Tompkins Financial Corporation (TMP) AI Stock Analysis

• Market Cap: $858.40M
• Dividend Yield: 4.15%
• Average Volume (3M): 57.84K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.89
• Revenue Growth: 37.59%
• EPS Growth: 969.87%
• Country: US
• Employees: 941
• Sector: Financial
• Sector Strength: 87
• Industry: Banks - Regional
• EPS (TTM): 5.15
• Shares Outstanding: 14,434,103
• 10 Day Avg. Volume: 48,461
• 30 Day Avg. Volume: 57,844
• PEG Ratio: 0.01
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.67
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 4.87
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $75.00
• Price Target Upside: 25.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Tompkins Financial Corporation's overall stock score is primarily influenced by its strong balance sheet and attractive valuation, offset by weak revenue generation and bearish technical indicators. The company must address its income challenges to improve its stock performance. Despite this, its zero debt and high dividend yield offer some defensive qualities.

Tompkins Financial Corporation Business Overview & Revenue Model

Company Description

Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking accounts, savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits. The company also offers loans for various business purposes, including real estate financing, construction, equipment financing, accounts receivable financing, and commercial leasing; residential mortgage loans; personal loans; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agriculture loans; and consumer loans, such as personal installment loans, direct and indirect automobile financing, and overdraft lines of credit. 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, and financial and tax planning services; property and casualty, medical, 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 63 banking offices, including 43 offices in New York and 20 offices in Pennsylvania. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.

How the Company Makes Money

Tompkins Financial Corporation generates revenue primarily through interest income from its banking operations, which includes loans to individuals and businesses, and investments in securities. Fee-based income from wealth management services, such as investment advisory and financial planning, also contributes significantly to its earnings. Additionally, the company earns money through insurance commissions and fees from its insurance services segment. The bank leverages its community presence and personalized customer service to maintain a steady income stream, and it benefits from partnerships with local businesses and organizations to enhance its service offerings and expand its customer base.

Tompkins Financial Corporation Financial Statement Overview

Summary

Tompkins Financial Corporation exhibits a strong balance sheet with zero debt and a solid equity base. However, recent challenges in generating revenue and net income present significant risks. The cash flow remains robust, but the lack of recent income indicates potential issues. Stabilizing revenue and profitability is crucial.

Income Statement

The income statement shows significant fluctuations in revenue over recent years, with a notable decline to zero in 2024. Despite achieving a healthy EBIT in the TTM, the lack of revenue and net income presents a substantial risk. Historical data indicated stable gross and net profit margins up to 2023.

Balance Sheet

Tompkins Financial Corporation maintains a strong equity position with a rising stockholders' equity over time. The company has successfully reduced its total debt to zero in 2024, significantly improving the debt-to-equity ratio. However, the equity ratio has shown some volatility, reflecting changes in total assets and liabilities.

Cash Flow

The cash flow statement reveals consistent operating cash flow, supported by positive free cash flow growth. The operating cash flow to net income ratio is robust, although the lack of current net income poses risks. Historical data shows a generally stable free cash flow to net income ratio.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
295.18M	215.42M	308.25M	302.64M	299.20M
	Gross Profit
295.18M	215.42M	257.76M	255.39M	253.41M
	EBIT
71.06M	12.46M	130.63M	114.45M	97.51M
	EBITDA
0.00	20.55M	121.27M	126.14M	109.34M
	Net Income Common Stockholders
70.85M	9.51M	85.03M	89.26M	77.59M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.29B	1.48B	1.67B	2.11B	2.02B
	Total Assets
8.11B	7.82B	7.67B	7.82B	7.62B
	Total Debt
790.25M	602.10M	532.60M	124.00M	278.22M
	Net Debt
655.85M	522.56M	454.76M	60.89M	-110.24M
	Total Liabilities
7.40B	7.15B	7.05B	7.09B	278.22M
	Stockholders Equity
713.44M	668.52M	615.98M	727.53M	716.28M
Cash Flow		Free Cash Flow
94.97M	82.24M	95.17M	116.44M	96.84M
	Operating Cash Flow
94.97M	89.00M	103.34M	121.18M	101.39M
	Investing Cash Flow
-250.44M	-146.30M	-8.44M	-583.29M	-643.72M
	Financing Cash Flow
210.33M	59.00M	-80.17M	136.76M	792.81M

Tompkins Financial Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 59.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TMP, the sentiment is Neutral. The current price of 59.6 is above the 20-day moving average (MA) of 58.25, below the 50-day MA of 62.60, and below the 200-day MA of 63.81, indicating a neutral trend. The MACD of -0.88 indicates Negative momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 74.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TMP.

Tompkins Financial Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMAL	76 Outperform	$864.16M	8.35	15.41%	1.74%	10.80%	10.48%
SBSI	74 Outperform	$857.24M	9.69	11.03%	5.02%	9.36%	8.13%
CTBI	74 Outperform	$886.26M	10.23	11.54%	3.77%	12.34%	10.88%
BRKL	74 Outperform	$939.19M	12.81	6.01%	5.13%	4.33%	-11.14%
CNOB	71 Outperform	$866.73M	12.25	6.21%	3.17%	2.27%	-2.41%
Sector *	63 Neutral	$12.46B	9.55	8.14%	17103.96%	12.70%	-4.66%
TMP	56 Neutral	$858.40M	11.55	10.45%	4.15%	37.59%	969.87%

Tompkins Financial Corporation Corporate Events

Tompkins Financial EVP John McKenna Announces Retirement

On April 24, 2025, John McKenna, Executive Vice President of Tompkins Financial Corporation and President of Tompkins Community Bank, announced his retirement effective in the summer of 2026 after more than 17 years of service. This decision marks a significant transition for the company, potentially impacting its leadership dynamics and strategic direction.

Spark’s Take on TMP Stock

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

Tompkins Financial Corporation’s overall stock score is primarily influenced by its strong balance sheet and attractive valuation, offset by weak revenue generation and bearish technical indicators. The company must address its income challenges to improve its stock performance. Despite this, its zero debt and high dividend yield offer some defensive qualities.

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