TrustCo Bank Corp NY Balance Sheet Health
Financial Health criteria checks 6/6
TrustCo Bank Corp NY has total assets of $6.2B and total equity of $649.2M. Total deposits are $5.4B, and total loans are $5.0B. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $609.7M.
Key information
9.5x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$5.36b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$609.68m |
Recent financial health updates
No updates
Recent updates
Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 26
TrustCo Bank: Back To A 5.5% Yield, It Is A Buy
Apr 22TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36
Nov 25Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?
Mar 24TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36
Feb 25TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35
Aug 20TrustCo Bank: Stable And Attractively Valued
Aug 20TrustCo Bank: A 4.5% Yield For A Bank Trading At TBV
May 24TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure
Jan 10TrustCo Bank: Tremendously Positioned For Rate Hikes
Oct 25TrustCo Bank: The Recent Pullback Is All About Interest Rates
Aug 22Shareholders May Be More Conservative With TrustCo Bank Corp NY's (NASDAQ:TRST) CEO Compensation For Now
May 14TrustCo Bank Corp NY (NASDAQ:TRST) Pays A US$0.068 Dividend In Just Four Days
Feb 27Here's How We Evaluate TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend
Feb 16
What Type Of Shareholders Make Up TrustCo Bank Corp NY's (NASDAQ:TRST) Share Registry?
Jan 19TrustCo Bank: Securing A 4% Yield With New York Residential Mortgages
Jan 04Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TRST's Assets to Equity ratio (9.5x) is low.
Allowance for Bad Loans: TRST has a sufficient allowance for bad loans (269%).
Low Risk Liabilities: 97% of TRST's liabilities are made up of primarily low risk sources of funding.
Loan Level: TRST has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: TRST's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: TRST has an appropriate level of bad loans (0.4%).