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TrustCo Bank Corp NYNasdaqGS:TRST Aktienübersicht

Marktkapitalisierung US$905.4m
Aktienkurs
US$51.81
US$48.9
5.9% überbewertet intrinsischer Abschlag
1Y66.9%
7D3.1%
1D
Wert des Portfolios
​
Siehe

TrustCo Bank Corp NY

NasdaqGS:TRST Lagerbericht

Marktkapitalisierung: US$905.4m

TrustCo Bank Corp NY (TRST) Aktienübersicht

Die TrustCo Bank Corp NY ist die Holdinggesellschaft der Trustco Bank, die Bankdienstleistungen für Privat- und Geschäftskunden anbietet. Mehr Details

TRST grundlegende Analyse
Schneeflocken-Punktzahl
Bewertung0/6
Künftiges Wachstum0/6
Vergangene Leistung4/6
Finanzielle Gesundheit6/6
Dividenden4/6

Belohnungen

Das Kurs-Gewinn-Verhältnis (14.3x) liegt unter dem US Markt (18.8x)

Die Erträge stiegen im vergangenen Jahr um 23.9%

Zahlt eine zuverlässige Dividende von 2.93%

Risikoanalyse

Die Erträge sind in den letzten 5 Jahren um 2.9% pro Jahr zurückgegangen


TRST Community Fair Values

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TrustCo Bank Corp NY Wettbewerber

Preisentwicklung & Leistung

Zusammenfassung der Höchst- und Tiefststände sowie der Veränderungen der Aktienkurse für TrustCo Bank Corp NY
Historische Aktienkurse
Aktueller AktienkursUS$51.81
52-Wochen-HochUS$52.19
52-Wochen-TiefUS$30.17
Beta0.61
1 Monat Veränderung7.80%
3 Monate Veränderung17.54%
1 Jahr Veränderung66.91%
3 Jahre Veränderung75.93%
5 Jahre Veränderung40.98%
Veränderung seit IPO1,391.81%

Aktuelle Nachrichten und Updates

Recent updates

Seeking Alpha • Feb 04

TrustCo Bank: Mortgage Repricing And A Big Buyback Program

Summary TrustCo Bank's valuation remains attractive despite last year's rally. Current profitability margin tailwinds could persist as loan repricing continues through 2026. The board's 2 million share buyback program offers a significant catalyst given the program's size, representing 11% of total shares outstanding. Read the full article on Seeking Alpha
Analyseartikel • Aug 23

TrustCo Bank Corp NY's (NASDAQ:TRST) Upcoming Dividend Will Be Larger Than Last Year's

TrustCo Bank Corp NY's ( NASDAQ:TRST ) periodic dividend will be increasing on the 1st of October to $0.38, with...
Seeking Alpha • Feb 17

Another Downgrade For TrustCo Bank

Summary TrustCo Bank's stock is downgraded from ‘buy’ to ‘hold’ due to its relatively high price-to-earnings ratio and only decent asset quality. Despite a 9.4% rise since December 2023, the stock underperformed the broader market and has seen a decline in net interest income and net profits. The bank's deposits and loans have grown, but rising interest rates have increased costs, impacting net profits and net interest margins. TrustCo Bank's price-to-book ratio is attractive, but its return on assets and equity are lower than most competitors, justifying the downgrade. Read the full article on Seeking Alpha
Analyseartikel • Nov 23

TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

The board of TrustCo Bank Corp NY ( NASDAQ:TRST ) has announced that it will pay a dividend of $0.36 per share on the...
Seeking Alpha • Jul 22

TrustCo Bank: Very Strong Performance, Run A House Position

Summary TrustCo Bank Corp NY's Q2 earnings exceeded expectations with an improved return on assets and equity. Net interest margin increased, earnings per share beat expectations, and the stock remains attractive at $32.90 per share. TrustCo Bank saw growth in loans and deposits, maintained strong asset quality, and has a safe dividend payout ratio. If you followed our trade, consider running a house position now. Read the full article on Seeking Alpha
Analyseartikel • Apr 26

Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

Investors in TrustCo Bank Corp NY ( NASDAQ:TRST ) had a good week, as its shares rose 4.2% to close at US$27.06...
Seeking Alpha • Apr 22

TrustCo Bank: Back To A 5.5% Yield, It Is A Buy

Summary TrustCo Bank Corp NY is a recommended regional bank for trading and investing, with stocks currently on sale. Q1 earnings showed respectable loan activity and revenue growth, surpassing expectations. TrustCo Bank's asset quality remains strong, with improving return metrics and a solid efficiency ratio. Buying back stock. Buy TrustCo Bank Corp NY stock for income, or trade for gains back over $30 per share. Read the full article on Seeking Alpha
Analyseartikel • Nov 25

TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

The board of TrustCo Bank Corp NY ( NASDAQ:TRST ) has announced that it will pay a dividend of $0.36 per share on the...
Analyseartikel • Mar 24

Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analyseartikel • Feb 25

TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36

TrustCo Bank Corp NY ( NASDAQ:TRST ) will increase its dividend from last year's comparable payment on the 3rd of April...
Analyseartikel • Aug 20

TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35

The board of TrustCo Bank Corp NY ( NASDAQ:TRST ) has announced that it will pay a dividend of $0.35 per share on the...
Seeking Alpha • Aug 20

TrustCo Bank: Stable And Attractively Valued

TRST currently has excess cash on its books which gives it the opportunity to improve its asset mix and boost the margin. The loan portfolio’s growth will likely remain slow and steady. The December 2022 target price suggests a decent upside from the current market price. Further, TRST is offering a good dividend yield. Earnings of TrustCo Bank Corp NY (TRST) will likely surge this year on the back of steady loan growth. Further, the company will likely continue to deploy its excess cash, which will boost the margin. Overall, I'm expecting TrustCo Bank to report earnings of $3.51 per share for 2022, up 10% year-over-year. For 2023, I'm expecting earnings to remain flattish as loan growth will likely counter the growth in operating expenses. The year-end target price suggests a moderately-high upside from the current market price. Based on the total expected return, I'm adopting a buy rating on TrustCo Bank. Cash Deployment to Help the Margin TrustCo Bank’s net interest margin jumped by an impressive 17 basis points in the second quarter of 2022 as the company deployed some of its excess cash into higher-yielding assets. TrustCo Bank still has plenty of excess cash on its books that provides further opportunities to lift margins. The following chart shows the trend of federal funds sold and other short-term investments, which are cash components. SEC Filings The following table shows the large difference between the yields of various asset classes. Asset Class Average Yield in 2Q 2022 Loans 3.52% Available-for-sale securities 1.85% Fed funds sold and other short-term investments 0.82% Source: 2Q 2022 10-Q Filing If TrustCo Bank could approach a more normal asset mix, then the margin could significantly improve. If the management isn't successful in cash deployment, then TrustCo can still earn a higher yield on its cash, albeit to a lower degree. The upward shift in the short end of the treasury yield curve will help TrustCo earn more on its cash balances. The U.S. Treasury Department Apart from asset mix improvement and greater earning on cash, there isn't much opportunity to benefit from a rising-rate environment. Historically, TrustCo Bank's margin has moved independently of interest rates. The company primarily focuses on residential real estate, which by nature has fixed rates. Therefore, the average loan yield will remain upward sticky in a rising-rate environment. At the same time, the deposit book is quick to reprice because it is heavy on interest-bearing, flexible-rate deposits, namely money market, savings, and interest-bearing checking accounts. These flexible-rate deposits made up of whooping 65.7% of total deposits at the end of June 2022, according to details given in the 10-Q filing. Considering these factors, I'm expecting the margin to increase by a further five basis points in the second half of 2022 before stabilizing in 2023. Loan Growth Trend to Remain Unchanged TrustCo Bank’s loan growth has remained consistently in the mid-single-digit range in the past. I'm expecting loan growth to remain near the historical average through the end of 2023 as the effect of higher rates will counter the effect of strong job markets. Higher borrowing costs will discourage home buyers, who will try to put off new home purchases till a more feasible time. On the other hand, strong job markets will ensure more and more people have the means to afford a home. TrustCo Bank operates in New York, New Jersey, and Florida, which provide good geographical diversification as the economies are very different. The job market of New Jersey is weaker than the national average, while that of Florida and New York, excluding New York City, is stronger. Nevertheless, all three are doing much better than in the last several years. (Please note that TrustCo does not operate in New York City, which is why it's not included in the chart below.) New York Excluding New York Unemployment Rate data by YCharts Considering these factors, I'm expecting the loan portfolio to grow by 4.3% in 2022 and by 4.1% in 2023. Further, I'm expecting other balance sheet items to grow more or less in line with loans. The following table shows my balance sheet estimates. FY18 FY19 FY20 FY21 FY22E FY23E Financial Position Net Loans 3,829 4,018 4,195 4,395 4,586 4,772 Growth of Net Loans 6.6% 4.9% 4.4% 4.8% 4.3% 4.1% Other Earning Assets 987 1,010 1,518 1,594 1,456 1,515 Deposits 4,274 4,450 5,037 5,268 5,505 5,729 Borrowings and Sub-Debt 162 149 268 297 191 199 Common equity 490 538 568 601 614 654 Book Value Per Share ($) 5.1 5.6 29.4 31.2 32.0 34.1 Tangible BVPS ($) 5.1 5.6 29.4 31.2 32.0 34.1 Source: SEC Filings, Author's Estimates (In USD million unless otherwise specified) Normal Level of Provisioning Likely Allowances were 2.36 times the non-performing loans at the end of June 2022, which is a comfortable position. As most of the loans are based on fixed rates, the increase in interest rates is unlikely to affect the portfolio’s credit quality. Further, TrustCo Bank’s loan portfolio inherently carries less risk than peer banks’ portfolios because an overwhelming majority of TrustCo’s loans are backed by real estate. Considering these factors, I'm expecting the provisioning to remain at a normal level through the end of 2023. I'm expecting the net provision expense to make up 0.02% of total loans in 2022 and 2023, which is the same as the average for the last five years. Expecting Earnings to Grow by 10% Earnings will likely grow in 2022 on the back of an increase in loans and margin expansion. Further, I'm expecting earnings to remain flattish next year as the growth of expenses will likely cancel out loan growth. Moreover, I'm expecting the margin to remain mostly stable next year. Overall, I'm expecting TrustCo to report earnings of $3.51 per share for 2022, up 10% year-over-year. For 2023, I'm expecting the company to report earnings of $3.49 per share, down by just 0.6% year-over-year. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 161 156 154 160 171 179 Provision for loan losses 1 0 6 (5) 1 1 Non-interest income 18 19 17 18 20 20 Non-interest expense 98 98 96 102 101 109 Net income - Common Sh. 61 58 52 62 67 67 EPS - Diluted ($) 0.64 0.60 2.72 3.19 3.51 3.49 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified)

