Tompkins Financial Corporation (TMP) is Downgraded by Keefe Bruyette to Underperform

Tompkins Financial Corporation (TMP) was Downgraded by Keefe Bruyette to ” Underperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Apr 18, 2016.

Tompkins Financial Corporation opened for trading at $66.9 and hit $67.8 on the upside on Friday, eventually ending the session at $67.02, with a gain of 0.07% or 0.05 points. The heightened volatility saw the trading volume jump to 21,107 shares. Company has a market cap of $1,005 M.

In a different news, on Nov 19, 2015, James W Fulmer (director) sold 2,000 shares at $59.57 per share price. According to the SEC, on Aug 19, 2015, Rosemary G. Hyland (EVP, Human Resources) sold 1,588 shares at $54.71 per share price. On May 15, 2015, Gerald J Jr Klein (EVP Pres&CEO Mahopac Bank) sold 500 shares at $50.85 per share price, according to the Form-4 filing with the securities and exchange commission.

Tompkins Financial Corporation is a financial holding company. The Company offers an array of products and services including commercial and consumer banking leasing trust and investment management financial planning and wealth management and insurance. The Company operates in three segments: banking insurance and wealth management. Banking services consist primarily of attracting deposits from the areas served by the Company’s banking subsidiaries and using those deposits to originate a variety of commercial loans agricultural loans consumer loans real estate loans and leases in those same areas. The Company provides property and casualty insurance services and employee benefits consulting through Tompkins Insurance Agencies Inc. Tompkins Financial Advisors offers a suite of financial services to customers including trust and estate services investment management and financial and insurance planning for individuals corporate executives and small business owners.

Tompkins Financial Corporation

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