Tompkins Financial Corporation with ticker code (TMP) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 75 and 63 with a mean TP of 69. With the stocks previous close at 65.88 this indicates there is a potential upside of 4.7%. The day 50 moving average is 57.45 and the 200 moving average now moves to 62.41. The market cap for the company is $955m. Company Website: http://www.tompkinsfinancial.com
The potential market cap would be $1,000m based on the market concensus.
Tompkins Financial Corporation, a community-based financial services company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking accounts, savings accounts, time deposits, IRA products, brokered time deposits, and municipal money market accounts. The company also offers loans for various business purposes, including real estate financing, construction and equipment financing, accounts receivable financing, and commercial leasing; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agriculturally-related loans; and consumer loans, such as personal installment loans, direct and indirect automobile financing, and overdraft lines of credit. In addition, it provides letters of credit and sweep accounts; credit and debit cards; and deposit and cash management, Internet-based account, remote deposit, safe deposit, voice response, ATM, and mobile and Internet banking services. Further, the company offers investment management, trust and estate, and financial and tax planning services; property and casualty, life, disability, and long-term care insurance services; employee benefit consulting services; and insurance planning services. It primarily serves individuals, corporate executives, small business owners, and high net worth individuals. The company operates through a network of 64 banking offices, including 44 offices in New York and 20 offices in Pennsylvania. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.
