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Globe and Mail
25-07-2025
- Business
- Globe and Mail
Tompkins Financial Corporation Reports Cash Dividend
Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on August 15, 2025, to common shareholders of record on August 8, 2025. Tompkins Financial Corporation is a banking and financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, NY, Tompkins Financial is parent to Tompkins Community Bank and Tompkins Insurance Agencies, Inc. Tompkins Community Bank provides a full array of wealth management services under the Tompkins Financial Advisors brand, including investment management, trust and estate, financial and tax planning services. For more information on Tompkins Financial, visit
Yahoo
04-06-2025
- Business
- Yahoo
Why Tompkins Financial (TMP) is a Great Dividend Stock Right Now
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Tompkins Financial (TMP) is headquartered in Ithaca, and is in the Finance sector. The stock has seen a price change of -9.2% since the start of the year. The financial services company is currently shelling out a dividend of $0.62 per share, with a dividend yield of 4.03%. This compares to the Banks - Northeast industry's yield of 2.86% and the S&P 500's yield of 1.54%. In terms of dividend growth, the company's current annualized dividend of $2.48 is up 1.6% from last year. Tompkins Financial has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 3.89%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Tompkins's payout ratio is 48%, which means it paid out 48% of its trailing 12-month EPS as dividend. Looking at this fiscal year, TMP expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $5.58 per share, which represents a year-over-year growth rate of 12.27%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that TMP is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tompkins Financial Corporation (TMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Why Tompkins Financial (TMP) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Tompkins Financial (TMP) is headquartered in Ithaca, and is in the Finance sector. The stock has seen a price change of -4.81% since the start of the year. Currently paying a dividend of $0.62 per share, the company has a dividend yield of 3.84%. In comparison, the Banks - Northeast industry's yield is 2.81%, while the S&P 500's yield is 1.52%. In terms of dividend growth, the company's current annualized dividend of $2.48 is up 1.6% from last year. In the past five-year period, Tompkins Financial has increased its dividend 4 times on a year-over-year basis for an average annual increase of 3.89%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Tompkins's current payout ratio is 48%. This means it paid out 48% of its trailing 12-month EPS as dividend. Earnings growth looks solid for TMP for this fiscal year. The Zacks Consensus Estimate for 2025 is $5.58 per share, representing a year-over-year earnings growth rate of 12.27%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. That said, they can take comfort from the fact that TMP is not only an attractive dividend play, but is also a compelling investment opportunity with a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tompkins Financial Corporation (TMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-01-2025
- Business
- Yahoo
Uncovering January 2025's Hidden Gems in the US Market
Over the last 7 days, the United States market has remained flat, yet it boasts a remarkable 23% increase over the past year with earnings forecast to grow by 15% annually. In this dynamic environment, identifying stocks that are poised for growth involves looking beyond the surface to uncover those hidden gems that align with these promising trends. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Eagle Financial Services 125.65% 12.07% 2.64% ★★★★★★ Morris State Bancshares 10.20% -0.28% 6.97% ★★★★★★ Wilson Bank Holding NA 7.87% 8.22% ★★★★★★ Omega Flex NA 0.39% 2.57% ★★★★★★ Franklin Financial Services 173.21% 5.55% -1.86% ★★★★★★ Teekay NA -3.71% 60.91% ★★★★★★ Parker Drilling 46.05% 0.86% 52.25% ★★★★★★ ASA Gold and Precious Metals NA 7.11% -35.88% ★★★★★☆ FRMO 0.08% 38.78% 45.85% ★★★★★☆ Pure Cycle 5.15% -2.61% -6.23% ★★★★★☆ Click here to see the full list of 269 stocks from our US Undiscovered Gems With Strong Fundamentals screener. Let's uncover some gems from our specialized screener. Simply Wall St Value Rating: ★★★★★☆ Overview: Tompkins Financial Corporation is a financial holding company that offers a range of services including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services, with a market cap of $965.24 million. Operations: Tompkins Financial generates revenue primarily from its banking segment, contributing $229.63 million, followed by insurance services at $39.07 million and wealth management at $19.81 million. The company's net profit margin is 27%, reflecting efficiency in managing its costs relative to income generated across these segments. Tompkins Financial, a financial entity with total assets of US$8 billion and equity of US$721.3 million, is trading at 53.3% below its estimated fair value. Its earnings surged by 373.6% last year, outpacing the industry average of -8%. The company holds US$6.6 billion in deposits and has loans totaling US$5.8 billion, with a net interest margin of 2.8%. Despite having an appropriate level of non-performing loans at 1.1%, it shows insufficient allowance for bad loans at 89%. With primarily low-risk funding from customer deposits, Tompkins demonstrates high-quality past earnings and positive free cash flow potential. Get an in-depth perspective on Tompkins Financial's performance by reading our health report here. Evaluate Tompkins Financial's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: SITE Centers is an owner and manager of open-air shopping centers located primarily in suburban, high household income communities, with a market cap of $813.72 million. Operations: SITE Centers generates revenue primarily from leasing retail spaces in its open-air shopping centers. The company focuses on optimizing rental income and managing property-related expenses to enhance profitability. SITE Centers, a nimble player in the retail real estate space, has seen its earnings skyrocket by 741% over the past year, largely due to a one-off gain of US$677 million. Despite this boost, their EBIT covers interest payments just 2.4 times, indicating potential financial strain. The firm's debt-to-equity ratio has impressively dropped from 91% to 11% over five years, showcasing effective debt management. However, significant insider selling recently raises some eyebrows about internal confidence. Trading at a P/E ratio of just 1x compared to the market's average of 19x suggests undervaluation despite looming challenges ahead. SITE Centers is focusing on high-growth assets through strategic transformation and asset reshaping. Click here to explore the detailed narrative on SITE Centers' evolving strategy. Simply Wall St Value Rating: ★★★★☆☆ Overview: Stewart Information Services Corporation operates through its subsidiaries to offer title insurance and real estate transaction services both in the United States and internationally, with a market capitalization of approximately $1.78 billion. Operations: Stewart Information Services generates revenue primarily from its Title segment, including mortgage services, which accounts for $2.05 billion, and Real Estate Solutions contributing $333.08 million. Stewart Information Services, a promising player in the title insurance sector, is making strides with a 70% earnings growth over the past year, outpacing its industry. Trading at 21.2% below estimated fair value and boasting high-quality earnings, it seems well-positioned for future gains. The debt to equity ratio has risen from 13.3% to 31.5% over five years but remains satisfactory with interest payments covered by EBIT at 6.1x. Recent leadership changes aim to strengthen underwriting capacity while strategic tech investments target operational efficiency and customer experience enhancements amidst evolving market conditions in housing and insurance sectors. Stewart Information Services is poised for growth by leveraging technology to enhance efficiency and customer experience. Click here to explore the full narrative on Stewart Information Services. Reveal the 269 hidden gems among our US Undiscovered Gems With Strong Fundamentals screener with a single click here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSEAM:TMP NYSE:SITC and NYSE:STC. Have feedback on this article? Concerned about the content? with us directly. 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