Aktionärsrenditen

TRSTUS BanksUS Markt
7D3.1%-0.4%1.6%
1Y66.9%19.4%28.5%

Rendite im Vergleich zur Industrie: TRST übertraf die Branche US Banks , die im vergangenen Jahr eine Rendite von 19.4 erzielte.

Rendite vs. Markt: TRST übertraf den Markt US, der im vergangenen Jahr eine Rendite von 28.5 erzielte.

Preisvolatilität

Is TRST's price volatile compared to industry and market?
TRST volatility
TRST Average Weekly Movement2.8%
Banks Industry Average Movement3.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stabiler Aktienkurs: TRST hatte in den letzten 3 Monaten im Vergleich zum US -Markt keine signifikante Preisvolatilität.

Volatilität im Zeitverlauf: TRSTDie wöchentliche Volatilität (3%) ist im vergangenen Jahr stabil geblieben.

Über das Unternehmen

GegründetMitarbeiterCEOWebsite
1902740Rob McCormickwww.trustcobank.com

Die TrustCo Bank Corp NY ist die Holdinggesellschaft der Trustco Bank, die Privat- und Geschäftskunden Bankdienstleistungen anbietet. Sie nimmt Einlagen entgegen und bietet Kredite und Investitionen an. Das Unternehmen ist auch als Immobilieninvestmentfonds tätig, der Immobilienhypotheken erwirbt, hält und verwaltet, einschließlich Wohnhypothekendarlehen und hypothekarisch gesicherte Wertpapiere.

TrustCo Bank Corp NY's Grundlagenzusammenfassung

Wie verhalten sich die Erträge und Einnahmen von TrustCo Bank Corp NY im Vergleich zum Marktanteil des Unternehmens?
TRST grundlegende Statistiken
MarktanteilUS$905.37m
Gewinn(TTM)US$63.15m
Umsatz(TTM)US$189.87m
14.3x
Kurs-Gewinn-Verhältnis
1.3x
Kurs-Buchwert-Verhältnis

Ist TRST zu teuer?

Siehe Fair Value und Bewertungsanalyse

Erträge & Einnahmen

Wichtige Rentabilitätsstatistiken aus dem letzten Ergebnisbericht (TTM)
TRST Gewinn- und Verlustrechnung (TTM)
EinnahmenUS$189.87m
Kosten der EinnahmenUS$0
BruttogewinnUS$189.87m
Sonstige AusgabenUS$126.72m
GewinnUS$63.15m

Zuletzt gemeldete Gewinne

Mar 31, 2026

Datum des nächsten Gewinnberichts

k.A.

Gewinn per Aktie (EPS)3.61
Bruttomarge100.00%
Nettogewinnspanne33.26%
Schulden/Eigenkapital-Verhältnis16.8%

Wie hat sich TRST auf lange Sicht entwickelt?

Historische Performance und Vergleiche

Dividenden

2.9%
Aktuelle Dividendenrendite
44%
Ausschüttungsquote

Zahlt TRST eine zuverlässige Dividende?

Siehe TRST Dividendenhistorie und Benchmarks
Bis wann müssen Sie TRST kaufen, um eine kommende Dividende zu erhalten?
TrustCo Bank Corp NY Dividendentermine
Ex-Dividenden DatumJun 05 2026
Datum der DividendenzahlungJul 01 2026
Tage bis Ex-Dividende4 days
Tage bis zum Datum der Dividendenzahlung30 days

Zahlt TRST eine zuverlässige Dividende?

Siehe TRST Dividendenhistorie und Benchmarks

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/31 13:55
Aktienkurs zum Tagesende2026/05/29 00:00
Gewinne2026/03/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

TrustCo Bank Corp NY wird von 4 Analysten beobachtet. 0 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Travis LanKeefe, Bruyette, & Woods
Alexander Roberts TwerdahlPiper Sandler Companies
John CarsonSociete Generale Cross Asset Research