Tompkins Financial Corporation
Tompkins Financial Corporation is an $8.4 billion-asset community bank holding company operating 65 branches across New York and Pennsylvania through Tompkins Community Bank (rebranding to Tompkins Bank & Trust) and Tompkins Financial Advisors, serving retail, small business, and high-net-worth clients following the 2025 divestiture of its insurance brokerage.
- Company typePublic
- Founded1836
- HeadquartersIthaca, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Tompkins Financial Corporation does
Tompkins Financial Corporation is a $8.4 billion-asset financial services holding company headquartered in Ithaca, New York, founded in 1836 and listed on NYSE MKT under the ticker TMP. The company operates a community banking franchise through Tompkins Community Bank (pending rebrand to Tompkins Bank & Trust), with 65 banking offices across Western, Central, and Hudson Valley New York and Southeastern Pennsylvania serving more than 165,000 retail, small business, commercial, nonprofit, and high-net-worth customers. Its core product set spans deposit accounts, commercial and consumer loans (including a No Closing Cost Mortgage and a Bank On-certified Smart Spend Checking account), and wealth management services through Tompkins Financial Advisors, including an internally managed ESG portfolio.
The company monetizes primarily through net interest income, with a Q1 2026 net interest margin of 3.57% applied to a $6.48 billion loan portfolio and $7.1 billion deposit base, supplemented by fee-based wealth advisory and insurance brokerage revenue. In November 2025 Tompkins divested its insurance brokerage (Tompkins Insurance Agencies) to Arthur J. Gallagher & Co. for $183 million, sharpening its focus on banking and wealth management. Distribution is relationship-driven through local decision-makers at branches, dedicated commercial banking teams, and a wealth advisor channel, supported by online and mobile digital banking.
The underlying technology is a conventional integrated community banking platform rather than a proprietary or AI-native stack; the ESG Fund, Smart Spend Checking, and NOCO geothermal financing partnership are the principal product differentiators. Leadership is in transition, with Phillip M. Quintana appointed President-Elect of Tompkins Community Bank succeeding 17-year veteran John McKenna, and Matthew Tomazin serving as CFO since October 2023.
Tompkins Financial Corporation firmographics
Firmographics- Name
- Tompkins Financial Corporation
- Legal name
- Tompkins Financial Corporation
- Website
- https://tompkinsfinancial.com
- Company type
- Public
- Founded year
- 1836
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Tompkins Financial Corporation is an $8.4 billion-asset community bank holding company operating 65 branches across New York and Pennsylvania through Tompkins Community Bank (rebranding to Tompkins Bank & Trust) and Tompkins Financial Advisors, serving retail, small business, and high-net-worth clients following the 2025 divestiture of its insurance brokerage.
- Ownership category
- akta.pro rank
Tompkins Financial Corporation industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)
- SIC
- State Commercial Banks (6022), Investment Advice (6282)
- akta.pro primary industry
- Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)
- akta.pro secondary industries
- Private Banking & UHNW Wealth Advisory (FSAEABAC), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where Tompkins Financial Corporation is headquartered
LocationHeadquarters
- HQ city
- Ithaca
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Tompkins Financial Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Banking/Net Interest Income: Interest income from loan portfolio (total loans $6.48 billion as of Q1 2026) and securities, net of interest paid on deposits. Net interest margin improved to 3.57% in Q1 2026.
- Wealth Management: Fee-based wealth management and advisory services through Tompkins Financial Advisors, including ESG portfolio management.
- Insurance Services: Insurance brokerage services through Tompkins Insurance Agencies (divested to Arthur J. Gallagher & Co. in November 2025 for $183 million).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Banking services offered at standard market rates determined by customer relationship and product terms |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Tompkins Financial Corporation product offering
Product offeringCore offering
Tompkins Financial Corporation is a $8.4 billion-asset financial services holding company that provides community banking, commercial lending, and wealth management services through its subsidiaries. Its core operations include retail deposit accounts, consumer and commercial loans, residential mortgages, and fee-based investment advisory services delivered through 65 banking offices across Western, Central, and Hudson Valley New York and Southeastern Pennsylvania.
Product overview
Tompkins Financial Corporation is a diversified financial services holding company operating three main business segments: banking through Tompkins Community Bank (rebranding to Tompkins Bank & Trust pending regulatory approval), insurance through Tompkins Insurance Agencies, and wealth management through Tompkins Financial Advisors. The company offers a portfolio of products including deposit accounts, commercial and consumer loans, the Smart Spend Checking Bank On-certified account, No Closing Cost Mortgages, an ESG investment fund, and a stock purchase plan with dividend reinvestment. The banking segment operates over 54 offices across New York and Pennsylvania, serving retail, small business, and commercial customers through relationship-based community banking.
Differentiator
Problem solved
Functional benefit
Brands
- Smart Spend Checking: Bank On-certified checking account designed for young people starting their financial lives and those taking steps toward financial wellness, free from overdraft fees.
- No Closing Cost Mortgage
- ESG Fund
Products and services
- Tompkins Community Bank (rebranding to Tompkins Bank & Trust) Full-service community bank providing deposit accounts, consumer and commercial loans, and related banking services across Western, Central, and Hudson Valley New York and Southeastern Pennsylvania.
- Tompkins Financial Advisors Wealth management division providing investment advisory, financial planning, trust, estate planning, and portfolio management services to individuals, families, high-net-worth clients, and institutions.
- Smart Spend Checking Bank On-certified checking account designed for young people and those working toward financial wellness, featuring no overdraft fees or bounced check charges, with online bill pay and debit card access.
