Tompkins Financial ROA 2024

Tompkins Financial Aktienanalyse

What does Tompkins Financial do?

The Tompkins Financial Corporation is an American company that has been active in the financial industry for over 180 years. It was founded in 1836 and is headquartered in Ithaca, New York. The company is a holding company that owns and controls various subsidiaries, including banks, investment companies, and insurance companies. The business model of the Tompkins Financial Corporation is mainly based on banking services. The company is able to offer a wide range of financial products and services, including deposits, loans, credit cards, mortgages, and investment services. In addition, the Tompkins Financial Corporation also offers insurance and asset management services. The company operates in several segments, including retail banking, commercial banking, and wealth management. In retail banking, the company offers various deposit and credit products for individual customers. In commercial banking, Tompkins offers financing solutions for businesses, including leasing, loans, and lines of credit. The wealth management division of the Tompkins Financial Corporation offers risk management and asset management services tailored to the needs of affluent individuals and foundations. Tompkins Financial Corporation offers a wide range of financial products, including retail banking accounts, business loans, asset management services, and investment products. Retail banking products include various accounts and services such as personal savings accounts, checking accounts, credit cards, and mortgages. Commercial financing products include various types of loans, including lines of credit, working capital loans, and investment loans, as well as leasing for equipment and vehicles. The wealth management team offers various types of asset management services aimed at aligning clients' investment strategies with their needs and goals. Over the years, the Tompkins Financial Corporation has completed several acquisitions of other companies in the financial industry. In 2015, the company acquired VIST Bank, a regional bank company in Pennsylvania. In 2019, Tompkins Trustco, a subsidiary of Tompkins Financial Corporation, acquired GHH Insurance Group, an insurance company, to expand its offering of insurance services. Overall, the Tompkins Financial Corporation has experienced steady growth in recent years and is now an established financial institution in the United States. Tompkins Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Tompkins Financial's Return on Assets (ROA)

Tompkins Financial's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Tompkins Financial's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Tompkins Financial's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Tompkins Financial’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Tompkins Financial Stock

What is the Return on Assets (ROA) of Tompkins Financial this year?

The Return on Assets (ROA) of Tompkins Financial is 0 undefined this year.

What was the ROA of Tompkins Financial compared to the previous year?

The ROA of Tompkins Financial has increased by -89.05% compared to the previous year.

What consequences do high ROA have for investors of Tompkins Financial?

A high ROA is advantageous for investors of Tompkins Financial, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Tompkins Financial?

A low ROA can be unfavorable for investors of Tompkins Financial as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Tompkins Financial affect the company?

An increase in ROA of Tompkins Financial can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Tompkins Financial impact the company?

A reduction in the ROA of Tompkins Financial can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Tompkins Financial?

Some factors that can influence the ROA of Tompkins Financial include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Tompkins Financial important for investors?

The ROA of Tompkins Financial is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Tompkins Financial take to improve ROA?

To improve ROA, Tompkins Financial can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Tompkins Financial pay?

Over the past 12 months, Tompkins Financial paid a dividend of 2.4 USD . This corresponds to a dividend yield of about 5.33 %. For the coming 12 months, Tompkins Financial is expected to pay a dividend of 2.6 USD.

What is the dividend yield of Tompkins Financial?

The current dividend yield of Tompkins Financial is 5.33 %.

When does Tompkins Financial pay dividends?

Tompkins Financial pays a quarterly dividend. This is distributed in the months of August, December, March, June.

How secure is the dividend of Tompkins Financial?

Tompkins Financial paid dividends every year for the past 38 years.

What is the dividend of Tompkins Financial?

For the upcoming 12 months, dividends amounting to 2.6 USD are expected. This corresponds to a dividend yield of 5.78 %.

In which sector is Tompkins Financial located?

Tompkins Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Tompkins Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tompkins Financial from 5/17/2024 amounting to 0.61 USD, you needed to have the stock in your portfolio before the ex-date on 5/9/2024.

When did Tompkins Financial pay the last dividend?

The last dividend was paid out on 5/17/2024.

What was the dividend of Tompkins Financial in the year 2023?

In the year 2023, Tompkins Financial distributed 2.31 USD as dividends.

In which currency does Tompkins Financial pay out the dividend?

The dividends of Tompkins Financial are distributed in USD.