NASDAQ:TRST - TrustCo Bank Corp NY Stock Price, News, & Analysis

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$7.78 +0.09 (+1.17 %)
(As of 05/21/2019 04:27 AM ET)
Previous Close$7.69
Today's Range$7.64 - $7.84
52-Week Range$6.51 - $9.45
Volume86,707 shs
Average Volume233,590 shs
Market Capitalization$753.28 million
P/E Ratio12.02
Dividend Yield3.51%
Beta1.09
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 is primarily involved in accepting deposits, and making 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. As of December 31, 2018, it operated through 148 banking offices and 161 automatic teller machines in New York, Florida, Vermont, Massachusetts, and New Jersey. The company was founded in 1902 and is headquartered in Glenville, New York.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:TRST
CUSIP89834910
Phone518-377-3311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$198.99 million
Cash Flow$0.7190 per share
Book Value$5.18 per share

Profitability

Net Income$61.44 million

Miscellaneous

Employees899
Market Cap$753.28 million
Next Earnings Date7/22/2019 (Estimated)
OptionableOptionable

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

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 declared a quarterly dividend on Wednesday, February 20th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.0681 per share on Monday, April 1st. This represents a $0.27 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Thursday, February 28th. This is an increase from TrustCo Bank Corp NY's previous quarterly dividend of $0.07. View TrustCo Bank Corp NY's Dividend History.

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

TrustCo Bank Corp NY (NASDAQ:TRST) issued its quarterly earnings data on Monday, April, 22nd. The bank reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.01. The bank had revenue of $44.37 million for the quarter. TrustCo Bank Corp NY had a net margin of 30.17% and a return on equity of 12.62%. View TrustCo Bank Corp NY's Earnings History.

When is TrustCo Bank Corp NY's next earnings date?

TrustCo Bank Corp NY is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for TrustCo Bank Corp NY.

Has TrustCo Bank Corp NY been receiving favorable news coverage?

News headlines about TRST stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TrustCo Bank Corp NY earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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

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

Based on aggregate information from My MarketBeat watchlists, some companies that other TrustCo Bank Corp NY investors own include Ballard Power Systems (BLDP), Arbutus Biopharma (ABUS), General Electric (GE), Plug Power (PLUG), CannTrust (CTST), Orchid Island Capital (ORC), Rite Aid (RAD), Verizon Communications (VZ), Smart Global (SGH) and SpartanNash (SPTN).

Who are TrustCo Bank Corp NY's key executives?

TrustCo Bank Corp NY's management team includes the folowing people:
  • Mr. Robert Joseph McCormick, Pres, CEO & Chairman (Age 55)
  • Mr. Michael M. Ozimek, Exec. VP & CFO (Age 45)
  • Mr. Robert Michael Leonard, Exec. VP of Personnel & Chief Risk Officer (Age 56)
  • Mr. Eric W. Schreck, Exec. Officer & Treasurer (Age 52)
  • Mr. Scot Reynold Salvador, Exec. VP & Chief Lending Officer (Age 52)

Who are TrustCo Bank Corp NY's major shareholders?

TrustCo Bank Corp NY's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.54%), Dimensional Fund Advisors LP (6.03%), Royce & Associates LP (3.01%), Renaissance Technologies LLC (1.71%), Geode Capital Management LLC (1.27%) and Goldman Sachs Group Inc. (1.26%). Company insiders that own TrustCo Bank Corp NY stock include Eric W Schreck, Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli, Michael James Hall, Robert M Leonard and William D Powers. View Institutional Ownership Trends for TrustCo Bank Corp NY.

Which institutional investors are selling TrustCo Bank Corp NY stock?

TRST stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Morgan Stanley, AQR Capital Management LLC, Voya Investment Management LLC, BlackRock Inc., Context BH Capital Management LP, California Public Employees Retirement System and First Manhattan Co.. Company insiders that have sold TrustCo Bank Corp NY company stock in the last year include Eric W Schreck, Robert M Leonard and William D Powers. View Insider Buying and Selling for TrustCo Bank Corp NY.

Which institutional investors are buying TrustCo Bank Corp NY stock?

TRST stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Geode Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Parametric Portfolio Associates LLC, Acadian Asset Management LLC, Martingale Asset Management L P and Wells Fargo & Company MN. Company insiders that have bought TrustCo Bank Corp NY stock in the last two years include Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli and Michael James Hall. View Insider Buying and Selling for TrustCo Bank Corp NY.

How do I buy shares of TrustCo Bank Corp NY?

Shares of TRST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 TRST stock can currently be purchased for approximately $7.78.

How big of a company is TrustCo Bank Corp NY?

TrustCo Bank Corp NY has a market capitalization of $753.28 million and generates $198.99 million in revenue each year. TrustCo Bank Corp NY employs 899 workers across the globe.

What is TrustCo Bank Corp NY's official website?

The official website for TrustCo Bank Corp NY is http://www.trustcobank.com.

How can I contact TrustCo Bank Corp NY?

TrustCo Bank Corp NY's mailing address is 5 SARNOWSKI DRIVE, GLENVILLE NY, 12302. The bank can be reached via phone at 518-377-3311 or via email at [email protected]


MarketBeat Community Rating for TrustCo Bank Corp NY (NASDAQ TRST)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  179 (Vote Underperform)
Total Votes:  303
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 TRST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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