Tompkins Financial Management

Management criteria checks 2/4

Tompkins Financial's CEO is Steve Romaine, appointed in Jan 2007, has a tenure of 17.83 years. total yearly compensation is $2.77M, comprised of 29.7% salary and 70.3% bonuses, including company stock and options. directly owns 0.58% of the company’s shares, worth €6.12M. The average tenure of the management team and the board of directors is 2.8 years and 5.5 years respectively.

Key information

Steve Romaine

Chief executive officer

US$2.8m

Total compensation

CEO salary percentage	29.7%
CEO tenure	17.8yrs
CEO ownership	0.6%
Management average tenure	2.8yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Romaine's remuneration changed compared to Tompkins Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$66m
Jun 30 2024	n/a	n/a	US$14m
Mar 31 2024	n/a	n/a	US$7m
Dec 31 2023	US$3m	US$824k	US$9m
Sep 30 2023	n/a	n/a	US$14m
Jun 30 2023	n/a	n/a	US$69m
Mar 31 2023	n/a	n/a	US$81m
Dec 31 2022	US$2m	US$787k	US$85m
Sep 30 2022	n/a	n/a	US$85m
Jun 30 2022	n/a	n/a	US$85m
Mar 31 2022	n/a	n/a	US$86m
Dec 31 2021	US$2m	US$775k	US$89m
Sep 30 2021	n/a	n/a	US$93m
Jun 30 2021	n/a	n/a	US$96m
Mar 31 2021	n/a	n/a	US$94m
Dec 31 2020	US$3m	US$719k	US$77m
Sep 30 2020	n/a	n/a	US$74m
Jun 30 2020	n/a	n/a	US$70m
Mar 31 2020	n/a	n/a	US$68m
Dec 31 2019	US$3m	US$664k	US$80m
Sep 30 2019	n/a	n/a	US$78m
Jun 30 2019	n/a	n/a	US$79m
Mar 31 2019	n/a	n/a	US$82m
Dec 31 2018	US$1m	US$636k	US$81m
Sep 30 2018	n/a	n/a	US$65m
Jun 30 2018	n/a	n/a	US$61m
Mar 31 2018	n/a	n/a	US$56m
Dec 31 2017	US$2m	US$605k	US$52m

Compensation vs Market: Steve's total compensation ($USD2.77M) is above average for companies of similar size in the German market ($USD1.48M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.

CEO

Steve Romaine (59 yo)

17.8yrs

Tenure

US$2,774,221

Compensation

Mr. Stephen S. Romaine, also known as Steve, serves as Director at The Federal Home Loan Bank of New York since January 1, 2019. Mr. Romaine has been the Chief Executive Officer and President at Tompkins F...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stephen Romaine	President	17.8yrs	US$2.77m	0.58% € 6.1m
Matthew Tomazin	Executive VP	1.1yrs	US$474.40k	0.031% € 326.3k
David Boyce	Executive Vice President	20.6yrs	US$877.72k	0.20% € 2.1m
John McKenna	Executive Vice President	no data	US$967.11k	0.12% € 1.3m
Ginger Kunkel	Executive Vice President	2.8yrs	US$601.08k	0.032% € 331.9k
Charles Guarino	Executive VP	no data	no data	0.031% € 322.5k
David Kershaw	Senior Vice President of Finance & Accounting and Chief Accounting Officer	1.1yrs	no data	0.056% € 589.5k
Bradley James	Senior VP & CTO	no data	no data	no data
Janet Hewitt	Assistant VP and Corporate Administrative & Investor Relations Officer	no data	no data	no data
Alyssa Fontaine	Executive VP	8.8yrs	no data	0.067% € 702.6k
Stacie Mastin	Senior VP & Director of HR	less than a year	no data	0.017% € 183.0k
Richard Dolge	Senior Vice President	no data	no data	no data

2.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 8J0's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Romaine	President	17.8yrs	US$2.77m	0.58% € 6.1m
Michael Spain	Director	24.8yrs	US$94.20k	1.24% € 13.1m
Jennifer Tegan	Independent Director	5.5yrs	US$92.30k	no data
John McClurg	Independent Director	1.8yrs	US$76.67k	0.092% € 965.2k
Patricia Johnson	Independent Director	18.5yrs	US$95.38k	0.029% € 308.1k
Nancy Catarisano	Independent Director	1.8yrs	US$68.77k	no data
Thomas Rochon	Independent Chairman	15.5yrs	US$186.80k	0.073% € 765.1k
Daniel Fessenden	Independent Director	15.8yrs	US$104.70k	0.0094% € 99.2k
Janet Coletti	Director	less than a year	no data	0.014% € 146.3k
Ita Rahilly	Independent Director	4.5yrs	US$93.30k	0.059% € 618.6k
Angela Lee	Independent Director	1.8yrs	US$58.37k	no data

5.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 8J0's board of directors are considered experienced (5.5 years average tenure).

