NASDAQ:TRST - TrustCo Bank Corp NY Stock Price, Price Target & More

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$9.25 +0.20 (+2.21 %)
(As of 06/21/2018 02:36 AM ET)
Previous Close$9.25
Today's Range$9.0250 - $9.35
52-Week Range$7.30 - $9.70
Volume555,455 shs
Average Volume309,609 shs
Market Capitalization$858.22 million
P/E Ratio16.48
Dividend Yield2.95%
Beta1.04
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 February 20, 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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.95
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio16.48
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$187.33 million
Price / Sales4.76
Cash Flow$0.6086 per share
Price / Cash15.20
Book Value$4.76 per share
Price / Book1.94

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$43.14 million
Net Margins24.77%
Return on Equity11.44%
Return on Assets1.06%

Miscellaneous

Employees846
Outstanding Shares96,430,000

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 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) released its quarterly earnings results on Monday, April, 23rd. The bank reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by $0.01. The bank earned $43.99 million during the quarter. TrustCo Bank Corp NY had a return on equity of 11.44% and a net margin of 24.77%. During the same quarter in the previous year, the company posted $0.11 earnings per share. 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 Friday, July, 20th 2018. View Earnings Estimates for TrustCo Bank Corp NY.

What price target have analysts set for TRST?

2 brokers have issued 12 month price objectives for TrustCo Bank Corp NY's shares. Their predictions range from $9.00 to $9.50. On average, they anticipate TrustCo Bank Corp NY's stock price to reach $9.25 in the next twelve months. View Analyst Ratings for TrustCo Bank Corp NY.

Are investors shorting TrustCo Bank Corp NY?

TrustCo Bank Corp NY saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,077,099 shares, an increase of 43.4% from the May 15th total of 1,448,662 shares. Based on an average daily volume of 278,421 shares, the days-to-cover ratio is presently 7.5 days. Currently, 2.2% of the shares of the company are sold short. View TrustCo Bank Corp NY's Current Options Chain.

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?

News stories about TRST stock have been trending somewhat positive on Thursday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TrustCo Bank Corp NY earned a daily sentiment score of 0.14 on Accern's scale. They also assigned news coverage about the bank an impact score of 46.91 out of 100, 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 TrustCo Bank Corp NY's major shareholders?

TrustCo Bank Corp NY's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.95%), Dimensional Fund Advisors LP (5.76%), Franklin Resources Inc. (3.20%), Northern Trust Corp (1.47%), Thrivent Financial for Lutherans (0.90%) and JPMorgan Chase & Co. (0.85%). 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 Millennium Management LLC, JPMorgan Chase & Co., Thrivent Financial for Lutherans, GSA Capital Partners LLP, Guggenheim Capital LLC, BNP Paribas Arbitrage SA, NJ State Employees Deferred Compensation Plan and American International Group Inc.. 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 bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Ceredex Value Advisors LLC, BlackRock Inc., American Century Companies Inc., Piermont Capital Management Inc., Citadel Advisors LLC, KBC Group NV and Dimensional Fund Advisors LP. 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 $858.22 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 (TRST)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  217
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 6/21/2018 by MarketBeat.com Staff

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