Tompkins Financial Corp - Company Profile
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Tompkins Financial Corp (TFC) is a provider of banking, wealth management, and insurance solutions. Sound capital adequacy, broad product and service portfolio, non-interest income, and business performance of Insurance segment are few of its key strengths; even as the vulnerability to economic pressures could be considered as areas for further improvement. The positive outlook for the US economy, growing markets for payment channels in the US, and growing wealth management prospects in the US may offer ample growth opportunities to TFC. However, emergence of neobanks, regulatory requirements in the US, and risks related to online identity theft and hacking, may affect the growth of the company.
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