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Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Tompkins Financial Corporation
Type
Public
Traded as AMEX: TMP
S&P 600 Component
Industry Financial services
Founded Ithaca, New York (1836)
Headquarters Ithaca, New York, United States
Area served
New York, Pennsylvania
Key people
  • Thomas R. Rochon (Chairman)
  • Stephen S. Romaine (CEO)
Products Retail banking, corporate banking, insurance, asset management
Net income
$59.3 million (2016)
AUM $3.9 billion (2016)
Total assets $6.2 billion (2016)
Total equity $549 million (2016)
Number of employees
1,019 (2016)
Subsidiaries
  • Tompkins Trust Company Tompkins Mahopac Bank
  • Tompkins Bank of Castile
  • Tompkins VIST Bank
  • Tompkins Insurance Agencies
  • Tompkins Financial Advisors
Website www.tompkinsfinancial.com

Tompkins Financial Corporation is a small, diversified financial services company based in Ithaca, New York. It is the parent of the Tompkins Trust Company, as well as several other banks, an insurance agency, and a wealth management division.

The bank traces its history to 1836, when the Tompkins County Bank was chartered by a special act of the New York State Assembly. After the National Bank Act of 1864, it was reorganized into the Tompkins County National Bank. In 1891, the Ithaca Trust Company was formed; in 1935, the two banks merged into the Tompkins County Trust Company. For many years the bank was associated with the locally-prominent Treman family; the last family member to be President, Charles E. Treman, Jr., served from 1960 to 1978. From 1978 to 1989, the bank was led by Raymond Van Houtte, a late opponent of the Glass–Steagall Act.

Under the leadership of James J. Byrnes, CEO from 1989 to 2003, the Trust Company began to expand. In 1995 the bank created a holding company for itself, Tompkins Trustco, which was renamed in 2007 to Tompkins Financial. In 1996, the bank opened its first branch outside of Tompkins County, with the purchase of a small branch office in Odessa, New York. In 2000, it acquired the Bank of Castile in Western New York and Mahopac National Bank in the Hudson Valley. While most of the banks Tompkins Financial has acquired have kept their separate identities, in 2008 it paid $30.2 million for Sleepy Hollow Bank and merged its assets into Mahopac National Bank. In 2012, Tompkins Financial acquired VIST Bank in suburban Philadelphia, paying $109.1 million.

The company's expansion has not been limited to banks: in the mid-2000s, Tompkins Financial acquired a number of independent insurance agencies, merging them into the newly created Tompkins Insurance Agencies, and in 2006 acquired financial planning firm AM&M Financial Services (renamed in 2011 to Tompkins Financial Advisors).

After the 2008 financial crisis, Tompkins Financial was lauded for not issuing subprime mortgages or investing in securities backed by them. Tompkins Financial also declined to participate in the federal government's bank bailout in 2008. The company has also raised its dividend to shareholders every year since 1987.

On August 1, 2013, Tompkins Financial announced that Byrnes, who had served as board chairman since the company's creation, would step down in 2014. He was succeeded by Ithaca College President Tom Rochon.

In March 2014, Tompkins Financial announced that it was rebranding itself by adopting a new logo, and renaming its subsidiary banks to start with "Tompkins." Previously, all its acquired banks had retained their original names, keeping with Tompkins's promise of local control.

In April 2015, Tompkins Financial announced plans to build a new headquarters in downtown Ithaca, adjacent to its current headquarters on the Ithaca Commons. Currently nearly 300 corporate and back-office employees are spread throughout the Ithaca area; the seven-story, 110,000sqft building would bring them all under one roof. Construction began in June 2016, and the building is expected to be finished in 2018, at a total cost of $26.8 million.


Tompkins County Bank
(est. 1836)

Ithaca Trust Company
(est. 1891)

First National Bank of Trumansburg

Bank of Castile
(acq. 2000)

Mahopac National Bank
(acq. 2000)

AM&M Financial Services
(acq. 2006)

Sleepy Hollow Bank
(acq. 2008)

VIST Bank
(acq. 2012)

Coordinates: 42°26′26″N 76°29′53″W / 42.440644°N 76.498005°W / 42.440644; -76.498005 (Tompkins Financial corporate headquarters)

Investment goal date:
Dividends reinvested
Tompkins Financial Corporation TMP report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-04-24
--
--
Q4 2017
2018-01-25
--
--
Q3 2017
2017-10-27
1.1400
1.1400
Q2 2017
2017-07-21
1.1100
1.1100
Q1 2017
2017-04-28
1.0300
1.0300
Q4 2016
2017-01-27
0.9900
0.9900
Q3 2016
2016-10-28
0.9700
1.0100
Q2 2016
2016-07-22
0.9600
0.9800
Q1 2016
2016-04-22
0.9400
0.9400
Q4 2015
2016-01-29
0.9200
0.9200
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Bank of New York Mellon Corp
199660
BlackRock Fund Advisors
1020248
BlackRock Inc.
1600016
BlackRock Institutional Trust Company, N.A.
378208
BlackRock Investment Management, LLC
75873
BTIM Corp.
134887
DIMENSIONAL FUND ADVISORS LP
514396
FMR LLC
830353
GEODE CAPITAL MANAGEMENT, LLC
103406
Invesco Ltd.
111219
NORTHERN TRUST CORP
178457
PRINCIPAL FINANCIAL GROUP INC
99355
STATE STREET CORP
332174
TOMPKINS FINANCIAL CORP
533004
Vanguard Group, Inc
1399990
Major Shareholders
Name Relationship
Total Shares
Holding stocks
BYRNES JAMES J
0.3000% (45236)
TMP /
ALEXANDER JOHN E
0.2700% (40489)
TMP /
FULMER JAMES W
0.2600% (38155)
TMP /
FETSKO FRANCIS M
0.0900% (12939)
TMP /
FETSKO FRANCIS M
0.1000% (14175)
TMP /
HARDIE JAMES R
0.4000% (59000)
TMP /
BOYCE DAVID S
0.1400% (20822)
TMP /
BOYCE DAVID S
0.1500% (22039)
TMP /
ROMAINE STEPHEN S
0.2100% (31544)
TMP /
ROMAINE STEPHEN S
0.2700% (40469)
TMP /
MILEWSKI FRANK C
0.1200% (17687)
TMP /
HARTZ GREGORY J
0.1200% (18108)
TMP /
HARTZ GREGORY J
0.1300% (19933)
TMP /
KLEIN GERALD J JR
0.1400% (20607)
TMP /
KLEIN GERALD J JR
0.1500% (21728)
TMP /
Fessenden Daniel J.
0.0100% (1166)
TMP /
GRUBER SCOTT L
0.0500% (7651)
TMP /
GRUBER SCOTT L
0.0600% (8897)
TMP /
PARKER SANDRA A.
0.0200% (2598)
TMP /
VALENTI SUSAN M.
0.0600% (9344)
TMP /
VALENTI SUSAN M.
0.0700% (10687)
TMP /
HYLAND ROSEMARY G.
0.0300% (4313)
TMP /
Angelis Stephen M
0.0100% (1500)
TMP /
McKenna John M
0.0500% (7774)
TMP /
McKenna John M
0.0600% (9010)
TMP /
Lindberg Bonita N
0.0200% (2577)
TMP /
Fontaine Alyssa H
0.0200% (2547)
TMP /
% ()