TrustCo Bank Corp NY (TRST)
Market Cap | 546.19M |
Revenue (ttm) | 178.40M |
Net Income (ttm) | 53.03M |
Shares Out | 19.02M |
EPS (ttm) | 2.78 |
PE Ratio | 10.33 |
Forward PE | 11.73 |
Dividend | $1.44 (5.02%) |
Ex-Dividend Date | Jun 7, 2024 |
Volume | 54,238 |
Open | 28.38 |
Previous Close | 28.45 |
Day's Range | 28.28 - 28.96 |
52-Week Range | 23.78 - 32.10 |
Beta | 0.85 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jul 22, 2024 |
About TRST
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth manageme... [Read more]
Financial Performance
In 2023, TRST's revenue was $188.91 million, a decrease of -5.42% compared to the previous year's $199.74 million. Earnings were $58.65 million, a decrease of -22.05%.
Financial StatementsNews
![](https://cdn.snapi.dev/images/v1/z/l/press6-2442371.jpg)
With Steadfast Reliability; TrustCo Reports Quarterly Dividend of $0.36 per Share
GLENVILLE, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on May 21, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.4...
![](https://cdn.snapi.dev/images/v1/v/s/press2-2384069.jpg)
Loans Reach Another All-Time High, Credit Quality Remains Solid; TrustCo Reports Net Income of $12.1 Million and Capital Up 3%
Executive Snapshot: Average Loan portfolio continues to grow: On average, total loans were up $249.4 million or 5.2% for the first quarter 2024 compared to first quarter 2023 Continued solid financial...
![](https://cdn.snapi.dev/images/v1/h/6/conf9-2366106.jpg)
TrustCo to Release First Quarter 2024 Results on April 22, 2024; Conference Call on April 23, 2024
GLENVILLE, N.Y., April 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2024 results after the market close on April 22, 202...
![](https://cdn.snapi.dev/images/v1/c/8/press6-2348473.jpg)
TrustCo Bank Corp NY Announces Stock Repurchase Plan
GLENVILLE, N.Y., March 29, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that its Board of Directors has approved a stock repurchase program. Under the stock re...
![](https://cdn.snapi.dev/images/v1/z/y/press12-2286927.jpg)
Strong Capital Supports TrustCo's Consistent Dividend; Annualized Payout of $1.44 per share
GLENVILLE, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on February 20, 2024, declared a quarterly cash dividend of $0.36 per share, o...
![](https://cdn.snapi.dev/images/v1/l/z/press6-2239083.jpg)
TrustCo's Total Loans Surpass $5 Billion - Reach All-Time High; Nonperforming Assets to Total Assets at 0.29%, Lowest in 17 Years
Executive Snapshot: Loan portfolio reaches all-time high: At $5.0 billion as of December 31, 2023, loans continued to set new all-time highs On average, total loans were up $309.9 million or 6.6% for ...
![](https://cdn.snapi.dev/images/v1/t/j/conf8-2224700.jpg)
TrustCo to Release Fourth Quarter 2023 Results on January 22, 2024; Conference Call on January 23, 2024
GLENVILLE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2023 results after the market close on January 22, 2...
![](https://cdn.snapi.dev/images/v1/r/y/press1-2167868.jpg)
Strong Capital Supports TrustCo's Consistent Dividend; Annualized Payout of $1.44 per share
GLENVILLE, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 21, 2023, declared a quarterly cash dividend of $0.36 per share, o...
![](https://cdn.snapi.dev/images/v1/b/v/press20-2115994.jpg)
TrustCo's Home Town Approach to Customer Relationships Propels Loans to All Time High
Reports Third Quarter Net Income Of $14.7 million Executive Snapshot: Loan portfolio reaches all-time high: Total loans were up $330.8 million or 7.1% for the third quarter 2023 compared to third quar...
![](https://cdn.snapi.dev/images/v1/4/q/press15-2107508.jpg)
TrustCo Announces the Addition of Steffani Cotugno to the Board of Directors
GLENVILLE, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- On October 17, 2023, TrustCo Bank Corp NY (the "Company") (Nasdaq: TRST) announced that Steffani Cotugno, D.O. was elected to the Boards of Directors...
![](https://cdn.snapi.dev/images/v1/t/d/conf14-2097626.jpg)
TrustCo to Release Third Quarter 2023 Results on October 23, 2023; Conference Call on October 24, 2023
GLENVILLE, N.Y., Oct. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2023 results after the market close on October 23, 20...
