View ValuationTompkins Financial 将来の成長Future 基準チェック /06Tompkins Financialの収益と利益はそれぞれ年間8%と20.2%減少すると予測されていますが、EPS は年間20.9% 減少すると予測されています。主要情報-20.2%収益成長率-20.91%EPS成長率Banks 収益成長8.3%収益成長率-8.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日27 Apr 2026今後の成長に関する最新情報Price Target Changed • Feb 04Price target increased by 8.3% to US$84.50Up from US$78.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$83.38. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$7.37 for next year compared to US$11.30 last year.Major Estimate Revision • Nov 05Consensus EPS estimates increase by 96%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$6.05 to US$11.87. Revenue forecast steady at US$336.9m. Net income forecast to grow 43% next year vs 18% growth forecast for Banks industry in the US. Consensus price target of US$80.00 unchanged from last update. Share price rose 6.7% to US$68.21 over the past week.Price Target Changed • Jul 28Price target increased by 12% to US$59.00Up from US$52.50, the current price target is provided by 1 analyst. New target price is 7.5% below last closing price of US$63.80. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of US$4.50 for next year compared to US$0.66 last year.Price Target Changed • Apr 29Price target decreased by 7.2% to US$51.50Down from US$55.50, the current price target is an average from 2 analysts. New target price is 15% above last closing price of US$44.80. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$4.21 for next year compared to US$0.66 last year.Price Target Changed • Mar 25Price target decreased by 10% to US$52.50Down from US$58.50, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of US$47.80. Stock is down 29% over the past year. The company is forecast to post earnings per share of US$4.54 for next year compared to US$0.66 last year.Price Target Changed • Jan 10Price target increased by 11% to US$58.50Up from US$52.50, the current price target is an average from 2 analysts. New target price is 7.7% above last closing price of US$54.34. Stock is down 28% over the past year. The company is forecast to post earnings per share of US$0.84 for next year compared to US$5.92 last year.すべての更新を表示Recent updatesライブニュース • May 07Tompkins Financial Achieves Record Q1 Net Income After Insurance Business SaleTompkins Financial reported record Q1 2026 net income of $26.1 million, compared with $19.7 million in the prior year period, with earnings per share at $1.82. Total revenue for Q1 2026 was $114.5 million, supported by stronger net interest income and higher loan and securities yields. The company completed the sale of Tompkins Insurance Agencies in October 2025, which reduced noninterest income but simplified the business and left wealth management with approximately $2.9b in assets under management as of March 31, 2026. For investors, the key takeaway is that Tompkins is leaning more heavily into traditional banking and fee-based wealth management after exiting its insurance subsidiary. The record Q1 2026 net income and higher net interest income reflect a business mix that currently benefits from loan and securities yields, while asset quality is described as strong with a stable allowance for credit losses. The reduced noninterest income from the insurance sale means earnings may rely more on core banking and wealth activities going forward. With wealth management assets at about $2.9b, that segment now appears more central to the company’s business mix, and its growth and fee trends are likely to be important data points in upcoming quarters. Investors may want to watch how the company manages growth, credit quality and capital deployment under this simpler structure.New Risk • Apr 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 20% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Declared Dividend • Apr 27First quarter dividend of US$0.67 announcedShareholders will receive a dividend of US$0.67. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 22% over the next year. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Apr 26First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$1.83 (up from US$1.38 in 1Q 2025). Revenue: US$82.2m (up 7.6% from 1Q 2025). Net income: US$26.1m (up 33% from 1Q 2025). Profit margin: 32% (up from 26% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.7%. Revenue is expected to decline by 8.4% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 25+ 1 more updateTompkins Financial Corporation Reports Charge Offs for the First Quarter Ended March 31, 2026Tompkins Financial Corporation reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $775,000 compared to $733,000 a year ago.お知らせ • Apr 07Tompkins Financial Corporation, Annual General Meeting, May 19, 2026Tompkins Financial Corporation, Annual General Meeting, May 19, 2026. Location: at the companys headquarters, located at 118 e., seneca street, ithaca United StatesReported Earnings • Mar 02Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$11.30 (up from US$4.98 in FY 2024). Revenue: US$435.1m (up 49% from FY 2024). Net income: US$161.1m (up 127% from FY 2024). Profit margin: 37% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.17% (up from 2.79% in FY 2024). Non-performing loans: 0.74% (down from 0.84% in FY 2024). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is expected to decline by 7.4% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 9.0%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 04Fourth quarter dividend of US$0.67 announcedShareholders will receive a dividend of US$0.67. Ex-date: 13th February 2026 Payment date: 22nd February 2026 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (22% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 33% over the next 2 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range.Price Target Changed • Feb 04Price target increased by 8.3% to US$84.50Up from US$78.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$83.38. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$7.37 for next year compared to US$11.30 last year.Reported Earnings • Feb 01Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$11.30 (up from US$4.98 in FY 2024). Revenue: US$435.1m (up 49% from FY 2024). Net income: US$161.1m (up 127% from FY 2024). Profit margin: 37% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.17% (up from 2.79% in FY 2024). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is expected to decline by 8.1% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 8.8%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.New Risk • Jan 31New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Jan 30+ 1 more updateTompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on February 22, 2026Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.67 per share, payable on February 22, 2026, to common shareholders of record on February 13, 2026. The dividend amount represents an increase of $0.05 per share, or 8.1% over the dividend paid in the first quarter of 2025.Major Estimate Revision • Nov 05Consensus EPS estimates increase by 96%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$6.05 to US$11.87. Revenue forecast steady at US$336.9m. Net income forecast to grow 43% next year vs 18% growth forecast for Banks industry in the US. Consensus price target of US$80.00 unchanged from last update. Share price rose 6.7% to US$68.21 over the past week.New Risk • Nov 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Nov 04Arthur J. Gallagher & Co. (NYSE:AJG) acquired Tompkins Insurance Agencies, Inc. from Tompkins Financial Corporation (NYSEAM:TMP) for $183 million.Arthur J. Gallagher & Co. (NYSE:AJG) acquired Tompkins Insurance Agencies, Inc. from Tompkins Financial Corporation (NYSEAM:TMP) for $183 million on November 3, 2025. Under the agreement, Gallagher will acquire the stock of Tompkins Insurance Agencies for $183 million. Tompkins Insurance Agencies revenues and EBITDAC for the trailing 12 months ended June 30, 2025 were approximately $40 million and $16 million, respectively. Arthur J. Gallagher & Co. (NYSE:AJG) completed the acquisition of Tompkins Insurance Agencies, Inc. from Tompkins Financial Corporation (NYSEAM:TMP) on November 3, 2025.Declared Dividend • Oct 27Third quarter dividend increased to US$0.65Dividend of US$0.65 is 4.8% higher than last year. Ex-date: 7th November 2025 Payment date: 14th November 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 26Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: US$1.66 (up from US$1.31 in 3Q 2024). Revenue: US$85.0m (up 14% from 3Q 2024). Net income: US$23.7m (up 27% from 3Q 2024). Profit margin: 28% (up from 25% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Oct 24+ 1 more updateTompkins Financial Corporation Reports Net Charge Off for the Third Quarter Ended September 30, 2025Tompkins Financial Corporation reported net charge off for the third quarter ended September 30, 2025. Net charge-offs for the three months ended September 30, 2025 were $1.1 million, compared to $5.3 million for the second quarter of 2025, and $912,000 for the third quarter of 2024. The decrease in net charge-offs compared to the second quarter of 2025 was mainly due to the increase in provision expense for the year-to-date period compared to the same period in 2024, driven by a charge-off of $4.7 million in the second quarter of 2025 on a commercial real estate relationship totaling $18.1 million.New Risk • Oct 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Oct 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.6% to US$64.31. The fair value is estimated to be US$81.