- No Closing Cost Mortgage Residential mortgage product in which Tompkins pays all non-personal, third-party fees on behalf of the mortgage applicant, reducing upfront closing costs for homebuyers.
- Tompkins Financial Advisors ESG Fund Environmental, Social, and Governance investment portfolio using qualitative screens to invest in socially responsible companies while seeking long-term capital growth; internally managed for over 10 years.
- Stock Purchase Plan Dividend reinvestment and direct stock purchase program administered through Broadridge, allowing shareholders to reinvest cash dividends or make additional purchases of TMP common stock via direct debit from a checking or savings account.
Quantifiable outcome
- Net interest margin improved to 3.57%, up 59 basis points year-over-year in Q1 2026
- +2 more outcomes
Companies that use Tompkins Financial Corporation
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Tompkins Financial Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Tompkins Financial Corporation partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NOCOcoreTompkins has partnered with NOCO to offer competitive financing for residential geothermal HVAC systems across Upstate New York. NOCO, established in 1933, is a family-owned, locally operated, full-service energy company serving Western and Central New York. The pilot program emphasizes the benefits of cleaner energy systems and assists customers looking to explore geothermal options.
Scale indicators8 records
Recent moves5 records
Expansion highlights6 records
Tompkins Financial Corporation competitors and assessment
Company assessmentDirect peers
- Evans Bancorp, Inc. Western New York community bank holding company serving Buffalo and surrounding markets. Directly comparable commercial and retail banking franchise with similar size profile.
- Financial Institutions, Inc. Western and Central New York community bank with overlapping geographic coverage and similar product set including commercial lending and wealth services.
- NBT Bancorp Inc. Community bank holding company of similar size with branches concentrated in upstate New York and northern Pennsylvania. Directly comparable regional franchise with overlapping retail, commercial, and wealth management operations.
- Community Bank System, Inc. Upstate New York-focused community bank holding company with comparable deposit base, branch network, and wealth management subsidiary. Closest pure-play peer on geography, scale, and product mix.
- Arrow Financial Corporation: Glens Falls, NY-based community bank holding company serving similar upstate New York markets with retail, commercial, and trust services. Comparable business model and regional focus to Tompkins.
- Trustco Bank Corp NY: Capital Region NY-headquartered community bank with similar retail/commercial orientation and emphasis on low-cost deposit gathering. Closely comparable on funding model and capital allocation philosophy.
- Chemung Financial Corporation: New York and Pennsylvania community bank with overlapping footprint in the Southern Tier and Finger Lakes regions. Comparable size, branch count, and product mix including wealth management.
- S&T Bancorp, Inc. Pennsylvania-headquartered community bank holding company with retail, commercial, and wealth management across Western and Central PA. Geographic complement and similar size to Tompkins.
Broad incumbents
- M&T Bank Corporation: Larger regional bank with significant presence across upstate New York and Pennsylvania, including wealth management through Wilmington Trust. Overlaps materially with Tompkins' geography and product set but operates at substantially greater scale.
Emerging players
- Five Star Bancorp: Growing community bank headquartered in Sacramento with similar relationship-based commercial banking focus. Comparable younger, growth-oriented community bank profile though operating on the West Coast.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Tompkins Financial Corporation social profiles
Digital presenceTompkins Financial Corporation compliance and trust
Trust signalCompliance2 records
Tompkins Financial Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tompkins Financial Corporation leadership team
Management profileNumber of profiles
Profiles13 records
Tompkins Financial Corporation subsidiaries and ownership
Company hierarchySubsidiaries3 records
Tompkins Financial Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tompkins Financial Corporation M&A and investment
M&A and investmentM&A11 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tompkins Financial Corporation
What does Tompkins Financial Corporation do?
Tompkins Financial Corporation is a $8.4 billion-asset financial services holding company that provides community banking, commercial lending, and wealth management services through its subsidiaries. Its core operations include retail deposit accounts, consumer and commercial loans, residential mortgages, and fee-based investment advisory services delivered through 65 banking offices across Western, Central, and Hudson Valley New York and Southeastern Pennsylvania.
Is Tompkins Financial Corporation a public or private company?
Tompkins Financial Corporation is a public company. It is classified as public and is currently operating.
When was Tompkins Financial Corporation founded?
Tompkins Financial Corporation was founded in 1836. It employs 1,001 to 5,000 people.
Where is Tompkins Financial Corporation based?
Tompkins Financial Corporation is headquartered in Ithaca, United States, in the North America region.
How does Tompkins Financial Corporation make money?
Three revenue lines are on record. Banking/Net Interest Income is the primary driver. The others are wealth Management and insurance Services.
Who are Tompkins Financial Corporation's main competitors?
Direct peers on record are Evans Bancorp, Inc., Financial Institutions, Inc., NBT Bancorp Inc., Community Bank System, Inc., Arrow Financial Corporation, Trustco Bank Corp NY, Chemung Financial Corporation and S&T Bancorp, Inc.. M&T Bank Corporation is listed as a broad incumbent. Five Star Bancorp is listed as an emerging player.
Does Tompkins Financial Corporation have an API?
No public API is recorded for Tompkins Financial Corporation.
What industry is Tompkins Financial Corporation in?
Tompkins Financial Corporation's product category is Community Banking. Its primary akta.pro industry code is FSAAABAF, Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight), with a secondary code of FSAEABAC, Private Banking & UHNW Wealth Advisory. Its NAICS code is 5221 and its SIC code is 6022.