Tompkins Financial
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. The last earnings update was 46 days ago. More info.
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TMP Share Price and Events
7 Day Returns
1 Year Returns
TMP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Tompkins Financial (TMP) | 3.5% | 1.9% | -0.4% | 3.5% | 18.9% | 62.4% |
| US Banks | 0.9% | -0.8% | 6.4% | -5.2% | 45.9% | 47% |
| US Market | 0.4% | 2.6% | 11% | 6.8% | 38.1% | 45.7% |
1 Year Return vs Industry and Market
- TMP outperformed the Banks industry which returned -5.2% over the past year.
- TMP underperformed the Market in United States of America which returned 6.8% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Tompkins Financial
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Tompkins Financial.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = $37.86 * 10.4% |
$3.95 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | $37.86 |
| Discount Rate (Cost of Equity) | See below | 9.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Banks Unlevered Beta | Simply Wall St/ S&P Global | 0.62 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.625 (1 + (1- 21%) (96.58%)) |
1.068 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.07 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.068 * 5.96%) |
9.09% |
Discounted Cash Flow Calculation for AMEX:TMP using Excess Returns Model Model
The calculations below outline how an intrinsic value for Tompkins Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (10.4% – 9.09%) * $37.86) |
$0.51 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $0.51 / (9.09% - 2.73%) |
$7.97 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $37.86 + $7.97 |
$45.83 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $45.83 |
| Current discount | Discount to share price of
$79.41
= -1 x ($79.41 - $45.83) / $45.83 |
-73.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Tompkins Financial is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Tompkins Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Tompkins Financial's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $5.39 |
| AMEX:TMP Share Price ** | AMEX (2019-04-16) in USD | $79.41 |
| United States of America Banks Industry PE Ratio | Median Figure of 587 Publicly-Listed Banks Companies | 12.96x |
| United States of America Market PE Ratio | Median Figure of 3,072 Publicly-Listed Companies | 18.08x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Tompkins Financial.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = AMEX:TMP Share Price ÷ EPS (both in USD) = 79.41 ÷ 5.39 |
14.75x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Tompkins Financial is overvalued based on earnings compared to the US Banks industry average.
- Tompkins Financial is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Tompkins Financial's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 14.75x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
1.9%per year |
| United States of America Banks Industry PEG Ratio | Median Figure of 260 Publicly-Listed Banks Companies | 1.26x |
| United States of America Market PEG Ratio | Median Figure of 2,107 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 14.75x ÷ 1.9% |
7.81x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Tompkins Financial is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Tompkins Financial's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $40.68 |
| AMEX:TMP Share Price * | AMEX (2019-04-16) in USD | $79.41 |
| United States of America Banks Industry PB Ratio | Median Figure of 592 Publicly-Listed Banks Companies | 1.23x |
| United States of America Market PB Ratio | Median Figure of 5,176 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = AMEX:TMP Share Price ÷ Book Value per Share (both in USD) = 79.41 ÷ 40.68 |
1.95x |
* Primary Listing of Tompkins Financial.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Tompkins Financial is overvalued based on assets compared to the US Banks industry average.
Value checks
We assess Tompkins Financial's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check) Tompkins Financial has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Tompkins Financial's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
- Tompkins Financial's earnings growth is positive but not above the United States of America market average.
- Tompkins Financial's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| AMEX:TMP Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 1.9% |
| AMEX:TMP Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 1.8% |
| United States of America Banks Industry Earnings Growth Rate | Market Cap Weighted Average | 4.2% |
| United States of America Banks Industry Revenue Growth Rate | Market Cap Weighted Average | 5.1% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 296 | 84 | 1 | |
| 2019-12-31 | 286 | 82 | 1 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 285 | 107 | 81 |
| 2018-09-30 | 279 | 98 | 65 |
| 2018-06-30 | 275 | 85 | 61 |
| 2018-03-31 | 269 | 90 | 56 |
| 2017-12-31 | 264 | 86 | 52 |
| 2017-09-30 | 260 | 81 | 64 |
| 2017-06-30 | 255 | 92 | 62 |
| 2017-03-31 | 249 | 88 | 60 |
| 2016-12-31 | 245 | 91 | 58 |
| 2016-09-30 | 244 | 87 | 57 |
| 2016-06-30 | 241 | 83 | 57 |
| 2016-03-31 | 239 | 82 | 59 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Tompkins Financial Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 5.59 | 5.71 | 5.46 | 2.00 |
| 2019-12-31 | 5.42 | 5.48 | 5.36 | 2.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 5.39 |
| 2018-09-30 | 4.31 |
| 2018-06-30 | 4.09 |
| 2018-03-31 | 3.76 |
| 2017-12-31 | 3.46 |
| 2017-09-30 | 4.30 |
| 2017-06-30 | 4.16 |
| 2017-03-31 | 4.03 |
| 2016-12-31 | 3.94 |
| 2016-09-30 | 3.87 |
| 2016-06-30 | 3.83 |
| 2016-03-31 | 4.01 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Tompkins Financial's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Tompkins Financial has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Tompkins Financial performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Tompkins Financial's year on year earnings growth rate has been positive over the past 5 years.
