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

Company Overview

TrustCo Bank Corp. NY (NASDAQ: TRST) is a bank holding company headquartered in Glens Falls, New York, that provides a full suite of community banking and financial services primarily across upstate New York and western Massachusetts. Through its wholly owned subsidiary, Trustco Bank, the company offers deposit products such as checking and savings accounts, as well as consumer, residential mortgage, and commercial lending solutions. Additional services include wealth management, trust administration, and insurance products tailored to the needs of individuals, businesses and nonprofit organizations.

Founded in 1902 as the Glens Falls Trust Company, TrustCo Bank has grown steadily through organic branch expansion and acquisitions of locally based banks. The holding company structure was established in 1983 to facilitate strategic growth while preserving the bank’s community-oriented values. Over more than a century of operations, TrustCo has built long-standing customer relationships and a reputation for personalized service, with a network of branches and ATMs that support both traditional in-branch banking and digital platforms.

TrustCo Bank caters to consumers and businesses seeking customized financial solutions, including agricultural lending, construction financing and treasury management. The company emphasizes local decision-making and community engagement, with loan officers and relationship managers who possess deep knowledge of the regional economy. Digital services such as online banking, mobile deposits and electronic payments complement its in-branch offerings to meet evolving customer preferences.

Leadership at TrustCo Bank Corp. NY is headed by Chairman, President and Chief Executive Officer Eric D. Lindstrom, supported by a senior management team with expertise in banking operations, risk management and regulatory compliance. The company remains committed to balancing steady financial performance with community development initiatives, reflecting its origins as a locally chartered bank serving the needs of northern New York communities.

Key Stats

• Today's Range: $57.08 to $57.65
• 50-Day Range: $51.67 to $57.78
• 52-Week Range: $34.31 to $58.97
• Volume: 4,769 shs
• Average Volume: 116,264 shs
• Market Capitalization: $978.71 million
• P/E Ratio: 15.96
• Dividend Yield: 2.64%
• Price Target: N/A
• Consensus Rating: Buy

TrustCo Bank Corp NY Stock Analysis - MarketRank™

TrustCo Bank Corp NY scored higher than 53% of companies evaluated by MarketBeat, and ranked 593rd out of 859 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Buy

Consensus Rating

TrustCo Bank Corp NY has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TrustCo Bank Corp NY has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TrustCo Bank Corp NY is 16.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of TrustCo Bank Corp NY is 16.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.56.

Price to Book Value per Share Ratio

TrustCo Bank Corp NY has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.71% of the float of TrustCo Bank Corp NY has been sold short.

Short Interest Ratio / Days to Cover

TrustCo Bank Corp NY has a short interest ratio ("days to cover") of 6.36.

Change versus previous month

Short interest in TrustCo Bank Corp NY has recently decreased by 3.00%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TrustCo Bank Corp NY pays a meaningful dividend of 2.69%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

TrustCo Bank Corp NY does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of TrustCo Bank Corp NY is 42.22%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

TrustCo Bank Corp NY has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for TrustCo Bank Corp NY this week, compared to 1 article on an average week.

MarketBeat Follows

Only 3 people have added TrustCo Bank Corp NY to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 3.0 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $10,458.00 in company stock, which represents 0.0011% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, TrustCo Bank Corp NY insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,458.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

3.41% of the stock of TrustCo Bank Corp NY is held by insiders.

Percentage Held by Institutions

68.57% of the stock of TrustCo Bank Corp NY is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/1 Dividend: 6/05/2026
• Ex-Dividend for 7/1 Dividend: 6/05/2026
• Dividend Payable: 7/01/2026
• Last Earnings: 7/21/2026
• Today: 8/14/2026
• Next Earnings (Estimated): 10/20/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:TRST
• CIK: 357301
• Web: www.trustcobank.com
• Phone: (518) 377-3311
• Fax: 518-381-3839
• Employees: 820
• Year Founded: 1902

Profitability

• EPS (Trailing Twelve Months): $3.60
• Trailing P/E Ratio: 16.02
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $61.14 million
• Net Margins: 22.76%
• Pretax Margin: 30.25%
• Return on Equity: 9.62%
• Return on Assets: 1.01%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.03
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $278.36 million
• Price / Sales: 3.53
• Cash Flow: $3.70 per share
• Price / Cash Flow: 15.59
• Book Value: $38.53 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 17,030,000
• Free Float: 16,447,000
• Market Cap: $982.21 million
• Optionable: Optionable
• Beta: 0.62