TrustCo Bank Corp NY Company Profile (NASDAQ:TRST)

About TrustCo Bank Corp NY (NASDAQ:TRST)

TrustCo Bank Corp NY logoTrustCo Bank Corp NY is a savings and loan holding company. The Company's principal subsidiary is Trustco Bank (the Bank). The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations. It operates through community banking segment. The Bank's business consists of accepting deposits and making loans and investments. The Bank provides both personal and business banking services. The Bank's subsidiary, Trustco Realty Corp., is a real estate investment trust (REIT) formed to acquire, hold and manage real estate mortgage assets, including residential mortgage loans and mortgage backed securities. The Bank's trust department operates under the name, Trustco Financial Services, and serves as executor of estates and trustee of personal trusts, provides asset and wealth management services, and provides estate planning and related advice, provides custodial services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:TRST
  • CUSIP: 89834910
  • Web: www.trustcobank.com
Capitalization:
  • Market Cap: $886.54 million
  • Outstanding Shares: 96,101,000
Average Prices:
  • 50 Day Moving Avg: $8.52
  • 200 Day Moving Avg: $7.99
  • 52 Week Range: $6.60 - $9.30
P/E:
  • Trailing P/E Ratio: 19.38
  • P/E Growth: 3.73
Sales & Book Value:
  • Annual Revenue: $165.49 million
  • Price / Sales: 5.28
  • Book Value: $4.66 per share
  • Price / Book: 1.95
Dividend:
  • Annual Dividend: $0.26
  • Dividend Yield: 2.9%
Profitability:
  • Net Margins: 24.58%
  • Return on Equity: 10.24%
  • Return on Assets: 0.92%
Debt:
  • Current Ratio: 0.93%
  • Quick Ratio: 0.93%
Misc:
  • Average Volume: 338,723 shs.
  • Beta: 1.2
  • Short Ratio: 2.46
 

Frequently Asked Questions for TrustCo Bank Corp NY (NASDAQ:TRST)

What is TrustCo Bank Corp NY's stock symbol?

TrustCo Bank Corp NY trades on the NASDAQ under the ticker symbol "TRST."

How often does TrustCo Bank Corp NY pay dividends? What is the dividend yield for TrustCo Bank Corp NY?

TrustCo Bank Corp NY announced a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.0656 per share on Monday, October 2nd. This represents a $0.26 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Wednesday, August 30th. View TrustCo Bank Corp NY's Dividend History.

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

TrustCo Bank Corp NY (NASDAQ:TRST) announced its earnings results on Friday, April, 21st. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.00. The business earned $42.13 million during the quarter. TrustCo Bank Corp NY had a net margin of 24.58% and a return on equity of 10.24%. During the same period last year, the firm posted $0.11 EPS. View TrustCo Bank Corp NY's Earnings History.

When will TrustCo Bank Corp NY make its next earnings announcement?

TrustCo Bank Corp NY is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for TrustCo Bank Corp NY.

Where is TrustCo Bank Corp NY's stock going? Where will TrustCo Bank Corp NY's stock price be in 2017?

1 equities research analysts have issued twelve-month price objectives for TrustCo Bank Corp NY's shares. Their predictions range from $7.25 to $7.25. On average, they anticipate TrustCo Bank Corp NY's share price to reach $7.25 in the next twelve months. View Analyst Ratings for TrustCo Bank Corp NY.

Who are some of TrustCo Bank Corp NY's key competitors?

Who are TrustCo Bank Corp NY's key executives?

TrustCo Bank Corp NY's management team includes the folowing people:

  • Thomas O. Maggs, Independent Chairman of the Board
  • Robert J. McCormick, President, Chief Executive Officer of Trustco Bank
  • Michael M. Ozimek, Chief Financial Officer, Senior Vice President of TrustCo and Trustco Bank
  • Eric W. Schreck, Senior Vice President Florida Regional President, Treasurer of TrustCo Bank
  • Robert T. Cushing, Chief Operating Officer, Executive Vice President
  • Robert M. Leonard, Executive Vice President, Secretary
  • Scot R. Salvador, Executive Vice President, Chief Banking Officer of TrustCo and Trustco Bank
  • Michael Hall, Vice President, Executive Officer, Assistant Secretary of TrustCo and Trustco Bank
  • Dennis A. De Gennaro, Independent Director
  • Brian C. Flynn, Independent Director

How do I buy TrustCo Bank Corp NY stock?