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 16% in the next year.Buy Or Sell Opportunity • Aug 14Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to US$66.76. The fair value is estimated to be US$83.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 16% in the next year.Declared Dividend • Jul 28Second quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 8th August 2025 Payment date: 15th August 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 27Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.51 (up from US$1.10 in 2Q 2024). Revenue: US$79.9m (up 13% from 2Q 2024). Net income: US$21.5m (up 37% from 2Q 2024). Profit margin: 27% (up from 22% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.New Risk • Jul 25New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Jul 25+ 1 more updateTompkins Financial Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2025Tompkins Financial Corporation reported net charge-offs for the second quarter ended June 30, 2025. For the quarter, the company reported net charge-offs of $5,254,000 as compared to $509,000 for the second quarter of 2024.New Risk • Jul 03New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Board Change • Jun 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Helen Eaton was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.38 (up from US$1.19 in 1Q 2024). Revenue: US$76.4m (up 6.2% from 1Q 2024). Net income: US$19.7m (up 17% from 1Q 2024). Profit margin: 26% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 4.6%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Declared Dividend • Apr 28Fourth quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 9th May 2025 Payment date: 16th May 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (49% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 25+ 1 more updateTompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on May 16, 2025Tompkins Financial Corporation announced 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.Reported Earnings • Mar 03Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$4.98 (up from US$0.66 in FY 2023). Revenue: US$292.6m (up 36% from FY 2023). Net income: US$70.9m (up US$61.4m from FY 2023). Profit margin: 24% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.79% (down from 2.84% in FY 2023). Non-performing loans: 0.84% (down from 1.11% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Mar 03Tompkins Financial Corporation, Annual General Meeting, May 13, 2025Tompkins Financial Corporation, Annual General Meeting, May 13, 2025.Declared Dividend • Feb 06Fourth quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 14th February 2025 Payment date: 21st February 2025 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (49% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 31Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$4.98 (up from US$0.66 in FY 2023). Revenue: US$292.6m (up 36% from FY 2023). Net income: US$70.9m (up US$61.4m from FY 2023). Profit margin: 24% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Jan 31Tompkins Financial Corporation Approves Quarterly Cash Dividend, Payable on February 21, 2025Tompkins Financial Corporation approved payment of a regular quarterly cash dividend of $0.62 per share, payable on February 21, 2025, to common shareholders of record on February 14, 2025.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$78.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 3.6% over the past three years.Declared Dividend • Oct 28Third quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 8th November 2024 Payment date: 15th November 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.31 (up from US$2.35 loss in 3Q 2023). Revenue: US$74.4m (up US$66.2m from 3Q 2023). Net income: US$18.6m (up US$52.0m from 3Q 2023). Profit margin: 25% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 7.4%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Oct 25Tompkins Financial Corporation Approves Payment of A Regular Quarterly Cash Dividend, Payable on November 15, 2024Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on November 15, 2024, to common shareholders of record on November 8, 2024. The dividend amount represents an increase of $0.01 per share, or 1.6% over the dividend paid in the third quarter of 2024, and an increase of $0.02 per share, or 3.3% over the dividend paid in the fourth quarter of 2023.Declared Dividend • Jul 29Second quarter dividend of US$0.61 announcedShareholders will receive a dividend of US$0.61. Ex-date: 9th August 2024 Payment date: 16th August 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 168% to bring the payout ratio under control. EPS is expected to grow by 61% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Price Target Changed • Jul 28Price target increased by 12% to US$59.00Up from US$52.50, the current price target is provided by 1 analyst. New target price is 7.5% below last closing price of US$63.80. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of US$4.50 for next year compared to US$0.66 last year.Reported Earnings • Jul 27Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$1.10 (up from US$0.59 in 2Q 2023). Revenue: US$70.6m (up 13% from 2Q 2023). Net income: US$15.7m (up 85% from 2Q 2023). Profit margin: 22% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Jul 26Tompkins Financial Corporation Approves Quarterly Cash Dividend, Payable on August 16, 2024Tompkins Financial Corporation announced that its board of directors approved payment of a regular quarterly cash dividend of $0.61 per share, payable on August 16, 2024, to common shareholders of record on August 9, 2024.お知らせ • May 18Tompkins Financial Corporation Approves the Election of Janet M. Coletti as Member of the Board of DirectorsOn May 14, 2024, Tompkins Financial Corporation held its 2024 Annual Meeting of Shareholders. The shareholders approved the election ofJanet M. Coletti as members of the Board of Directors.Price Target Changed • Apr 29Price target decreased by 7.2% to US$51.50Down from US$55.50, the current price target is an average from 2 analysts. New target price is 15% above last closing price of US$44.80. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$4.21 for next year compared to US$0.66 last year.Declared Dividend • Apr 29First quarter dividend increased to US$0.61Dividend of US$0.61 is 1.7% higher than last year. Ex-date: 9th May 2024 Payment date: 17th May 2024 Dividend yield will be 5.2%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 446% to bring the payout ratio under control. EPS is expected to grow by 73% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Apr 27Tompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on May 17, 2024Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.61 per share, payable on May 17, 2024, to common shareholders of record on May 10, 2024. The dividend amount represents an increase of $0.01 per share, or 1.6% over the dividend paid in thesecond quarter of 2023.Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: US$1.19 (vs US$1.35 in 1Q 2023)First quarter 2024 results: EPS: US$1.19 (down from US$1.35 in 1Q 2023). Revenue: US$72.0m (down 4.7% from 1Q 2023). Net income: US$16.9m (down 13% from 1Q 2023). Profit margin: 23% (down from 26% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Apr 03Tompkins Financial Corporation, Annual General Meeting, May 14, 2024Tompkins Financial Corporation, Annual General Meeting, May 14, 2024, at 10:00 Eastern Daylight. Location: the Company’s headquarters, located at 118 E. Seneca Street New York United States Agenda: To elect the twelve directors named in the accompanying proxy statement for a term of one year expiring in 2025; to conduct an advisory vote to approve, on a non-binding basis, the compensation paid to the Company’s named executive officers; to ratify the appointment of the independent registered public accounting firm, KPMG LLP, as the Company’s independent auditor for the fiscal year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.Price Target Changed • Mar 25Price target decreased by 10% to US$52.50Down from US$58.50, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of US$47.80. Stock is down 29% over the past year. The company is forecast to post earnings per share of US$4.54 for next year compared to US$0.66 last year.Reported Earnings • Mar 04Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.66 (down from US$5.92 in FY 2022). Revenue: US$215.4m (down 30% from FY 2022). Net income: US$9.46m (down 89% from FY 2022). Profit margin: 4.4% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.84% (down from 3.05% in FY 2022). Cost-to-income ratio: 92.5% (up from 63.5% in FY 2022). Non-performing loans: 1.11% (up from 0.62% in FY 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Feb 23Independent Director recently bought US$100k worth of stockOn the 20th of February, Ita Rahilly bought around 2k shares on-market at roughly US$50.46 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$342k more in shares than they have sold in the last 12 months.Upcoming Dividend • Feb 01Upcoming dividend of US$0.60 per share at 4.9% yieldEligible shareholders must have bought the stock before 08 February 2024. Payment date: 16 February 2024. