Tompkins Financial Q1 Profit Up

(RTTNews) - Tompkins Financial Corporation (TMP) Friday reported first-quarter profit of $12.6 million or $0.84 per share, up from $11.5 million or $0.79 per share in the same period last year.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.84 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income improved to $40.0 million from $38.2 million last year. Net-interest margin was 3.60 percent, compared to 3.57 percent last year. Non-interest income totaled $17.4 million, in-line with last year.