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Tompkins Financial Updates Executive Retirement Plans

Story Highlights
  • Tompkins Financial will contribute to executives’ retirement plans with specific vesting terms and interest rates.
  • An amendment adjusts Mr. Romaine’s retirement agreement to ensure higher incentive-based payouts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tompkins Financial Updates Executive Retirement Plans

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Tompkins Financial Corporation ( (TMP) ) just unveiled an update.

On December 16, 2025, Tompkins Financial Corporation implemented defined contribution supplemental executive retirement plans (DC SERPs) for two executives, Matthew D. Tomazin and Stephen S. Romaine. These plans include annual contributions to their retirement accounts, with specific vesting schedules and interest rates tied to Prime plus 1%. An amendment to Mr. Romaine’s pre-existing supplemental retirement agreement (DB SERP) also adjusts how earnings calculations incorporate senior incentive payments, ensuring a higher payout benchmark. These enhancements are expected to strengthen executive retention and align leadership incentives with company sustainability goals.

The most recent analyst rating on (TMP) stock is a Buy with a $82.00 price target. To see the full list of analyst forecasts on Tompkins Financial Corporation stock, see the TMP Stock Forecast page.

Spark’s Take on TMP Stock

According to Spark, TipRanks’ AI Analyst, TMP is a Outperform.

Tompkins Financial Corporation scores well due to strong financial performance, positive technical indicators, and beneficial corporate events. The sale of a subsidiary and dividend declaration highlight strategic growth and financial flexibility. The stock’s valuation is reasonable, with a solid dividend yield. Technical analysis supports a bullish outlook, though investors should monitor potential overbought conditions.

To see Spark’s full report on TMP stock, click here.

More about Tompkins Financial Corporation

Tompkins Financial Corporation operates in the financial services industry, offering banking, insurance, and wealth management solutions to meet diverse client needs within competitive markets.

Average Trading Volume: 50,642

Technical Sentiment Signal: Buy

Current Market Cap: $1.09B

Find detailed analytics on TMP stock on TipRanks’ Stock Analysis page.

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