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

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

TrustCo Bank Corp NY announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.068 per share on Wednesday, April 1st. This represents a $0.27 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend is Thursday, March 5th. View TrustCo Bank Corp NY's Dividend History.

TrustCo Bank Corp NY (NASDAQ:TRST) announced its quarterly earnings results on Tuesday, January, 21st. The bank reported $0.14 earnings per share for the quarter. The bank had revenue of $42.36 million for the quarter. TrustCo Bank Corp NY had a return on equity of 11.11% and a net margin of 27.45%. View TrustCo Bank Corp NY's Earnings History.

TrustCo Bank Corp NY is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for TrustCo Bank Corp NY.

1 brokerages have issued 12-month price targets for TrustCo Bank Corp NY's shares. Their forecasts range from $6.00 to $6.00. On average, they expect TrustCo Bank Corp NY's stock price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 19.5%. View Analyst Price Targets for TrustCo Bank Corp NY.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrustCo Bank Corp NY in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TrustCo Bank Corp NY.

Headlines about TRST stock have trended very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. TrustCo Bank Corp NY earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for TrustCo Bank Corp NY.

TrustCo Bank Corp NY saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,140,000 shares, a decline of 16.1% from the January 15th total of 2,550,000 shares. Based on an average daily trading volume, of 284,100 shares, the days-to-cover ratio is presently 7.5 days. Currently, 2.3% of the shares of the company are short sold. View TrustCo Bank Corp NY's Current Options Chain.

Some companies that are related to TrustCo Bank Corp NY include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).

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), Verizon Communications (VZ), Rite Aid (RAD), Plug Power (PLUG), Smart Global (SGH), SpartanNash (SPTN), CannTrust (CTST) and KeyCorp (KEY).

TrustCo Bank Corp NY's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.02%), Royce & Associates LP (2.80%), Renaissance Technologies LLC (1.58%), Bank of New York Mellon Corp (1.49%), Geode Capital Management LLC (1.45%) and Principal Financial Group Inc. (0.81%). Company insiders that own TrustCo Bank Corp NY stock include Anthony J Md Phd Marinello, 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.

TRST stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Hotchkis & Wiley Capital Management LLC, Renaissance Technologies LLC, Ceredex Value Advisors LLC, Panagora Asset Management Inc., Arizona State Retirement System, Citigroup Inc. and Stifel Financial Corp. Company insiders that have sold TrustCo Bank Corp NY company stock in the last year include Eric W Schreck, Gennaro Dennis A De, Robert M Leonard and William D Powers. View Insider Buying and Selling for TrustCo Bank Corp NY.

TRST stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State Street Corp, Assenagon Asset Management S.A., Great West Life Assurance Co. Can, Royce & Associates LP, Russell Investments Group Ltd., Geode Capital Management LLC and Jacobs Levy Equity Management Inc.. Company insiders that have bought TrustCo Bank Corp NY stock in the last two years include Anthony J Md Phd Marinello, Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli and Michael James Hall. View Insider Buying and Selling 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 $7.45.

TrustCo Bank Corp NY has a market capitalization of $722.03 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 899 workers across the globe.View Additional Information About TrustCo Bank Corp NY.

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

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]