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Tompkins Financial Corp.
Financial services / Financial services
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebTompkins Financial Corporation is a financial services company that provides banking, wealth management, and insurance services to individuals and businesses in the Northeastern United States. It was founded in 1836 and is headquartered in Ithaca, New York. The company operates under four main subsidiaries: Tompkins Trust Company, Tompkins VIST Bank, Tompkins Mahopac Bank, and Tompkins Financial Advisors.
Tompkins Trust Company is a full-service community bank offering personal and business banking services, including checking and savings accounts, loans, and mortgages.
Tompkins VIST Bank is a commercial bank that provides banking solutions for businesses, including loans, lines of credit, and cash management services.
Tompkins Mahopac Bank offers personalized banking, lending, and financial planning services to individuals and businesses in the Westchester and Putnam County areas of New York.
Tompkins Financial Advisors is a wealth management firm that provides investment management, financial planning, and retirement planning services to individuals and businesses.
In addition to these services, Tompkins Financial Corporation also offers insurance services through Tompkins Insurance Agencies, Inc.
The company has a strong commitment to its local communities and has a reputation for being a responsible corporate citizen, supporting numerous non-profit organizations and community initiatives.
Tompkins Financial Corporation is publicly traded on the New York Stock Exchange under the ticker symbol TMP. As of 2021, the company has over $9.7 billion in assets and employs over 1,300 people.
1. Long history: Tompkins Financial Corp. was founded in 1825, making it one of the oldest financial institutions in the United States. This long history speaks to the company's stability and success.
2. Expansive reach: The company has a widespread network of locations, with over 65 offices across New York and Pennsylvania. This allows them to serve a large customer base and reach new markets.
3. Strong community involvement: One of the company's core values is giving back to the communities they serve. They support various organizations and charities through volunteerism, donations, and partnerships.
4. Diversified services: Tompkins Financial Corp. offers a range of financial services, including banking, investment, and insurance, making it a one-stop-shop for customers.
5. Strong financial performance: The company has a solid financial track record, with consistent growth in earnings and assets. They have also maintained a strong balance sheet through various economic cycles.
6. Employee-centric culture: Tompkins Financial Corp. prioritizes employee satisfaction and retention. This is reflected in their competitive benefits package and recognition for their employees’ achievements.
7. Commitment to sustainability: The company is dedicated to reducing its environmental impact and has implemented various sustainability initiatives such as energy-efficient buildings and paperless banking options.
8. Strong ethical standards: Tompkins Financial Corp. has a strict code of ethics and values integrity, transparency, and honesty in all its business dealings.
9. Customer-focused approach: The company places a high emphasis on providing excellent customer service. They have a well-trained and knowledgeable staff who strive to meet their customers' needs and exceed their expectations.
10. Award-winning company: Tompkins Financial Corp. has received numerous awards and recognition for its financial performance, community involvement, and workplace culture, making it stand out in the industry.
The Tompkins Financial Corp. company's business model is based on providing financial services to individuals, businesses, and organizations. This includes traditional banking services such as deposit accounts, loans, and wealth management, as well as insurance, investment, and financial planning services. The company operates through its subsidiaries including Tompkins Trust Company, Tompkins Bank of Castile, Tompkins VIST Bank, Tompkins Insurance Agencies, Inc., and Tompkins Financial Advisors. Its business model emphasizes customer service, community involvement, and long-term relationships with its clients. It also focuses on responsible and sustainable growth and profitability for its shareholders.
1. Tompkins Financial Corp. was founded in 1836 and is one of the oldest financial institutions in the United States.
2. The company is headquartered in Ithaca, New York and operates in five states: New York, Pennsylvania, Vermont, Massachusetts, and New Hampshire.
3. Tompkins Financial Corp. is a consistently profitable company and has been paying dividends to its shareholders for over 100 years.
4. The company’s subsidiary banks are among the top-performing community banks in their respective states.
5. Tompkins Financial Corp. has a strong commitment to community banking and supports local businesses and community organizations through donations, sponsorships, and volunteerism.
6. The company’s CEO, Stephen S. Romaine, has been with Tompkins Financial Corp. for over 40 years and has played a leading role in its growth and success.
7. In addition to traditional banking services, Tompkins Financial Corp. also offers insurance, wealth management, and investment services through its subsidiaries.
8. Tompkins Financial Corp. is a publicly traded company and is listed on the New York Stock Exchange under the symbol TMP.
9. The company has received numerous awards and recognition for its financial performance and community involvement, including being named to Forbes’ list of America’s Best Banks for the past three years.
10. Despite its long history, Tompkins Financial Corp. continues to innovate and adapt to changing market conditions, recently expanding its digital banking capabilities to better serve its customers.