Tompkins Financl Stock Price, News & Analysis
Company Description
Tompkins Financial Corporation (NYSE American: TMP) is a banking and financial services company based in Ithaca, New York. According to its public disclosures and press releases, the company serves customers in the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Tompkins Financial operates as the parent company of Tompkins Community Bank, and provides wealth management services under the Tompkins Financial Advisors brand.
Core banking and financial services
Tompkins Financial is identified as a financial holding company engaged in commercial and consumer banking. Through Tompkins Community Bank, it offers traditional banking services to individuals and businesses in its regional footprint. Company disclosures highlight activities such as lending and deposit-taking, with references to commercial real estate and commercial and industrial loan portfolios in its financial results.
The company’s earnings releases describe growth in loans and deposits, net interest income, and net interest margin. These disclosures indicate that interest income from loans and other interest-earning assets, along with the management of funding costs on deposits and other liabilities, are central to its banking operations.
Wealth management and advisory services
Tompkins Community Bank provides a "full array of wealth management services" under the Tompkins Financial Advisors brand. According to the company’s descriptions, these services include investment management, trust and estate services, and financial and tax planning services. Wealth management fees are reported as a component of noninterest income in the company’s financial results, reflecting the contribution of these advisory and fiduciary activities to overall revenue.
Historical insurance operations and recent divestiture
Tompkins Financial historically operated an insurance segment through Tompkins Insurance Agencies, Inc. (TIA), which is described as a retail insurance agency and independent insurance broker. TIA offered property and casualty insurance products, employee benefits solutions, and other commercial and personal insurance products and services in Pennsylvania and New York. Polygon data and company descriptions also refer to insurance commissions and fees as part of noninterest income.
On October 31, 2025, Tompkins Financial entered into a stock purchase agreement to sell all of the issued and outstanding shares of TIA to an affiliate of Arthur J. Gallagher & Co., as disclosed in a Form 8-K filing. A subsequent press release states that the sale closed and that TIA’s leadership and employees joined Gallagher. The transaction is described as generating a pre-tax gain for Tompkins Financial. Following this disposition, Tompkins continues to describe itself as a banking and financial services company, with Gallagher serving TIA’s customers throughout the Tompkins footprint.
Business segments and revenue sources
Polygon data classifies Tompkins Financial as a financial holding company with three business segments: banking, insurance, and wealth management. It notes that the company generates the majority of its revenue from the banking segment. The same source indicates that the company’s offerings have included commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. Within insurance, activities have comprised property and casualty insurance services and employee benefit consulting, while wealth management activities encompass trust, financial planning, and wealth management services.
Recent earnings releases further detail fee-based services revenues, which include revenue from insurance, wealth management, service charges on deposit accounts, and card services. These disclosures show that, alongside interest income, Tompkins Financial earns noninterest income from these fee-based activities.
Regional focus and community banking profile
Company press releases describe Tompkins Community Bank as a community bank serving customers in New York and Pennsylvania. The bank is characterized as providing personal and business banking, lending, and financial planning services, with an emphasis on local communities. A separate description of Tompkins Community Bank notes that it was founded over 185 years ago and highlights local decision-making, personalized service, and partnerships with local organizations and nonprofits.
Tompkins Financial’s earnings releases reference its commitment to supporting local communities and building quality customer relationships. The company’s liquidity and capital disclosures also emphasize maintaining capital ratios above well-capitalized regulatory minimums, and access to wholesale funding sources such as Federal Home Loan Bank advances and other funding arrangements.
Stock listing and regulatory reporting
Tompkins Financial Corporation’s common stock, with a par value of $0.10 per share, is listed on the NYSE American under the ticker symbol TMP, as disclosed in its Form 8-K filings. The company files periodic and current reports with the U.S. Securities and Exchange Commission, including Forms 10-K, 10-Q, and 8-K. These filings provide detailed information on its financial condition, results of operations, capital position, liquidity, and material corporate events such as the sale of TIA and stock repurchase programs.