- Tompkins Financial's 1-year earnings growth exceeds its 5-year average (56.7% vs 5.5%)
- Tompkins Financial's earnings growth has exceeded the US Banks industry average in the past year (56.7% vs 44.5%).
Earnings and Revenue History
All data from Tompkins Financial Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 285.31 | 80.99 | 133.87 | |
| 2018-09-30 | 278.84 | 64.80 | 132.74 | |
| 2018-06-30 | 275.14 | 61.35 | 131.38 | |
| 2018-03-31 | 269.22 | 56.31 | 130.30 | |
| 2017-12-31 | 263.65 | 51.68 | 128.66 | |
| 2017-09-30 | 260.06 | 64.13 | 125.58 | |
| 2017-06-30 | 254.70 | 61.92 | 124.52 | |
| 2017-03-31 | 248.82 | 59.86 | 123.04 | |
| 2016-12-31 | 245.12 | 58.43 | 121.35 | |
| 2016-09-30 | 243.95 | 57.17 | 120.95 | |
| 2016-06-30 | 241.04 | 56.56 | 119.00 | |
| 2016-03-31 | 239.40 | 59.11 | 118.64 | |
| 2015-12-31 | 237.38 | 57.59 | 117.97 | |
| 2015-09-30 | 235.76 | 56.50 | 117.01 | |
| 2015-06-30 | 235.42 | 55.79 | 115.88 | |
| 2015-03-31 | 234.22 | 51.58 | 114.61 | |
| 2014-12-31 | 232.27 | 51.54 | 113.51 | |
| 2014-09-30 | 232.27 | 53.16 | 114.13 | |
| 2014-06-30 | 228.62 | 53.47 | 113.90 | |
| 2014-03-31 | 224.33 | 51.38 | 113.87 | |
| 2013-12-31 | 222.17 | 50.44 | 111.78 | |
| 2013-09-30 | 215.43 | 47.41 | 107.79 | |
| 2013-06-30 | 210.36 | 36.97 | 103.51 | |
| 2013-03-31 | 195.94 | 34.90 | 94.29 | |
| 2012-12-31 | 179.71 | 31.17 | 87.80 | |
| 2012-09-30 | 165.35 | 29.37 | 80.73 | |
| 2012-06-30 | 150.23 | 33.72 | 75.59 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Tompkins Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Tompkins Financial used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
- Unable to establish if Tompkins Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Past performance checks
We assess Tompkins Financial's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Tompkins Financial has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
This company is a bank or financial institution.Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Balance sheet
Assets
Liabilities and shares
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Tompkins Financial Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 620.87 | 1,174.78 | 73.79 |
| 2018-09-30 | 599.14 | 1,058.21 | 113.16 |
| 2018-06-30 | 590.65 | 1,298.78 | 82.67 |
| 2018-03-31 | 579.41 | 1,080.94 | 68.10 |
| 2017-12-31 | 576.20 | 1,163.61 | 77.70 |
| 2017-09-30 | 589.87 | 925.10 | 129.41 |
| 2017-06-30 | 576.92 | 1,019.00 | 78.18 |
| 2017-03-31 | 563.52 | 804.56 | 78.47 |
| 2016-12-31 | 549.41 | 991.56 | 57.35 |
| 2016-09-30 | 561.19 | 785.86 | 179.59 |
| 2016-06-30 | 554.44 | 834.80 | 73.10 |
| 2016-03-31 | 539.89 | 609.44 | 62.54 |
| 2015-12-31 | 516.47 | 710.31 | 60.23 |
| 2015-09-30 | 517.96 | 571.35 | 114.84 |
| 2015-06-30 | 505.39 | 661.81 | 68.29 |
| 2015-03-31 | 504.30 | 504.00 | 72.60 |
| 2014-12-31 | 489.58 | 540.92 | 60.66 |
| 2014-09-30 | 490.61 | 332.18 | 94.59 |
| 2014-06-30 | 489.24 | 469.21 | 93.43 |
| 2014-03-31 | 473.82 | 410.62 | 108.80 |
| 2013-12-31 | 457.94 | 536.42 | 82.08 |
| 2013-09-30 | 444.28 | 441.42 | 100.11 |
| 2013-06-30 | 431.89 | 514.30 | 81.23 |
| 2013-03-31 | 446.81 | 394.43 | 114.78 |
| 2012-12-31 | 441.36 | 369.50 | 118.18 |
| 2012-09-30 | 440.95 | 376.11 | 160.04 |
| 2012-06-30 | 353.70 | 308.66 | 77.71 |
BANK ANALYSIS
This company is a bank or financial institution, which is analysed accordingly below.