Shares of TrustCo Bank Corp NY can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TrustCo Bank Corp NY's stock price today?

One share of TrustCo Bank Corp NY stock can currently be purchased for approximately $9.10.


MarketBeat Community Rating for TrustCo Bank Corp NY (NASDAQ TRST)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  43 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  132
MarketBeat's community ratings are surveys of what our community members think about TrustCo Bank Corp NY and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TrustCo Bank Corp NY (NASDAQ:TRST) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.25 (20.33% downside)
Consensus Price Target History for TrustCo Bank Corp NY (NASDAQ:TRST)
Price Target History for TrustCo Bank Corp NY (NASDAQ:TRST)
Analysts' Ratings History for TrustCo Bank Corp NY (NASDAQ:TRST)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Canaccord GenuityReiterated RatingSpeculative Buy$7.25N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for TrustCo Bank Corp NY (NASDAQ:TRST)
Earnings by Quarter for TrustCo Bank Corp NY (NASDAQ:TRST)
Earnings History by Quarter for TrustCo Bank Corp NY (NASDAQ TRST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017N/AView Earnings Details
7/21/2017Q2 2017$0.11$0.13$43.05 millionViewN/AView Earnings Details
4/21/2017Q1 2017$0.11$0.11$42.13 millionViewN/AView Earnings Details
1/23/2017Q4 2016$0.11$0.11$41.42 millionViewN/AView Earnings Details
10/21/2016Q3$0.11$0.11$41.40 millionViewN/AView Earnings Details
7/21/2016Q2$0.11$0.11$41.50 millionViewN/AView Earnings Details
4/21/2016Q1$0.11$0.11$40.75 millionViewN/AView Earnings Details
1/21/2016Q4$0.10$0.11$40.69 millionViewListenView Earnings Details
10/21/2015Q3$0.10$0.11$40.42 millionViewListenView Earnings Details
7/21/2015Q2$0.11$0.11$40.13 millionViewListenView Earnings Details
4/21/2015Q115$0.11$0.11$40.29 million$39.79 millionViewN/AView Earnings Details
1/21/2015Q314$0.11$0.11$40.32 million$40.42 millionViewN/AView Earnings Details
10/21/2014Q3$0.10$0.11$40.54 millionViewN/AView Earnings Details
7/21/2014Q214$0.11$0.13$38.97 million$39.99 millionViewN/AView Earnings Details
4/21/2014Q1 14$0.11$0.12$40.42 millionViewN/AView Earnings Details
1/21/2014Q4 13$0.11$0.11$38.67 millionViewN/AView Earnings Details
10/21/2013Q313$0.10$0.11$37.87 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TrustCo Bank Corp NY (NASDAQ:TRST)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for TrustCo Bank Corp NY (NASDAQ:TRST)
Most Recent Dividend:10/2/2017
Annual Dividend:$0.26
Dividend Yield:2.86%
Payout Ratio:56.52% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for TrustCo Bank Corp NY (NASDAQ:TRST)