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (3.1%).Declared Dividend • Jan 29Fourth quarter dividend of US$0.60 announcedDividend of US$0.60 is the same as last year. Ex-date: 8th February 2024 Payment date: 16th February 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (360% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (49% forecast payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 300% to bring the payout ratio under control. EPS is expected to grow by 160% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Jan 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.66 (down from US$5.92 in FY 2022). Revenue: US$215.4m (down 30% from FY 2022). Net income: US$9.51m (down 89% from FY 2022). Profit margin: 4.4% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Jan 26Tompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on February 16, 2024Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.60 per share, payable on February 16, 2024, to common shareholders of record on February 9, 2024.Price Target Changed • Jan 10Price target increased by 11% to US$58.50Up from US$52.50, the current price target is an average from 2 analysts. New target price is 7.7% above last closing price of US$54.34. Stock is down 28% over the past year. The company is forecast to post earnings per share of US$0.84 for next year compared to US$5.92 last year.お知らせ • Oct 28+ 1 more updateTompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on November 15, 2023Tompkins Financial Corporation announced that its Board of Directors approved payment of a regularquarterly cash dividend of $0.60 per share, payable on November 15, 2023, to common shareholders of record on November 7, 2023.Reported Earnings • Oct 28Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$2.35 loss per share (down from US$1.49 profit in 3Q 2022). Revenue: US$8.24m (down 89% from 3Q 2022). Net loss: US$33.4m (down 257% from profit in 3Q 2022). Revenue missed analyst estimates by 87%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Oct 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Major Estimate Revision • Oct 04Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$4.07 to US$2.52 per share. Revenue forecast steady at US$294.1m. Net income forecast to shrink 25% next year vs 11% decline forecast for Banks industry in the US. Consensus price target broadly unchanged at US$53.13. Share price rose 2.3% to US$49.72 over the past week.Price Target Changed • Sep 25Price target decreased by 9.5% to US$52.50Down from US$58.00, the current price target is an average from 2 analysts. New target price is 7.3% above last closing price of US$48.93. Stock is down 34% over the past year. The company is forecast to post earnings per share of US$4.07 for next year compared to US$5.92 last year.お知らせ • Sep 19Tompkins Financial Corporation Announces Executive ChangesOn September 13, 2023, Tompkins Financial Corporation appointed David Kershaw to the role of Principal Accounting Officer, effective October 1, 2023, in connection with the previously announced retirement of the Company’s current Principal Accounting Officer, Francis M. Fetsko. Mr. Kershaw will report to Matthew Tomazin who, as previously disclosed, was appointed Executive Vice President, Chief Financial Officer and Treasurer of the Company and Tompkins Community Bank, effective October 1, 2023. Mr. Kershaw, age 56, joined the Company and the Bank as Controller in April 2001 and has served as Senior Vice President and Chief Accounting Officer of the Company and the Bank since June 2012.Major Estimate Revision • Jul 28Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$4.62 to US$4.05 per share. Revenue forecast steady at US$293.8m. Net income forecast to shrink 16% next year vs 9.6% decline forecast for Banks industry in the US. Consensus price target broadly unchanged at US$57.50. Share price was steady at US$60.71 over the past week.Reported Earnings • Jul 21Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.59 (down from US$1.45 in 2Q 2022). Revenue: US$62.3m (down 19% from 2Q 2022). Net income: US$8.48m (down 59% from 2Q 2022). Profit margin: 14% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 44%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.お知らせ • Jul 13+ 1 more updateTompkins Financial Corporation and Tompkins Community Bank Announce Executive ChangesOn July 12, 2023, Tompkins Financial Corporation announced that Matthew Tomazin was appointed Executive Vice President, and Treasurer of the Company and Tompkins Community Bank, effective October 1, 2023. Mr. Tomazin will succeed Francis M. Fetsko who, as previously disclosed, announced that he will be retiring from his position as Chief Operating officer of the Company and the Bank. Mr. Tomazin, age 38, has served as Senior Vice President and Treasurer of the Company and the Bank since February 2021, having joined the Company in April 2019 as Vice President and Senior Quantitative Analyst. From 2008 until April 2019, Mr. Tomazin served in accounting and strategic finance roles, most recently as Vice President and Assistant Treasurer with NBT Bancorp Inc., a registered financial holding company with its principal headquarters located in Norwich, New York. In his new role, Tomazin will serve as the senior executive responsible for managing the financial activities and strategies of the company by providing strategic financial guidance, overseeing financial operations, and making informed decisions to drive the company’s growth and profitability. He will report to Steve Romaine, president and CEO of Tompkins Financial. Tomazin is active in his community and has served as a board member for a number of local organizations including Town and County Planning and Tioga County Rural Economic Area Partnership Board. He is an Eagle Scout in Boy Scouts of America and a youth soccer coach. A 2007 graduate of Binghamton University and 2014 graduate of Darden/SNL Executive Program in Bank Financial Leadership, Tomazin resides, with his wife and daughters, in Newark Valley, New York.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$60.87, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Banks industry in the US. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at US$99.47 per share.Recent Insider Transactions • May 19Independent Director recently bought US$135k worth of stockOn the 17th of May, John Alexander bought around 3k shares on-market at roughly US$53.82 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$149k more in shares than they have sold in the last 12 months.お知らせ • May 04+ 1 more updateTompkins Financial Corp. Announces Francis M. Fetsko Plans to Retire as Chief Financial OfficerThe Board of Directors of Tompkins Financial Corp. announced that Francis M. Fetsko has communicated his plans to retire as chief financial officer of Tompkins Financial Corp. in the fall of 2023, after twenty-seven years of service to the company. While Fetsko will step back from his current role in the fall, he has agreed to remain with the company in a part-time capacity, as director of strategy development, through the end of 2024. The company will undertake a succession planning process to identify the best candidate to fill Fetsko’s role upon his retirement, which may include both internal and external candidates. Fetsko joined Tompkins Financial in 1996 and has served as chief financial officer since 2000, assuming the additional role of chief operating officer in 2012 overseeing company-wide operations and technology. He is an executive vice president of the bank holding company, Tompkins Financial Corp., and a member of its senior leadership team. In keeping with the values of the company and his personal commitment to community service, Fetsko sits on a number of civic and nonprofit boards. The Ithaca resident is chair of the advisory board for the Kania School of Management at the University of Scranton, a board member of Ithaca-based Racker, an organization dedicated to supporting