Tompkins Financial Corporation · AMEX:TMP
Tompkins Financial — Shareholder Meeting (May 2025)
13 slides from Tompkins Financial's shareholder meeting presentation, May 13, 2025
Slide 1: Annual Shareholder Meeting May 13, 2025
Annual Shareholder Meeting May 13, 2025
Slide 2: Forward-Looking Information − Safe Harbor
This presentation contains "forward - looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward - looking statements are made based on management’s expectations and beliefs concerning future events impacting the Company and are subject to certain risks a
Slide 3: Tompkins Financial Strength
Tompkins Financial Strength • Long - standing commitment to sustainable performance • Profitable every year since at least 1942 • Remain well capitalized • Diversified and growing revenue streams • Disciplined credit culture, 10 - year average net charge offs below 0.04% • Strong core deposit base,
Slide 4: 2024 Recap – Higher Revenue and Lower Expense
2024 Recap – Higher Revenue and Lower Expense Net Income Improving vs 2023 • Growth in net interest income » 2023 balance sheet reposition » Increasing levels of loan growth (+7.4%) » Managed deposit costs, improving deposit growth • Higher levels of provision supporting loan growth • Increasing non
Slide 5: Annual Earnings Trends
Annual Earnings Trends $0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 $7.00 2014Y 2015Y 2016Y 2017Y 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y Diluted EPS Diluted EPS (GAAP) Core Diluted EPS (Source: S&P Global) TMP Diluted EPS: 10 Year Compound Annual Growth Rate of 3.6% 5
Slide 6: Tompkins Fundamentals Continue Improvement
• Continued net interest margin expansion, up 25 bps as compared to a year ago • Loan Growth 7.6% YOY • Deposit growth improving while deposit rates moderating, average deposit balances up 4% vs a year ago First Quarter Highlights • Noninterest Income up 13.1% vs. prior year • Noninterest Expense up
Slide 7: Quarterly Earnings Trends
0.59 - 2.35 1.05 1.18 1.10 1.30 1.37 1.37 -$2.50 -$2.00 -$1.50 -$1.00 -$0.50 $0.00 $0.50 $1.00 $1.50 $2.00 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Diluted EPS ▪ Q2 and Q3 2023 reflect impacts of securities sales ▪ Q1 2025 Diluted EPS is up 16.1% vs prior year Quarterly Earnin
Slide 8: Consistently Well Capitalized
0% 2% 4% 6% 8% 10% 12% 14% 16% 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y Q1 2025 Consistently Well Capitalized 0% 2% 4% 6% 8% 10% 12% 14% 16% 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024 Y Q1 2025 Total Capital Ratio Tier 1 Ratio • Total capital ratio reflects capital that is $170 million above regulato
Slide 9: Profitability vs Peers
0% 2% 4% 6% 8% 10% 12% 14% TMP Peer (2) Profitability 0.00% 1.00% 2.00% 3.00% 4.00% TMP Peer (2) ROAA (1) ROAE (1) 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% TMP Peer (2) Net Interest Margin (1) * 2023 results include balance sheet repositioning, which resulted in a pre - tax loss of $70 millio
Slide 10: Annual Cash Dividend Trends
Annual Cash Dividend Trends $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 2012Y 2013Y 2014Y 2015Y 2016Y 2017Y 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y Cash Dividend Per Share TMP Cash Dividend: 10 Year Compound Annual Growth Rate of 4.2% Q1 2025 raised dividend 1.6% vs Q1 2024 payable in Q2 2025 10
Slide 11: Stock Performance and Valuation
Stock Performance 10YR 5YR LTM Total Return 4.1% 0.7% 31.6% TMP 6.5% 11.4% 14.4% Proxy Peer Median Dividend Yield *P/TBV P/LTM EPS* Stock Valuation 4.3% 1.35x 11.7x TMP 3.4% 1.21x 12.5x Proxy Peer Median As of April 22, 2025 Dividend Yield *P/TBV P/LTM EPS* Stock Valuation 5.2% 1.16x 10.5x^ TMP 4.2%
Slide 12: Commitment to Sustainable Performance
Commitment to Sustainable Performance • Profitable for at least 83 consecutive years • Cash dividends increased for 36 consecutive years • Cash dividends paid for 145 consecutive years • Culture of sustainably generating top quartile return on equity • Valuable core deposit franchise • Strong histor
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