Dividend History by Quarter for TrustCo Bank Corp NY (NASDAQ TRST)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/15/2017quarterly$0.073.34%8/30/20179/1/201710/2/2017
5/16/2017quarterly$0.073.48%5/31/20176/2/20177/3/2017
2/21/2017quarterly$0.073.05%3/1/20173/3/20174/3/2017
11/15/2016quarterly$0.073.26%11/30/201612/2/20161/3/2017
8/16/2016quarterly$0.073.78%8/31/20169/2/201610/3/2016
5/17/2016quarterly$0.074.12%6/1/20166/3/20167/1/2016
2/16/2016quarterly$0.074.68%3/2/20163/4/20164/1/2016
11/17/2015quarterly$0.074.04%12/2/201512/4/20151/4/2016
8/18/2015quarterly$0.074.3%9/2/20159/4/201510/1/2015
5/20/2015quarterly$0.073.84%6/3/20156/5/20157/1/2015
2/17/2015quarterly$0.073.89%3/4/20153/6/20154/1/2015
11/18/2014quarterly$0.073.76%12/3/201412/5/20141/2/2015
8/19/2014quarterly$0.073.86%9/3/20149/5/201410/1/2014
5/20/2014quarterly$0.074.01%6/4/20146/6/20147/1/2014
2/18/2014quarterly$0.074.12%3/5/20143/7/20144/1/2014
11/19/2013quarterly$0.073.71%12/4/201312/6/20131/2/2014
8/21/2013quarterly$0.074.23%9/4/20139/6/201310/1/2013
5/21/2013quarterly$0.074.72%6/5/20136/7/20137/1/2013
2/19/2013quarterly$0.074.92%2/27/20133/1/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TrustCo Bank Corp NY (NASDAQ:TRST)
Insider Ownership Percentage: 0.20%
Institutional Ownership Percentage: 57.78%
Insider Trades by Quarter for TrustCo Bank Corp NY (NASDAQ:TRST)
Institutional Ownership by Quarter for TrustCo Bank Corp NY (NASDAQ:TRST)
Insider Trades by Quarter for TrustCo Bank Corp NY (NASDAQ:TRST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2017Michael James HallInsiderBuy1,000$7.84$7,840.00View SEC Filing  
8/14/2017Gennaro Dennis A DeDirectorBuy1,000$7.88$7,880.00View SEC Filing  
8/8/2017William D PowersDirectorSell20,000$8.00$160,000.00View SEC Filing  
3/9/2017William D PowersDirectorSell10,000$8.00$80,000.00View SEC Filing  
11/10/2016Brian C FlynnDirectorBuy9,000$7.50$67,500.00View SEC Filing  
10/27/2016William D PowersDirectorSell5,000$6.98$34,900.00View SEC Filing  
12/15/2015Gennaro Dennis A DeDirectorBuy7,971$6.27$49,978.17View SEC Filing  
5/23/2014Robert J MccormickCEOBuy3,753$6.66$24,994.98View SEC Filing  
3/11/2014Thomas O MaggsDirectorBuy1,276$6.91$8,817.16View SEC Filing  
2/4/2014Scot R SalvadorEVPBuy3,893$6.42$24,993.06View SEC Filing  
12/3/2013Gennaro Dennis A DeDirectorBuy2,350$7.45$17,507.50View SEC Filing  
10/31/2013William D PowersDirectorSell12,500$6.73$84,125.00View SEC Filing  
10/29/2013Robert J MccormickCEOBuy3,641$6.87$25,013.67View SEC Filing  
8/2/2013Robert J MccormickCEOBuy4,181$5.98$25,002.38View SEC Filing  
5/20/2013Anthony J Md Phd MarinelloDirectorBuy5,000$5.65$28,250.00View SEC Filing  
5/9/2013Robert J MccormickCEOBuy4,473$5.59$25,004.07View SEC Filing  
4/29/2013Thomas O MaggsDirectorBuy1,650$5.28$8,712.00View SEC Filing  
3/13/2013Robert J MccormickCEOBuy4,642$5.39$25,020.38View SEC Filing  
2/4/2013Scot R SalvadorEVPBuy4,745$5.27$25,006.15View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TrustCo Bank Corp NY (NASDAQ:TRST)
Latest Headlines for TrustCo Bank Corp NY (NASDAQ:TRST)
Source:
DateHeadline
americanbankingnews.com logoTrustCo Bank Corp NY's (TRST) Speculative Buy Rating Reaffirmed at Canaccord Genuity
www.americanbankingnews.com - October 18 at 2:30 PM
finance.yahoo.com logoCannTrust™ Reports Record Revenue and Patient Growth for the Current Quarter
