At a glance
Tompkins Financial Corporation is worth $1.45B, about 9 times its fiscal 2025 earnings. Revenue grew 49.3% to $446.6M in fiscal 2025, with 36.1% kept as profit; over 5 years it has grown 8.3% a year. It pays a 2.66% dividend yield, raised every year for at least 9 years, and returned $221.2M to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +59.2% over the past year with dividends reinvested and +8.2% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 29.0% in the 2020 crash (S&P 500: 33.7%) and 19.0% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 12 months and 5 months after the lows.
The business in plain English
Tompkins Financial, based in Ithaca, New York, owns one bank: Tompkins Community Bank, which dates to 1836 and runs 54 offices, 38 in New York and 16 in Pennsylvania. Its markets are Central New York, home to Cornell University and Ithaca College; Western New York's Genesee Valley; Putnam, Dutchess and Westchester counties in the Hudson Valley; and eastern Pennsylvania, mostly Berks County. At December 31, 2025, the bank held $7.1 billion in deposits and $6.4 billion in loans.
The bank gathers local deposits and lends them out as commercial, agricultural, consumer and real estate loans and leases. Interest on loans and securities is its main revenue. Interest earned minus interest paid to depositors and lenders, called net interest income, was about $250 million in fiscal 2025. Commercial and commercial real estate loans were 73.9% of all loans at year-end.
Tompkins reports two segments: banking and wealth management. The wealth arm, Tompkins Financial Advisors, offers investment management, trust and estate services, and financial and tax planning. Its insurance agency, Tompkins Insurance Agencies, was a third segment until its sale to Arthur J. Gallagher Risk Management Services on October 31, 2025. Noninterest income, meaning fees and other income besides interest, was about $197 million in fiscal 2025, including the agency until its sale.
Price history
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TMP +59.2% over the year to Oct 28, 2026, total return with dividends reinvested.
Latest results
- In Q3 FY2026 (ended Sep 30, 2026), revenue was $89.9M, up 2.8% from a year earlier, and net income was $28.7M (+21.0%).
- For fiscal 2025, revenue was $446.6M (+49.3% year over year; +8.3% a year from FY2020 to FY2025) with a 36.1% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | +8.3% good |
|---|---|
| Return on equity | 17.2% good |
| Net income / revenue | 36.1% good |
| Deposits | $7.41B |
| Loans | $6.66B |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $299.2M | $77.6M | — |
| FY2021 | $302.6M | $89.3M | — |
| FY2022 | $308.3M | $85.0M | — |
| FY2023 | $219.8M | $9.5M | — |
| FY2024 | $299.2M | $70.8M | — |
| FY2025 | $446.6M | $161.1M | — |
Valuation snapshot
| Market value | $1.45B |
|---|---|
| P/E ratio | 9 |
| Dividend yield | 2.66% |
Rank among 1514 US companies
Market value at each year end
Tompkins Financial’s market value went from $1.42B at the end of 2016 to $1.45B on Oct 28, 2026, up 2%; since the end of 2025 it is up 39%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $1.45B | +38.6% |
| 2025 | $1.05B | +7.2% |
| 2024 | $976.3M | +13.0% |
| 2023 | $864.3M | -23.1% |
| 2022 | $1.12B | -8.3% |
| 2021 | $1.23B | +16.2% |
| 2020 | $1.05B | -22.9% |
| 2019 | $1.37B | +19.3% |
| 2018 | $1.15B | -7.3% |
| 2017 | $1.24B | -13.1% |
| 2016 | $1.42B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| TMP price data to Oct 28, 2026 | +42.6% | +59.2% | +32.1% | +8.2% | +5.7% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +42.6% |
| 2025 | +11.1% |
| 2024 | +17.8% |
| 2023 | -19.2% |
| 2022 | -4.4% |
| 2021 | +21.7% |
| 2020 | -20.4% |
| 2019 | +25.0% |
| 2018 | -5.5% |
| 2017 | -12.1% |
| 2016 | +73.0% |
| 2015 | +4.8% |
| 2014 | +11.3% |
| 2013 | +34.2% |
| 2012 | +6.8% |
| 2011 | +1.8% |
| 2010 | +10.1% |
| 2009 | -27.9% |
| 2008 | +53.7% |
| 2007 | -11.8% |
| 2006 | +13.6% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 12.8% over that stretch · deepest drop along the way 44.8%, back to its old high 52 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 26.3% over that stretch · deepest drop along the way 29%, back to its old high 11.8 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 9.1% over that stretch · deepest drop along the way 19%, back to its old high 5 months after the low |
Insider activity
Form 4 filings from 2025-10-31 to 2026-10-31 (25 read): 1 open-market purchases ($100K) and 0 sales ($0.00).
