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

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$9.25 -0.05 (-0.54 %)
(As of 08/19/2018 09:40 AM ET)
Previous Close$9.25
Today's Range$9.20 - $9.30
52-Week Range$7.51 - $9.70
Volume1.67 million shs
Average Volume315,216 shs
Market Capitalization$893 million
P/E Ratio16.23
Dividend Yield2.85%
TrustCo Bank Corp NY logoTrustCo Bank Corp NY operates as the holding company for Trustco 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. Further, it provides retirement planning services; and operates 157 automatic teller machines. As of May 15, 2018, it operated 145 offices in New York, Florida, Massachusetts, New Jersey, and Vermont. TrustCo Bank Corp NY was founded in 1902 and is headquartered in Glenville, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance


Debt-to-Equity RatioN/A
Current Ratio0.96
Quick Ratio0.96


Trailing P/E Ratio16.23
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$187.33 million
Price / Sales4.77
Cash Flow$0.5854 per share
Price / Cash15.80
Book Value$4.76 per share
Price / Book1.94


EPS (Most Recent Fiscal Year)N/A
Net Income$43.14 million
Net Margins26.07%
Return on Equity11.98%
Return on Assets1.13%


Outstanding Shares96,540,000
Market Cap$893 million

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 Tuesday, May 15th. Shareholders of record on Friday, June 1st will be given a dividend of $0.0656 per share on Monday, July 2nd. This represents a $0.26 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Thursday, May 31st. 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 results on Monday, July, 23rd. The bank reported $0.16 earnings per share for the quarter, hitting analysts' consensus estimates of $0.16. The bank earned $44.60 million during the quarter. TrustCo Bank Corp NY had a return on equity of 11.98% and a net margin of 26.07%. 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, October, 22nd 2018. View Earnings Estimates for TrustCo Bank Corp NY.

What price target have analysts set for TRST?

2 brokerages have issued 1 year target prices for TrustCo Bank Corp NY's shares. Their forecasts range from $9.00 to $9.50. On average, they expect TrustCo Bank Corp NY's stock price to reach $9.25 in the next year. View Analyst Price Targets for TrustCo Bank Corp NY.

What is the consensus analysts' recommendation for TrustCo Bank Corp NY?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrustCo Bank Corp NY in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." 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:
  • Mr. Robert Joseph McCormick, Pres, CEO & Director (Age 54)
  • Mr. Michael M. Ozimek, Sr. VP & CFO (Age 44)
  • Mr. Robert Michael Leonard, Exec. VP of Personnel & Chief Risk Officer (Age 55)
  • Mr. Scot Reynold Salvador, Exec. VP & Chief Banking Officer (Age 51)
  • Mr. Eric W. Schreck, Sr. VP & Treasurer (Age 51)

Has TrustCo Bank Corp NY been receiving favorable news coverage?

Media coverage about TRST stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TrustCo Bank Corp NY earned a media and rumor sentiment score of 0.16 on Accern's scale. They also assigned news stories about the bank an impact score of 46.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for TrustCo Bank Corp NY.

Who are TrustCo Bank Corp NY's major shareholders?

TrustCo Bank Corp NY's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.81%), Dimensional Fund Advisors LP (5.88%), Royce & Associates LP (2.86%), Renaissance Technologies LLC (1.50%), Bank of New York Mellon Corp (1.42%) and Systematic Financial Management LP (1.07%). Company insiders that own TrustCo Bank Corp NY stock include Brian C Flynn, Eric W Schreck, Gennaro Dennis A De, Michael James Hall 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 First Trust Advisors LP, Martingale Asset Management L P, Russell Investments Group Ltd., NJ State Employees Deferred Compensation Plan, Pinebridge Investments L.P., Bank of America Corp DE, Arizona State Retirement System and Municipal Employees Retirement System of Michigan. Company insiders that have sold TrustCo Bank Corp NY company stock in the last year include Eric W Schreck 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, WBI Investments Inc., Systematic Financial Management LP, Renaissance Technologies LLC, Alps Advisors Inc., Alps Advisors Inc. and Alps Advisors Inc.. Company insiders that have bought TrustCo Bank Corp NY stock in the last two years include Brian C Flynn, Gennaro Dennis A De 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 $9.25.

How big of a company is TrustCo Bank Corp NY?

TrustCo Bank Corp NY has a market capitalization of $893 million and generates $187.33 million in revenue each year. TrustCo Bank Corp NY employs 846 workers across the globe.

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:  1.9 out of 5 (star)
Outperform Votes:  91 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  239
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 8/19/2018 by Staff

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