Tompkins Financial Corp
tompkinsfinancial.comWhat Do They Do?
Takes deposits, makes loans, and provides trust and investment services to businesses and consumers in its regional markets.
10-K for FY2025, filed Feb 26, 2026Tompkins Financial Corporation ("Tompkins" or the "Company") is headquartered in Ithaca, New York and is registered as a Financial Holding…View ↗
Banking services consist primarily of attracting deposits from the areas served by the Company’s banking subsidiary and using those…View ↗
Wealth management services consist of investment management, trust and estate, financial and tax planning as well as life, disability and…View ↗
How Do They Make Money?
The insurance agency earned commissions when coverage took effect; the bank earns interest from loans and securities, and wealth management earns fees for managing assets and commissions when investments are sold. Account and card fees are generally collected immediately or the following month.
10-K for FY2025, filed Feb 26, 2026Insurance commissions and fees from insurance product sales are typically earned upon the effective date of bound coverage, as no…View ↗
The Company’s principal expenses are interest on deposits, interest on borrowings, and operating and general administrative expenses, as…View ↗
Trust and asset management income is primarily comprised of fees earned from the management and administration of trusts and other customer…View ↗
Mutual Fund & Investment IncomeView ↗
Service charges on deposit accounts consist of account analysis fees (i.e., net fees earned on analyzed business and public checking…View ↗
Fees, exchange, and other service charges are primarily comprised of debit and credit card income, ATM fees, merchant services income, and…View ↗
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10-K for FY2025, filed Feb 26, 2026
FY2025 revenue by product or service ↗
$75.7M
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10-K for FY2025, filed Feb 26, 2026
$75.7M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Insurance Revenues
Sold outright
10-K for FY2025, filed Feb 26, 2026 |
47%
FY2022: 49%
|
Insurance Revenues, FY2025
$35.6M Sources
|
Sold outright |
|
Investment Service Income
|
27%
FY2022: 24%
|
Investment Service Income, FY2025
$20.1M Sources
|
|
|
Service Charges on Deposit Accounts
Mix
10-K for FY2025, filed Feb 26, 2026 |
9.6%
FY2022: 10.0%
|
Service Charges on Deposit Accounts, FY2025
$7.3M Sources
|
Mix |
|
Card Services Income
Usage-based
10-K for FY2025, filed Feb 26, 2026 |
15%
FY2022: 15%
|
Card Services Income, FY2025
$11.5M Sources
|
Usage-based |
|
Other
Sold outright
|
1.7%
FY2022: 1.8%
|
Other, FY2025
$1.3M Sources
|
Sold outright |
Who Are Their Customers?
Banking serves commercial and consumer customers in its New York and Pennsylvania markets; wealth management serves individuals, corporate executives, and small-business owners.
10-K for FY2025, filed Feb 26, 2026Tompkins Financial Corporation ("Tompkins" or the "Company") is headquartered in Ithaca, New York and is registered as a Financial Holding…View ↗
Banking services consist primarily of attracting deposits from the areas served by the Company’s banking subsidiary and using those…View ↗
The wealth management segment is generally organized under the Tompkins Financial Advisors brand. Tompkins Financial Advisors offers a…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 42 cents into free cash flow.
How Are They Changing?
Flat. Revenue was $75.7M in FY2025, about the same as the $72.6M of FY2021.
Insurance agency sale
The business no longer includes its insurance agency: the older report describes an insurance subsidiary offering property and casualty coverage and benefits consulting, while the latest report says it sold the agency and lists banking and wealth management as its segments.
10-K for FY2022, filed Mar 1, 2023 10-K for FY2025, filed Feb 26, 2026Tompkins Financial Corporation ("Tompkins" or the "Company") is headquartered in Ithaca, New York and is registered as a Financial Holding…View ↗
The Company has identified two business segments, consisting of banking and wealth management. Prior to its sale of TIA on October 31…View ↗
The Company operated its wholly-owned insurance subsidiary, TIA, from 2001 until its sale to Gallagher on October 31, 2025. TIA was a…View ↗
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