Tompkins Financial Stock

Tompkins Financial ROE 2024

Tompkins Financial ROE

0.01

Ticker

TMP

ISIN

US8901101092

WKN

762575

In 2024, Tompkins Financial's return on equity (ROE) was 0.01, a -89.72% increase from the 0.14 ROE in the previous year.

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.

ROE Details

Decoding Tompkins Financial's Return on Equity (ROE)

Tompkins Financial's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Tompkins Financial's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Tompkins Financial's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Tompkins Financial’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Tompkins Financial stock

What is the ROE (Return on Equity) of Tompkins Financial this year?

The ROE of Tompkins Financial this year is 0.01 undefined.

How has the Return on Equity (ROE) of Tompkins Financial developed compared to the previous year?

The ROE of Tompkins Financial has increased by -89.72% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Tompkins Financial?

A high ROE indicates that Tompkins Financial generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Tompkins Financial?

A low ROE can indicate that Tompkins Financial is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Tompkins Financial affect the company?

A change in ROE (Return on Equity) of Tompkins Financial can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Tompkins Financial?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Tompkins Financial?

Some factors that can influence Tompkins Financial's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 4.18 %. 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 4.18 %.

When does Tompkins Financial pay dividends?

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

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 4.53 %.

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 8/16/2024 amounting to 0.61 USD, you needed to have the stock in your portfolio before the ex-date on 8/9/2024.

When did Tompkins Financial pay the last dividend?

The last dividend was paid out on 8/16/2024.

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.

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Andere Kennzahlen von Tompkins Financial

Our stock analysis for Tompkins Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tompkins Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.