TrustCo Bank Corp NY Stock Forecast, Price & News

TrustCo Bank Corp NY's stock was trading at $6.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRST shares have increased by 2.8% and is now trading at $6.29.
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1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrustCo Bank Corp NY in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
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TrustCo Bank Corp NY is scheduled to release its next quarterly earnings announcement on Tuesday, January 19th 2021.
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TrustCo Bank Corp NY (NASDAQ:TRST) announced its quarterly earnings data on Wednesday, October, 21st. The bank reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.03. TrustCo Bank Corp NY had a net margin of 25.94% and a return on equity of 9.82%.
View TrustCo Bank Corp NY's earnings history.

TrustCo Bank Corp NY announced a quarterly dividend on Tuesday, November 17th. Investors of record on Friday, December 4th will be given a dividend of $0.068 per share on Monday, January 4th. This represents a $0.27 annualized dividend and a yield of 4.32%. The ex-dividend date of this dividend is Thursday, December 3rd.
View TrustCo Bank Corp NY's dividend history.

1 brokers have issued twelve-month target prices for TrustCo Bank Corp NY's shares. Their forecasts range from $6.50 to $6.50. On average, they anticipate TrustCo Bank Corp NY's stock price to reach $6.50 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
View analysts' price targets for TrustCo Bank Corp NY.

Some companies that are related to TrustCo Bank Corp NY include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), LendingTree (TREE), Walker & Dunlop (WD), The Simply Good Foods (SMPL), WSFS Financial (WSFS), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), At Home Group (HOME) and EverQuote (EVER).
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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), Rite Aid (RAD), Verizon Communications (VZ), KeyCorp (KEY), CannTrust (CTST), Plug Power (PLUG), Ford Motor (F) and Orchid Island Capital (ORC).

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

TrustCo Bank Corp NY's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.69%), State Street Corp (3.15%), Assenagon Asset Management S.A. (0.95%), Principal Financial Group Inc. (0.72%), Royce & Associates LP (0.69%) and Charles Schwab Investment Management Inc. (0.66%). Company insiders that own TrustCo Bank Corp NY stock include Anthony J Md Phd Marinello, Eric W Schreck, Frank B Silverman, Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli, Michael James Hall, Robert J Mccormick, Robert M Leonard, Scot R Salvador and William D Powers.
View institutional ownership trends for TrustCo Bank Corp NY.

TRST stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, WINTON GROUP Ltd, Acadian Asset Management LLC, Maltese Capital Management LLC, State Street Corp, Thrivent Financial for Lutherans, Arrowstreet Capital Limited Partnership, and Principal Financial Group Inc..
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TRST stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of New Jersey Common Pension Fund D, JPMorgan Chase & Co., Kestra Advisory Services LLC, BNP Paribas Arbitrage SA, Louisiana State Employees Retirement System, UBS Asset Management Americas Inc., and Cubist Systematic Strategies LLC. Company insiders that have bought TrustCo Bank Corp NY stock in the last two years include Anthony J Md Phd Marinello, Eric W Schreck, Frank B Silverman, Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli, Michael James Hall, Robert J Mccormick, Robert M Leonard, and Scot R Salvador.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of TRST stock can currently be purchased for approximately $6.29.

TrustCo Bank Corp NY has a market capitalization of $606.56 million and generates $210.72 million in revenue each year. The bank earns $57.84 million in net income (profit) each year or $0.60 on an earnings per share basis. TrustCo Bank Corp NY employs 771 workers across the globe.

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

TrustCo Bank Corp NY's mailing address is 5 SARNOWSKI DRIVE, GLENVILLE NY, 12205. The bank can be reached via phone at 518-377-3311 or via email at [email protected]