TrustCo Bank Corp NY (FRA:TC50)

TrustCo Bank Corp NY Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	220.85	205.6	187.46	162.21	159.17
Interest Income on Investments	38.57	37.72	38.75	24.39	8.81
Total Interest Income	259.42	243.32	226.21	186.6	167.98
Interest Paid on Deposits	89.55	90.59	53.35	5.73	6.67
Interest Paid on Borrowings	0.89	0.79	1.01	0.74	0.91
Total Interest Expense	90.44	91.38	54.36	6.47	7.57
Net Interest Income	168.97	151.94	171.85	180.14	160.41
Net Interest Income Growth (YoY)	11.21%	-11.58%	-4.60%	12.30%	4.45%
Trust Income	7.86	7.25	6.43	7.04	7.36
Gain (Loss) on Sale of Investments	-	1.38	-	-	-
Other Non-Interest Income	11.09	11.2	11.89	12.22	10.58
Total Non-Interest Income	18.95	19.83	18.32	19.26	17.94
Non-Interest Income Growth (YoY)	-4.48%	8.29%	-4.91%	7.38%	4.47%
Revenues Before Loan Losses	187.92	171.77	190.16	199.4	178.35
Provision for Loan Losses	1.6	2	1.25	-0.34	-5.45
Revenue	186.32	169.77	188.91	199.74	183.8
Revenue Growth (YoY)	9.74%	-10.13%	-5.42%	8.67%	11.29%
Salaries and Employee Benefits	48.74	44.03	48.54	43	45.72
Occupancy Expenses	18.13	7.17	7.04	7.13	7.6
Federal Deposit Insurance	4.51	4.12	4.3	3.16	3.01
Selling, General & Administrative	25.62	42	38.87	36.62	36.23
Other Non-Interest Expense	7.78	7.65	9.28	10.1	8.92
Total Non-Interest Expense	105.5	105.73	108.55	100.32	101.66
EBT Excluding Unusual Items	80.81	64.05	80.36	99.42	82.13
Legal Settlements	-	-	-2.75	-	-
Pretax Income	80.81	64.05	77.61	99.42	82.13
Income Tax Expense	19.68	15.21	18.97	24.18	20.61
Net Income	61.14	48.83	58.65	75.23	61.52
Net Income to Common	61.14	48.83	58.65	75.23	61.52
Net Income Growth	25.20%	-16.73%	-22.05%	22.29%	17.29%
Basic Shares Outstanding	19	19	19	19	19
Diluted Shares Outstanding	19	19	19	19	19
Shares Change (YoY)	-1.30%	0.06%	-0.56%	-0.68%	-0.21%
EPS (Basic)	3.26	2.57	3.08	3.93	3.19
EPS (Diluted)	3.25	2.57	3.08	3.93	3.19
EPS Growth	26.57%	-16.63%	-21.63%	23.20%	17.38%
Dividend Per Share	1.480	1.440	1.440	1.410	1.372
Dividend Growth	2.78%	-	2.13%	2.78%	0.69%
Effective Tax Rate	24.35%	23.75%	24.44%	24.32%	25.10%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.