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TrustCo Bank Corp NY NasdaqGS:TRST Stock Report

Last Price

US$37.56

Market Cap

US$714.2m

7D

3.5%

1Y

37.0%

Updated

27 Nov, 2024

Data

Company Financials

TrustCo Bank Corp NY

NasdaqGS:TRST Stock Report

Market Cap: US$714.2m

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. More details

TRST fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Rewards

Risk Analysis

No risks detected for TRST from our risk checks.

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$37.56
52 Week HighUS$38.89
52 Week LowUS$25.83
Beta0.82
11 Month Change12.25%
3 Month Change8.34%
1 Year Change37.03%
33 Year Change15.93%
5 Year Change-13.16%
Change since IPO981.50%

Recent News & Updates

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

Nov 23
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Recent updates

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

Nov 23
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

TrustCo Bank: Very Strong Performance, Run A House Position

Jul 22

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

Shareholder Returns

TRSTUS BanksUS Market
7D3.5%3.8%1.6%
1Y37.0%56.7%32.3%

Return vs Industry: TRST underperformed the US Banks industry which returned 59.4% over the past year.

Return vs Market: TRST exceeded the US Market which returned 32.4% over the past year.

Price Volatility

Is TRST's price volatile compared to industry and market?
TRST volatility
TRST Average Weekly Movement5.0%
Banks Industry Average Movement5.1%
Market Average Movement6.3%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: TRST's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1902735Rob 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$714.22m
Earnings (TTM)US$47.40m
Revenue (TTM)US$168.59m

15.1x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRST income statement (TTM)
RevenueUS$168.59m
Cost of RevenueUS$0
Gross ProfitUS$168.59m
Other ExpensesUS$121.19m
EarningsUS$47.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.49
Gross Margin100.00%
Net Profit Margin28.12%
Debt/Equity Ratio13.7%

How did TRST perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

58%

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 DateDec 06 2024
Dividend Pay DateJan 02 2025
Days until Ex dividend7 days
Days until Dividend pay date34 days

Does TRST pay a reliable dividends?

See TRST dividend history and benchmarks