Tompkins Financial (NYSEAMERICAN:TMP - Get Free Report) is expected to post its quarterly earnings results before the market opens on Friday, July 25th. Analysts expect Tompkins Financial to post earnings of $1.27 per share and revenue of $80.02 million for the quarter.
Tompkins Financial Price Performance
Shares of TMP traded down $0.36 during mid-day trading on Monday, reaching $65.13. 25,095 shares of the company's stock traded hands, compared to its average volume of 52,911. The stock has a market capitalization of $939.83 million, a PE ratio of 12.67 and a beta of 0.90. The firm's 50-day moving average is $63.26. Tompkins Financial has a 12 month low of $53.41 and a 12 month high of $79.01. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.92 and a current ratio of 0.92.
Tompkins Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were given a dividend of $0.62 per share. The ex-dividend date was Friday, May 9th. This represents a $2.48 annualized dividend and a yield of 3.81%. Tompkins Financial's dividend payout ratio (DPR) is presently 50.10%.
Hedge Funds Weigh In On Tompkins Financial
Several institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Tompkins Financial by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,556 shares of the financial services provider's stock valued at $476,000 after acquiring an additional 311 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Tompkins Financial by 37.2% during the first quarter. Royal Bank of Canada now owns 14,025 shares of the financial services provider's stock worth $883,000 after buying an additional 3,801 shares during the last quarter. Jane Street Group LLC boosted its holdings in Tompkins Financial by 290.9% in the 1st quarter. Jane Street Group LLC now owns 24,706 shares of the financial services provider's stock valued at $1,556,000 after purchasing an additional 18,385 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Tompkins Financial by 207.4% during the 1st quarter. AQR Capital Management LLC now owns 35,941 shares of the financial services provider's stock valued at $2,264,000 after acquiring an additional 24,249 shares during the period. Hedge funds and other institutional investors own 69.11% of the company's stock.
Tompkins Financial Company Profile
(
Get Free Report)
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.
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