people with disabilities, and is past president of the YMCA of Ithaca and Tompkins County.Reported Earnings • Apr 30First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: US$1.35 (down from US$1.61 in 1Q 2022). Revenue: US$75.5m (down 2.1% from 1Q 2022). Net income: US$19.4m (down 17% from 1Q 2022). Profit margin: 26% (down from 30% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 2.3%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 08Price target decreased by 10.0% to US$67.50Down from US$75.00, the current price target is an average from 2 analysts. New target price is 6.1% above last closing price of US$63.61. Stock is down 15% over the past year. The company is forecast to post earnings per share of US$5.16 for next year compared to US$5.92 last year.Price Target Changed • Mar 27Price target decreased by 8.9% to US$72.00Down from US$79.00, the current price target is an average from 2 analysts. New target price is 7.6% above last closing price of US$66.90. Stock is down 16% over the past year. The company is forecast to post earnings per share of US$5.38 for next year compared to US$5.92 last year.Reported Earnings • Mar 06Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$5.92 (down from US$6.09 in FY 2021). Revenue: US$305.5m (flat on FY 2021). Net income: US$84.8m (down 4.4% from FY 2021). Profit margin: 28% (down from 29% in FY 2021). Net interest margin (NIM): 3.05% (up from 2.96% in FY 2021). Cost-to-income ratio: 63.5% (up from 62.9% in FY 2021). Non-performing loans: 0.62% (up from 0.61% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Buying Opportunity • Feb 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.7%. The fair value is estimated to be US$97.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 6.2% in 2 years. Earnings is forecast to decline by 4.6% in the next 2 years.お知らせ • Jan 28Tompkins Financial Corporation Reports Cash Dividend, Payable on February 15, 2023Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.60 per share, payable on February 15, 2023, to common shareholders of record on February 7, 2023. The dividend amount represents an increase of $0.03 per share, or 5.3% over the dividend paid in the first quarter of 2022.Reported Earnings • Jan 27Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$5.92 (down from US$6.09 in FY 2021). Revenue: US$305.5m (flat on FY 2021). Net income: US$85.0m (down 4.1% from FY 2021). Profit margin: 28% (down from 29% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buying Opportunity • Jan 10Now 21% undervaluedOver the last 90 days, the stock is up 1.3%. The fair value is estimated to be US$96.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to grow by 2.9% in the next 2 years.Buying Opportunity • Dec 08Now 21% undervaluedOver the last 90 days, the stock is up 7.2%. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to grow by 2.9% in the next 2 years.Recent Insider Transactions Derivative • Nov 19President exercised options and sold US$537k worth of stockOn the 15th of November, Stephen Romaine exercised 18.64k options at around US$40.60, then sold 15k of the shares acquired at an average of US$76.68 per share and kept the remainder. For the year to December 2015, Stephen's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2021, Stephen's direct individual holding has increased from 74.77k shares to 76.11k. Company insiders have collectively sold US$458k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Nov 10Executive Vice President recently sold US$129k worth of stockOn the 4th of November, Gregory Hartz sold around 2k shares on-market at roughly US$82.26 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$235k more than they bought in the last 12 months.Upcoming Dividend • Oct 31Upcoming dividend of US$0.60 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 15 November 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (3.0%).Reported Earnings • Oct 28Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: US$1.49 (up from US$1.46 in 3Q 2021). Revenue: US$77.7m (flat on 3Q 2021). Net income: US$21.3m (flat on 3Q 2021). Profit margin: 27% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Aug 23Executive VP recently sold US$63k worth of stockOn the 19th of August, Francis Fetsko sold around 805 shares on-market at roughly US$77.90 per share. This was the largest sale by an insider in the last 3 months. This was Francis' only on-market trade for the last 12 months.Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: US$1.45 (vs US$1.55 in 2Q 2021)Second quarter 2022 results: EPS: US$1.45 (down from US$1.55 in 2Q 2021). Revenue: US$76.4m (flat on 2Q 2021). Net income: US$20.9m (down 7.9% from 2Q 2021). Profit margin: 27% (down from 30% in 2Q 2021). Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Recent Insider Transactions • May 27Insider recently bought US$100k worth of stockOn the 25th of May, Ita Rahilly bought around 1k shares on-market at roughly US$73.81 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$422k more in shares than they bought in the last 12 months.Reported Earnings • May 01First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: US$1.62 (down from US$1.73 in 1Q 2021). Revenue: US$77.1m (flat on 1Q 2021). Net income: US$23.3m (down 8.5% from 1Q 2021). Profit margin: 30% (down from 33% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Jan 31Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: US$6.08 (up from US$5.22 in FY 2020). Revenue: US$304.9m (up 7.7% from FY 2020). Net income: US$89.3m (up 16% from FY 2020). Profit margin: 29% (up from 27% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Over the next year, revenue is forecast to stay flat compared to a 4.1% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Nov 09Insider recently sold US$82k worth of stockOn the 4th of November, Gerald Klein sold around 998 shares on-market at roughly US$82.09 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$266k more than they bought in the last 12 months.Upcoming Dividend • Oct 26Upcoming dividend of US$0.57 per shareEligible shareholders must have bought the stock before 01 November 2021. Payment date: 15 November 2021. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (2.2%).Reported Earnings • Oct 24Third quarter 2021 earnings released: EPS US$1.46 (vs US$1.63 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$78.2m (up 1.6% from 3Q 2020). Net income: US$21.3m (down 11% from 3Q 2020). Profit margin: 27% (down from 31% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Jul 27Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 13 August 2021. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (2.5%).Reported Earnings • Jul 24Second quarter 2021 earnings released: EPS US$1.55 (vs US$1.44 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$76.8m (up 3.9% from 2Q 2020). Net income: US$22.8m (up 7.8% from 2Q 2020). Profit margin: 30% (up from 29% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.業績と収益の成長予測NYSEAM:TMP - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027380118N/AN/A212/31/2026352108N/AN/A23/31/20264411678290N/A12/31/20254351613239N/A9/30/2025317849599N/A6/30/2025306798086N/A3/31/2025297748894N/A12/31/2024293718995N/A9/30/2024286668591N/A6/30/2024220148995N/A3/31/202421278389N/A12/31/202321598289N/A9/30/2023220148491N/A6/30/2023290699097N/A3/31/20233048193102N/A12/31/20223058595103N/A9/30/202230485105112N/A6/30/202230585115122N/A3/31/202230586111115N/A12/31/202130589116121N/A9/30/202130993126131N/A6/30/202130896104109N/A3/31/202130394103108N/A12/31/20202827797101N/A9/30/2020277748489N/A6/30/2020271709499N/A3/31/202026968104109N/A12/31/201928580N/A102N/A9/30/201928478N/A114N/A6/30/201928479N/A113N/A3/31/201928682N/A105N/A12/31/201828581N/A107N/A9/30/201827965N/A98N/A6/30/201827561N/A85N/A3/31/201826956N/A90N/A12/31/201726452N/A86N/A9/30/201726064N/A81N/A6/30/201725562N/A92N/A3/31/201724960N/A88N/A12/31/201624558N/A91N/A9/30/201624457N/A87N/A6/30/201624157N/A83N/A3/31/201623959N/A82N/A12/31/201523758N/A83N/A9/30/201523656N/A80N/A6/30/201523556N/A82N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: TMPの収益は今後 3 年間で減少すると予測されています (年間-20.2% )。収益対市場: TMPの収益は今後 3 年間で減少すると予測されています (年間-20.2% )。高成長収益: TMPの収益は今後 3 年間で減少すると予測されています。収益対市場: TMPの収益は今後 3 年間で減少すると予想されています (年間-8% )。高い収益成長: TMPの収益は今後 3 年間で減少すると予測されています (年間-8% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: TMPの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 20:25終値2026/05/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tompkins Financial Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Christopher McGrattyKeefe, Bruyette, & WoodsTimothy SwitzerKeefe, Bruyette, & WoodsJohn MoranMacquarie Research2 その他のアナリストを表示
Price Target Changed • Feb 04Price target increased by 8.3% to US$84.50Up from US$78.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$83.38. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$7.37 for next year compared to US$11.30 last year.
