Tompkins Financial Raises Quarterly Dividend to $0.70

Tompkins Financial Corporation (NYSE American: TMP) raised its quarterly dividend to $0.70 per share from $0.67, an increase of 4.48%. The ex-dividend date was Aug. 7, 2026.

At the new rate, the Ithaca, New York-based financial-services company’s annualized dividend is $2.80 per share. That represents a forward yield of 2.82% based on a share price of $99.34.

The increase extends Tompkins Financial’s record of annual dividend growth to 20 consecutive years. Its dividend safety score is 93 out of 100, corresponding to an A grade. The company has a market capitalization of about $1.43 billion.

Earnings and capital support the increase

Management connected the higher payout to improved operating results and capital. Chief Executive Stephen Romaine said the company’s profitability benefited from loan and deposit growth and cited its strengthening capital position when discussing the dividend increase.

Tompkins reported record results for a third consecutive quarter in the period ended June 30. Net interest income benefited from a wider net interest margin, higher average loan balances and lower funding costs compared with the prior-year period. Capital ratios also remained above the regulatory thresholds required for a well-capitalized institution, according to the company’s second-quarter filing.

The company operates a community-focused banking and wealth-management business across parts of New York and Pennsylvania. Its principal subsidiary, Tompkins Bank & Trust, provides commercial and consumer banking, while Tompkins Financial Advisors offers investment management, trust, estate and financial-planning services. The banking organization traces its roots to 1836, according to its corporate profile.

What it means for income investors

The higher quarterly payment raises annualized dividend income while preserving the company’s established quarterly schedule. The 20-year growth streak and A safety grade provide historical and quantitative context for the payout, although neither guarantees future dividends. Future declarations remain subject to board approval and will depend on earnings, capital requirements and other business conditions.