leases of 6,538,699 and deposits of 7,029,111. The allowance for credit losses was 58,479 compared with 57,671 at year-end 2025. Accumulated other comprehensive loss widened to 32,056 from 19,054, reflecting higher unrealized losses on available-for-sale debt securities. The banking segment generated net income of 53,565 for the first six months of 2026, while wealth management contributed 1,813.

Stephen S. Romaine, President & CEO of Tompkins Financial Corp, exercised 1,734 Stock Appreciation Rights on 2026-07-28 at $76.90 per share, receiving the same number of common shares. 1,530 shares at $101.25 were withheld to cover option cost and taxes, and this SAR grant is now fully exercised. Following these transactions, he reports indirect holdings of 11,370.6856 shares via a 401(k)/ISOP, 6,057.1854 via an ESOP, and 452 held by his spouse, for which he disclaims beneficial ownership.

Diane D. Torcello, EVP & President, Tompkins WNY at Tompkins Financial Corp, exercised 250 Stock Appreciation Rights into 250 shares of Common Stock on 2026-07-27 at an exercise price of $76.9000 per share.

To cover option costs and taxes, 214 shares of Common Stock were withheld at $99.6800 per share. After these transactions, 1,865.0983 shares of Common Stock are reported as held indirectly "By ESOP."

Tompkins Financial Corporation furnished an investor presentation used at the KBW Summer Bank Conference, providing an update on its business profile, credit quality, capital and recent financial performance.

For Q2 2026, the company reported net income of 29,304 (in thousands) and diluted EPS of 2.04, up from 21,471 (in thousands) and 1.50 a year earlier, with higher net interest income of 73,983 (in thousands). Loans and leases grew by 424,524 (in thousands) and deposits by 313,316 (in thousands) versus Q2 2025, with assets highlighted at $8.8 billion. Year-to-date 2026 net income was 55,378 (in thousands) compared with 41,150 (in thousands) in the prior-year period. The presentation notes a Q2 2026 net interest margin of 3.58%, an average cost of deposits of 1.51%, a long-term average net charge-off rate of 0.05%, a core deposit base where noninterest-bearing balances are 27% of total deposits and core non-time deposits are 81.43%, and capital ratios above well-capitalized regulatory levels.

Tompkins Financial Corporation has established an automatic shelf registration on Form S-3 as a well-known seasoned issuer, allowing it to offer common and preferred stock from time to time in one or more offerings. The securities may be sold through underwriters, dealers, agents or directly, with specific terms, prices and distribution arrangements detailed in future prospectus supplements.

Net proceeds from any offerings are expected to be used for general corporate purposes, including investing in or extending credit to its banking subsidiary, holding-company investments, reducing or refinancing debt, possible acquisitions and stock repurchases. The company is authorized to issue 25,000,000 shares of common stock and 3,000,000 shares of preferred stock; as of July 23, 2026, 14,382,848 common shares were issued and outstanding and no preferred shares were outstanding. The disclosure emphasizes incorporated risk factors and extensive forward‑looking statement cautions.

Tompkins Financial Corporation posted a third consecutive quarter of record earnings. Second-quarter 2026 diluted EPS was $2.04, up 36.0% from a year earlier and 12.1% sequentially, as net income rose to $29.3 million. Net interest income increased to $74.0 million, up 23.0% year over year, with net interest margin expanding to 3.58%. For the first half of 2026, diluted EPS of $3.86 and net income of $55.4 million were up 34.5% and 34.6%, respectively.

Loans grew 6.9% from June 30, 2025, and deposits were $7.0 billion, up 4.7% year over year, while the average cost of funds was 1.68%. Noninterest income declined 41.7% to $13.1 million, primarily reflecting the prior sale of Tompkins Insurance Agencies, while noninterest expense fell 8.8% to $47.1 million. Asset quality metrics showed nonperforming assets at 0.60% of total assets and an allowance equal to 0.89% of loans, alongside higher Special Mention and Substandard balances. Regulatory Tier 1 capital to average assets was 10.69%, and available liquidity totaled $1.7 billion or 19.4% of assets. The board approved a higher quarterly cash dividend of $0.70 per share, 4.5% above the prior quarter and 13% above the dividend paid in the third quarter of 2025.