What does wealth management — adjustment to goodwill mean?

Represents periodic adjustments, such as impairment charges or reclassifications, made to the carrying value of goodwill within the wealth management segment. Significant adjustments may signal a decline in the expected future profitability or strategic value of the segment's past acquisitions.

Tompkins Financial TMP Wealth Management — Adjustment to goodwill

Other segment segments

Insurance

-$19.87M—

Banking

$1K—

Similar metrics at other companies

WSFSWealth and Trust — Goodwill adjustments

$0—

WTFCWealth management — Goodwill, Impairment Loss

$0—

WTFCWealth management — Goodwill

$72M0.0%

BOKFWealth Management — Goodwill

$90.7M0.0%

BUSEWealth Management — Goodwill

$14.11M0.0%

WFCWealth And Investment Management — Goodwill

$344M0.0%

Other financials

Income statement

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Revenue$83.7M+2.4%

Net income$26.1M+32.5%

EPS (diluted)$1.82+32.8%

Balance sheet

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Cash & equivalents$171.4M-11.2%

Total debt$122.1M-71.4%

Total equity$946.7M+27.7%

Total assets$8.7B+6.1%

Cash flow

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Operating cash flow$73.4M+230%

CapEx$2.3M+72.2%

Free cash flow$71.1M+241%

Valuation

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Market cap$1.34B+53.7%

P/E8×-3.8×

P/S3×+0.2×

Profitability

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Net margin37.3%+13.4pp

FCF margin28.8%0.0pp

Returns & leverage

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Return on equity19.8%+9.4pp

Debt / equity0.1×-0.5×

Where this comes from

Reported directly by Tompkins Financial in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPeriodIncreaseDecrease.

The official record: Tompkins Financial’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tompkins Financial's wealth management — adjustment to goodwill?: Tompkins Financial (TMP) reported wealth management — adjustment to goodwill of $0 in Q4 2025.
What does wealth management — adjustment to goodwill mean?: Represents periodic adjustments, such as impairment charges or reclassifications, made to the carrying value of goodwill within the wealth management segment. Significant adjustments may signal a decline in the expected future profitability or strategic value of the segment's past acquisitions.