Tompkins Financial boosts cash dividend to 47 cents per share

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced that its board of directors has approved payment of a regular quarterly cash dividend of 47 cents a share, payable on Nov. 15 to common shareholders of record on Nov. 7.

The dividend is up 2 cents, or 4.4 percent, from the 45 cents the banking company paid in the third quarter.

 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 more than 62 percent share of all market deposits — according to FDIC statistics.

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