Tompkins Financial Corp 2025年度报告

This letter to shareholders contains “forward-looking statements” within the meaning of the Private SecuritiesLitigation Reform Act of 1995. The statements contained in this letter that are not statements of historicalfact may include forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements may be identified by use of such words as “may”, “could”, “should”, “will”, “would”,“estimate”, “intend”, “continue”, “believe”, “expect”, “plan”, “commit”, or “anticipate”, as well as the negativeand other variations of these terms, and other similar words. Examples of forward-looking statements mayinclude statements regarding expectations regarding future securities revenue; plans to launch products;anticipated prospects, growth, and strategies; expectations regarding future financial condition, income,capital expenditures, costs, or other financial results; and other characterizations of future events orcircumstances as well as other statements that are not statements of historical fact. Forward-lookingstatements are made based on management’s expectations and beliefs concerning future events impactingthe Company and are subject to uncertainties and factors relating to the Company’s operations and economicenvironment, all of which are difficult to predict and many of which are beyond the control of the Company,that could cause actual results of the Company to differ materially from those expressed and/or implied byforward-looking statements and historical performance. The following factors, in addition to those listed asRisk Factors in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, areamong those that could cause actual results to differ materially from the forward-looking statements andhistorical performance: changes in general economic, market and regulatory conditions; our ability to attractand retain deposits and other sources of liquidity; gross domestic product growth and inflation trends; theimpact of the interest rate and inflationary environment on the Company’s business, financial condition andresults of operations; other income or cash flow anticipated from the Company’s operations, investmentand/or lending activities; changes in laws and regulations affecting public companies, banks, bank holdingcompanies and/or financial holding companies, including the Dodd-Frank Act, and other federal, state andlocal government mandates; the impact of any change in the FDIC insurance assessment rate or the rulesand regulations related to the calculation of the FDIC insurance assessment amount; changes in supervisoryand regulatory scrutiny of financial institutions; technological developments and changes; cybersecurityincidents and threats; the ability to continue to introduce competitive new products and services on a timely,cost-effective basis; governmental and public policy changes, including environmental regulation; relianceon large customers; the geographic concentration of our business; the ability to access financial resources inthe amounts, at the times, and on the terms required to support the Company’s future businesses; and theeconomic impact, including potential market volatility, of national and global events, including the responseto bank failures, war and geopolitical matters (including continuing or increasing hostilities in the MiddleEast and the war in Ukraine), tariffs and trade wars, widespread protests, civil unrest, political uncertainty,and pandemics or other public health crises; and the related financial stress on borrowers and changes tocustomer behavior and credit risk as a result of any of the foregoing. The Company does not undertake anyobligation to update its forward-looking statements. Dan FessendenBOARD CHAIRSteve RomainePRESIDENT & CEO TO O U R VAL U E D S H A R E H O L D E R S ƑƏƑƔ‰-v-7;Cmbm]‹;-u=ou$olrhbmv bm-m1b-ѴŌom;|_-|v_o‰1-v;7|_;v|u;m]|_o=o†u=u-m1_bv;ķ|_;7;7b1-ঞomo=o†u|;-lv-m7|_;ro‰;uo=7bv1brѴbm;7;Š;1†ঞomĺ†v||‰o‹;-uv-]oķo†ubm7†v|u‹;l;u];7=uol-r;ubo7o=1_-ѴѴ;m];vķbm1Ѵ†7bm]mo|-0Ѵ;0-mh=-bѴ†u;v-m7|_;=-v|;v|bm1u;-v;bmbm|;u;v|u-|;vbm|_;r-v|ƔƏ‹;-uvĺ);-vh;7o†u;lrѴo‹;;v|o=o1†vķ|o-7-r|ķ-m7|o1ollb||ou;v|oubm]|_;v†v|-bm-0Ѵ;ķ_b]_Ŋr;u=oulbm]0†vbm;vv‹o†;Šr;1|=uol$olrhbmvĺ Together, we delivered. In 2025, Tompkins achieved the strongest netincome in our company’s history. R E CO R D F I N AN CI AL PE R F O R M A N C E †uu;v†Ѵ|vu;Y;1|0o|_|_;u;vbѴb;m1;o=o†uou]-mbŒ-ঞom-m7|_;v†11;vvo=o†uѴom]Ŋ|;ulv|u-|;]b17bu;1ঞomĺ Diluted earnings per share reached $11.24, an increase of 126.2% from 2024, while netincome rose to $161.1 million, up $90.2 million, or 127.3%, year over year. These resultsincluded the successful sale of Tompkins Insurance Agencies, Inc. to Arthur J. GallagherRisk Management Services, LLC for a net gain of $188.2 million, providing meaningfulcapital to support future strategic investments. Š1Ѵ†7bm]|_;v-Ѵ