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Tompkins Financial Corp Q4 net income decreased 23.3% to $15.0 million, with a 22.8% drop in diluted EPS to $1.05.
Tompkins Financial Corp reported a 23.3% decline in Q4 net income to $15 million, and a 22.8% drop in diluted earnings per share to $1.05, due to higher costs.
Despite the decline, the company's net interest margin expanded to 2.82%.
Loan growth increased by 6.4% year-over-year, and total deposits decreased by 3.1%.
Non-performing assets increased to 0.8%.
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Los ingresos netos del cuarto trimestre de Tompkins Financial Corp disminuyeron un 23,3% a 15,0 millones de dólares, con una caída del 22,8% en las EPS diluidas a 1,05 dólares.