TMPTOMPKINS FINANCIAL CORP
State Commercial Banks
- Revenue
- $76M
- 4.5% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $1.4B
- Employees
- 870
- $87K revenue each
- Net debt / EBITDA
- —
- AI in 10-K
- 1.2
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 2 of 7
- TSR below peersYes5 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$2M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashYes24% of net incomeCash flow under 80% of net income
- Dilutive SBCNo5% of revenueOver 10% of revenue
- Payouts exceed cash flowNo97% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo1% of assetsOver 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$87K · 56th pctBottom quartile of its SIC industry
- Quiet on AINo1.2 per 10K words · 38th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$1.4B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$200K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $73M | $74M | $75M | $79M | $76M | 4.5% |
| Net income | $89M | $85M | $10M | $71M | $161M | 127% |
| Operating cash flow | $121M | $103M | $89M | $95M | $39M | 59% |
| Capex | $5M | $8M | $7M | $6M | $7M | 11% |
| Stock-based comp | $5M | $4M | $4M | $5M | $3M | 25% |
| Buybacks | $24M | $15M | $9M | $0 | $2M | |
| Dividends | $32M | $34M | $35M | $35M | $36M | 3.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $200K · 2
- Open-market sells, 12 mo
- $0 · 0
- Net
- $200K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $3M | $2M | 123 | 211 |
| FY2024 | $2M | $2M | 88 | 144 |
| FY2023 | $3M | $1M | 75 | 107 |
| FY2022 | $2M | $2M | 93 | 98 |
| FY2021 | $2M | $2M | 97 | 119 |