![](https://cdn.snapi.dev/images/v1/8/h/how-to-4x-your-income-beat-back-volatility-2047845.jpg)
How To 4X Your Income & Beat Back Volatility
Today we'll discuss five of the steadiest dividend stocks on the planet. And let's not confuse stability with penny pinching—these cash cows yield up to 11%!
![](https://cdn.snapi.dev/images/v1/l/i/press11-2024289.jpg)
Buoyed by Strong Liquidity and Deposit Stability, TrustCo Declares Dividend
GLENVILLE, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 15, 2023, declared a quarterly cash dividend of $0.36 per share, or ...
![](https://cdn.snapi.dev/images/v1/d/w/press20-1985080.jpg)
TrustCo Reports Second Quarter Net Income of $16.4 Million and $346 Million of Loan Growth; Maintains Strong Liquidity and Demonstrates Deposit Stability
Executive Snapshot: Continued solid financial results: Key metrics for second quarter 2023: Net income of $16.4 million in the second quarter 2023 Net interest income of $44.1 million up 2.3% compared...
![](https://cdn.snapi.dev/images/v1/z/x/conf10-1964849.jpg)
TrustCo to Release Second Quarter 2023 Results on July 24, 2023; Conference Call on July 25, 2023
GLENVILLE, N.Y., July 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2023 results after the market close on July 24, 2023...
![](https://cdn.snapi.dev/images/v1/s/b/press14-1893127.jpg)
Built on an Independent and Strong Foundation, TrustCo Declares Dividend
GLENVILLE, N.Y., May 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on May 16, 2023, declared a quarterly cash dividend of $0.36 per share, or $1.4...
![](https://cdn.snapi.dev/images/v1/m/8/press9-1850789.jpg)
TrustCo Demonstrates Strength and Stability; Reports First Quarter Net Income of $17.7 Million and 7.0% Average Loan Growth – Both Up Year Over Year
Executive Snapshot: Continued solid financial results: Key metrics for first quarter 2023: Net income of $17.7 million in the first quarter 2023 up 3.8% compared to $17.1 million in the first quarter ...
![](https://cdn.snapi.dev/images/v1/e/j/conf7-1833205.jpg)
TrustCo to Release First Quarter 2023 Results on April 24, 2023; Conference Call on April 25, 2023
GLENVILLE, N.Y., April 11, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2023 results after the market close on April 24, 202...
![](https://cdn.snapi.dev/images/v1/p/z/press3-1765180.jpg)
TrustCo dividend offers stability in a volatile environment
GLENVILLE, N.Y., Feb. 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on February 21, 2023 declared a quarterly cash dividend of $0.36 per share, or...
![](https://cdn.snapi.dev/images/v1/3/d/press12-1719100.jpg)
TrustCo Caps Off 120th Anniversary Year, Reports Record Performance; Net Income of $75.2 Million up 22.3% over the prior year
GLENVILLE, N.Y., Jan. 23, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced full year 2022 net income of $75.2 million or $3.93 diluted earnings per share, compared...
![](https://cdn.snapi.dev/images/v1/j/t/conf1-1703271.jpg)
TrustCo to Release Fourth Quarter 2022 Results on January 23, 2023; Conference Call on January 24, 2023
GLENVILLE, N.Y., Jan. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2022 results after the market close on January 23, 2...
![](https://cdn.snapi.dev/images/v1/h/y/press17-1638599.jpg)
TrustCo Caps Off Year of Historic Celebrations and Achievement with Dividend Increase
GLENVILLE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 15, 2022 declared an increase in the quarterly cash dividend of 2....
![](https://cdn.snapi.dev/images/v1/b/0/press20-1596068.jpg)
TrustCo Reports Another Record Quarter; Net Income of $19.4 Million up 15.5% over the Prior Year Quarter
GLENVILLE, N.Y., Oct. 24, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced third quarter 2022 net income of $19.4 million or $1.013 diluted earnings per share, com...
![](https://cdn.snapi.dev/images/v1/d/6/press3-1587860.jpg)
TrustCo Announces the Addition of Alejandro “Alex” M. Sanchez to the Board of Directors
GLENVILLE, N.Y., Oct. 18, 2022 (GLOBE NEWSWIRE) -- On October 18, 2022, TrustCo Bank Corp NY (the “Company”) (Nasdaq: TRST) announced that Alejandro “Alex” M. Sanchez was elected to the Board of Direc...
![](https://cdn.snapi.dev/images/v1/p/u/conf17-1578107.jpg)
TrustCo to Release Third Quarter 2022 Results on October 24, 2022; Conference Call on October 25, 2022
GLENVILLE, N.Y., Oct. 11, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2022 results after the market close on October 24, 20...