Tompkins Financial Management

Management criteria checks 2/4

Key information

Recent management updates

Tompkins Financial Corporation Approves the Election of Janet M. Coletti as Member of the Board of Directors

Tompkins Financial Corporation, Annual General Meeting, May 14, 2024

Independent Director recently bought €92k worth of stock

Tompkins Financial Corporation Announces Executive Changes

Tompkins Financial Corporation and Tompkins Community Bank Announce Executive Changes

Insufficient new directors

Recent updates

Investor sentiment improves as stock rises 22%

Third quarter dividend of US$0.62 announced

Third quarter 2024 earnings released: EPS: US$1.31 (vs US$2.35 loss in 3Q 2023)

Tompkins Financial Corporation Approves Payment of A Regular Quarterly Cash Dividend, Payable on November 15, 2024

Second quarter dividend of US$0.61 announced

Second quarter 2024 earnings released: EPS: US$1.10 (vs US$0.59 in 2Q 2023)

New minor risk - Share price stability

Tompkins Financial Corporation Approves Quarterly Cash Dividend, Payable on August 16, 2024

Tompkins Financial Corporation Approves the Election of Janet M. Coletti as Member of the Board of Directors

First quarter dividend of US$0.61 announced

Tompkins Financial Corporation Approves Regular Quarterly Cash Dividend, Payable on May 17, 2024

First quarter 2024 earnings released: EPS: US$1.19 (vs US$1.35 in 1Q 2023)

Tompkins Financial Corporation, Annual General Meeting, May 14, 2024

Full year 2023 earnings released: EPS: US$0.66 (vs US$5.92 in FY 2022)

Independent Director recently bought €92k worth of stock

Fourth quarter dividend of US$0.60 announced

Full year 2023 earnings released: EPS: US$0.66 (vs US$5.92 in FY 2022)

Tompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on February 16, 2024

Third quarter 2023 earnings released: US$2.35 loss per share (vs US$1.49 profit in 3Q 2022)

Tompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on November 15, 2023

Tompkins Financial Corporation Announces Executive Changes

Second quarter 2023 earnings released: EPS: US$0.59 (vs US$1.45 in 2Q 2022)

Tompkins Financial Corporation and Tompkins Community Bank Announce Executive Changes

Insufficient new directors

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Independent Director recently bought €124k worth of stock

Tompkins Financial Corp. Announces Francis M. Fetsko Plans to Retire as Chief Financial Officer

First quarter 2023 earnings released: EPS: US$1.35 (vs US$1.61 in 1Q 2022)

Full year 2022 earnings released: EPS: US$5.92 (vs US$6.09 in FY 2021)

Tompkins Financial Corporation Reports Cash Dividend, Payable on February 15, 2023

Full year 2022 earnings released: EPS: US$5.92 (vs US$6.09 in FY 2021)

Executive Vice President recently sold €131k worth of stock

Third quarter 2022 earnings released: EPS: US$1.49 (vs US$1.46 in 3Q 2021)

Tompkins Financial Corporation Increases Quarterly Dividend, Payable on November 15, 2022

Executive VP recently sold €62k worth of stock

Second quarter 2022 earnings released: EPS: US$1.45 (vs US$1.55 in 2Q 2021)

Tompkins Financial Corporation Approves Payment of Regular Quarterly Cash Dividend, Payable on August 12, 2022

Insider recently bought €94k worth of stock

Tompkins Financial Corporation Announces Regular Quarterly Cash Dividend, Payable on May 16, 2022

First quarter 2022 earnings released: EPS: US$1.62 (vs US$1.73 in 1Q 2021)

Tompkins Financial Corporation, Annual General Meeting, May 10, 2022

Tompkins Financial Corporation, Annual General Meeting, May 10, 2022

Tompkins Financial Corporation, Annual General Meeting, May 10, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Tompkins Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Insider recently sold €71k worth of stock

Upcoming dividend of US$0.57 per share

Third quarter 2021 earnings released: EPS US$1.46 (vs US$1.63 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$1.55 (vs US$1.44 in 2Q 2020)

President recently sold €189k worth of stock

First quarter 2021 earnings released: EPS US$1.75 (vs US$0.53 in 1Q 2020)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age