Tompkins Financial Corporation (“Tompkins” or the “Company”) reported diluted earnings per share of $0.59 for the second quarter of 2023, down 56.3% from the immediate prior quarter, and down 59.3% from diluted earnings per share of $1.45 reported in the second quarter of 2022. Net income for the second quarter of 2023 was $8.5 million, down $12.4 million, or 59.4%, when compared to the $20.9 million reported for the same period in 2022. Results for the current quarter were negatively affected by the sale of $80.9 million of available-for-sale securities. Though the sale resulted in a $7.1 million pre-tax loss […]

Nonprofits in the New York Con Edison region are experiencing remarkable savings when switching to solar. If your location is a good candidate for solar, THIS is the time to switch. The federal tax credit (direct pay to nonprofits) and NYSERDA (NY-Sun Con Edison region) rebates have made switching to solar for nonprofits a true no brainer. So, if you have a good location for solar, the decision to switch is an easy one based on the above and the lifetime savings you’ll enjoy (we’re saving a local religious institution over $2 million off their utility bills over the lifetime […]

Long-time BCW board member Stacey Cohen has been recognized as one of Crain’s New York Business’ Notable Leaders in Advertising, Marketing & PR. This prestigious accolade celebrates outstanding professionals who have made significant contributions to their respective fields. Crain’s New York Business, a leading publication covering business and industry trends in the New York region, annually curates a list of individuals who have demonstrated exceptional expertise and achievements in the dynamic world of advertising, marketing, and public relations. As the founder and CEO of Co-Communications, a full-service marketing agency, Stacey has led her team in developing groundbreaking campaigns that have […]