Latest Ratios: P/E Ratio 8.4x · EV/EBITDA 8.1x · ROE 19.5%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $1.0B | $968M | $861M | $1.1B | $1.2B | $1.0B | $1.4B | $1.1B | $1.2B | $1.4B |
| Enterprise Value | $1.9B | $1.6B | $1.6B | $1.4B | $1.4B | $1.4B | $996M | $2.0B | $2.1B | $2.2B | $2.3B |
| P/E Ratio → | 8.42 | 6.45 | 13.65 | 91.26 | 13.17 | 13.81 | 13.58 | 17.04 | 14.02 | 23.72 | 24.18 |
| P/S Ratio | 2.35 | 1.80 | 2.24 | 2.84 | 3.44 | 3.87 | 3.20 | 4.11 | 3.52 | 4.19 | 5.25 |
| P/B Ratio | 1.45 | 1.11 | 1.36 | 1.29 | 1.81 | 1.68 | 1.45 | 2.07 | 1.83 | 2.13 | 2.57 |
| P/FCF | 42.61 | 32.54 | 10.90 | 10.47 | 11.74 | 10.51 | 10.75 | 14.33 | 12.73 | 24.15 | 18.88 |
| P/OCF | 35.02 | 26.75 | 10.19 | 9.68 | 10.81 | 10.10 | 10.27 | 13.48 | 10.58 | 14.25 | 15.54 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.71 | 3.76 | 4.73 | 4.27 | 4.27 | 3.07 | 5.90 | 6.65 | 7.62 | 8.44 |
| EV / EBITDA | 8.09 | 6.71 | 15.70 | 60.15 | 11.44 | 10.72 | 9.11 | 17.17 | 18.58 | 21.15 | 23.79 |
| EV / EBIT | 8.40 | 6.97 | 17.46 | 118.35 | 12.64 | 11.80 | 10.20 | 19.13 | 20.60 | 23.42 | 26.25 |
| EV / FCF | — | 49.04 | 18.29 | 17.45 | 14.58 | 11.61 | 10.29 | 20.58 | 24.08 | 43.93 | 30.35 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.1% | 75.1% | 66.9% | 69.6% | 92.7% | 95.2% | 85.8% | 84.4% | 86.5% | 89.9% | 90.2% |
| Operating Margin | 38.8% | 38.8% | 21.5% | 4.0% | 33.8% | 36.2% | 30.1% | 30.8% | 32.3% | 32.6% | 32.2% |
| Net Profit Margin | 27.8% | 27.8% | 16.4% | 3.1% | 26.2% | 28.2% | 23.9% | 24.5% | 25.5% | 17.9% | 22.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.5% | 19.5% | 10.2% | 1.5% | 12.6% | 12.3% | 11.2% | 12.7% | 13.8% | 9.3% | 11.1% |
| ROA | 1.9% | 1.9% | 0.9% | 0.1% | 1.1% | 1.2% | 1.1% | 1.2% | 1.2% | 0.8% | 1.0% |
| ROIC | 10.9% | 10.9% | 4.9% | 0.8% | 8.7% | 8.7% | 6.0% | 5.0% | 4.6% | 4.6% | 5.1% |
| ROCE | 17.3% | 17.3% | 8.3% | 1.5% | 12.8% | 11.1% | 8.4% | 2.6% | 1.9% | 3.5% | 6.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.70 | 0.70 | 1.11 | 0.97 | 0.56 | 0.26 | 0.48 | 1.11 | 1.76 | 1.89 | 1.68 |
| Debt / EBITDA | 2.83 | 2.83 | 7.64 | 27.38 | 2.87 | 1.51 | 3.15 | 6.42 | 9.46 | 10.32 | 9.67 |
| Net Debt / Equity | — | 0.56 | 0.92 | 0.86 | 0.44 | 0.18 | -0.06 | 0.90 | 1.63 | 1.74 | 1.56 |
| Net Debt / EBITDA | 2.26 | 2.26 | 6.34 | 24.04 | 2.22 | 1.01 | -0.41 | 5.21 | 8.76 | 9.52 | 9.00 |
| Debt / FCF | — | 16.50 | 7.39 | 6.97 | 2.83 | 1.10 | -0.46 | 6.25 | 11.35 | 19.78 | 11.48 |
| Interest Coverage | 1.70 | 1.70 | 0.68 | 0.14 | 5.21 | 6.54 | 3.37 | 2.03 | 2.62 | 3.74 | 3.91 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.15 | 0.15 | 0.19 | 0.22 | 0.24 | 0.31 | 0.31 | 0.26 | 52.35 | 0.03 | 0.01 |
| Quick Ratio | 0.15 | 0.15 | 0.19 | 0.22 | 0.24 | 0.31 | 0.31 | 0.26 | 52.35 | 0.03 | 0.01 |
| Cash Ratio | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.06 | 0.03 | 49.19 | 0.03 | 0.01 |
| Asset Turnover | — | 0.07 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.7% | 3.5% | 3.6% | 4.0% | 3.0% | 2.6% | 3.0% | 2.2% | 2.6% | 2.3% | 1.9% |
| Payout Ratio | 22.4% | 22.4% | 49.5% | 363.1% | 39.5% | 36.3% | 40.4% | 37.5% | 36.0% | 52.6% | 44.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 11.9% | 15.5% | 7.3% | 1.1% | 7.6% | 7.2% | 7.4% | 5.9% | 7.1% | 4.2% | 4.1% |
| FCF Yield | 2.3% | 3.1% | 9.2% | 9.5% | 8.5% | 9.5% | 9.3% | 7.0% | 7.9% | 4.1% | 5.3% |
| Buyback Yield | 0.2% | 0.3% | 0.0% | 1.0% | 1.4% | 1.9% | 0.9% | 2.2% | 0.2% | 0.0% | 0.1% |
| Total Shareholder Yield | 2.9% | 3.7% | 3.6% | 5.0% | 4.4% | 4.6% | 3.9% | 4.4% | 2.8% | 2.3% | 2.0% |
| Shares Outstanding | — | $14M | $14M | $14M | $14M | $15M | $15M | $15M | $15M | $15M | $15M |
Regional economic concentration
According to recent market data, TMP trades at a P/B of 1.44, which suggests investors are assigning a premium to its diversified fee-based model compared to pure-play regional lenders that lack the structural resilience of integrated insurance and wealth management arms.
