TrustCo Bank Corp NY (TRST)

NASDAQ: TRST · IEX Real-Time Price · USD
35.72
-0.07 (-0.20%)
At close: Aug 19, 2022 4:00 PM
35.71
-0.02 (-0.04%)
After-hours: Aug 19, 2022 4:05 PM EDT
-0.20%
Market Cap 684.55M
Revenue (ttm) 188.75M
Net Income (ttm) 67.96M
Shares Out 19.16M
EPS (ttm) 3.54
PE Ratio 10.09
Forward PE n/a
Dividend $1.39 (3.89%)
Ex-Dividend Date Jun 2, 2022
Volume 102,492
Open 35.80
Previous Close 35.79
Day's Range 35.38 - 35.82
52-Week Range 29.50 - 37.10
Beta 0.96
Analysts Sell
Price Target 33.66 (-5.8%)
Earnings Date Jul 21, 2022

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... [Read more...]

Industry Thrifts & Mortgage Finance
Founded 1902
Employees 793
Stock Exchange NASDAQ
Ticker Symbol TRST
Full Company Profile

Financial Performance

In 2021, TRST's revenue was $183.80 million, an increase of 11.29% compared to the previous year's $165.15 million. Earnings were $61.52 million, an increase of 17.29%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TRST stock is "Sell." The 12-month stock price forecast is 33.66, which is a decrease of -5.77% from the latest price.

Price Target
$33.66
(-5.77% downside)
Analyst Consensus: Sell
Stock Forecasts

News

TrustCo Declares Cash Dividend

GLENVILLE, N.Y., Aug. 16, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 16, 2022 declared a quarterly cash dividend of $0.35 per share, or $1....

Best Momentum Stocks to Buy for July 28th

NPSNY, WASH, and TRST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 28, 2022.

Other symbols: NPSNYWASH

Best Income Stocks to Buy for July 28th

TRST, IBA, and EVBN made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 28, 2022.

Other symbols: EVBNIBA

TrustCo Bank (TRST) Beats Q2 Earnings and Revenue Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 20.78% and 4.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

TrustCo Reports Historic Performance – Past and Present; Net Income of $17.9 Million up 24% over the Prior Year Quarter

GLENVILLE, N.Y., July 21, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced second quarter 2022 net income of $17.9 million or $0.933 diluted earnings per share, comp...

TrustCo Bank (TRST) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TrustCo Bank (TRST) have what it takes?

TrustCo to Release Second Quarter 2022 Results on July 21, 2022; Conference Call on July 22, 2022

GLENVILLE, N.Y., July 12, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2022 results after the market close on July 21, 2022. ...

Why TrustCo Bank (TRST) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TrustCo Bank (TRST) have what it takes?

Why TrustCo Bank (TRST) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TrustCo Bank (TRST) have what it takes?

TrustCo Bank (TRST) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TrustCo Bank (TRST) have what it takes?

Best Income Stocks to Buy for May 3rd

BSM, TRST, and CHMG made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 3, 2022.

Other symbols: BSMCHMG

Best Income Stocks to Buy for April 29th

GRIN, VINP, and TRST made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 29, 2022.

Other symbols: GRINVINP

TrustCo Bank (TRST) Q1 Earnings and Revenues Beat Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 28.99% and 1.80%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

TrustCo Reports Historic First Quarter 2022 Earnings; Net Income of $17.1 Million up 21.3% over the prior year quarter

GLENVILLE, N.Y., April 21, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced historic earnings which sets the tone for 2022. First quarter net income was $17.1 millio...

TrustCo to Release First Quarter 2022 Results on April 21, 2022; Conference Call on April 22, 2022

GLENVILLE, N.Y., April 12, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2022 results after the market close on April 21, 2022....

TrustCo Bank Corp NY Announces Stock Repurchase Plan

GLENVILLE, N.Y., March 09, 2022 (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...

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

GLENVILLE, N.Y., Feb. 15, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on February 15, 2022 declared a quarterly cash dividend of $0.35 per share, or $...

TrustCo Bank (TRST) Surpasses Q4 Earnings and Revenue Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 14.86% and 1.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

TrustCo Enters Its 120ᵗʰ Year; Posts Record Earnings; Net Income of $61.5 million up 17.3% over the prior year

GLENVILLE, New York, Jan. 24, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced full year 2021 net income of $61.5 million or $3.194 diluted earnings per share, compa...

TrustCo Bank (TRST) Reports Next Week: Wall Street Expects Earnings Growth

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.

TrustCo to Release Fourth Quarter 2021 Results on January 24, 2022; Conference Call on January 25, 2022

GLENVILLE, N.Y., Jan. 10, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2021 results after the market close on January 24, 202...

More good news: TrustCo announces significant increase in quarterly dividend

GLENVILLE, N.Y., Nov. 16, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 16, 2021 declared an increase in the quarterly cash dividend of 2.8%...

TrustCo Bank (TRST) Beats Q3 Earnings Estimates

TrustCo (TRST) delivered earnings and revenue surprises of 20.83% and -0.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

TrustCo Announces Record Earnings for Third Quarter 2021; Net Income of $16.8 million up 19.1% over the prior year qu...

GLENVILLE, N.Y., Oct. 21, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced third quarter 2021 net income of $16.8 million or $0.871 diluted earnings per share, compa...

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.