| Date | Insider | Type | Value |
|---|---|---|---|
| May 26, 2026 | Ita M Rahilly Director | buy | $100K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 13.2% | Mar 31, 2025 |
| STATE STREET CORPORATION | 8.4% | Sep 30, 2025 |
| Vanguard Portfolio Management | 5.26% | Mar 31, 2026 |
ETFs with the most weight in TMP
| SVAL iShares US Small Cap Value Factor ETF | 0.51% |
| SMLV SPDR SSGA US Small Cap Low Volatility Index ETF | 0.27% |
| PSCF Invesco S&P SmallCap Financials ETF | 0.23% |
| KRE SPDR S&P Regional Banking ETF | 0.12% |
| FLQS Franklin U.S. Small Cap Multifactor Index ETF | 0.12% |
| AVSC Avantis U.S Small Cap Equity ETF | 0.11% |
| DES WisdomTree U.S. SmallCap Dividend Fund | 0.08% |
| IJS iShares S&P Small-Cap 600 Value ETF | 0.08% |
What could go wrong
- Heavy reliance on commercial and property loans. Commercial and commercial real estate loans were $4.8 billion, 73.9% of all loans, at December 31, 2025. Falling property values or weaker business borrowers could raise loan losses, and rising competition may limit new lending.
- Farm loans exposed to weather and tariffs. Agricultural loans were $348.8 million, or 5.4% of all loans, at December 31, 2025. Drought, floods, livestock disease, falling farm prices or trade tariffs can hurt farmers' ability to repay.
- Business concentrated in its home regions. All 54 offices are in parts of New York and Pennsylvania. A slowdown in those local economies could hurt loan demand, borrowers' ability to repay and collateral values, with no other regions to offset it.
- Stricter rules as assets near $10 billion. Consolidated assets were about $8.8 billion as of June 30, 2026. The company expects heavier regulatory requirements and compliance costs as it approaches $10 billion, which could weigh on profits.
- Deposits could leave or grow costlier. The bank funds most lending with local deposits. Banking-industry turmoil, or competition from other banks, credit unions and financial technology firms, could drain deposits or force reliance on costlier borrowings.
- Acquisitions could disappoint. Tompkins looks to buy banks, branches and financial businesses. Deals can bring integration problems, lost customers or weaker loans than expected, and overpaying could lead to write-downs that hurt earnings.
Recent events
- Quarterly results released; Other company announcement
- Investor presentation or announcement
- Quarterly results released; Other company announcement
- Shareholder vote results
- Investor presentation or announcement
- Executive or board change
- Quarterly results released; Other company announcement
- Investor presentation or announcement
- Quarterly results released; Other company announcement
- Executive or board change
For income and retirement investors
Tompkins has raised its dividend for at least 9 straight fiscal years through 2025, and the streak may be longer. Dividends per share rose from $2.10 in fiscal 2020 to $3.13 in fiscal 2025, about 8.3% a year, and the yield was 2.66% as of October 28, 2026. Dividends took 22.4% of fiscal 2025 net income, but profit more than doubled that year, so that ratio may look low; in fiscal 2023 the $2.40 dividend exceeded earnings of $0.66 per share. Buybacks totaled $49.6 million over fiscal 2021–2025, mostly before 2024.
In the 2008 financial crisis, the shares lost 12.8% during the market's October 2007 to March 2009 slide, but fell 44.8% from a December 30, 2008, peak to March 6, 2009, taking 52 months to recover. They fell 29% in the 2020 COVID crash, recovering in about 12 months, and 19% in the 2022 bear market, recovering in 5. Single stocks carry more risk than diversified funds.
Questions investors ask
How does Tompkins Financial make money?
Mostly by lending. Tompkins Community Bank takes deposits in New York and Pennsylvania and lends them out, mainly to businesses and commercial property owners. The difference between interest earned and interest paid, called net interest income, was about $250 million in fiscal 2025. Noninterest income, such as wealth management fees from Tompkins Financial Advisors, added about $197 million, a figure that includes the insurance agency the company sold on October 31, 2025.
Does Tompkins Financial raise its dividend every year?
It has for at least 9 consecutive fiscal years through 2025, and the true streak may be longer. Dividends per share reached $3.13 in fiscal 2025, up from $2.44 in 2024 and $2.10 in 2020. The yield was 2.66% as of October 28, 2026. Past increases are not a promise: the holding company relies on cash dividends from its bank to fund its operations, and those payments could stop at any time.
Does Tompkins Financial still sell insurance?
Only through its wealth management arm. On October 31, 2025, Tompkins sold Tompkins Insurance Agencies, which it had run since 2001, to Arthur J. Gallagher Risk Management Services. The agency offered property and casualty insurance and employee benefits consulting; its results are included only through the sale date. Tompkins Financial Advisors still offers life, disability and long-term care insurance services alongside investment management, trust and estate services, and financial planning.
What is Tompkins Financial's P/E ratio?
About 9 as of October 28, 2026, based on fiscal 2025 diluted earnings of $11.24 per share and a market value of about $1.45 billion. The P/E, or price-to-earnings ratio, compares the share price with a year's earnings per share. Fiscal 2025 earnings more than doubled from $4.97 per share in 2024 and include the insurance agency up to its sale, so they may not reflect a typical year.
How has Tompkins Financial stock performed?
Very well over the latest year, less so over the long run. As of October 28, 2026, the share price was up 59.2% over one year and 42.6% year to date. Over five years it gained about 8.2% a year, and over ten years about 5.7% a year. Calendar years have swung widely, from a 73% gain in 2016 to losses of 20% in 2020 and 19% in 2023. Its deepest drop in about 21 years of price history was 47.8%.