Tompkins Financial Corp (NYSE: TMP)

Tompkins Financial Corporation is a financial holding company headquartered in Ithaca New York. The company operates as a local community based financial services organization. It provides a full array of products and services including commercial and consumer banking leasing trust and investment management financial planning and wealth management services. The company’s sole banking subsidiary is Tompkins Community Bank which maintains 54 branches across New York and Pennsylvania. Tompkins Community Bank attracts deposits from its local markets and uses those funds to originate loans and leases. The company also offers trust and wealth management services under the Tompkins Financial Advisors brand. Prior to October 31 2025 the company also operated an insurance segment through its subsidiary Tompkins Insurance Agencies Inc which was sold to Arthur J Gallagher Risk Management Services LLC. Tompkins Financial Corporation was organized in 1995 under the laws of the State of New York as a bank holding company for Tompkins Trust Company which has served the Ithaca area since 1836. The company’s strategy emphasizes responsible sustainable growth through organic expansion and selective acquisitions that fit its culture and geographic footprint.

The company’s primary source of revenue is interest income earned on its loan and securities portfolios. Loans include commercial agricultural consumer real estate and lease products that are funded by deposits gathered from its branch network. The company also invests in securities such as US Treasury obligations agency securities municipal bonds and equity securities to enhance net interest income while managing risk. In addition to interest earnings the company generates fee based revenue from its wealth management division which offers investment management trust and estate financial and tax planning and life disability and long term care insurance services. Prior to the sale of its insurance subsidiary the company also received commissions and fees from property and casualty employee benefit and life insurance policies sold through Tompkins Insurance Agencies. Other revenue streams include service charges on deposit accounts loan related fees and gains from the sale of securities. The company’s diversified revenue mix helps to stabilize earnings across interest rate cycles and supports its long term growth objectives.

The company operates through the following segments: banking and wealth management. Prior to the sale of its insurance segment on October 31 2025 the company also had an insurance segment.

• Banking segment encompasses the activities of Tompkins Community Bank which attracts deposits from individuals businesses and municipalities in its New York and Pennsylvania markets and uses those deposits to originate a broad range of loans including commercial agricultural consumer real estate and lease products. The segment also provides treasury services cash management and electronic banking solutions. It generates revenue primarily through interest income on loans and securities as well as fees related to deposit services loan processing and other banking activities. The banking segment adheres to a board approved lending policy and maintains independent loan review processes to monitor credit quality and risk.

• Wealth management segment operates under the Tompkins Financial Advisors brand and delivers investment management trust and estate financial and tax planning and life disability and long term care insurance services to individual clients families and institutional investors. The segment earns revenue from asset based management fees financial planning charges and commissions on insurance products. It emphasizes personalized advice and long term client relationships while leveraging the bank’s distribution network to reach customers. The wealth management segment also benefits from cross selling opportunities with the banking division to deepen client engagement.

The company holds a competitive position as a community based financial institution operating primarily in the upstate New York and Pennsylvania regions. Its main competitors include larger national banks regional banks credit unions and non bank financial technology firms that offer similar lending deposit and investment services. Despite facing institutions with greater resources the company differentiates itself through its local decision making personalized service and deep knowledge of the markets it serves. The bank’s relationship based lending model allows it to respond quickly to borrower needs while maintaining prudent credit standards. Additionally the company invests in technology to improve digital delivery without sacrificing the personal touch that clients value. These strengths enable Tompkins Financial Corporation to maintain stable market share and to pursue growth through organic expansion and selective acquisitions that align with its community based approach.

The company serves a diverse customer base that includes individual consumers small and mid sized businesses agricultural producers municipal entities and nonprofit organizations. Retail customers rely on the bank for checking savings mortgage and consumer loan products while businesses use its commercial lending cash management and treasury services to support operations and growth. Agricultural clients benefit from specialized loan programs that address equipment land and working capital needs. Municipalities and nonprofit organizations receive deposit and financing solutions tailored to public sector requirements. Although the filing does not disclose specific client names the description indicates that the company’s relationships are concentrated within the communities where its branches are located.