Tompkins Financial (TMP) Projected to Post Earnings on Friday

Tompkins Financial (NYSEAMERICAN:TMP) is expected to be posting its quarterly earnings results before the market opens on Friday, January 24th. Analysts expect Tompkins Financial to post earnings of $1.10 per share and revenue of $74,100.00 billion for the quarter.

Tompkins Financial (NYSEAMERICAN:TMP) last posted its quarterly earnings data on Friday, October 25th. The financial services provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.21 by $0.09. Tompkins Financial had a return on equity of 9.68% and a net margin of 15.59%. The business had revenue of $112.51 million for the quarter. During the same quarter in the previous year, the company posted ($2.35) EPS. On average, analysts expect Tompkins Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Tompkins Financial Price Performance

NYSEAMERICAN:TMP opened at $65.84 on Thursday. The firm has a market capitalization of $947.44 million, a price-to-earnings ratio of 14.22 and a beta of 0.74. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.92 and a quick ratio of 0.92. Tompkins Financial has a 1 year low of $43.09 and a 1 year high of $79.01.

Tompkins Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 8th were issued a $0.62 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.48 annualized dividend and a yield of 3.77%. This is a positive change from Tompkins Financial’s previous quarterly dividend of $0.61. Tompkins Financial’s dividend payout ratio (DPR) is 53.56%.

Analyst Ratings Changes

TMP has been the subject of a number of research reports. Piper Sandler began coverage on shares of Tompkins Financial in a research report on Friday, December 20th. They set a “neutral” rating and a $70.00 target price for the company. Keefe, Bruyette & Woods raised shares of Tompkins Financial from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $59.00 to $68.00 in a report on Wednesday, October 2nd.

About Tompkins Financial

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 through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.