Why Tompkins Financial (TMP) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?
Tompkins Financial (TMP) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?
This is Why Tompkins Financial (TMP) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?
Tompkins Financial (TMP) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?
Tompkins Financial (TMP) Surpasses Q1 Earnings and Revenue Estimates
Tompkins Financial (TMP) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.37 per share a year ago.
Why Tompkins Financial (TMP) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?
Tompkins Financial Corporation: An Upgrade Heading Into Earnings Is Unwarranted
Tompkins Financial Corporation remains a "Hold" as shares are fairly valued despite recent operational improvements. TMP's asset quality and profitability are solid but not exceptional versus peers, with some elevated uninsured deposit exposure. Recent growth in deposits and loans is primarily organic, while management has prudently reduced debt and increased cash.
Tompkins Financial: Interest Margin Normalization Continues To Drive Growth
Like many community and regional banks, shares of New York's Tompkins Financial Corporation have been a quiet performer recently, falling slightly since my last update in August. Tompkins' net interest margin continues to expand, driven by balance sheet repricing dynamics. Given the inherent operating leverage that comes with NIM expansion, this is fueling strong earnings growth. Meanwhile, Tompkins continues to trade at a clear discount to its historical price-to-tangible-book-value ratio. A trailing-12-month price-to-earnings ratio of 11.4x also looks cheap.
Tompkins Financial Corporation: Balance Sheet Repricing Remains An Ongoing Tailwind
Like the market, shares of Tompkins Financial Corporation have rallied nicely in recent months, returning over 20% since my opening piece in April. Tompkins continues to enjoy net interest margin expansion, which is fueling decent earnings growth. Driven by ongoing asset repricing, this should continue. Tompkins still appears to trade at a discount based on its past-average dividend yield and book value multiple. Despite rallying, the stock's medium-term return potential also remains attractive.
Tompkins Financial Corporation: Dividend Attractiveness Is Not Enough
TMP's attractive dividend comes at the cost of earnings quality, with payout ratios nearing unsustainable levels amid weakening financials. Profitability is deteriorating due to weak deposit growth, high reliance on long-term debt, and below-industry net interest margins. Asset quality remains strong, but rising nonperforming loans and a heavy real estate loan concentration raise concerns for future quarters.
Tompkins Financial (TMP) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins (TMP) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Tompkins Financial (TMP) have what it takes?