Capital, dividends, and share repurchases
In multiple Form 8-K filings and press releases, Tompkins Financial reports that its capital ratios remain above regulatory thresholds for well-capitalized institutions. The company’s Board of Directors has declared regular quarterly cash dividends on its common stock, with specific per-share amounts and payment dates disclosed in its news releases and 8-K filings.
The company has also disclosed a stock repurchase program, authorized by its Board of Directors, allowing the repurchase of a specified number of shares of common stock over a defined period. The program is described as part of the company’s overall capital management strategy, with actual repurchases subject to factors such as market price, economic conditions, and other strategic uses of capital.
Executive compensation and governance-related arrangements
Tompkins Financial’s Form 8-K filings include information on executive compensation arrangements, such as supplemental executive retirement plans (SERPs) for senior executives. For example, the company has disclosed defined contribution supplemental executive retirement plans for certain executives, with details on contribution formulas, vesting conditions, and interest crediting based on a rate tied to Prime plus a specified margin. Amendments to existing supplemental executive retirement agreements are also described, including changes to how earnings are calculated for benefit purposes.
These governance-related disclosures provide insight into how Tompkins Financial structures long-term incentive and retirement benefits for its leadership, and how those arrangements may be affected by corporate transactions such as the sale of TIA.
Risk disclosures and forward-looking statements
Tompkins Financial’s press releases consistently include a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995. These sections explain that certain statements are forward-looking and subject to risks and uncertainties related to economic conditions, regulatory changes, interest rates, liquidity, technology, cybersecurity, and other factors. The company refers readers to the Risk Factors sections in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q for more detailed discussions of these risks.
How investors use information about Tompkins Financial
Investors and analysts following TMP stock can use the company’s earnings releases, dividend announcements, and SEC filings to understand its banking activities, wealth management services, fee-based revenue streams, and capital management decisions. The company’s disclosures on loan and deposit growth, net interest margin, noninterest income components, asset quality metrics, and capital ratios provide a view into its performance as a regional commercial banking and financial services institution.
Frequently Asked Questions (FAQ)
- What does Tompkins Financial Corporation do?
Tompkins Financial Corporation is a banking and financial services company. It serves the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania, primarily through Tompkins Community Bank and wealth management services offered under the Tompkins Financial Advisors brand. - Where is Tompkins Financial Corporation headquartered?
Company press releases state that Tompkins Financial Corporation is headquartered in Ithaca, New York. - On which exchange does TMP stock trade?
According to the company’s Form 8-K filings, Tompkins Financial Corporation’s common stock trades on the NYSE American under the ticker symbol TMP. - What regions does Tompkins Community Bank serve?
Tompkins Community Bank serves customers in the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania, as described in the company’s press releases. - What wealth management services does Tompkins offer?
Under the Tompkins Financial Advisors brand, the company describes its services as including investment management, trust and estate services, and financial and tax planning services. - Did Tompkins Financial have an insurance business?
Yes. Tompkins Insurance Agencies, Inc. operated as a retail insurance agency and independent insurance broker offering property and casualty products, employee benefits solutions, and other commercial and personal insurance products and services in Pennsylvania and New York, as described in company disclosures and Polygon data. - What happened to Tompkins Insurance Agencies, Inc.?
A Form 8-K dated November 3, 2025, states that Tompkins Financial Corporation sold all of the issued and outstanding shares of Tompkins Insurance Agencies, Inc. to an affiliate of Arthur J. Gallagher & Co. pursuant to a stock purchase agreement. - How does Tompkins Financial generate fee-based revenue?
Earnings releases indicate that fee-based services revenues include income from insurance commissions and fees, wealth management fees, service charges on deposit accounts, and card services income. - Does Tompkins Financial pay dividends on its common stock?
Yes. Multiple press releases and Form 8-K filings report that the company’s Board of Directors has declared regular quarterly cash dividends on its common stock, specifying per-share amounts and payment dates. - Where can investors find detailed financial information on Tompkins Financial?
Tompkins Financial files Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and current reports on Form 8-K with the U.S. Securities and Exchange Commission. These filings contain detailed information on financial results, capital, liquidity, and risk factors.