- Tompkins Financial has an acceptable proportion of non-loan assets held.
- Tompkins Financial's liabilities are made up of primarily low risk sources of funding.
- Loans at Tompkins Financial are broadly funded by customer deposits.
- Tompkins Financial's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
- Tompkins Financial has a sufficient allowance for bad loans.
- Tompkins Financial has an acceptable level of bad loans (less than 2%).
Financial health checks
We assess Tompkins Financial's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Tompkins Financial has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Tompkins Financial's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Tompkins Financial
shares you are expected to receive
$50
in your first year as a dividend.
Dividend Amount
- Tompkins Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).
- Tompkins Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| United States of America Banks Industry Average Dividend Yield | Market Cap Weighted Average of 472 Stocks | 2.8% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 2.05 | 2.00 |
| 2019-12-31 | 2.01 | 2.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-01-25 | 2.000 | 2.589 |
| 2018-10-19 | 2.000 | 2.625 |
| 2018-07-20 | 1.920 | 2.273 |
| 2018-04-27 | 1.920 | 2.257 |
| 2018-01-26 | 1.920 | 2.440 |
| 2017-10-27 | 1.880 | 2.245 |
| 2017-07-21 | 1.800 | 2.261 |
| 2017-04-28 | 1.800 | 2.257 |
| 2017-01-27 | 1.800 | 2.119 |
| 2016-10-28 | 1.800 | 2.064 |
| 2016-07-22 | 1.760 | 2.371 |
| 2016-04-22 | 1.760 | 2.667 |
| 2016-01-29 | 1.760 | 2.927 |
| 2015-10-30 | 1.760 | 3.080 |
| 2015-07-31 | 1.680 | 3.151 |
| 2015-04-24 | 1.680 | 3.172 |
| 2015-01-28 | 1.680 | 3.165 |
| 2014-10-24 | 1.680 | 3.290 |
| 2014-07-25 | 1.600 | 3.539 |
| 2014-04-25 | 1.600 | 3.423 |
| 2014-01-24 | 1.600 | 3.324 |
| 2013-10-18 | 1.600 | 3.231 |
| 2013-07-19 | 1.520 | 3.375 |
| 2013-04-26 | 1.520 | 3.532 |
| 2013-01-25 | 1.520 | 3.674 |
| 2012-10-25 | 1.520 | 3.837 |
| 2012-07-20 | 1.440 | 3.629 |
| 2012-04-25 | 1.440 | 3.866 |
| 2012-01-25 | 1.440 | 3.552 |
| 2011-10-26 | 1.440 | 3.667 |
| 2011-07-20 | 1.440 | 3.804 |
| 2011-04-27 | 1.360 | 3.485 |
| 2011-01-26 | 1.360 | 3.340 |
| 2010-10-27 | 1.360 | 3.422 |
| 2010-07-21 | 1.360 | 3.451 |
| 2010-04-21 | 1.360 | 3.469 |
| 2010-01-27 | 1.236 | 3.322 |
| 2009-10-28 | 1.236 | 3.355 |
| 2009-07-22 | 1.236 | 3.061 |
| 2009-04-29 | 1.236 | 2.877 |
| 2009-04-17 | 1.236 | 3.216 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Tompkins Financial's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (2.8x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
Income/ dividend checks
We assess Tompkins Financial's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Tompkins Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Tompkins Financial has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $1,389,441 |
| AGE | 53 |
| TENURE AS CEO | 12.3 years |
CEO Bio
Mr. Stephen S. Romaine, also known as Steve, has been the Chief Executive Officer and President at Tompkins Financial Corporation (formerly, Tompkins Trustco Inc), the holding company of Tompkins Trust Company since January 1, 2007. Mr. Romaine served as the President and Chief Executive Officer of The Mahopac National Bank, a subsidiary of Tompkins Financial Corporation from January 1, 2003 to December 31, 2006. He served as an Executive Vice President of Tompkins Financial Corporation. Mr. Romaine served as an Executive Vice President, Chief Financial Officer and Manager of Support Services Division of Mahopac