Major Estimate Revision • Nov 05Consensus EPS estimates increase by 96%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$6.05 to US$11.87. Revenue forecast steady at US$336.9m. Net income forecast to grow 43% next year vs 18% growth forecast for Banks industry in the US. Consensus price target of US$80.00 unchanged from last update. Share price rose 6.7% to US$68.21 over the past week.
Price Target Changed • Jul 28Price target increased by 12% to US$59.00Up from US$52.50, the current price target is provided by 1 analyst. New target price is 7.5% below last closing price of US$63.80. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of US$4.50 for next year compared to US$0.66 last year.
Price Target Changed • Apr 29Price target decreased by 7.2% to US$51.50Down from US$55.50, the current price target is an average from 2 analysts. New target price is 15% above last closing price of US$44.80. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$4.21 for next year compared to US$0.66 last year.
Price Target Changed • Mar 25Price target decreased by 10% to US$52.50Down from US$58.50, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of US$47.80. Stock is down 29% over the past year. The company is forecast to post earnings per share of US$4.54 for next year compared to US$0.66 last year.
Price Target Changed • Jan 10Price target increased by 11% to US$58.50Up from US$52.50, the current price target is an average from 2 analysts. New target price is 7.7% above last closing price of US$54.34. Stock is down 28% over the past year. The company is forecast to post earnings per share of US$0.84 for next year compared to US$5.92 last year.
ライブニュース • May 07Tompkins Financial Achieves Record Q1 Net Income After Insurance Business SaleTompkins Financial reported record Q1 2026 net income of $26.1 million, compared with $19.7 million in the prior year period, with earnings per share at $1.82. Total revenue for Q1 2026 was $114.5 million, supported by stronger net interest income and higher loan and securities yields. The company completed the sale of Tompkins Insurance Agencies in October 2025, which reduced noninterest income but simplified the business and left wealth management with approximately $2.9b in assets under management as of March 31, 2026. For investors, the key takeaway is that Tompkins is leaning more heavily into traditional banking and fee-based wealth management after exiting its insurance subsidiary. The record Q1 2026 net income and higher net interest income reflect a business mix that currently benefits from loan and securities yields, while asset quality is described as strong with a stable allowance for credit losses. The reduced noninterest income from the insurance sale means earnings may rely more on core banking and wealth activities going forward. With wealth management assets at about $2.9b, that segment now appears more central to the company’s business mix, and its growth and fee trends are likely to be important data points in upcoming quarters. Investors may want to watch how the company manages growth, credit quality and capital deployment under this simpler structure.
New Risk • Apr 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 20% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Declared Dividend • Apr 27First quarter dividend of US$0.67 announcedShareholders will receive a dividend of US$0.67. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 22% over the next year. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Apr 26First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$1.83 (up from US$1.38 in 1Q 2025). Revenue: US$82.2m (up 7.6% from 1Q 2025). Net income: US$26.1m (up 33% from 1Q 2025). Profit margin: 32% (up from 26% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.7%. Revenue is expected to decline by 8.4% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 25+ 1 more updateTompkins Financial Corporation Reports Charge Offs for the First Quarter Ended March 31, 2026Tompkins Financial Corporation reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $775,000 compared to $733,000 a year ago.
お知らせ • Apr 07Tompkins Financial Corporation, Annual General Meeting, May 19, 2026Tompkins Financial Corporation, Annual General Meeting, May 19, 2026. Location: at the companys headquarters, located at 118 e., seneca street, ithaca United States
Reported Earnings • Mar 02Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$11.30 (up from US$4.98 in FY 2024). Revenue: US$435.1m (up 49% from FY 2024). Net income: US$161.1m (up 127% from FY 2024). Profit margin: 37% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.17% (up from 2.79% in FY 2024). Non-performing loans: 0.74% (down from 0.84% in FY 2024). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is expected to decline by 7.4% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 9.0%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 04Fourth quarter dividend of US$0.67 announcedShareholders will receive a dividend of US$0.67. Ex-date: 13th February 2026 Payment date: 22nd February 2026 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (22% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 33% over the next 2 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range.
Price Target Changed • Feb 04Price target increased by 8.3% to US$84.50Up from US$78.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$83.38. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$7.37 for next year compared to US$11.30 last year.
Reported Earnings • Feb 01Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$11.30 (up from US$4.98 in FY 2024). Revenue: US$435.1m (up 49% from FY 2024). Net income: US$161.1m (up 127% from FY 2024). Profit margin: 37% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.17% (up from 2.79% in FY 2024). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is expected to decline by 8.1% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 8.8%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
New Risk • Jan 31New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Jan 30+ 1 more updateTompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on February 22, 2026Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.67 per share, payable on February 22, 2026, to common shareholders of record on February 13, 2026. The dividend amount represents an increase of $0.05 per share, or 8.1% over the dividend paid in the first quarter of 2025.
Major Estimate Revision • Nov 05Consensus EPS estimates increase by 96%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$6.05 to US$11.87. Revenue forecast steady at US$336.9m. Net income forecast to grow 43% next year vs 18% growth forecast for Banks industry in the US. Consensus price target of US$80.00 unchanged from last update. Share price rose 6.7% to US$68.21 over the past week.
