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TrustCo Bank Corp NY (TRST) Competitors

$28.16
+0.15 (+0.54%)
(As of 05/24/2024 08:50 PM ET)

TRST vs. CTBI, ABTX, LBAI, OBNK, BMTC, AGM, NWBI, PFS, BHLB, and OCFC

Should you be buying TrustCo Bank Corp NY stock or one of its competitors? The main competitors of TrustCo Bank Corp NY include Community Trust Bancorp (CTBI), Allegiance Bancshares (ABTX), Lakeland Bancorp (LBAI), Origin Bancorp (OBNK), Bryn Mawr Bank (BMTC), Federal Agricultural Mortgage (AGM), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), and OceanFirst Financial (OCFC). These companies are all part of the "finance" sector.

TrustCo Bank Corp NY vs.

Community Trust Bancorp (NASDAQ:CTBI) and TrustCo Bank Corp NY (NASDAQ:TRST) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, earnings, risk, profitability, institutional ownership, dividends, valuation and community ranking.

Community Trust Bancorp pays an annual dividend of $1.84 per share and has a dividend yield of 4.3%. TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 5.1%. Community Trust Bancorp pays out 42.7% of its earnings in the form of a dividend. TrustCo Bank Corp NY pays out 51.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Community Trust Bancorp has raised its dividend for 43 consecutive years and TrustCo Bank Corp NY has raised its dividend for 3 consecutive years.

Community Trust Bancorp has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500. Comparatively, TrustCo Bank Corp NY has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500.

Community Trust Bancorp currently has a consensus price target of $48.00, suggesting a potential upside of 12.73%. Given TrustCo Bank Corp NY's higher probable upside, equities analysts clearly believe Community Trust Bancorp is more favorable than TrustCo Bank Corp NY.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Community Trust Bancorp
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
TrustCo Bank Corp NY
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Community Trust Bancorp has higher revenue and earnings than TrustCo Bank Corp NY. Community Trust Bancorp is trading at a lower price-to-earnings ratio than TrustCo Bank Corp NY, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Community Trust Bancorp$326.31M2.35$78M$4.319.88
TrustCo Bank Corp NY$244.52M2.19$58.65M$2.7910.09

60.2% of Community Trust Bancorp shares are owned by institutional investors. Comparatively, 68.6% of TrustCo Bank Corp NY shares are owned by institutional investors. 4.3% of Community Trust Bancorp shares are owned by company insiders. Comparatively, 3.3% of TrustCo Bank Corp NY shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Community Trust Bancorp received 53 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. However, 53.94% of users gave TrustCo Bank Corp NY an outperform vote while only 52.34% of users gave Community Trust Bancorp an outperform vote.

CompanyUnderperformOutperform
Community Trust BancorpOutperform Votes
224
52.34%
Underperform Votes
204
47.66%
TrustCo Bank Corp NYOutperform Votes
171
53.94%
Underperform Votes
146
46.06%

In the previous week, TrustCo Bank Corp NY had 3 more articles in the media than Community Trust Bancorp. MarketBeat recorded 5 mentions for TrustCo Bank Corp NY and 2 mentions for Community Trust Bancorp. TrustCo Bank Corp NY's average media sentiment score of 1.28 beat Community Trust Bancorp's score of 0.70 indicating that Community Trust Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Community Trust Bancorp
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
TrustCo Bank Corp NY
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Community Trust Bancorp has a net margin of 22.64% compared to Community Trust Bancorp's net margin of 21.17%. TrustCo Bank Corp NY's return on equity of 11.36% beat Community Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Community Trust Bancorp22.64% 11.36% 1.36%
TrustCo Bank Corp NY 21.17%8.35%0.87%

Summary

Community Trust Bancorp beats TrustCo Bank Corp NY on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TRST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRST vs. The Competition

MetricTrustCo Bank Corp NYState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$535.72M$2.39B$9.87B$8.04B
Dividend Yield5.11%4.27%5.91%3.95%
P/E Ratio10.0912.1142.7418.44
Price / Sales2.191.9151.3580.86
Price / Cash8.318.4915.4831.33
Price / Book0.831.023.114.56
Net Income$58.65M$376.10M$999.74M$214.11M
7 Day Performance-5.03%-2.09%-1.29%-1.04%
1 Month Performance3.99%2.47%2.05%3.13%
1 Year Performance-2.29%30.24%18.37%7.38%

TrustCo Bank Corp NY Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CTBI
Community Trust Bancorp
4.048 of 5 stars
$42.58
+0.4%
$48.00
+12.7%
+22.6%$767.72M$326.31M9.88945Positive News
ABTX
Allegiance Bancshares
1.1921 of 5 stars
$41.63
-0.9%
N/A+0.0%$830.94M$261.75M11.25594Analyst Forecast
LBAI
Lakeland Bancorp
4.6827 of 5 stars
$13.43
+1.1%
$14.15
+5.4%
+0.1%$874.97M$516.18M10.49826Positive News
High Trading Volume
OBNK
Origin Bancorp
1.2131 of 5 stars
$31.24
-0.6%
N/A+5.2%$880.64M$347.14M9.731,011
BMTC
Bryn Mawr Bank
0 of 5 stars
$45.01
flat
N/A+0.0%$895.74M$249.65M12.47620Analyst Forecast
High Trading Volume
AGM
Federal Agricultural Mortgage
4.8444 of 5 stars
$175.76
+0.6%
$212.00
+20.6%
+28.9%$1.91B$1.42B10.72185Positive News
NWBI
Northwest Bancshares
2.5191 of 5 stars
$11.09
+0.3%
$11.00
-0.8%
+3.2%$1.41B$701.74M10.772,165Positive News
PFS
Provident Financial Services
4.6216 of 5 stars
$15.01
-0.9%
$19.00
+26.6%
-8.3%$1.14B$695.65M9.381,142Positive News
BHLB
Berkshire Hills Bancorp
4.332 of 5 stars
$22.37
-0.5%
$25.00
+11.8%
+3.8%$968.40M$619.08M44.741,340
OCFC
OceanFirst Financial
3.9894 of 5 stars
$15.00
+0.2%
$18.20
+21.3%
+1.7%$880.65M$641.60M8.77878Positive News

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This page (NASDAQ:TRST) was last updated on 5/27/2024 by MarketBeat.com Staff

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