Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / tompkins financial high dividend yield and a positiv

TMP - Tompkins Financial: High Dividend Yield And A Positive Earnings Outlook

Tompkins Financial Corporation

2024-05-15 13:57:24 ET

Summary

  • Earnings for 1Q missed my expectations; hence, I’ve reduced my earnings estimate for 2024.
  • As TMP’s deposits reprice faster than loans, the falling interest-rate environment will most probably boost the net interest margin.
  • Strong regional job markets will likely sustain loan growth.
  • The December 2024 target price suggests a small upside of ~5.0%.
  • TMP is offering a very high dividend yield of 5.2%. Although the implied payout ratio is high, the chances of a dividend cut are very low.

...

For further details see:

Tompkins Financial: High Dividend Yield And A Positive Earnings Outlook
Stock Information
Company Name: Tompkins Financial Corporation
Stock Symbol: TMP
Market: NYSE
Website: tompkinsfinancial.com
Menu
TMP TMP Quote TMP Short TMP News TMP Articles TMP Message Board
Get TMP Alerts

News, Short Squeeze, Breakout and More Instantly...