Tompkins Financial Stock News

Tompkins Q2 EPS Up 36 Percent

ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.50 for the second quarter of 2025, up 9.5% from the immediate prior quarter, and up 36.4% from the diluted earnings per share of $1.10 reported for the second quarter of 2024. Net income for the second quarter o...

ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on August 15, 2025, to common shareholders of record on August 8, 2025. Tompkins Financial Corporation is a banking and financial services company serving th...

TMP's attractive dividend comes at the cost of earnings quality, with payout ratios nearing unsustainable levels amid weakening financials. Profitability is deteriorating due to weak deposit growth, high reliance on long-term debt, and below-industry net interest margins. Asset quality remains strong, but rising nonperforming loans and a heavy real estate loan concentration raise concerns for f...

ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.37 for the first quarter of 2025, unchanged from the immediate prior quarter, and up 16.1% from diluted earnings per share of $1.18 reported in the first quarter of 2024. Net income for the first quarter of 2025...

ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American:TMP) Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on May 16, 2025, to common shareholders of record on May 9, 2025. Tompkins Financial Corporation is a banking and financial services company serving the Centr...

Tompkins Financial Corporation is a small community lender operating in parts of New York and Pennsylvania. It has a track record of gathering relatively cheap deposits and experiencing low loan losses. Tompkins has been under-earning recently as the steep rise in the Federal funds rate squeezed its net interest margin.

Tompkins Financial's margin will likely expand in 1Q because deposit costs will continue to decline following 4Q's rate cuts, but loan yields will be kind of sticky. I'm expecting TMP's loan growth to slow down after a good year and revert to the mean. I'm raising my EPS estimate to $5.51 because the last quarter's performance beat my expectations.