finance.yahoo.com - October 17 at 8:19 AM
finance.yahoo.com logoCannTrust™ Reports Record Revenue and Patient Growth for the Current Quarter
finance.yahoo.com - October 17 at 8:19 AM
finance.yahoo.com logoTrustCo to Release Third Quarter 2017 Results on October 23, 2017; Conference Call on October 24, 2017
finance.yahoo.com - October 13 at 9:31 AM
feeds.benzinga.com logoTrustCo to Release Third Quarter 2017 Results on October 23, 2017; Conference Call on October 24, 2017
feeds.benzinga.com - October 12 at 3:14 PM
americanbankingnews.com logoTrustCo Bank Corp NY (TRST) Set to Announce Earnings on Thursday
www.americanbankingnews.com - October 12 at 1:44 AM
finance.yahoo.com logoCanntrust™ Reports Receiving its Health Canada Cultivation Licence for its Niagara Greenhouse Facility
finance.yahoo.com - October 10 at 7:42 AM
finance.yahoo.com logoETFs with exposure to TrustCo Bank Corp. NY : October 2, 2017
finance.yahoo.com - October 3 at 1:54 PM
finance.yahoo.com logoTrustCo Bank Corp. NY : TRST-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 23 at 10:14 AM
americanbankingnews.com logoReviewing TrustCo Bank Corp NY (TRST) and ING Group, N.V. (ING)
www.americanbankingnews.com - September 21 at 2:28 PM
thestreet.com logoBullish Two Hundred Day Moving Average Cross - TRST
www.thestreet.com - September 17 at 8:45 AM
americanbankingnews.com logoTrustCo Bank Corp NY (TRST) Short Interest Update
www.americanbankingnews.com - September 17 at 1:20 AM
finance.yahoo.com logoETFs with exposure to TrustCo Bank Corp. NY : September 14, 2017
finance.yahoo.com - September 14 at 11:41 AM
finance.yahoo.com logoTrustCo Bank Corp. NY :TRST-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017
finance.yahoo.com - September 13 at 10:22 AM
finance.yahoo.com logoTrustCo Bank Corp. NY breached its 50 day moving average in a Bullish Manner : TRST-US : September 4, 2017
finance.yahoo.com - September 5 at 9:26 AM
finance.yahoo.com logoTrustCo Bank Corp. NY – Value Analysis (NASDAQ:TRST) : August 30, 2017
finance.yahoo.com - August 30 at 1:43 AM
finance.yahoo.com logoCannTrust™ Reports Strong Revenue, Patient Growth and Net Income for the Current Quarter
finance.yahoo.com - August 29 at 8:56 AM
americanbankingnews.com logoTrustCo Bank Corp NY (TRST) Sees Large Growth in Short Interest
www.americanbankingnews.com - August 28 at 1:48 AM
finance.yahoo.com logoTrustCo Bank Corp. NY breached its 50 day moving average in a Bullish Manner : TRST-US : August 23, 2017
finance.yahoo.com - August 23 at 12:49 PM
finance.yahoo.com logoCannTrust™ begins trading today under the stock symbol "TRST"
finance.yahoo.com - August 22 at 7:18 AM
finance.yahoo.com logoCannTrust™ Shares to Begin Trading on Monday, August 21 Under the Stock Symbol "TRST"
finance.yahoo.com - August 17 at 8:32 AM
americanbankingnews.com logoTrustCo Bank Corp NY (TRST) Announces Quarterly Dividend of $0.07
www.americanbankingnews.com - August 15 at 7:24 PM
finance.yahoo.com logoTrustCo Bank Corp. NY breached its 50 day moving average in a Bearish Manner : TRST-US : August 11, 2017
finance.yahoo.com - August 11 at 3:18 PM
nasdaq.com logoTrustco Bank Corp N Y Buys Medtronic PLC, Bristol-Myers Squibb Company, Automatic Data ...
www.nasdaq.com - August 11 at 8:54 AM
americanbankingnews.com logoInsider Selling: TrustCo Bank Corp NY (TRST) Director Sells 20,000 Shares of Stock
