TrustCo Bank Corp NY (TRST) Competitors

$27.30
-0.60 (-2.15%)
(As of 04/24/2024 ET)

TRST vs. FFIC, CTBI, LBAI, HMST, EQBK, MSBI, HBNC, IBCP, CCB, and CPF

Should you be buying TrustCo Bank Corp NY stock or one of its competitors? The main competitors of TrustCo Bank Corp NY include Flushing Financial (FFIC), Community Trust Bancorp (CTBI), Lakeland Bancorp (LBAI), HomeStreet (HMST), Equity Bancshares (EQBK), Midland States Bancorp (MSBI), Horizon Bancorp (HBNC), Independent Bank (IBCP), Coastal Financial (CCB), and Central Pacific Financial (CPF). These companies are all part of the "state commercial banks" industry.

TrustCo Bank Corp NY vs.

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

Flushing Financial presently has a consensus target price of $15.50, indicating a potential upside of 32.71%. Given TrustCo Bank Corp NY's higher possible upside, equities research analysts clearly believe Flushing Financial is more favorable than TrustCo Bank Corp NY.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Flushing Financial
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
TrustCo Bank Corp NY
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Flushing Financial pays an annual dividend of $0.88 per share and has a dividend yield of 7.5%. TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 5.3%. Flushing Financial pays out 83.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TrustCo Bank Corp NY pays out 51.6% of its earnings in the form of a dividend.

67.1% of Flushing Financial shares are held by institutional investors. Comparatively, 68.6% of TrustCo Bank Corp NY shares are held by institutional investors. 5.5% of Flushing Financial shares are held by insiders. Comparatively, 3.3% of TrustCo Bank Corp NY shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

TrustCo Bank Corp NY has a net margin of 21.17% compared to TrustCo Bank Corp NY's net margin of 7.37%. Flushing Financial's return on equity of 8.41% beat TrustCo Bank Corp NY's return on equity.

Company Net Margins Return on Equity Return on Assets
Flushing Financial7.37% 4.11% 0.32%
TrustCo Bank Corp NY 21.17%8.41%0.87%

Flushing Financial received 74 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. However, 54.11% of users gave TrustCo Bank Corp NY an outperform vote while only 52.35% of users gave Flushing Financial an outperform vote.

CompanyUnderperformOutperform
Flushing FinancialOutperform Votes
245
52.35%
Underperform Votes
223
47.65%
TrustCo Bank Corp NYOutperform Votes
171
54.11%
Underperform Votes
145
45.89%

In the previous week, TrustCo Bank Corp NY had 1 more articles in the media than Flushing Financial. MarketBeat recorded 10 mentions for TrustCo Bank Corp NY and 9 mentions for Flushing Financial. Flushing Financial's average media sentiment score of 0.44 beat TrustCo Bank Corp NY's score of -0.42 indicating that TrustCo Bank Corp NY is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Flushing Financial
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
TrustCo Bank Corp NY
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Flushing Financial$424.07M0.80$28.66M$1.0511.12
TrustCo Bank Corp NY$244.52M2.12$58.65M$2.799.78

Flushing Financial has a beta of 0.73, indicating that its stock price is 27% 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.

Summary

TrustCo Bank Corp NY beats Flushing Financial on 12 of the 19 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$519.25M$2.25B$8.74B$7.48B
Dividend Yield5.38%4.30%10.44%3.96%
P/E Ratio9.7811.0652.2020.61
Price / Sales2.122.083,494.4680.27
Price / Cash7.908.3627.5334.58
Price / Book0.801.022.394.30
Net Income$58.65M$416.03M$999.51M$213.92M
7 Day Performance5.16%4.41%2.11%1.62%
1 Month Performance0.29%0.48%-1.10%-3.59%
1 Year Performance-7.99%24.15%14.76%8.17%

TrustCo Bank Corp NY Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FFIC
Flushing Financial
3.9428 of 5 stars
$11.16
+0.6%
$15.50
+38.9%
-12.2%$324.42M$424.07M10.63549Earnings Report
News Coverage
Gap Down
CTBI
Community Trust Bancorp
4.5032 of 5 stars
$39.49
-1.1%
$48.00
+21.5%
+21.5%$711.61M$326.31M9.08967Positive News
LBAI
Lakeland Bancorp
4.5714 of 5 stars
$11.29
-2.3%
$16.65
+47.5%
-12.9%$735.54M$516.18M8.82826Dividend Announcement
Analyst Upgrade
News Coverage
HMST
HomeStreet
1.5644 of 5 stars
$12.33
-1.4%
$12.17
-1.3%
-29.5%$232.54M$441.66M-8.45821Analyst Report
News Coverage
Gap Down
EQBK
Equity Bancshares
2.3751 of 5 stars
$31.84
-0.7%
$30.00
-5.8%
+45.2%$491.61M$227.58M67.74717Analyst Report
News Coverage
MSBI
Midland States Bancorp
4.583 of 5 stars
$22.82
-2.0%
$26.33
+15.4%
+22.5%$498.62M$470.89M6.98878Upcoming Earnings
Positive News
HBNC
Horizon Bancorp
4.3094 of 5 stars
$11.40
-0.1%
$13.00
+14.0%
+17.2%$502.85M$324.30M17.81818News Coverage
IBCP
Independent Bank
3.6185 of 5 stars
$23.25
+0.5%
N/A+45.1%$486.16M$290.35M8.33741Dividend Announcement
CCB
Coastal Financial
3.8605 of 5 stars
$37.79
-0.8%
$53.00
+40.2%
+21.4%$506.01M$537.55M11.56507Upcoming Earnings
CPF
Central Pacific Financial
4.5497 of 5 stars
$18.72
-1.3%
$24.00
+28.2%
+24.5%$506.38M$329.32M8.63696News Coverage

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This page (NASDAQ:TRST) was last updated on 4/25/2024 by MarketBeat.com Staff

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