Filing Flows › Tompkins Financial (TMP) › Q1 2025
Tompkins Financial (TMP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Tompkins Financial (TMP) reported revenue of $81.7M for the first quarter 2025 (Q1 2025), +12% from a year earlier and +6% from the quarter before. Operating margin was 31.6%, net earnings $19.7M (24.1% of revenue).
Tompkins Financial, Q1 2025: revenue $81.7M (+12% year over year), operating margin 31.6%, net earnings $19.7M, operating cash flow $22.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $81.7M | +6% | +12% |
| Operating profit | $25.8M | +0.3% | +17% |
| Net earnings | $19.7M | 0% | +16% |
| Operating cash flow | $22.2M | -4% | -4% |
| Free cash flow | $20.9M | -4% | -4% |
What changed
Revenue was $81.7M in Q1 2025, up 12% year over year and up 6% from the previous quarter. Commissions and Fees was the largest line at 12% of revenue. Contingent Commissions added $713K year over year (up 55%), 8% of the total change. Mutual Fund & Investment Income declined 58%.
Operating profit was $25.8M, a 31.6% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 42% reached operating profit, above the 30% margin then. Total costs grew 10% against revenue growth of 12%. The fastest-growing cost line was Credit loss provision (+519%). Net earnings were $19.7M, up 17% year over year. The effective tax rate was 23.7%.
Operating cash flow was $22.2M (down 4% year over year), 113% of net earnings. Non-cash charges added back $943K of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $1.4M left free cash flow of $20.9M.
Questions
What was Tompkins Financial's revenue in the first quarter 2025?
Tompkins Financial (TMP) reported revenue of $81.7M for the first quarter 2025 (Q1 2025), +12% from a year earlier and +6% from the quarter before.
Was Tompkins Financial profitable in the first quarter 2025?
Operating profit was $25.8M (31.6% of revenue) and net earnings $19.7M.
Source: Tompkins Financial 10-Q on SEC EDGAR.