Tompkins Financial (TMP) Could Be a Great Choice

Company Overview - Tompkins Financial (TMP) is headquartered in Ithaca and operates in the Finance sector [3] - The stock has experienced a price change of -4.91% since the beginning of the year [3] Dividend Information - Tompkins Financial currently pays a dividend of $0.62 per share, resulting in a dividend yield of 3.85% [3] - The average dividend yield for the Banks - Northeast industry is 2.76%, while the S&P 500's yield is 1.56% [3] - The company's annualized dividend of $2.48 has increased by 1.6% from the previous year [4] - Over the last 5 years, Tompkins Financial has increased its dividend 4 times year-over-year, averaging an annual increase of 4.01% [4] - The current payout ratio is 50%, indicating that the company pays out 50% of its trailing 12-month EPS as dividends [4] Earnings Growth - For the fiscal year, Tompkins Financial expects solid earnings growth, with the Zacks Consensus Estimate for 2025 at $5.46 per share, reflecting a year-over-year growth rate of 9.86% [5] Investment Appeal - Tompkins Financial is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]