This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tompkins Financial Ranked 9th In Nation For Financial Performance

Stocks in this article: TMP

Tompkins Financial Corporation (NYSE Amex: TMP) , a $3.3 billion financial services holding company based in Ithaca, has once again been named to the American Bankers Association’s list of top performing banks.

In an article published in the April 2011 edition of ABA Banking Journal, Tompkins Financial Corporation was ranked #9 among U.S. public banks, thrifts and holding companies with assets over $3 billion as of December 31, 2010. Tompkins Financial’s ranking is up from 10 th position last year.

The ABA study rated the banks by return on average total equity (“ROAE”), with return on average total assets used as a secondary ranking criterion. Tompkins Financial reported ROAE of 12.72 percent in 2010, a figure that measures a company’s profitability over a fiscal year in relation to average shareholders’ equity.

The article stated that the top-performing institutions were able to generate above-average earnings, remaining more efficient than their peers.

Tompkins Financial President and CEO Stephen S. Romaine commented, “It is rewarding to be recognized for strong performance, particularly in what continues to be a challenging economy. Our focus remains on opportunities that create value over the long term for our clients, communities and shareholders,” he said.

About Tompkins Financial Corporation

Tompkins Financial is a financial services holding company headquartered in Ithaca, NY with $3.3 billion in assets. It trades on NYSE-Amex under the “TMP” symbol. Tompkins Financial provides banking services through its three community banks – Tompkins Trust Company, The Bank of Castile, and Mahopac National Bank, insurance through Tompkins Insurance Agencies, and wealth management through Tompkins Financial Advisors.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs