Tompkins Financial reports Q2 EPS 87c, consensus 87c Reports Q2 net interest income of $40.5M. Reports Q2 provision expense declined to $67K compared to $2.5M last year. Reports Q2 credit quality improved with total non-performing assets at June 30, 2014 down 18.0% from the most recent prior quarter, and down 24.0% from the same period last year. Reports Q2 total loans were up 5.7% over the same period in 2013, and were up an annualized 2.2% over year-end 2013.
Tompkins Financial increases cash dividend by 5% to 42c Tompkins Financial nnounced that its board approved payment of a regular quarterly cash dividend of 42c per share, payable on November 14 to common shareholders of record on November 4. The current dividend represents a 5.0% increase over the 40c cash dividend paid in Q3.