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

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$7.17 +0.11 (+1.56 %)
(As of 12/12/2018 12:01 PM ET)
Previous Close$7.06
Today's Range$7.04 - $7.27
52-Week Range$7.00 - $9.50
Volume12,361 shs
Average Volume303,985 shs
Market Capitalization$698.84 million
P/E Ratio12.05
Dividend Yield3.77%
Beta0.99
TrustCo 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
SectorFinance
Current SymbolNASDAQ:TRST
Previous Symbol
CUSIP89834910
Phone518-377-3311

Debt

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

Price-To-Earnings

Trailing P/E Ratio12.05
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$187.33 million
Price / Sales3.70
Cash Flow$0.5806 per share
Price / Cash Flow12.35
Book Value$4.76 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$43.14 million
Net Margins27.07%
Return on Equity12.39%
Return on Assets1.18%

Miscellaneous

Employees846
Outstanding Shares96,660,000
Market Cap$698.84 million
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 Tuesday, November 20th. Investors of record on Friday, December 7th will be given a dividend of $0.0681 per share on Wednesday, January 2nd. This represents a $0.27 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend is Thursday, December 6th. View TrustCo Bank Corp NY's Dividend History.

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

TrustCo Bank Corp NY (NASDAQ:TRST) posted its quarterly earnings data on Monday, October, 22nd. The bank reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.00. The bank had revenue of $44.98 million for the quarter. TrustCo Bank Corp NY had a net margin of 27.07% and a return on equity of 12.39%. 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, January 28th 2019. View Earnings Estimates for TrustCo Bank Corp NY.

What price target have analysts set for TRST?

1 Wall Street analysts have issued 1 year price objectives for TrustCo Bank Corp NY's shares. Their forecasts range from $9.00 to $9.00. On average, they anticipate TrustCo Bank Corp NY's stock price to reach $9.00 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Price Targets for TrustCo Bank Corp NY.

What is the consensus analysts' recommendation 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.

Has TrustCo Bank Corp NY been receiving favorable news coverage?

News coverage about TRST stock has trended positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. TrustCo Bank Corp NY earned a news impact score of 2.3 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.

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)

Who are TrustCo Bank Corp NY's major shareholders?

TrustCo Bank Corp NY's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.30%), Vanguard Group Inc. (6.31%), Dimensional Fund Advisors LP (5.98%), Royce & Associates LP (3.02%), Franklin Resources Inc. (2.63%) and Renaissance Technologies LLC (1.65%). 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 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 Trustco Bank Corp N Y, Franklin Resources Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Martingale Asset Management L P, Systematic Financial Management LP, Morgan Stanley and Bessemer 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 BlackRock Inc., Royce & Associates LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., First Trust Advisors LP, GSA Capital Partners LLP and Virginia Retirement Systems ET AL. 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 $7.17.

How big of a company is TrustCo Bank Corp NY?

TrustCo Bank Corp NY has a market capitalization of $698.84 million and generates $187.33 million in revenue each year. TrustCo Bank Corp NY employs 846 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:  104 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  264
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 12/12/2018 by MarketBeat.com Staff

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