The current P/B multiple appears to reflect market confidence in the bank's ability to generate non-interest income, which acts as a hedge against interest rate volatility. Investors should monitor whether this premium holds as the bank navigates potential regional economic headwinds in its core New York and Pennsylvania markets.
As reported in financial statements, the bank's ROE reached 11.1% in 2025Q4, a significant improvement driven by a surge in fee-based revenue that highlights the strategic success of the bank's diversified business model in enhancing overall profitability quality.
The DuPont decomposition suggests that TMP's profitability is increasingly supported by non-interest income rather than pure leverage, which is a positive indicator of earnings sustainability. This shift warrants further investigation into whether the current fee-income contribution is structural or subject to cyclical market fluctuations.
Based on the reported figures, the efficiency ratio improved to 41.7% in 2026Q1, indicating that Tompkins Financial is successfully achieving operating leverage by scaling its revenue base significantly faster than its non-interest expense growth over the observed period.
The improvement in the efficiency ratio suggests that management is effectively controlling costs despite the high-touch service model inherent in their wealth and insurance segments. This trend appears to be a key driver of the bank's ability to maintain strong margins in a competitive regional environment.
As indicated by the quarterly data, the equity-to-assets ratio has remained remarkably stable at approximately 0.11 as of 2026Q1, confirming that Tompkins Financial maintains a fortress-like capital position that provides a significant buffer against potential regional economic volatility.
The bank's conservative capital structure suggests that management prioritizes long-term stability over aggressive, debt-funded expansion. While this approach may limit short-term ROE upside, it appears to provide a necessary cushion against the inherent risks of the bank's geographic concentration.
Investors frequently misapply the P/E ratio to TMP, which obscures the bank's true value by failing to account for the earnings volatility introduced by contingent insurance commissions and the cyclical nature of the wealth management segment's market-sensitive fee income.
Using P/E as the primary valuation metric may lead to an incomplete assessment of the bank's earnings power, as it does not distinguish between interest-based and fee-based income streams. Analysts should instead prioritize P/TBV and adjusted ROE to better capture the underlying value of the bank's diversified franchise.
Includes 30+ ratios · 30 years · Updated daily
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10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying TMP stock.
Tompkins Financial Corporation's current P/E ratio is 8.4x. The historical average is 18.8x. This places it at the 3th percentile of its historical range.
Tompkins Financial Corporation's current EV/EBITDA is 8.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.4x.
Tompkins Financial Corporation's return on equity (ROE) is 19.5%. The historical average is 13.6%.
Based on historical data, Tompkins Financial Corporation is trading at a P/E of 8.4x. This is at the 3th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Tompkins Financial Corporation's current dividend yield is 2.66% with a payout ratio of 22.4%.
Tompkins Financial Corporation has 75.1% gross margin and 38.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Tompkins Financial Corporation's Debt/EBITDA ratio is 2.8x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.