Tompkins Financial Co. to Post Q1 2020 Earnings of $1.01 Per Share, Piper Sandler Forecasts (NYSEAMERICAN:TMP)

Tompkins Financial Co. (NYSEAMERICAN:TMP) – Piper Sandler dropped their Q1 2020 earnings estimates for shares of Tompkins Financial in a report released on Monday, March 23rd. Piper Sandler analyst A. Twerdahl now expects that the financial services provider will post earnings of $1.01 per share for the quarter, down from their previous estimate of $1.23. Piper Sandler also issued estimates for Tompkins Financial’s Q3 2020 earnings at $1.26 EPS, Q4 2020 earnings at $1.18 EPS, Q1 2021 earnings at $1.13 EPS, Q2 2021 earnings at $1.19 EPS, Q3 2021 earnings at $1.27 EPS and Q4 2021 earnings at $1.22 EPS.

TMP opened at $71.64 on Thursday. Tompkins Financial has a 1-year low of $58.45 and a 1-year high of $93.66.

Tompkins Financial (NYSEAMERICAN:TMP) last released its quarterly earnings data on Friday, January 31st. The financial services provider reported $1.40 earnings per share for the quarter. The business had revenue of $71.21 million for the quarter.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TMP. Great Diamond Partners LLC acquired a new position in Tompkins Financial during the fourth quarter worth $33,000. Tower Research Capital LLC TRC raised its holdings in Tompkins Financial by 240.4% during the third quarter. Tower Research Capital LLC TRC now owns 953 shares of the financial services provider’s stock worth $77,000 after buying an additional 673 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Tompkins Financial during the third quarter worth $123,000. Pinebridge Investments L.P. raised its holdings in shares of Tompkins Financial by 18.4% in the fourth quarter. Pinebridge Investments L.P. now owns 1,507 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 234 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Tompkins Financial in the fourth quarter valued at about $166,000.

About Tompkins Financial

Tompkins Financial Corporation operates as a community-based financial services company that provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates through three segments: Banking, Insurance, and Wealth Management.

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Earnings History and Estimates for Tompkins Financial (NYSEAMERICAN:TMP)

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