Tompkins Financial crushed Q2 with a 12% EPS beat and record core earnings as a newly pure-play community bank, while bumping its dividend 13% higher on strengthening fundamentals. Net interest margin expanded 50 basis points year-over-year to 3.58% and loan growth accelerated 6.9%, powering net income up 36.5%.
Tompkins Financial :
TMP
TMP
Stock Data
$92.65
$0.44 (0.47%)
Asset Type
Common Stock
Exchange
AMEX
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Tompkins Financial Corp is a multifaceted financial services provider rooted in Ithaca, New York since 1836. It offers a broad spectrum of services including commercial and consumer banking, leasing, wealth management, and insurance. With a focus on serving individuals, small businesses, and high net worth clients, Tompkins operates across New York and Pennsylvania. Its banking services encompass a wide range of deposit products, loans for various purposes, and innovative banking technologies like internet and mobile banking, highlighting its commitment to meeting diverse financial needs.
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