National Bank. He has served as the Chairman of the Board of Directors of Tompkins Trust Company since May 2014. Mr. Romaine currently serves on the Board of the New York Bankers Association, and served as its Chairman from March 2016 through March 2017. His civic involvement includes service as a member of the Board of Directors of the Ithaca Aviation Heritage Foundation and the TC3 Foundation. He has been an Executive Director of Tompkins Financial Corporation since January 1, 2007. He has been a Director of TFA Management, Inc. since January 01, 2007. He has been a Director of Tompkins Trust Company, The Bank of Castile, Tompkins Insurance Agencies, Inc., subsidiaries of Tompkins Financial Corporation since January 1, 2007. Mr. Romaine has been a Director of AM & M Financial Services Inc. since January 1, 2007. He serves as a Director of Mahopac National Bank.
CEO Compensation
- Steve's compensation has been consistent with company performance over the past year.
- Steve's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Tompkins Financial management team in years:
- The average tenure for the Tompkins Financial management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Steve Romaine
President
$1M
53
12.3 yrs
Frank Fetsko
Executive VP
$729K
53
18.3 yrs
David Boyce
Executive Vice President
$581K
51
15 yrs
Greg Hartz
Executive Vice President
$560K
57
17.3 yrs
Scott Gruber
Executive Vice President
$731K
61
6 yrs
Bradley James
Senior VP & CTO
Janet Hewitt
Assistant VP
Alyssa Fontaine
Executive VP & General Counsel
37
3.3 yrs
Susan Valenti
Executive VP & Corporate Marketing Officer
63
4.8 yrs
Bonita Lindberg
Senior VP & Director of Human Resources
61
3.3 yrs
Board of Directors Tenure
Average tenure and age of the Tompkins Financial board of directors in years:
- The average tenure for the Tompkins Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Tom Rochon
Chairman of the Board
$112K
65
4.9 yrs
Steve Romaine
President
$1M
53
12.3 yrs
Jim Fulmer
Vice Chairman of the Board
$75K
67
12.3 yrs
Craig Yunker
Director
$65K
67
19.3 yrs
Dan Fessenden
Director
$66K
52
10.3 yrs
Paul Battaglia
Director
$80K
66
8.9 yrs
Michael Spain
Director
$57K
60
19.3 yrs
Patricia Johnson
Director
$53K
62
12.9 yrs
John Alexander
Director
$55K
65
24.3 yrs
Susan Henry
Director
$56K
72
8.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 05. Nov 18 | Buy | Frank Milewski | Individual | 02. Nov 18 | 02. Nov 18 | 200 | $73.88 | $14,776 | ||
| 20. Aug 18 | Sell | Gerald Klein | Individual | 17. Aug 18 | 17. Aug 18 | -750 | $86.51 | $-64,883 | ||
Management checks
We assess Tompkins Financial's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Tompkins Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Is Tompkins Financial Corporation's (NYSEMKT:TMP) High P/E Ratio A Problem For Investors?
We'll look at Tompkins Financial Corporation's (NYSEMKT:TMP) P/E ratio and reflect on what it tells us about the company's share price. … Tompkins Financial has a price to earnings ratio of 14.66, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleRisk Factors To Consider Before Investing In Tompkins Financial Corporation (NYSEMKT:TMP)
Risk associated with repayment is measured by bad debt which is written off as an expense, impacting Tompkins Financial’s bottom line. … Looking through a risk-lens is a useful way to assess the attractiveness of Tompkins Financial's a stock investment. … See our latest analysis for Tompkins Financial
Simply Wall St - – Full articleHow Much is Tompkins Financial Corporation's (NYSEMKT:TMP) CEO Getting Paid?
