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TrustCo Bank Corp NYNasdaqGS:TRST Rapporto sulle azioni

Cap. di mercato US$897.7m
Prezzo delle azioni
US$50.80
US$48.9
3.9% sopravvalutato sconto intrinseco
1Y64.3%
7D1.0%
1D
Valore del portafoglio
​
Vista

TrustCo Bank Corp NY

Report azionario NasdaqGS:TRST

Capitalizzazione di mercato: US$897.7m

TrustCo Bank Corp NY (TRST) Panoramica del titolo

TrustCo Bank Corp NY opera come holding della Trustco Bank che fornisce servizi bancari personali e aziendali a privati e imprese. Maggiori dettagli

TRST analisi fondamentale
Punteggio fiocco di neve
Valutazione0/6
Crescita futura0/6
Prestazioni passate4/6
Salute finanziaria6/6
Dividendi4/6

Premi

Il rapporto prezzo/utile ( 14.1 x) è inferiore al mercato US ( 18.9 x)

Gli utili sono cresciuti del 23.9% nell'ultimo anno

Paga un dividendo affidabile di 2.99%

Analisi del rischio

Gli utili sono diminuiti del 2.9% all'anno negli ultimi 5 anni


TRST Community Fair Values

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Concorrenti di TrustCo Bank Corp NY

Storia dei prezzi e prestazioni

Riepilogo dei massimi, dei minimi e delle variazioni dei prezzi delle azioni per TrustCo Bank Corp NY
Prezzi storici delle azioni
Prezzo attuale dell'azioneUS$50.80
Massimo di 52 settimaneUS$52.19
Minimo di 52 settimaneUS$30.17
Beta0.61
Variazione di 1 mese8.11%
Variazione a 3 mesi13.22%
Variazione di 1 anno64.30%
Variazione a 3 anni83.86%
Variazione a 5 anni35.61%
Variazione dall'IPO1,362.73%

Notizie e aggiornamenti recenti

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
Articolo di analisi • 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
Articolo di analisi • 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
Articolo di analisi • 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
Articolo di analisi • 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...
Articolo di analisi • 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...
Articolo di analisi • 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...
Articolo di analisi • 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)

Rendimenti per gli azionisti

TRSTUS BanksUS Mercato
7D1.0%0.1%1.3%
1Y64.3%20.0%27.7%

Ritorno vs Industria: TRST ha superato il US Banks che ha restituito 20 % nell'ultimo anno.

Rendimento vs Mercato: TRST ha superato il mercato US che ha restituito 27.7 % nell'ultimo anno.

Volatilità dei prezzi

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 Market16.6%
10% least volatile stocks in US Market3.0%

Prezzo delle azioni stabile: TRST non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.

Volatilità nel tempo: La volatilità settimanale ( 3% ) di TRST è rimasta stabile nell'ultimo anno.

Informazioni sull'azienda

FondatoI dipendentiAMMINISTRATORE DELEGATOSito web
1902740Rob McCormickwww.trustcobank.com

TrustCo Bank Corp NY opera come holding della Trustco Bank, che fornisce servizi bancari personali e aziendali a privati e imprese. Accetta depositi e offre prestiti e investimenti. La società opera anche come trust di investimento immobiliare che acquisisce, detiene e gestisce attività ipotecarie immobiliari, tra cui prestiti ipotecari residenziali e titoli garantiti da ipoteca.

TrustCo Bank Corp NY Riepilogo dei fondamenti

Come si confrontano gli utili e i ricavi di TrustCo Bank Corp NY con la sua capitalizzazione di mercato?
TRST statistiche fondamentali
Capitalizzazione di mercatoUS$897.68m
Utili (TTM)US$63.15m
Ricavi(TTM)US$189.87m
14.1x
Rapporto P/E
1.3x
Rapporto P/B

TRST è sopravvalutato?

Vedi Fair Value e analisi di valutazione

Utili e ricavi

Statistiche chiave sulla redditività dall'ultima relazione sugli utili (TTM)
TRST Conto economico (TTM)
RicaviUS$189.87m
Costo del fatturatoUS$0
Profitto lordoUS$189.87m
Altre speseUS$126.72m
UtiliUS$63.15m

Ultimi utili riportati

Mar 31, 2026

Prossima data di guadagno

n/a

Utile per azione (EPS)3.61
Margine lordo100.00%
Margine di profitto netto33.26%
Rapporto debito/patrimonio netto16.8%

Come si è comportato TRST nel lungo periodo?

Vedi performance storica e confronto

Dividendi

3.0%
Rendimento attuale del dividendo
44%
Rapporto di remunerazione
Quando è necessario acquistare TRST per ricevere un dividendo imminente?
TrustCo Bank Corp NY date dei dividendi
Data di stacco del dividendoJun 05 2026
Data di pagamento dei dividendiJul 01 2026
Giorni fino al dividendo Ex7 days
Giorni prima della data di pagamento dei dividendi33 days

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/27 18:18
Prezzo dell'azione a fine giornata2026/05/27 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

TrustCo Bank Corp NY è coperta da 4 analisti. 0 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

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