New Risk • Nov 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Nov 04Arthur J. Gallagher & Co. (NYSE:AJG) acquired Tompkins Insurance Agencies, Inc. from Tompkins Financial Corporation (NYSEAM:TMP) for $183 million.Arthur J. Gallagher & Co. (NYSE:AJG) acquired Tompkins Insurance Agencies, Inc. from Tompkins Financial Corporation (NYSEAM:TMP) for $183 million on November 3, 2025. Under the agreement, Gallagher will acquire the stock of Tompkins Insurance Agencies for $183 million. Tompkins Insurance Agencies revenues and EBITDAC for the trailing 12 months ended June 30, 2025 were approximately $40 million and $16 million, respectively. Arthur J. Gallagher & Co. (NYSE:AJG) completed the acquisition of Tompkins Insurance Agencies, Inc. from Tompkins Financial Corporation (NYSEAM:TMP) on November 3, 2025.
Declared Dividend • Oct 27Third quarter dividend increased to US$0.65Dividend of US$0.65 is 4.8% higher than last year. Ex-date: 7th November 2025 Payment date: 14th November 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 26Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: US$1.66 (up from US$1.31 in 3Q 2024). Revenue: US$85.0m (up 14% from 3Q 2024). Net income: US$23.7m (up 27% from 3Q 2024). Profit margin: 28% (up from 25% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Oct 24+ 1 more updateTompkins Financial Corporation Reports Net Charge Off for the Third Quarter Ended September 30, 2025Tompkins Financial Corporation reported net charge off for the third quarter ended September 30, 2025. Net charge-offs for the three months ended September 30, 2025 were $1.1 million, compared to $5.3 million for the second quarter of 2025, and $912,000 for the third quarter of 2024. The decrease in net charge-offs compared to the second quarter of 2025 was mainly due to the increase in provision expense for the year-to-date period compared to the same period in 2024, driven by a charge-off of $4.7 million in the second quarter of 2025 on a commercial real estate relationship totaling $18.1 million.
New Risk • Oct 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Oct 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.6% to US$64.31. The fair value is estimated to be US$81.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 16% in the next year.
Buy Or Sell Opportunity • Aug 14Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to US$66.76. The fair value is estimated to be US$83.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 16% in the next year.
Declared Dividend • Jul 28Second quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 8th August 2025 Payment date: 15th August 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 27Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.51 (up from US$1.10 in 2Q 2024). Revenue: US$79.9m (up 13% from 2Q 2024). Net income: US$21.5m (up 37% from 2Q 2024). Profit margin: 27% (up from 22% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.
New Risk • Jul 25New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Jul 25+ 1 more updateTompkins Financial Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2025Tompkins Financial Corporation reported net charge-offs for the second quarter ended June 30, 2025. For the quarter, the company reported net charge-offs of $5,254,000 as compared to $509,000 for the second quarter of 2024.
New Risk • Jul 03New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Board Change • Jun 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Helen Eaton was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.38 (up from US$1.19 in 1Q 2024). Revenue: US$76.4m (up 6.2% from 1Q 2024). Net income: US$19.7m (up 17% from 1Q 2024). Profit margin: 26% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 4.6%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Declared Dividend • Apr 28Fourth quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 9th May 2025 Payment date: 16th May 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (49% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 25+ 1 more updateTompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on May 16, 2025Tompkins Financial Corporation announced 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.
Reported Earnings • Mar 03Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$4.98 (up from US$0.66 in FY 2023). Revenue: US$292.6m (up 36% from FY 2023). Net income: US$70.9m (up US$61.4m from FY 2023). Profit margin: 24% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.79% (down from 2.84% in FY 2023). Non-performing loans: 0.84% (down from 1.11% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 03Tompkins Financial Corporation, Annual General Meeting, May 13, 2025Tompkins Financial Corporation, Annual General Meeting, May 13, 2025.
Declared Dividend • Feb 06Fourth quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 14th February 2025 Payment date: 21st February 2025 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (49% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 31Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$4.98 (up from US$0.66 in FY 2023). Revenue: US$292.6m (up 36% from FY 2023). Net income: US$70.9m (up US$61.4m from FY 2023). Profit margin: 24% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 31Tompkins Financial Corporation Approves Quarterly Cash Dividend, Payable on February 21, 2025Tompkins Financial Corporation approved payment of a regular quarterly cash dividend of $0.62 per share, payable on February 21, 2025, to common shareholders of record on February 14, 2025.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$78.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 3.6% over the past three years.
Declared Dividend • Oct 28Third quarter dividend of US$0.62 announcedShareholders will receive a dividend of US$0.62. Ex-date: 8th November 2024 Payment date: 15th November 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.31 (up from US$2.35 loss in 3Q 2023). Revenue: US$74.4m (up US$66.2m from 3Q 2023). Net income: US$18.6m (up US$52.0m from 3Q 2023). Profit margin: 25% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 7.4%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 25Tompkins Financial Corporation Approves Payment of A Regular Quarterly Cash Dividend, Payable on November 15, 2024Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on November 15, 2024, to common shareholders of record on November 8, 2024. The dividend amount represents an increase of $0.01 per share, or 1.6% over the dividend paid in the third quarter of 2024, and an increase of $0.02 per share, or 3.3% over the dividend paid in the fourth quarter of 2023.
Declared Dividend • Jul 29Second quarter dividend of US$0.61 announcedShareholders will receive a dividend of US$0.61. Ex-date: 9th August 2024 Payment date: 16th August 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 168% to bring the payout ratio under control. EPS is expected to grow by 61% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Price Target Changed • Jul 28Price target increased by 12% to US$59.00Up from US$52.50, the current price target is provided by 1 analyst. New target price is 7.5% below last closing price of US$63.80. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of US$4.50 for next year compared to US$0.66 last year.
Reported Earnings • Jul 27Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$1.10 (up from US$0.59 in 2Q 2023). Revenue: US$70.6m (up 13% from 2Q 2023). Net income: US$15.7m (up 85% from 2Q 2023). Profit margin: 22% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 26Tompkins Financial Corporation Approves Quarterly Cash Dividend, Payable on August 16, 2024Tompkins Financial Corporation announced that its board of directors approved payment of a regular quarterly cash dividend of $0.61 per share, payable on August 16, 2024, to common shareholders of record on August 9, 2024.
お知らせ • May 18Tompkins Financial Corporation Approves the Election of Janet M. Coletti as Member of the Board of DirectorsOn May 14, 2024, Tompkins Financial Corporation held its 2024 Annual Meeting of Shareholders. The shareholders approved the election ofJanet M. Coletti as members of the Board of Directors.
Price Target Changed • Apr 29Price target decreased by 7.2% to US$51.50Down from US$55.50, the current price target is an average from 2 analysts. New target price is 15% above last closing price of US$44.80. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$4.21 for next year compared to US$0.66 last year.
Declared Dividend • Apr 29First quarter dividend increased to US$0.61Dividend of US$0.61 is 1.7% higher than last year. Ex-date: 9th May 2024 Payment date: 17th May 2024 Dividend yield will be 5.2%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 446% to bring the payout ratio under control. EPS is expected to grow by 73% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Apr 27Tompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on May 17, 2024Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.61 per share, payable on May 17, 2024, to common shareholders of record on May 10, 2024. The dividend amount represents an increase of $0.01 per share, or 1.6% over the dividend paid in thesecond quarter of 2023.
