Tompkins Financial
Market Cap
US$1.3b
Last Updated
2019/10/21 23:43 UTC
Data Sources
Company Financials +
Executive Summary
Tompkins Financial Corporation operates as a community-based financial services company that provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Tompkins Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.6%
TMP
2.7%
US Banks
0.5%
US Market
1 Year Return
10.7%
TMP
2.9%
US Banks
6.8%
US Market
Return vs Industry: TMP exceeded the US Banks industry which returned 2.9% over the past year.
Return vs Market: TMP exceeded the US Market which returned 6.8% over the past year.
Shareholder returns
| TMP | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.6% | 2.7% | 0.5% |
| 30 Day | 0.3% | 1.1% | -0.8% |
| 90 Day | 6.6% | 2.7% | -0.9% |
| 1 Year | 13.5%10.7% | 5.8%2.9% | 9.2%6.8% |
| 3 Year | 11.9%4.3% | 52.0%41.5% | 45.6%36.2% |
| 5 Year | 100.3%75.6% | 69.2%50.7% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is Tompkins Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did You Miss Tompkins Financial's (NYSEMKT:TMP) 73% Share Price Gain?1 month ago | Simply Wall St
What Kind Of Shareholder Appears On The Tompkins Financial Corporation's (NYSEMKT:TMP) Shareholder Register?1 month ago | Simply Wall St
Why Tompkins Financial Corporation (NYSEMKT:TMP) Should Be In Your Dividend PortfolioValuation
Is Tompkins Financial undervalued compared to its fair value and its price relative to the market?
15.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TMP ($82.9) is trading above our estimate of fair value ($59.75)
Significantly Below Fair Value: TMP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TMP is poor value based on its PE Ratio (15.9x) compared to the Banks industry average (12.5x).
PE vs Market: TMP is good value based on its PE Ratio (15.9x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TMP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TMP is overvalued based on its PB Ratio (1.9x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Tompkins Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
0.8%
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TMP's forecast earnings growth is above the savings rate (2.7%).
Earnings vs Market: Insufficient data to determine if TMP's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if TMP's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if TMP's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TMP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Tompkins Financial performed over the past 5 years?
8.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TMP's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: TMP's earnings growth over the past year (20.8%) exceeds its 5-year average (8.2% per year).
Earnings vs Industry: TMP earnings growth over the past year (20.8%) underperformed the Banks industry 29.7%.
Return on Equity
High ROE: TMP's Return on Equity (12.1%) is considered low.
Return on Assets
ROA vs Industry: TMP has a higher Return on Assets than the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate TMP's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is Tompkins Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: TMP has a low level of unsold assets or inventory.
Debt Coverage by Assets: TMP's debt is not covered by short term assets (assets are 0.5x debt).
Financial Institutions Analysis
Asset Level: TMP's level of assets compared to its equity is moderate.
Allowance for Bad Loans: TMP has a sufficient allowance for bad loans.
Low Risk Liabilities: TMP's liabilities are made up of primarily low risk sources of funding.
Loan Level: TMP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: TMP's loans are broadly funded by customer deposits.
Level of Bad Loans: TMP has an appropriate level of bad loans (0.62%)
Next Steps
Dividend
What is Tompkins Financial's current dividend yield, its reliability and sustainability?
2.51%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: TMP's dividend (2.51%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: TMP's dividend (2.51%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stable Dividend: TMP's dividends per share have been stable in the past 10 years.
Growing Dividend: TMP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.3%), TMP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Tompkins Financial's salary, the management and board of directors tenure and is there insider trading?
9.6yrs
Average management tenure
CEO
Steve Romaine (54yo)
12.8yrs
Tenure
US$1,389,441
Compensation
Mr. Stephen S. Romaine, also known as Steve, is an Independent Director at The Federal Home Loan Bank of New York since January 1, 2019. Mr. Romaine has been the Chief Executive Officer and President at To ...
CEO Compensation Analysis
Compensation vs. Market: Steve's total compensation ($USD1.39M) is about average for companies of similar size in the US market ($USD4.00M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Management Age and Tenure
9.6yrs
Average Tenure
56yo
Average Age
Experienced Management: TMP's management team is seasoned and experienced (9.6 years average tenure).
Board Age and Tenure
12.8yrs
Average Tenure
66yo
Average Age
Experienced Board: TMP's board of directors are seasoned and experienced ( 12.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 200 |
| Max Price | US$73.88 |
Ownership Breakdown
Management Team
Frank Fetsko (54yo)
Executive VP
- Tenure: 18.8yrs
- Compensation: US$729.44k
Steve Romaine (54yo)
President
- Tenure: 12.8yrs
- Compensation: US$1.39m
David Boyce (52yo)
Executive Vice President
- Tenure: 15.5yrs
- Compensation: US$581.25k
Greg Hartz (58yo)
Executive Vice President
- Tenure: 17.8yrs
- Compensation: US$559.74k
Scott Gruber (62yo)
Executive Vice President
- Tenure: 6.5yrs
- Compensation: US$731.05k
Susan Valenti (64yo)
Executive VP & Corporate Marketing Officer
- Tenure: 5.3yrs
Bonita Lindberg (62yo)
Senior VP & Director of Human Resources
- Tenure: 3.8yrs
Alyssa Fontaine (38yo)
Executive VP & General Counsel
- Tenure: 3.8yrs
Janet Hewitt
Assistant VP
- Tenure: 0yrs
Brad James
Senior VP & CTO
- Tenure: 0yrs
Board Members
Jim Fulmer (68yo)
Vice Chairman of the Board
- Tenure: 12.8yrs
- Compensation: US$75.00k
Craig Yunker (68yo)
Independent Director
- Tenure: 19.8yrs
- Compensation: US$65.00k
Al Weber (66yo)
Independent Director
- Tenure: 7.2yrs
- Compensation: US$53.00k
Michael Spain (61yo)
Director
- Tenure: 19.8yrs
- Compensation: US$56.50k
John Alexander (66yo)
Independent Director
- Tenure: 24.8yrs
- Compensation: US$54.50k
Steve Romaine (54yo)
President
- Tenure: 12.8yrs
- Compensation: US$1.39m
Patricia Johnson (63yo)
Independent Director
- Tenure: 13.4yrs
- Compensation: US$53.00k
Paul Battaglia (67yo)
Independent Director
- Tenure: 9.4yrs
- Compensation: US$80.00k
Tom Rochon (66yo)
Chairman of the Board
- Tenure: 5.4yrs
- Compensation: US$112.40k
Dan Fessenden (53yo)
Independent Director
- Tenure: 10.8yrs
- Compensation: US$65.50k
Company Information
Tompkins Financial Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tompkins Financial Corporation
- Ticker: TMP
- Exchange: AMEX
- Founded: 1836
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.252b
- Shares outstanding: 15.10m
- Website: https://www.tompkinsfinancial.com
Number of Employees
Location
- Tompkins Financial Corporation
- 118 East Seneca Street
- PO Box 460
- Ithaca
- New York
- 14850
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TMP | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Jan 1980 |
Biography
Tompkins Financial Corporation operates as a community-based financial services company that provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealt ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 23:43 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.