Search
Close this search box.

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Tompkins Financial boosts quarterly dividend by 5 percent

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced that its board of directors has increased its regular quarterly cash dividend to 44 cents per share from 42 cents in the prior quarter.

The new dividend will be payable on Nov. 16, to common shareholders of record on Nov. 9.

Tompkins Financial also reported net income of $14.5 million in this year’s third quarter, up almost 6 percent from $13.7 million in the same period in 2014.

(Sponsored)

Tompkins Financial is a financial-services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, Tompkins Financial is parent of Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, Tompkins Insurance Agencies, Inc., and offers wealth-management services through Tompkins Financial Advisors.

Tompkins Trust is the number one bank in the Ithaca metro area — ranked by deposit market share, with a 62 percent share — according to FDIC statistics.

 

Contact The Business Journal News Network at news@cnybj.com

 

 

Post
Share
Tweet
Print
Email

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.