Tompkins Financial Corporation (TMP) - Net Assets
Based on the latest financial reports, Tompkins Financial Corporation (TMP) has net assets worth $788.80 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.47 Billion) and total liabilities ($7.68 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Tompkins Financial Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $788.80 Million |
| % of Total Assets | 9.31% |
| Annual Growth Rate | 9.67% |
| 5-Year Change | -90.29% |
| 10-Year Change | 38.14% |
| Growth Volatility | 170.39 |
Tompkins Financial Corporation - Net Assets Trend (1990–2024)
This chart illustrates how Tompkins Financial Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Tompkins Financial Corporation total assets for the complete picture of this company's asset base.
Annual Net Assets for Tompkins Financial Corporation (1990–2024)
The table below shows the annual net assets of Tompkins Financial Corporation from 1990 to 2024. For live valuation and market cap data, see TMP stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $713.44 Million | +6.49% |
| 2023-12-31 | $669.93 Million | +8.51% |
| 2022-12-31 | $617.39 Million | -15.30% |
| 2021-12-31 | $728.94 Million | -90.07% |
| 2020-12-31 | $7.34 Billion | +1007.59% |
| 2019-12-31 | $663.05 Million | +6.79% |
| 2018-12-31 | $620.87 Million | +7.75% |
| 2017-12-31 | $576.20 Million | +4.88% |
| 2016-12-31 | $549.40 Million | +6.38% |
| 2015-12-31 | $516.47 Million | +5.49% |
| 2014-12-31 | $489.58 Million | +6.91% |
| 2013-12-31 | $457.94 Million | +3.76% |
| 2012-12-31 | $441.36 Million | +47.54% |
| 2011-12-31 | $299.14 Million | +9.41% |
| 2010-12-31 | $273.41 Million | +11.59% |
| 2009-12-31 | $245.01 Million | +11.69% |
| 2008-12-31 | $219.36 Million | +10.43% |
| 2007-12-31 | $198.65 Million | +3.96% |
| 2006-12-31 | $191.07 Million | +4.60% |
| 2005-12-31 | $182.67 Million | +5.92% |
| 2004-12-31 | $172.47 Million | +7.48% |
| 2003-12-31 | $160.46 Million | +5.51% |
| 2002-12-31 | $152.09 Million | +14.73% |
| 2001-12-31 | $132.56 Million | +13.80% |
| 2000-12-31 | $116.48 Million | +13.29% |
| 1999-12-31 | $102.82 Million | +3.83% |
| 1998-12-31 | $99.03 Million | +74.04% |
| 1997-12-31 | $56.90 Million | +8.17% |
| 1996-12-31 | $52.60 Million | -4.54% |
| 1995-12-31 | $55.10 Million | +15.27% |
| 1994-12-31 | $47.80 Million | +0.84% |
| 1993-12-31 | $47.40 Million | +19.10% |
| 1992-12-31 | $39.80 Million | +15.70% |
| 1991-12-31 | $34.40 Million | +11.33% |
| 1990-12-31 | $30.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tompkins Financial Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3736.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $537.16 Million | 75.29% |
| Common Stock | $1.45 Million | 0.20% |
| Other Comprehensive Income | $-118.49 Million | -16.61% |
| Other Components | $293.33 Million | 41.11% |
| Total Equity | $713.44 Million | 100.00% |
Tompkins Financial Corporation Competitors by Market Cap
The table below lists competitors of Tompkins Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTS International Logistics Corp Ltd
SHG:603128
|
$1.07 Billion |
|
Hagar hf
IC:HAGA
|
$1.07 Billion |
|
China High-Speed Railway Technology
SHE:000008
|
$1.07 Billion |
|
BP PLC
LSE:BP
|
$1.07 Billion |
|
Shinsung Delta Tech Co.Ltd
KQ:065350
|
$1.07 Billion |
|
American Public Education Inc
NASDAQ:APEI
|
$1.07 Billion |
|
Anadolu Hayat Emeklilik AS
IS:ANHYT
|
$1.07 Billion |
|
Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tompkins Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 668,522,000 to 713,444,000, a change of 44,922,000 (6.7%).
- Net income of 70,850,000 contributed positively to equity growth.
- Dividend payments of 35,049,000 reduced retained earnings.
- Share repurchases of 1,242,000 reduced equity.
- New share issuances of 170,000 increased equity.
- Other comprehensive income increased equity by 6,513,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $70.85 Million | +9.93% |
| Dividends Paid | $35.05 Million | -4.91% |
| Share Repurchases | $1.24 Million | -0.17% |
| Share Issuances | $170.00K | +0.02% |
| Other Comprehensive Income | $6.51 Million | +0.91% |
| Other Changes | $3.68 Million | +0.52% |
| Total Change | $- | 6.72% |
Book Value vs Market Value Analysis
This analysis compares Tompkins Financial Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.35x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $4.37 | $84.55 | x |
| 1991-12-31 | $4.85 | $84.55 | x |
| 1992-12-31 | $5.57 | $84.55 | x |
| 1993-12-31 | $6.63 | $84.55 | x |
| 1994-12-31 | $6.69 | $84.55 | x |
| 1995-12-31 | $7.01 | $84.55 | x |
| 1996-12-31 | $7.18 | $84.55 | x |
| 1997-12-31 | $8.02 | $84.55 | x |
| 1998-12-31 | $13.71 | $84.55 | x |
| 1999-12-31 | $9.20 | $84.55 | x |
| 2000-12-31 | $10.99 | $84.55 | x |
| 2001-12-31 | $11.95 | $84.55 | x |
| 2002-12-31 | $13.60 | $84.55 | x |
| 2003-12-31 | $14.41 | $84.55 | x |
| 2004-12-31 | $14.09 | $84.55 | x |
| 2005-12-31 | $14.99 | $84.55 | x |
| 2006-12-31 | $17.26 | $84.55 | x |
| 2007-12-31 | $18.33 | $84.55 | x |
| 2008-12-31 | $20.33 | $84.55 | x |
| 2009-12-31 | $20.59 | $84.55 | x |
| 2010-12-31 | $25.03 | $84.55 | x |
| 2011-12-31 | $26.98 | $84.55 | x |
| 2012-12-31 | $34.27 | $84.55 | x |
| 2013-12-31 | $31.32 | $84.55 | x |
| 2014-12-31 | $33.00 | $84.55 | x |
| 2015-12-31 | $34.65 | $84.55 | x |
| 2016-12-31 | $36.69 | $84.55 | x |
| 2017-12-31 | $38.13 | $84.55 | x |
| 2018-12-31 | $40.94 | $84.55 | x |
| 2019-12-31 | $44.19 | $84.55 | x |
| 2020-12-31 | $48.59 | $84.55 | x |
| 2021-12-31 | $49.67 | $84.55 | x |
| 2022-12-31 | $42.76 | $84.55 | x |
| 2023-12-31 | $46.75 | $84.55 | x |
| 2024-12-31 | $50.00 | $84.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tompkins Financial Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.41%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 11.37x
- Recent ROE (9.93%) is below the historical average (13.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 15.21% | 11.69% | 0.10x | 12.41x | $1.61 Million |
| 1991 | 15.12% | 12.38% | 0.10x | 12.43x | $1.76 Million |
| 1992 | 18.09% | 17.10% | 0.09x | 11.54x | $3.22 Million |
| 1993 | 17.09% | 19.57% | 0.08x | 10.38x | $3.36 Million |
| 1994 | 16.95% | 18.79% | 0.08x | 10.69x | $3.32 Million |
| 1995 | 15.79% | 28.06% | 0.06x | 9.75x | $3.19 Million |
| 1996 | 17.49% | 18.00% | 0.09x | 11.24x | $3.94 Million |
| 1997 | 22.83% | 17.45% | 0.12x | 11.02x | $7.30 Million |
| 1998 | 14.85% | 18.25% | 0.08x | 9.78x | $4.74 Million |
| 1999 | 15.73% | 17.00% | 0.08x | 12.30x | $5.54 Million |
| 2000 | 15.23% | 16.45% | 0.08x | 11.35x | $6.01 Million |
| 2001 | 14.97% | 17.21% | 0.08x | 10.84x | $6.52 Million |
| 2002 | 15.22% | 19.47% | 0.07x | 11.09x | $7.85 Million |
| 2003 | 15.23% | 20.82% | 0.06x | 11.73x | $8.31 Million |
| 2004 | 14.98% | 20.88% | 0.06x | 11.52x | $8.51 Million |
| 2005 | 15.28% | 20.13% | 0.07x | 11.63x | $9.56 Million |
| 2006 | 14.64% | 17.12% | 0.07x | 11.66x | $8.80 Million |
| 2007 | 13.37% | 14.94% | 0.07x | 11.97x | $6.65 Million |
| 2008 | 13.69% | 15.97% | 0.07x | 13.16x | $8.04 Million |
| 2009 | 13.07% | 16.48% | 0.06x | 12.95x | $7.48 Million |
| 2010 | 12.44% | 17.96% | 0.06x | 11.99x | $6.64 Million |
| 2011 | 11.90% | 19.35% | 0.05x | 11.42x | $5.65 Million |
| 2012 | 7.11% | 14.84% | 0.04x | 11.00x | $-12.71 Million |
| 2013 | 11.14% | 20.22% | 0.05x | 10.96x | $5.21 Million |
| 2014 | 10.66% | 20.61% | 0.05x | 10.80x | $3.23 Million |
| 2015 | 11.34% | 22.64% | 0.05x | 11.05x | $6.92 Million |
| 2016 | 10.83% | 22.06% | 0.04x | 11.38x | $4.54 Million |
| 2017 | 9.13% | 17.94% | 0.04x | 11.57x | $-4.98 Million |
| 2018 | 13.29% | 25.50% | 0.05x | 10.91x | $20.36 Million |
| 2019 | 12.35% | 24.50% | 0.05x | 10.17x | $15.55 Million |
| 2020 | 10.83% | 23.88% | 0.04x | 10.64x | $5.96 Million |
| 2021 | 12.27% | 28.19% | 0.04x | 10.75x | $16.51 Million |
| 2022 | 13.80% | 26.18% | 0.04x | 12.45x | $23.43 Million |
| 2023 | 1.42% | 3.20% | 0.04x | 11.70x | $-57.35 Million |
| 2024 | 9.93% | 16.41% | 0.05x | 11.37x | $-494.40K |
Industry Comparison
This section compares Tompkins Financial Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $634,134,400
- Average return on equity (ROE) among peers: 7.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tompkins Financial Corporation (TMP) | $788.80 Million | 15.21% | 9.74x | $1.07 Billion |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $33.90 Million | 18.88% | 9.07x | $5.70 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $369.13 Million | 3.17% | 9.59x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $577.58 Million | -0.30% | 12.45x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $192.15 Million | 11.34% | 10.26x | $601.02 Million |
| Associated Banc-Corp (ASB) | $4.09 Billion | 7.50% | 7.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $79.49 Million | 2.48% | 14.08x | $62.60 Million |
About Tompkins Financial Corporation
Tompkins Financial Corporation, a financial holding company, 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. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA… Read more