How Does Steve Romaine's Compensation Compare With Similar Sized Companies. … According to our data, Tompkins Financial Corporation has a market capitalization of US$1.2b, and pays its CEO total annual compensation worth US$2.1m. … While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$605k
Simply Wall St - – Full articleCan You Imagine How Tompkins Financial's Shareholders Feel About The 60% Share Price Increase?
For example, the Tompkins Financial Corporation (NYSEMKT:TMP) share price is up 60% in the last 5 years, clearly besting than the market return of around 40% (ignoring dividends). … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Over half a decade, Tompkins Financial managed to grow its earnings per share at 9.1% a year.
Simply Wall St - – Full articleTompkins Financial Corporation (NYSEMKT:TMP) Will Pay US$0.50 In Dividends
Have you been keeping an eye on Tompkins Financial Corporation's (NYSEMKT:TMP) upcoming dividend of US$0.50 per share payable on the 15 February 2019? … Let's take a look at Tompkins Financial's most recent financial data to examine its dividend characteristics in more detail. … Will the company be able to keep paying dividend based on the future earnings growth
Simply Wall St - – Full articleHow Many Insiders Sold Tompkins Financial Corporation (NYSEMKT:TMP) Shares?
So we'll take a look at whether insiders have been buying or selling shares in Tompkins Financial Corporation (NYSEMKT:TMP). … It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.
Simply Wall St - – Full articleAre You An Income Investor? Don't Miss Out On Tompkins Financial Corporation (NYSEMKT:TMP)
Over the past 10 years Tompkins Financial Corporation (NYSEMKT:TMP) has been paying dividends to shareholders. … The company currently pays out a dividend yield of 2.6% to shareholders, making it a relatively attractive dividend stock. … Let's take a look at Tompkins Financial in more detail.
Simply Wall St - – Full articleWhat Does Tompkins Financial Corporation's (NYSEMKT:TMP) P/E Ratio Tell You?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Tompkins Financial has a P/E ratio of 16.47, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleShould You Be Concerned About Tompkins Financial Corporation’s (NYSEMKT:TMP) Liquidity?
As a small-cap bank stock with a market capitalisation of US$1.2b, Tompkins Financial Corporation’s (NYSEMKT:TMP) risk and profitability are largely determined by the underlying economic growth of the US regions in which it operates. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Tompkins Financial to vulnerabilities. … Today we will be measuring Tompkins Financial’s financial risk position by looking at three leverage and liquidity metrics.
Simply Wall St - – Full articleIs It Too Late To Consider Buying Tompkins Financial Corporation (NYSEMKT:TMP)?
Tompkins Financial Corporation (NYSEMKT:TMP), operating in the financial services industry based in United States,. … A question to answer is whether Tompkins Financial's current trading price of $75.43 reflective of the actual value of the? … Let’s take a look at Tompkins Financial’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleCompany Info
Description
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. The company operates through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking accounts, savings accounts, time deposits, IRA products, brokered time deposits, and municipal money market accounts. The company also offers loans for various business purposes, including real estate financing, construction and equipment financing, accounts receivable financing, and commercial leasing; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agriculturally-related loans; and consumer loans, such as personal installment loans, direct and indirect automobile financing, and overdraft lines of credit, as well as leasing services. In addition, it provides letters of credit and sweep accounts; credit and debit cards; and deposit and cash management, Internet-based account, remote deposit, safe deposit, voice response, ATM, and mobile and Internet banking services. Further, the company offers investment management, trust and estate, financial and tax planning, and brokerage services; property and casualty, life, disability, and long-term care insurance services; employee benefit consulting services; and insurance planning services. It primarily serves individuals, corporate executives, small business owners, and high net worth individuals. The company operates through a network of 66 banking offices, including 46 offices in New York and 20 offices in Pennsylvania. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.
Details
| Name: | Tompkins Financial Corporation |
| TMP | |
| Exchange: | AMEX |
| Founded: | 1836 |
| $1,216,342,901 | |
| 15,317,251 | |
| Website: | http://www.tompkinsfinancial.com |
| Address: |
Tompkins Financial Corporation 118 East Seneca Street, PO Box 460, Ithaca, New York, 14850, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| AMEX | TMP | Common Stock | NYSE MKT LLC | US | USD | 07. Jan 1980 |
Number of employees
Current staff
Industry
| Regional Banks | |
| Banks |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/16 23:47 |
| End of day share price update: | 2019/04/16 00:00 |
| Last estimates confirmation: | 2019/03/25 |
| Last earnings filing: | 2019/03/01 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
