Tompkins Financial Corporation (NYSEAMERICAN:TMP) Announces Quarterly Dividend of $0.67

Key Points

• Dividend: Tompkins declared a quarterly dividend of $0.67 per share, payable May 15 to holders of record May 8, implying a 3.3% yield and a $2.48 annual payout with a current payout ratio of 38.6% (expected to fall to ~31.2% on analysts' next‑year EPS estimate).
• Quarterly results: The firm reported EPS of $1.82, beating the $1.71 consensus, but revenue missed at $71.86 million versus $83.64 million; analysts forecast roughly $7.25 EPS for the current year.
• Market reaction and valuation: Shares fell about 2.8% to $82.33 on the day; market cap is roughly $1.19 billion with a P/E of ~7.34 and a 52‑week range of $57.60–$86.95.

Tompkins Financial Corporation (NYSEAMERICAN:TMP - Get Free Report) announced a quarterly dividend on Friday, April 24th. Shareholders of record on Friday, May 8th will be paid a dividend of 0.67 per share by the financial services provider on Friday, May 15th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, May 8th.

Tompkins Financial has a payout ratio of 38.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Tompkins Financial to earn $7.95 per share next year, which means the company should continue to be able to cover its $2.48 annual dividend with an expected future payout ratio of 31.2%.

Tompkins Financial Trading Down 2.8%

Tompkins Financial stock traded down $2.39 during trading hours on Friday, reaching $82.33. 77,767 shares of the company's stock traded hands, compared to its average volume of 66,453. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 7.34 and a beta of 0.73. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.95 and a current ratio of 0.95. Tompkins Financial has a fifty-two week low of $57.60 and a fifty-two week high of $86.95. The firm's 50 day moving average is $79.54 and its 200-day moving average is $74.48.

Tompkins Financial (NYSEAMERICAN:TMP - Get Free Report) last issued its quarterly earnings results on Friday, April 24th. The financial services provider reported $1.82 EPS for the quarter, topping the consensus estimate of $1.71 by $0.11. The company had revenue of $71.86 million during the quarter, compared to analysts' expectations of $83.64 million. Tompkins Financial had a net margin of 27.82% and a return on equity of 11.19%. On average, analysts predict that Tompkins Financial will post 7.25 earnings per share for the current year.

About Tompkins Financial

Tompkins Financial NYSEAMERICAN: TMP is a bank holding company headquartered in Ithaca, New York, that provides a diversified range of financial services. Through its principal banking subsidiary, Tompkins Trust Company, the firm offers commercial and consumer banking products including checking and savings accounts, mortgage loans, and credit facilities. Beyond traditional banking, Tompkins Financial delivers asset management, trust and estate planning, retirement services and investment advisory solutions.

In addition to its core banking operations, Tompkins Financial operates Tompkins Insurance Agencies, which offers property and casualty, life and health insurance coverages to individuals and businesses.

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