← TOMPKINS FINANCIAL CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $85.0m $9.5m $70.8m $161.1m
Net Income (Loss) Attributable to Parent $59.3m $52.5m $82.3m $81.7m $77.6m $89.3m $85.0m $9.5m $70.8m $161.1m
Net Income (Loss) Available to Common Stockholders, Basic $58.4m $51.7m $81.0m $80.4m $76.7m $88.6m $84.8m $9.5m $70.8m $161.1m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $59.5m $52.6m $82.4m $81.8m $77.7m $89.4m $85.2m $9.6m $71.0m $161.1m
Net Income (Loss) Attributable to Noncontrolling Interest $131k $128k $127k $127k $154k $127k $126k $124k $123k $0
Depreciation and amortization $6.8m $8.3m $9.6m $10.0m $10.2m $10.2m $10.7m $11.4m $10.1m $8.3m
Amortization of Intangible Assets $2.1m $1.9m $1.8m $1.7m $1.5m $1.3m $873k $334k $332k $292k
Other Depreciation and Amortization $6.8m $8.3m $9.6m $10.0m $10.2m $10.2m $10.7m $11.4m $10.1m $8.3m
Amortization Cash Flow — — — — — — $873k $334k $332k $292k
Amortization Of Intangibles — — — — — — $873k $334k $332k $292k
Amortization Of Securities — — — — — — $5.6m $2.4m ($1.1m) ($4.0m)
Depreciation Amortization Depletion — — — — — — $11.6m $11.7m $10.5m $8.6m
Deferred Income Tax Expense (Benefit) $1.9m $14.6m $2.4m $3.1m ($6.3m) $1.8m $910k ($434k) ($3.1m) ($1.4m)
Deferred Income Tax — — — — — — $910k ($434k) ($3.1m) ($1.4m)
Deferred Tax — — — — — — $910k ($434k) ($3.1m) ($1.4m)
Share-based Payment Arrangement, Noncash Expense $2.3m $3.0m $3.5m $4.2m $4.7m $5.1m $4.3m $4.1m $4.6m $3.5m
Equity Method Investment, Other than Temporary Impairment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Goodwill and Intangible Asset Impairment — $0 $0 $0 $0 $0 $0 $0 $0 $0
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $926k ($407k) ($466k) $645k $443k $249k ($634k) ($70.0m) $32k ($78.7m)
Gain (Loss) on Disposition of Property Plant Equipment ($7k) $30k $2.9m $98k $3k $21k $105k $55k $218k ($28k)
Gain (Loss) on Disposition of Assets — — $3.0m $98k $3k — — — — —
Gain (Loss) on Disposition of Business — — — — — — — — — $188.2m
Income Tax Expense (Benefit) $27.0m $42.6m $21.8m $21.0m $19.9m $25.2m $24.6m $2.5m $22.0m $63.8m
Operating Lease, Expense — — — — $4.9m $4.9m $4.6m $4.7m $4.1m $3.9m
Additional Financial Items
Bank Owned Life Insurance Income $2.1m $2.2m $1.8m $2.2m $2.2m $1.9m $1.2m $1.7m $2.8m $2.4m
Gain (Loss) on Sales of Loans, Net $95k $50k $458k $227k $2.1m $943k $155k $96k $1.0m $2.2m
Proceeds from Stock Options Exercised ($806k) ($641k) ($540k) ($992k) — — — — — —
Parent Company $26.6m $27.6m $29.6m $30.6m $31.4m $32.4m $33.6m $34.5m $35.0m $36.1m
Debt Securities, Available-for-sale, Realized Gain (Loss) — — ($440k) $528k $179k $275k ($11.9m) ($70.0m) $50k ($78.7m)
Equipment Expense $6.5m $7.0m $7.4m $7.8m $7.8m $8.3m $8.1m $8.7m $7.7m $7.5m
Equity Securities, FV-NI, Realized Gain (Loss) — — — — — — — $10k ($18k) $32k
Gain (Loss) on Sale of Mortgage Loans $95k $50k $458k $227k $2.1m $943k $155k $96k $1.0m $2.2m
Goodwill $92.6m $92.3m $92.3m $92.4m $92.4m $92.4m $92.6m $92.6m $92.6m $72.7m
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $16.2m ($2.2m) $2.8m $4.3m $6.6m $11.5m
Beginning Cash Position — — — — — — $63.1m $77.8m $79.5m $134.4m
Cash Flow From Continuing Financing Activities — — — — — — ($80.2m) $59.0m $210.3m $260.3m
Cash Flow From Continuing Investing Activities — — — — — — ($8.4m) ($146.3m) ($250.4m) ($300.7m)
Change In Account Payable — — — — — — $519k $2.1m $1.4m $66k
Change In Income Tax Payable — — — — — — — $7.6m $10.2m $37.5m
Change In Payable — — — — — — $519k $9.6m $11.6m $37.5m
Change In Payables And Accrued Expense — — — — — — $519k $9.6m $11.6m $37.5m
Change In Receivables — — — — — — ($2.3m) ($1.2m) ($2.7m) ($1.9m)
Change In Tax Payable — — — — — — — $7.6m $10.2m $37.5m
Change In Working Capital — — — — — — ($1.7m) $8.4m $8.8m $35.6m
Changes In Account Receivables — — — — — — ($2.3m) ($1.2m) ($2.7m) ($1.9m)
