Tompkins Financial (TMP) Projected to Post Earnings on Friday

Tompkins Financial (NYSEAMERICAN:TMP - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Friday, January 24th. Analysts expect the company to announce earnings of $1.10 per share and revenue of $74,100.00 billion for the quarter.

Tompkins Financial (NYSEAMERICAN:TMP - Get Free Report) last posted its earnings results on Friday, October 25th. The financial services provider reported $1.30 EPS for the quarter, topping the consensus estimate of $1.21 by $0.09. The business had revenue of $112.51 million for the quarter. Tompkins Financial had a net margin of 15.59% and a return on equity of 9.68%. During the same quarter in the prior year, the business earned ($2.35) earnings per share. On average, analysts expect Tompkins Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Tompkins Financial Price Performance

Shares of TMP stock traded up $0.01 during trading hours on Friday, hitting $66.65. 39,335 shares of the company's stock traded hands, compared to its average volume of 45,839. The company has a market capitalization of $959.09 million, a P/E ratio of 14.40 and a beta of 0.74. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.92 and a current ratio of 0.92. Tompkins Financial has a 12 month low of $43.09 and a 12 month high of $79.01.

Tompkins Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 8th were paid a $0.62 dividend. This is a boost from Tompkins Financial's previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.48 annualized dividend and a dividend yield of 3.72%. Tompkins Financial's dividend payout ratio is presently 53.56%.

Wall Street Analysts Forecast Growth

TMP has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods raised Tompkins Financial from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $59.00 to $68.00 in a research note on Wednesday, October 2nd. Piper Sandler initiated coverage on Tompkins Financial in a research note on Friday, December 20th. They issued a "neutral" rating and a $70.00 price target on the stock.

Tompkins Financial Company Profile

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.