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: US$1.19 (vs US$1.35 in 1Q 2023)First quarter 2024 results: EPS: US$1.19 (down from US$1.35 in 1Q 2023). Revenue: US$72.0m (down 4.7% from 1Q 2023). Net income: US$16.9m (down 13% from 1Q 2023). Profit margin: 23% (down from 26% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 03Tompkins Financial Corporation, Annual General Meeting, May 14, 2024Tompkins Financial Corporation, Annual General Meeting, May 14, 2024, at 10:00 Eastern Daylight. Location: the Company’s headquarters, located at 118 E. Seneca Street New York United States Agenda: To elect the twelve directors named in the accompanying proxy statement for a term of one year expiring in 2025; to conduct an advisory vote to approve, on a non-binding basis, the compensation paid to the Company’s named executive officers; to ratify the appointment of the independent registered public accounting firm, KPMG LLP, as the Company’s independent auditor for the fiscal year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
Price Target Changed • Mar 25Price target decreased by 10% to US$52.50Down from US$58.50, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of US$47.80. Stock is down 29% over the past year. The company is forecast to post earnings per share of US$4.54 for next year compared to US$0.66 last year.
Reported Earnings • Mar 04Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.66 (down from US$5.92 in FY 2022). Revenue: US$215.4m (down 30% from FY 2022). Net income: US$9.46m (down 89% from FY 2022). Profit margin: 4.4% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.84% (down from 3.05% in FY 2022). Cost-to-income ratio: 92.5% (up from 63.5% in FY 2022). Non-performing loans: 1.11% (up from 0.62% in FY 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Feb 23Independent Director recently bought US$100k worth of stockOn the 20th of February, Ita Rahilly bought around 2k shares on-market at roughly US$50.46 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$342k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Feb 01Upcoming dividend of US$0.60 per share at 4.9% yieldEligible shareholders must have bought the stock before 08 February 2024. Payment date: 16 February 2024. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (3.1%).
Declared Dividend • Jan 29Fourth quarter dividend of US$0.60 announcedDividend of US$0.60 is the same as last year. Ex-date: 8th February 2024 Payment date: 16th February 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (360% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (49% forecast payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 300% to bring the payout ratio under control. EPS is expected to grow by 160% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Jan 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.66 (down from US$5.92 in FY 2022). Revenue: US$215.4m (down 30% from FY 2022). Net income: US$9.51m (down 89% from FY 2022). Profit margin: 4.4% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 26Tompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on February 16, 2024Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.60 per share, payable on February 16, 2024, to common shareholders of record on February 9, 2024.
Price Target Changed • Jan 10Price target increased by 11% to US$58.50Up from US$52.50, the current price target is an average from 2 analysts. New target price is 7.7% above last closing price of US$54.34. Stock is down 28% over the past year. The company is forecast to post earnings per share of US$0.84 for next year compared to US$5.92 last year.
お知らせ • Oct 28+ 1 more updateTompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on November 15, 2023Tompkins Financial Corporation announced that its Board of Directors approved payment of a regularquarterly cash dividend of $0.60 per share, payable on November 15, 2023, to common shareholders of record on November 7, 2023.
Reported Earnings • Oct 28Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$2.35 loss per share (down from US$1.49 profit in 3Q 2022). Revenue: US$8.24m (down 89% from 3Q 2022). Net loss: US$33.4m (down 257% from profit in 3Q 2022). Revenue missed analyst estimates by 87%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Oct 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Oct 04Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$4.07 to US$2.52 per share. Revenue forecast steady at US$294.1m. Net income forecast to shrink 25% next year vs 11% decline forecast for Banks industry in the US. Consensus price target broadly unchanged at US$53.13. Share price rose 2.3% to US$49.72 over the past week.
Price Target Changed • Sep 25Price target decreased by 9.5% to US$52.50Down from US$58.00, the current price target is an average from 2 analysts. New target price is 7.3% above last closing price of US$48.93. Stock is down 34% over the past year. The company is forecast to post earnings per share of US$4.07 for next year compared to US$5.92 last year.
お知らせ • Sep 19Tompkins Financial Corporation Announces Executive ChangesOn September 13, 2023, Tompkins Financial Corporation appointed David Kershaw to the role of Principal Accounting Officer, effective October 1, 2023, in connection with the previously announced retirement of the Company’s current Principal Accounting Officer, Francis M. Fetsko. Mr. Kershaw will report to Matthew Tomazin who, as previously disclosed, was appointed Executive Vice President, Chief Financial Officer and Treasurer of the Company and Tompkins Community Bank, effective October 1, 2023. Mr. Kershaw, age 56, joined the Company and the Bank as Controller in April 2001 and has served as Senior Vice President and Chief Accounting Officer of the Company and the Bank since June 2012.
Major Estimate Revision • Jul 28Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$4.62 to US$4.05 per share. Revenue forecast steady at US$293.8m. Net income forecast to shrink 16% next year vs 9.6% decline forecast for Banks industry in the US. Consensus price target broadly unchanged at US$57.50. Share price was steady at US$60.71 over the past week.
Reported Earnings • Jul 21Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.59 (down from US$1.45 in 2Q 2022). Revenue: US$62.3m (down 19% from 2Q 2022). Net income: US$8.48m (down 59% from 2Q 2022). Profit margin: 14% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 44%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • Jul 13+ 1 more updateTompkins Financial Corporation and Tompkins Community Bank Announce Executive ChangesOn July 12, 2023, Tompkins Financial Corporation announced that Matthew Tomazin was appointed Executive Vice President, and Treasurer of the Company and Tompkins Community Bank, effective October 1, 2023. Mr. Tomazin will succeed Francis M. Fetsko who, as previously disclosed, announced that he will be retiring from his position as Chief Operating officer of the Company and the Bank. Mr. Tomazin, age 38, has served as Senior Vice President and Treasurer of the Company and the Bank since February 2021, having joined the Company in April 2019 as Vice President and Senior Quantitative Analyst. From 2008 until April 2019, Mr. Tomazin served in accounting and strategic finance roles, most recently as Vice President and Assistant Treasurer with NBT Bancorp Inc., a registered financial holding company with its principal headquarters located in Norwich, New York. In his new role, Tomazin will serve as the senior executive responsible for managing the financial activities and strategies of the company by providing strategic financial guidance, overseeing financial operations, and making informed decisions to drive the company’s growth and profitability. He will report to Steve Romaine, president and CEO of Tompkins Financial. Tomazin is active in his community and has served as a board member for a number of local organizations including Town and County Planning and Tioga County Rural Economic Area Partnership Board. He is an Eagle Scout in Boy Scouts of America and a youth soccer coach. A 2007 graduate of Binghamton University and 2014 graduate of Darden/SNL Executive Program in Bank Financial Leadership, Tomazin resides, with his wife and daughters, in Newark Valley, New York.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$60.87, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Banks industry in the US. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at US$99.47 per share.
Recent Insider Transactions • May 19Independent Director recently bought US$135k worth of stockOn the 17th of May, John Alexander bought around 3k shares on-market at roughly US$53.82 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$149k more in shares than they have sold in the last 12 months.
