Free Trial

TrustCo Bank Corp NY (TRST) Competitors

$35.40
+0.38 (+1.09%)
(As of 07/26/2024 ET)

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

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

TrustCo Bank Corp NY vs.

Allegiance Bancshares (NASDAQ:ABTX) and TrustCo Bank Corp NY (NASDAQ:TRST) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, dividends, institutional ownership, risk, media sentiment, community ranking, earnings, profitability and analyst recommendations.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegiance Bancshares
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
TrustCo Bank Corp NY
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, TrustCo Bank Corp NY had 16 more articles in the media than Allegiance Bancshares. MarketBeat recorded 16 mentions for TrustCo Bank Corp NY and 0 mentions for Allegiance Bancshares. Allegiance Bancshares' average media sentiment score of 0.58 beat TrustCo Bank Corp NY's score of 0.15 indicating that TrustCo Bank Corp NY is being referred to more favorably in the news media.

Company Overall Sentiment
Allegiance Bancshares Neutral
TrustCo Bank Corp NY Positive

Allegiance Bancshares has higher revenue and earnings than TrustCo Bank Corp NY. Allegiance Bancshares 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
Allegiance Bancshares$261.75M3.17$81.55M$3.7011.25
TrustCo Bank Corp NY$244.52M2.75$58.65M$2.7912.69

Allegiance Bancshares has a net margin of 28.90% compared to Allegiance Bancshares' net margin of 19.22%. TrustCo Bank Corp NY's return on equity of 9.86% beat Allegiance Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Allegiance Bancshares28.90% 9.86% 1.09%
TrustCo Bank Corp NY 19.22%7.65%0.80%

Allegiance Bancshares pays an annual dividend of $0.56 per share and has a dividend yield of 1.3%. TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 4.1%. Allegiance Bancshares pays out 15.1% 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.

59.6% of Allegiance Bancshares shares are held by institutional investors. Comparatively, 68.6% of TrustCo Bank Corp NY shares are held by institutional investors. 5.8% of Allegiance Bancshares shares are held by company insiders. Comparatively, 3.3% of TrustCo Bank Corp NY shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Allegiance Bancshares has a beta of 0.9, indicating that its share price is 10% less volatile than the S&P 500. Comparatively, TrustCo Bank Corp NY has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500.

Allegiance Bancshares received 35 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. However, 53.44% of users gave TrustCo Bank Corp NY an outperform vote while only 43.64% of users gave Allegiance Bancshares an outperform vote.

CompanyUnderperformOutperform
Allegiance BancsharesOutperform Votes
206
43.64%
Underperform Votes
266
56.36%
TrustCo Bank Corp NYOutperform Votes
171
53.44%
Underperform Votes
149
46.56%

Summary

Allegiance Bancshares beats TrustCo Bank Corp NY on 11 of the 17 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.
Skip Chart

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.
Skip Chart

TRST vs. The Competition

MetricTrustCo Bank Corp NYState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$673.31M$2.84B$9.78B$8.21B
Dividend Yield4.25%3.81%10.43%3.96%
P/E Ratio12.6914.3648.2218.46
Price / Sales2.752.303,569.0291.97
Price / Cash10.019.9328.8634.11
Price / Book1.031.222.724.51
Net Income$58.65M$406.17M$1.01B$216.36M
7 Day Performance8.62%4.84%1.74%1.78%
1 Month Performance28.49%20.09%8.16%7.93%
1 Year Performance13.79%18.89%13.03%3.06%

TrustCo Bank Corp NY Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ABTX
Allegiance Bancshares
0 of 5 stars
0.00 / 5 stars
$41.63
-0.9%
N/A+0.0%$830.94M$261.75M11.25594News Coverage
LBAI
Lakeland Bancorp
2.6737 of 5 stars
2.67 / 5 stars
$13.43
+1.1%
$14.15
+5.4%
-12.3%$874.97M$516.18M10.49826Analyst Forecast
News Coverage
High Trading Volume
CTBI
Community Trust Bancorp
3.8088 of 5 stars
3.81 / 5 stars
$49.02
+0.1%
$48.00
-2.1%
+37.3%$883.83M$326.31M11.37980Dividend Increase
Insider Buying
Short Interest ↑
Positive News
BMTC
Bryn Mawr Bank
0 of 5 stars
0.00 / 5 stars
$45.01
flat
N/A+0.0%$895.74M$249.65M12.47620High Trading Volume
OBNK
Origin Bancorp
0.5197 of 5 stars
0.52 / 5 stars
$35.63
-0.5%
N/A+4.9%$1.10B$347.14M11.101,011News Coverage
PFS
Provident Financial Services
3.984 of 5 stars
3.98 / 5 stars
$17.75
+0.7%
$18.75
+5.7%
-1.4%$2.32B$695.65M11.091,142Dividend Announcement
News Coverage
AGM
Federal Agricultural Mortgage
4.1732 of 5 stars
4.17 / 5 stars
$209.87
-0.7%
$212.00
+1.0%
+34.2%$2.28B$1.42B12.80185Short Interest ↑
BANC
Banc of California
3.9001 of 5 stars
3.90 / 5 stars
$14.39
+0.8%
$15.81
+9.9%
-7.8%$2.26B$1.97B-4.322,304Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
NWBI
Northwest Bancshares
2.6138 of 5 stars
2.61 / 5 stars
$13.13
-0.2%
$11.00
-16.2%
+19.1%$1.67B$701.74M12.752,165Dividend Announcement
Insider Selling
BHLB
Berkshire Hills Bancorp
3.7827 of 5 stars
3.78 / 5 stars
$27.34
+0.8%
$26.50
-3.1%
+26.7%$1.18B$619.08M54.681,340Analyst Upgrade
Short Interest ↓

Related Companies and Tools

This page (NASDAQ:TRST) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners