TrustCo Bank Corp NY (TRST) Stock Price, News & Analysis

Company Overview

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 management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. It operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York.

Key Stats

• Today's Range: $32.82 to $33.15
• 50-Day Range: $30.60 to $35.90
• 52-Week Range: $27.18 to $38.89
• Volume: 54,557 shs
• Average Volume: 85,056 shs
• Market Capitalization: $625.57 million
• P/E Ratio: 11.70
• Dividend Yield: 4.38%
• Price Target: N/A
• Consensus Rating: N/A

TRST Stock Analysis - Frequently Asked Questions

How have TRST shares performed this year?

TrustCo Bank Corp NY's stock was trading at $33.31 on January 1st, 2025. Since then, TRST shares have decreased by 1.3% and is now trading at $32.89.

How were TrustCo Bank Corp NY's earnings last quarter?

TrustCo Bank Corp NY (NASDAQ:TRST) posted its quarterly earnings data on Monday, July, 21st. The bank reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.10. The bank had revenue of $46.60 million for the quarter, compared to the consensus estimate of $46.16 million. TrustCo Bank Corp NY had a trailing twelve-month return on equity of 7.85% and a net margin of 19.84%.
Read the conference call transcript.

When did TrustCo Bank Corp NY's stock split?

TrustCo Bank Corp NY's stock reverse split before market open on Friday, May 28th 2021.The 1-5 reverse split was announced on Thursday, May 20th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 1st 2021. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Is TrustCo Bank Corp NY doing a stock buyback?

TrustCo Bank Corp NY's Board of Directors approved a stock buyback program on Tuesday, March 18th 2025, which permits the company to buy back 0 outstanding shares, according to EventVestor. This permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

Who are TrustCo Bank Corp NY's major shareholders?

Top institutional shareholders of TrustCo Bank Corp NY include Bank of New York Mellon Corp (1.02%), Connor Clark & Lunn Investment Management Ltd. (0.40%), Acadian Asset Management LLC (0.32%) and Y Intercept Hong Kong Ltd (0.18%). Insiders that own company stock include Robert J Mccormick, Scot R Salvador, Eric W Schreck, Kevin M Curley, Robert M Leonard, Michael M Ozimek, Michael James Hall, Frank B Silverman, Kimberly Adams Russell, Lisa M Lucarelli, Curtis N Powell and Steffani Cotugno.
View institutional ownership trends.

How do I buy shares of TrustCo Bank Corp NY?

Shares of TRST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of TrustCo Bank Corp NY own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TrustCo Bank Corp NY investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Record date for 7/1 Dividend: 6/06/2025
• Ex-Dividend for 7/1 Dividend: 6/06/2025
• Dividend Payable: 7/01/2025
• Last Earnings: 7/21/2025
• Today: 8/08/2025
• Next Earnings (Estimated): 10/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:TRST
• CIK: 357301
• Web: www.trustcobank.com
• Phone: (518) 377-3311
• Fax: 518-381-3839
• Employees: 820
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $2.81
• Trailing P/E Ratio: 11.70
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $48.83 million
• Net Margins: 19.84%
• Pretax Margin: 26.01%
• Return on Equity: 7.85%
• Return on Assets: 0.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $178.86 million
• Price / Sales: 3.50
• Cash Flow: $2.85 per share
• Price / Cash Flow: 11.53
• Book Value: $36.43 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 19,020,000
• Free Float: 18,476,000
• Market Cap: $625.57 million
• Optionable: Optionable
• Beta: 0.70