ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 62 cents per share for the first quarter.
The dividend is payable on Feb. 21, to common shareholders of record on Feb. 14. At Tompkins’ current stock price, the payment yields about 3.7 percent on an annual basis.
Tompkins also recently reported net income of nearly $19.7 million in the fourth quarter of 2024, up 31 percent from just over $15 million in the year-prior period.
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Tompkins Financial is a banking and financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, Tompkins is parent to Tompkins Community Bank and Tompkins Insurance Agencies, Inc., and offers wealth-management services through Tompkins Financial Advisors.