Is Tompkins Financial Corp. overvalued or undervalued?

As of 28 August 2025, the valuation grade for Tompkins Financial Corp. has moved from expensive to fair, indicating a more favorable assessment of its current market position. The company appears to be fairly valued based on its P/E ratio of 12, a Price to Book Value of 1.22, and an EV to EBITDA of 13.16. In comparison to peers, Berkshire Hills Bancorp, Inc. has a lower P/E of 10.31, while Byline Bancorp, Inc. shows a P/E of 11.72, suggesting that Tompkins is competitively priced within its industry.
Despite a fair valuation, Tompkins has underperformed the S&P 500 in the year-to-date period, returning 4.81% compared to the index's 12.22%. However, over the past year, it has slightly outperformed the S&P 500, with an 18.92% return versus 17.14%. Overall, the analysis suggests that Tompkins Financial Corp. is fairly valued at this time.