Tompkins Financial (TMP) Expected to Announce Earnings on Friday

Tompkins Financial (NYSEAMERICAN:TMP) is expected to post its quarterly earnings results before the market opens on Friday, July 25th. Analysts expect Tompkins Financial to post earnings of $1.27 per share and revenue of $80.02 million for the quarter.

Tompkins Financial Trading Up 1.0%

NYSEAMERICAN:TMP opened at $65.67 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 0.92. The company’s 50-day simple moving average is $63.12. Tompkins Financial has a twelve month low of $53.41 and a twelve month high of $79.01. The stock has a market cap of $947.62 million, a P/E ratio of 12.78 and a beta of 0.90.

Tompkins Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.48 annualized dividend and a yield of 3.78%. Tompkins Financial’s dividend payout ratio (DPR) is currently 50.10%.

Hedge Funds Weigh In On Tompkins Financial

Several hedge funds have recently added to or reduced their stakes in TMP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Tompkins Financial by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,556 shares of the financial services provider’s stock valued at $476,000 after acquiring an additional 311 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Tompkins Financial by 37.2% during the first quarter. Royal Bank of Canada now owns 14,025 shares of the financial services provider’s stock worth $883,000 after buying an additional 3,801 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Tompkins Financial by 290.9% during the first quarter. Jane Street Group LLC now owns 24,706 shares of the financial services provider’s stock worth $1,556,000 after buying an additional 18,385 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Tompkins Financial by 207.4% during the first quarter. AQR Capital Management LLC now owns 35,941 shares of the financial services provider’s stock worth $2,264,000 after buying an additional 24,249 shares in the last quarter. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

About Tompkins Financial

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.