Amalgamated Financial Corp. (AMAL) vs Tompkins Financial Corporation (TMP)

Amalgamated Financial Corp. and Tompkins Financial Corporation are both Banks Regional companies. Amalgamated Financial Corp. and Tompkins Financial Corporation are of similar size ($1.4B and $1.4B). Tompkins Financial Corporation trades at the lower P/E: 8.1× against 12.6×. Tompkins Financial Corporation grew revenue faster over the last twelve months: 28.2% against 10.9%. Tompkins Financial Corporation has the higher net margin (30.1% vs 23.3%) and the lower return on invested capital (11.2% vs 13.9%). Both pay a dividend; Tompkins Financial Corporation yields more (4.97% vs 1.66%). Across the 20 metrics below, Tompkins Financial Corporation leads on 12 and Amalgamated Financial Corp. on 8.

Valuation

Metric AMAL TMP Banks Regional median
P/E 12.55 8.10 12.15
P/S 2.93 2.43 2.37
P/B 1.70 1.48 1.21
Price to free cash flow 9.70 27.88 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.60 3.12 2.27
Earnings yield 7.97% 12.34% 8.11%
Free cash flow yield 10.31% 3.59% 8.98%

Profitability

Metric AMAL TMP Banks Regional median
Gross margin 74.61% 77.87% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.34% 30.13% 18.66%
Free cash flow margin 30.17% 8.73% 21.18%
Return on equity 14.28% 20.36% 10.64%
Return on assets 1.26% 2.04% 1.13%
Return on invested capital 13.89% 11.22% 8.33%

Growth

Metric AMAL TMP Banks Regional median
Revenue growth (TTM) 10.87% 28.16% 6.61%
EPS growth (last fiscal year) (0.87%) 126.16% —
Revenue growth, 5-year CAGR 14.42% 12.02% 12.30%
Net income growth, 5-year CAGR 17.73% 15.73% 9.71%

Health

Metric AMAL TMP Banks Regional median
Debt to equity 0.08 0.57 0.22
Current ratio 0.64 0.95 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric AMAL TMP Banks Regional median
Dividend yield 1.66% 4.97% 3.75%
Payout ratio 0.14 0.50 0.27

Size

Metric AMAL TMP Banks Regional median
Market cap 1.41b 1.41b 921.07m

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