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TMP (Tompkins Financial) Debt-to-Equity : 1.15 (As of Jun. 2024)


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What is Tompkins Financial Debt-to-Equity?

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:

TMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.83   Max: 2.12
Current: 0.75

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.

TMP's Debt-to-Equity is ranked worse than
53.61% of 1453 companies
in the Banks industry
Industry Median: 0.66 vs TMP: 0.75

Tompkins Financial Debt-to-Equity Historical Data

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.

* Premium members only.

Tompkins Financial Debt-to-Equity Chart

Tompkins Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.90 0.78 1.15 0.75

Competitive Comparison of Tompkins Financial's Debt-to-Equity

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.


Tompkins Financial's Debt-to-Equity Distribution in the Banks Industry

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.



Tompkins Financial Debt-to-Equity Calculation

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

Tompkins Financial's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Tompkins Financial Debt-to-Equity Related Terms

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.


Tompkins Financial Business Description

Traded in Other Exchanges
Address
118 East Seneca Street, P.O Box 460, Ithaca, NY, USA, 14851
Tompkins Financial Corp is a Financial Holding Company. It has three business segments, consisting of banking, insurance and wealth management. It offers various products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance. Insurance is comprised of property and casualty insurance services and employee benefit consulting. Wealth management activities include the results of the company's trust, financial planning, and wealth management services. The company generates majority of its revenue from Banking segment.
Executives
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