Tompkins Financial Corporation – Consensus Says Potential 12.7% Hike
Tompkins Financial Corporation with ticker code (TMP) now have 2 analysts covering the stock. Analyst consensus indicates a rating of “Hold”. The target price is between 87 and 80, with the average target price being 83.5. With the stock’s previous close at 74.07, this would indicate that there is a potential upside of 12.7%. The 50-day moving average is now at 78.62 and the 200-day moving average is now at 79.34. The company’s market capitalization is $ 1,126 million. Visit the company’s website at: http://www.tompkinsfinancial.com
Tompkins Financial Corporation, a community-based financial services company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, as well as services insurance. The company operates in three segments: Banking, Insurance and Wealth Management. It accepts a variety of deposit products including checking accounts, savings accounts, term deposits, IRA products, negotiated term deposits, reciprocal deposits, and municipal money market accounts. The company also offers loans for a variety of business purposes, including real estate finance, construction, equipment finance, accounts receivable finance and commercial leasing; residential mortgage loans; personal loans; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agriculture-related loans; and consumer loans, such as personal installment loans, direct and indirect auto 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 account, remote deposit, secure deposit, voice response, ATM, and mobile and internet banking. In addition, the company offers investment, trust and estate management, as well as financial and tax planning services; property and casualty, life, disability and long-term care insurance services; employee benefit consultancy services; and insurance planning services. It is primarily aimed at individuals, business executives, small business owners and high net worth individuals. The company operates through a network of 64 bank offices, including 44 offices in New York City and 20 offices in Southeastern Pennsylvania. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.