Changes In Cash — — — — — — $14.7m $1.7m $54.9m ($1.6m)
End Cash Position — — — — — — $77.8m $79.5m $134.4m $132.8m
Excess Tax Benefit From Stock Based Compensation — — — — — — $365k ($229k) ($134k) $69k
Financing Cash Flow — — — — — — ($80.2m) $59.0m $210.3m $260.3m
Free Cash Flow — — — — — — $95.2m $82.2m $88.8m $31.9m
Gain Loss On Investment Securities — — — — — — $634k $70.0m ($32k) $78.7m
Gain Loss On Sale Of Business — — — — — — — $0 $0 ($188.2m)
Gain Loss On Sale Of PPE — — — — — — ($105k) ($55k) ($218k) $28k
Investing Cash Flow — — — — — — ($8.4m) ($146.3m) ($250.4m) ($300.7m)
Issuance Of Capital Stock — — — — — — $0 $0 $170k $119k
Net Business Purchase And Sale — — — — — $0 — $0 $0 $220.7m
Net PPE Purchase And Sale — — — — — — ($7.9m) ($6.6m) ($5.9m) ($4.5m)
Operating Gains Losses — — — — — — $374k $69.8m ($1.3m) ($111.7m)
Other Non Cash Items — — — — — — ($5.9m) ($20.7m) ($860k) ($64.5m)
Proceeds From Stock Option Exercised — — — — — — $655k ($1.3m) ($1.4m) ($1.0m)
Purchase Of PPE $16.1m $35.3m $18.1m $6.0m $4.6m $4.7m ($8.2m) ($6.8m) ($6.2m) ($6.9m)
Repurchase Of Capital Stock — — — — — — ($15.4m) ($8.7m) $0 ($1.6m)
Sale Of Business — — — — — — — $0 $0 $220.7m
Sale Of PPE — — — — — — $223k $146k $294k $2.4m
Stock Based Compensation — — — — — — $4.3m $4.1m $4.6m $3.5m
Net Cash Provided by (Used in) Operating Activities $90.9m $86.1m $107.3m $101.6m $101.4m $121.2m $103.3m $89.0m $95.0m $38.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $16.1m $35.3m $18.1m $6.0m $4.6m $4.7m $8.2m $6.8m $6.2m $6.9m
Net Investment Purchase And Sale — — — — — — $197.6m $210.8m $182.5m ($99.1m)
Purchase Of Investment — — — — — — ($183.1m) ($391.5m) ($55.9m) ($812.6m)
Sale Of Investment — — — — — — $380.7m $602.3m $238.4m $713.5m
Payments for (Proceeds from) Other Investing Activities ($119k) ($2.6m) ($216k) ($5.2m) ($489k) ($23k) $431k ($654k) $1.3m $0
Net Other Investing Changes — — — — — — ($5.0m) ($13.5m) $1.9m $27.6m
Net Cash Provided by (Used in) Investing Activities — — — $134.0m ($643.7m) ($583.3m) ($8.4m) ($146.3m) ($250.4m) ($300.7m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $244.5m $166.6m $151.1m $303.0m $545.6m $453.7m $208.7m $161.8m $198.4m $228.0m
Issuance Of Debt — — — — — — $435.9m $450.4m $804.9m $367.4m
Long Term Debt Issuance — — — — — — $435.9m $450.4m $804.9m $367.4m
Net Issuance Payments Of Debt — — — — — — $167.3m $310.8m $188.1m ($225.8m)
Net Long Term Debt Issuance — — — — — — $167.3m $310.8m $188.1m ($225.8m)
Long Term Debt Payments — — — — — — ($268.6m) ($139.6m) ($616.8m) ($593.2m)
Repayment Of Debt — — — — — — ($268.6m) ($139.6m) ($616.8m) ($593.2m)
Proceeds from Issuance of Common Stock $0 $0 — — — — — — $170k $119k
Common Stock Issuance — — — — — — $0 $0 $170k $119k
Net Common Stock Issuance — — — — — — ($15.4m) ($8.7m) $170k ($1.5m)
Payments for Repurchase of Common Stock $1.2m $0 $2.4m $29.9m $9.4m $23.8m $15.4m $8.7m $0 $1.6m
Payments of Ordinary Dividends, Common Stock $27 $28 $30 $31 $31 $32 $34 $35 $35 $36
Common Stock Payments — — — — — — ($15.4m) ($8.7m) $0 ($1.6m)
Cash Dividends Paid — — — — — — ($33.6m) ($34.5m) ($35.0m) ($36.1m)
Common Stock Dividend Paid — — — — — — ($33.6m) ($34.5m) ($35.0m) ($36.1m)
Net Cash Provided by (Used in) Financing Activities — — — ($178.0m) $792.8m $136.8m ($80.2m) $59.0m $210.3m $260.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $250.5m ($325.4m) $14.7m $1.7m $54.9m ($1.6m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $388.5m $63.1m $77.8m $79.5m $134.4m $132.8m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $14.7m $1.7m $54.9m ($1.6m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $51.5m $30.3m $16.9m $21.0m $86.3m $135.5m $132.5m
Income Taxes Paid, Net $24.7m $31.0m $16.9m $16.7m $22.9m $28.6m $23.9m $10.4m $14.8m $27.4m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.