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TrustCo Bank Corp NY NasdaqGS:TRST Stock Report

Last Price

US$27.80

Market Cap

US$528.9m

7D

-1.3%

1Y

-1.9%

Updated

03 Jun, 2024

Data

Company Financials +

TrustCo Bank Corp NY

NasdaqGS:TRST Stock Report

Market Cap: US$528.9m

TRST Stock Overview

Operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses.

TRST fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

TrustCo Bank Corp NY Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TrustCo Bank Corp NY
Historical stock prices
Current Share PriceUS$27.80
52 Week HighUS$32.10
52 Week LowUS$23.78
Beta0.85
1 Month Change-0.47%
3 Month Change1.05%
1 Year Change-1.94%
3 Year Change-22.82%
5 Year Change-26.16%
Change since IPO700.47%

Recent News & Updates

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

Apr 26
Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

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

Apr 22

Recent updates

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

Apr 26
Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

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

Apr 22

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

Nov 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

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

Mar 24
Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?

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

Feb 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36

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

Aug 20
TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35

TrustCo Bank: Stable And Attractively Valued

Aug 20

TrustCo Bank: A 4.5% Yield For A Bank Trading At TBV

May 24

TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure

Jan 10

TrustCo Bank: Tremendously Positioned For Rate Hikes

Oct 25

TrustCo Bank: The Recent Pullback Is All About Interest Rates

Aug 22

Shareholders May Be More Conservative With TrustCo Bank Corp NY's (NASDAQ:TRST) CEO Compensation For Now

May 14
Shareholders May Be More Conservative With TrustCo Bank Corp NY's (NASDAQ:TRST) CEO Compensation For Now

TrustCo Bank Corp NY (NASDAQ:TRST) Pays A US$0.068 Dividend In Just Four Days

Feb 27
TrustCo Bank Corp NY (NASDAQ:TRST) Pays A US$0.068 Dividend In Just Four Days

Here's How We Evaluate TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend

Feb 16
Here's How We Evaluate TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend

What Type Of Shareholders Make Up TrustCo Bank Corp NY's (NASDAQ:TRST) Share Registry?

Jan 19
What Type Of Shareholders Make Up TrustCo Bank Corp NY's (NASDAQ:TRST) Share Registry?

Shareholder Returns

TRSTUS BanksUS Market
7D-1.3%0.2%-0.6%
1Y-1.9%34.2%22.5%

Return vs Industry: TRST underperformed the US Banks industry which returned 34.2% over the past year.

Return vs Market: TRST underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is TRST's price volatile compared to industry and market?
TRST volatility
TRST Average Weekly Movement3.8%
Banks Industry Average Movement4.0%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: TRST has not had significant price volatility in the past 3 months.

Volatility Over Time: TRST's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1902761Rob McCormickwww.trustcobank.com

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities.

TrustCo Bank Corp NY Fundamentals Summary

How do TrustCo Bank Corp NY's earnings and revenue compare to its market cap?
TRST fundamental statistics
Market capUS$528.88m
Earnings (TTM)US$53.03m
Revenue (TTM)US$178.40m

10.0x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRST income statement (TTM)
RevenueUS$178.40m
Cost of RevenueUS$0
Gross ProfitUS$178.40m
Other ExpensesUS$125.37m
EarningsUS$53.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.79
Gross Margin100.00%
Net Profit Margin29.72%
Debt/Equity Ratio14.5%

How did TRST perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

52%

Payout Ratio

Does TRST pay a reliable dividends?

See TRST dividend history and benchmarks
When do you need to buy TRST by to receive an upcoming dividend?
TrustCo Bank Corp NY dividend dates
Ex Dividend DateJun 07 2024
Dividend Pay DateJul 01 2024
Days until Ex dividend3 days
Days until Dividend pay date27 days

Does TRST pay a reliable dividends?

See TRST dividend history and benchmarks
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