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TrustCo Bank Corp NY (TRST)

NASDAQ: TRST · IEX Real-Time Price · USD
33.30 0.38 (1.15%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap634.20M
Revenue (ttm)173.15M
Net Income (ttm)56.40M
Shares Out19.29M
EPS (ttm)2.92
PE Ratio11.40
Forward PEn/a
Dividend$1.36 (4.09%)
Ex-Dividend DateSep 2, 2021
Volume77,948
Open33.15
Previous Close32.92
Day's Range32.59 - 33.35
52-Week Range25.46 - 40.66
Beta1.17
AnalystsHold
Price Target33.00 (-0.9%)
Est. Earnings Daten/a

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, partnerships, and corporations. 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 an...

IndustryThrifts & Mortgage Finance
Founded1902
Employees769
Stock ExchangeNASDAQ
Ticker SymbolTRST
Full Company Profile

Financial Performance

In 2020, TRST's revenue was $165.15 million, a decrease of -5.22% compared to the previous year's $174.24 million. Earnings were $52.45 million, a decrease of -9.32%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TRST stock is "Hold" and the 12-month stock price forecast is 33.00.

Price Target
$33.00
(-0.90% downside)
Analyst Consensus: Hold

News

Earnings Preview: TrustCo Bank (TRST) Q3 Earnings Expected to Decline

TrustCo (TRST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

TrustCo to Release Third Quarter 2021 Results on October 21, 2021; Conference Call on October 22, 2021

GLENVILLE, N.Y., Oct. 12, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2021 results after the market close on October 21, 2021...

1 week ago - GlobeNewsWire

TrustCo Announces the Addition of Curtis N. Powell to the Board of Directors

GLENVILLE, N.Y., Sept. 23, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (the “Company”) (Nasdaq: TRST) announces that on September 21, 2021 Curtis N. Powell was elected to the Board of Directors of the...

1 month ago - GlobeNewsWire

TrustCo continues more than 100-year history of success, announces quarterly dividend

GLENVILLE, N.Y., Aug. 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 17, 2021 declared a quarterly cash dividend of $0.340625 per share, or...

2 months ago - GlobeNewsWire

TrustCo Bank (TRST) Surpasses Q2 Earnings and Revenue Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 8.70% and 2.59%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Trustco Bank: Q2 Earnings Insights

Shares of Trustco Bank (NASDAQ:TRST) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 539.32% year over year to $0.75, which beat the es...

3 months ago - Benzinga

TrustCo is Pleased to Report Second Quarter 2021 Results; Net Income up 28% over the Prior Year Quarter and 5.3% Aver...

GLENVILLE, N.Y., July 21, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced second quarter 2021 net income of $14.4 million or $0.748 diluted earnings per share, comp...

3 months ago - GlobeNewsWire

TrustCo Bank (TRST) Earnings Expected to Grow: Should You Buy?

TrustCo (TRST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

TrustCo to Release Second Quarter 2021 Results on July 21, 2021; Conference Call on July 22, 2021

GLENVILLE, N.Y., July 12, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2021 results after the market close on July 21, 2021. ...

3 months ago - GlobeNewsWire

TrustCo announces annual meeting results and implementation of reverse stock split

GLENVILLE, N.Y., May 20, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced the results of its 2021 Annual Meeting of Shareholders. The Compa...

5 months ago - GlobeNewsWire

TrustCo continues more than 100-year history of success, announces quarterly dividend

GLENVILLE, N.Y., May 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today declared a quarterly cash dividend of $0.068125 per share, or $0.2725 per s...

5 months ago - GlobeNewsWire

Adirondack Research & Management Inc..

Other symbols:ATENOIPCYOTIPTWLMS
5 months ago - GuruFocus

TrustCo Bank (TRST) Surpasses Q1 Earnings and Revenue Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 7.14% and 1.75%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

TrustCo is Pleased to Report First Quarter 2021 Results; Net Income of $14.1 Million and 5.2% Average Residential Loa...

GLENVILLE, N.Y., April 21, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced first quarter 2021 net income of $14.1 million or $0.146 diluted earnings per share.   Av...

6 months ago - GlobeNewsWire

TrustCo Bank (TRST) Reports Next Week: What to Expect

TrustCo (TRST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

TrustCo to Release First Quarter 2021 Results on April 21, 2021; Conference Call on April 22, 2021

GLENVILLE, New York, April 12, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2021 results after the market close on April 21, 2...

6 months ago - GlobeNewsWire

TrustCo Bank Corp NY Announces Stock Repurchase Plan

GLENVILLE, N.Y. , Feb. 18, 2021 (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 repu...

8 months ago - GlobeNewsWire

TrustCo to seek approval of reverse stock split

GLENVILLE, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it plans to seek approval for a reverse stock split of Trus...

8 months ago - GlobeNewsWire

TrustCo Bank Corp (TRST) CEO, Robert McCormick on Q4 2020 Results - Earnings Call Transcript

TrustCo Bank Corp (TRST) CEO, Robert McCormick on Q4 2020 Results - Earnings Call Transcript

Other symbols:MKC
9 months ago - Seeking Alpha

TrustCo Bank (TRST) Q4 Earnings Match Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 0.00% and -1.71%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

TrustCo is Pleased to Report Fourth Quarter and Full Year 2020 Results

GLENVILLE, N.Y., Jan. 21, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced full year 2020 net income of $52.5 million or $0.543 diluted earnings per share, and net i...

9 months ago - GlobeNewsWire

TrustCo to Release Fourth Quarter 2020 Results on January 21, 2021; Conference Call on January 22, 2021

GLENVILLE, N.Y., Jan. 11, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2020 results after the market close on January 21, 202...

9 months ago - GlobeNewsWire

TrustCo Bank: Securing A 4% Yield With New York Residential Mortgages

TrustCo Bank is focusing on residential mortgages. The company kept the loan book very robust and the current loan loss allowance is more than twice as high as the loans past due.

9 months ago - Seeking Alpha

TrustCo Bank Corp NY (TRST) CEO Robert McCormick on Q3 2020 Results - Earnings Call Transcript

TrustCo Bank Corp NY (TRST) CEO Robert McCormick on Q3 2020 Results - Earnings Call Transcript

Other symbols:MKC
1 year ago - Seeking Alpha

TrustCo Bank: Still Love It

A well-run regional bank with a near 5% dividend yield. Like other traditional banks, TrustCo will face pressures such as possible loan losses and reduced net interest income in the next few quarters.

1 year ago - Seeking Alpha