Tompkins Financial

TMP

Market cap $896M

Like the market, shares of Tompkins Financial Corporation have rallied nicely in recent months, returning over 20% since my opening piece in April. Tompkins continues to enjoy net interest margin expansion, which is fueling decent earnings growth. Driven by ongoing asset repricing, this should continue. Tompkins still appears to trade at a discount based on its past-average dividend yield and book value multiple. Despite rallying, the stock's medium-term return potential also remains attractive.

Tompkins Q2 EPS Up 36 Percent

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

ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.50 for the second quarter of 2025, up 9.5% from the immediate prior quarter, and up 36.4% from the diluted earnings per share of $1.10 reported for the second quarter of 2024. Net income for the second quarter of 2025 was $21.5 million, up $1.8 million, or 9.1%, compared to the first quarter of 2025, and up $5.8.

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

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins Financial (TMP) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins Financial (TMP) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins Financial (TMP) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins Financial (TMP) have what it takes?