お知らせ • May 04+ 1 more updateTompkins Financial Corp. Announces Francis M. Fetsko Plans to Retire as Chief Financial OfficerThe Board of Directors of Tompkins Financial Corp. announced that Francis M. Fetsko has communicated his plans to retire as chief financial officer of Tompkins Financial Corp. in the fall of 2023, after twenty-seven years of service to the company. While Fetsko will step back from his current role in the fall, he has agreed to remain with the company in a part-time capacity, as director of strategy development, through the end of 2024. The company will undertake a succession planning process to identify the best candidate to fill Fetsko’s role upon his retirement, which may include both internal and external candidates. Fetsko joined Tompkins Financial in 1996 and has served as chief financial officer since 2000, assuming the additional role of chief operating officer in 2012 overseeing company-wide operations and technology. He is an executive vice president of the bank holding company, Tompkins Financial Corp., and a member of its senior leadership team. In keeping with the values of the company and his personal commitment to community service, Fetsko sits on a number of civic and nonprofit boards. The Ithaca resident is chair of the advisory board for the Kania School of Management at the University of Scranton, a board member of Ithaca-based Racker, an organization dedicated to supporting people with disabilities, and is past president of the YMCA of Ithaca and Tompkins County.
Reported Earnings • Apr 30First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: US$1.35 (down from US$1.61 in 1Q 2022). Revenue: US$75.5m (down 2.1% from 1Q 2022). Net income: US$19.4m (down 17% from 1Q 2022). Profit margin: 26% (down from 30% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 2.3%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 08Price target decreased by 10.0% to US$67.50Down from US$75.00, the current price target is an average from 2 analysts. New target price is 6.1% above last closing price of US$63.61. Stock is down 15% over the past year. The company is forecast to post earnings per share of US$5.16 for next year compared to US$5.92 last year.
Price Target Changed • Mar 27Price target decreased by 8.9% to US$72.00Down from US$79.00, the current price target is an average from 2 analysts. New target price is 7.6% above last closing price of US$66.90. Stock is down 16% over the past year. The company is forecast to post earnings per share of US$5.38 for next year compared to US$5.92 last year.
Reported Earnings • Mar 06Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$5.92 (down from US$6.09 in FY 2021). Revenue: US$305.5m (flat on FY 2021). Net income: US$84.8m (down 4.4% from FY 2021). Profit margin: 28% (down from 29% in FY 2021). Net interest margin (NIM): 3.05% (up from 2.96% in FY 2021). Cost-to-income ratio: 63.5% (up from 62.9% in FY 2021). Non-performing loans: 0.62% (up from 0.61% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Buying Opportunity • Feb 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.7%. The fair value is estimated to be US$97.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 6.2% in 2 years. Earnings is forecast to decline by 4.6% in the next 2 years.
お知らせ • Jan 28Tompkins Financial Corporation Reports Cash Dividend, Payable on February 15, 2023Tompkins Financial Corporation announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.60 per share, payable on February 15, 2023, to common shareholders of record on February 7, 2023. The dividend amount represents an increase of $0.03 per share, or 5.3% over the dividend paid in the first quarter of 2022.
Reported Earnings • Jan 27Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: US$5.92 (down from US$6.09 in FY 2021). Revenue: US$305.5m (flat on FY 2021). Net income: US$85.0m (down 4.1% from FY 2021). Profit margin: 28% (down from 29% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jan 10Now 21% undervaluedOver the last 90 days, the stock is up 1.3%. The fair value is estimated to be US$96.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to grow by 2.9% in the next 2 years.
Buying Opportunity • Dec 08Now 21% undervaluedOver the last 90 days, the stock is up 7.2%. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to grow by 2.9% in the next 2 years.
Recent Insider Transactions Derivative • Nov 19President exercised options and sold US$537k worth of stockOn the 15th of November, Stephen Romaine exercised 18.64k options at around US$40.60, then sold 15k of the shares acquired at an average of US$76.68 per share and kept the remainder. For the year to December 2015, Stephen's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2021, Stephen's direct individual holding has increased from 74.77k shares to 76.11k. Company insiders have collectively sold US$458k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Nov 10Executive Vice President recently sold US$129k worth of stockOn the 4th of November, Gregory Hartz sold around 2k shares on-market at roughly US$82.26 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$235k more than they bought in the last 12 months.
Upcoming Dividend • Oct 31Upcoming dividend of US$0.60 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 15 November 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (3.0%).
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: US$1.49 (up from US$1.46 in 3Q 2021). Revenue: US$77.7m (flat on 3Q 2021). Net income: US$21.3m (flat on 3Q 2021). Profit margin: 27% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Aug 23Executive VP recently sold US$63k worth of stockOn the 19th of August, Francis Fetsko sold around 805 shares on-market at roughly US$77.90 per share. This was the largest sale by an insider in the last 3 months. This was Francis' only on-market trade for the last 12 months.
Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: US$1.45 (vs US$1.55 in 2Q 2021)Second quarter 2022 results: EPS: US$1.45 (down from US$1.55 in 2Q 2021). Revenue: US$76.4m (flat on 2Q 2021). Net income: US$20.9m (down 7.9% from 2Q 2021). Profit margin: 27% (down from 30% in 2Q 2021). Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • May 27Insider recently bought US$100k worth of stockOn the 25th of May, Ita Rahilly bought around 1k shares on-market at roughly US$73.81 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$422k more in shares than they bought in the last 12 months.
Reported Earnings • May 01First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: US$1.62 (down from US$1.73 in 1Q 2021). Revenue: US$77.1m (flat on 1Q 2021). Net income: US$23.3m (down 8.5% from 1Q 2021). Profit margin: 30% (down from 33% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Jan 31Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: US$6.08 (up from US$5.22 in FY 2020). Revenue: US$304.9m (up 7.7% from FY 2020). Net income: US$89.3m (up 16% from FY 2020). Profit margin: 29% (up from 27% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Over the next year, revenue is forecast to stay flat compared to a 4.1% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Nov 09Insider recently sold US$82k worth of stockOn the 4th of November, Gerald Klein sold around 998 shares on-market at roughly US$82.09 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$266k more than they bought in the last 12 months.
Upcoming Dividend • Oct 26Upcoming dividend of US$0.57 per shareEligible shareholders must have bought the stock before 01 November 2021. Payment date: 15 November 2021. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (2.2%).
Reported Earnings • Oct 24Third quarter 2021 earnings released: EPS US$1.46 (vs US$1.63 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$78.2m (up 1.6% from 3Q 2020). Net income: US$21.3m (down 11% from 3Q 2020). Profit margin: 27% (down from 31% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Jul 27Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 13 August 2021. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (2.5%).
Reported Earnings • Jul 24Second quarter 2021 earnings released: EPS US$1.55 (vs US$1.44 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$76.8m (up 3.9% from 2Q 2020). Net income: US$22.8m (up 7.8% from 2Q 2020). Profit margin: 30% (up from 29% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.