TMP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TMP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Tompkins Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.0 Mil. Tompkins Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $773.6 Mil. Tompkins Financial's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $674.6 Mil. Tompkins Financial's debt to equity for the quarter that ended in Jun. 2024 was 1.15.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Tompkins Financial's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Tompkins Financial was 2.12. The lowest was 0.09. And the median was 0.83.
The historical data trend for Tompkins Financial's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tompkins Financial Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 1.02 | 0.39 | 0.17 | 0.47 | 0.90 |
Tompkins Financial Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.49 | 0.90 | 0.78 | 1.15 | 0.75 |
For the Banks - Regional subindustry, Tompkins Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Banks industry and Financial Services sector, Tompkins Financial's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tompkins Financial's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Tompkins Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (477.1 | + | 125) | / | 668.522 | |
= | 0.90 |
Tompkins Financial's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0 | + | 773.627) | / | 674.63 | |
= | 1.15 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tompkins Financial (AMEX:TMP) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Tompkins Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
John D Mcclurg | director | PO BOX 460, ITHACA NY 14851 |
Ita M Rahily | director | P.O. BOX 460, ITHACA NY 14851 |
David Kershaw | officer: SVP, PAO | PO BOX 460, ITHACA NY 14851 |
Charles J Guarino | officer: SVP Chief Bank Operations Off. | 220 LIBERTY STREET, WARSAW NY 14569 |
Matthew D Tomazin | officer: EVP, CFO & Treasurer | PO BOX 460, ITHACA NY 14851 |
Johanna B Anderson | officer: Officer: EVP, Pres., TCB CNY | PO BOX 460, ITHACA NY 14851 |
Angela B Lee | director | PO BOX 460, ITHACA NY 14851 |
Nancy E. Catarisano | director | 27 FAIRPORT DRIVE, FAIRPORT NY 14450 |
Alfred J Weber | director | 5 FOXGLOVE LANE, READING PA 19606 |
Diane D Torcello | officer: EVP & President, Tompkins WNY | PO BOX 460, ITHACA NY 14851 |
Gregory J Hartz | officer: Executive Vice Pres. | C/O TOMPKINS TRUSTCO, INC., P.O. BOX 460, ITHACA NY 14851 |
Francis M Fetsko | officer: EVP, CFO, Treasurer | C/O TOMKINS TRUSTCO, INC., PO BOX #460, ITHACA NY 14851 |
Ginger G Kunkel | officer: President TCB Pennsylvania | 389 COAL MOUNTAIN ROAD, ORWIGSBURG PA 17961 |
Scott L Gruber | officer: EVP, Pres & CEO, VIST Bank | 1240 BROADCASTING RD., WYOMISSING PA 19610 |
John M Mckenna | officer: EVP, Tompkins Bank of Castile | P.O. BOX 460, ITHACA NY 14851 |
From GuruFocus
By GuruFocus Research • 09-11-2024
By gurufocus 10qk • 11-09-2010
By GuruFocus Research GuruFocus Editor • 08-02-2010
By GuruFocus Research GuruFocus Editor • 05-24-2010
By [email protected] insider • 03-02-2020
By gurufocus • 05-09-2009
By GuruFocus Research • 10-27-2023
By GuruFocus Research GuruFocus Editor • 05-12-2022
By GuruFocus Research • 04-26-2024
By GuruFocus Research GuruFocus Editor • 07-14-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.