www.americanbankingnews.com - August 10 at 4:22 PM
seekingalpha.com logoTrustCo: A Dazzling Regional Bank
seekingalpha.com - July 26 at 9:09 AM
finance.yahoo.com logoInvestor Network: TrustCo Bank Corp NY to Host Earnings Call
finance.yahoo.com - July 25 at 7:47 AM
finance.yahoo.com logoEdited Transcript of TRST earnings conference call or presentation 24-Jul-17 1:00pm GMT
finance.yahoo.com - July 25 at 7:47 AM
finance.yahoo.com logoTrustCo posts 2Q profit
finance.yahoo.com - July 22 at 9:47 AM
finance.yahoo.com logoTrustCo Bank Corp. NY breached its 50 day moving average in a Bearish Manner : TRST-US : July 19, 2017
finance.yahoo.com - July 20 at 8:54 AM
americanbankingnews.com logoTrustCo Bank Corp NY (TRST) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 17 at 7:58 AM
finance.yahoo.com logoTrustCo Bank Corp. NY – Value Analysis (NASDAQ:TRST) : July 5, 2017
finance.yahoo.com - July 6 at 2:22 PM
finance.yahoo.com logoTrustCo Bank Corp. NY breached its 50 day moving average in a Bullish Manner : TRST-US : July 4, 2017
finance.yahoo.com - July 4 at 7:07 PM
bizjournals.com logoHow this bank grew its average deposits to highest level since before the financial crisis
www.bizjournals.com - May 22 at 8:29 AM
seekingalpha.com logoTrustCo: A Bank Worth A Look
seekingalpha.com - May 2 at 6:20 PM
seekingalpha.com logoTrustco Bank's (TRST) CEO, Robert McCormick on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 25 at 7:16 PM
rttnews.com logoTrustCo Bank Corp NY Announces 5% Gain In Q1 Earnings
www.rttnews.com - April 21 at 8:07 PM
feeds.benzinga.com logoTrustCo to Release First Quarter 2017 Results on April 21, 2017; Conference Call on April 24, 2017
feeds.benzinga.com - April 14 at 12:07 PM
bizjournals.com logoBank CEO signs new contract with the area's largest 'golden parachute'
www.bizjournals.com - April 7 at 1:05 PM
biz.yahoo.com logoTRUSTCO BANK CORP N Y Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
biz.yahoo.com - March 24 at 8:43 PM
biz.yahoo.com logoTRUSTCO BANK CORP N Y Files SEC form 10-K, Annual Report
biz.yahoo.com - March 4 at 2:13 AM
rttnews.com logoEARNINGS SUMMARY: Details of TrustCo Bank Corp NY Q4 Earnings Report
www.rttnews.com - January 24 at 8:38 AM
biz.yahoo.com logoQ4 2016 TrustCo Bank Corp N Y Earnings Release - After Market Close
us.rd.yahoo.com - January 24 at 12:34 AM
us.rd.yahoo.com logoTrustCo Announces Increased Fourth Quarter and Full Year 2016 Earnings
us.rd.yahoo.com - January 24 at 12:34 AM
biz.yahoo.com logoTRUSTCO BANK CORP N Y Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
us.rd.yahoo.com - January 24 at 12:34 AM
biz.yahoo.com logoTRUSTCO BANK CORP N Y Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 14 at 6:41 AM
nasdaq.com logoTrustCo Bank Corp NY (TRST) Ex-Dividend Date Scheduled...
www.nasdaq.com - November 30 at 10:16 AM
biz.yahoo.com logoTRUSTCO BANK CORP N Y Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statemen
biz.yahoo.com - November 18 at 7:36 PM
seekingalpha.com logoTrustCo Bank Corp NY declares $0.065625 dividend
seekingalpha.com - November 16 at 11:52 AM
biz.yahoo.com logoTRUSTCO BANK CORP N Y Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 4 at 7:36 PM

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Chart

TrustCo Bank Corp NY (TRST) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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