8-K Announcements
6Material company update
May 20, 2026·SEC
Material company update
May 20, 2026·SEC
Material company update
Apr 21, 2026·SEC
TrustCo Bank Corp NY(TRST)Earnings, Financials & Key Ratios
TRST•NASDAQ•Banking & Credit
$54.71
16.8× P/E·Price updated Jul 7, 2026
AboutTrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. 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. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. As of December 31, 2021, it operated through 147 banking offices and 163 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.Show more
- Net Interest Income$169M+11.2%
- Total Revenue$278M+5.8%
- Net Income$61M+25.2%
- Return on Equity8.97%+21.4%
- Net Interest Margin2.62%+7.7%
- Efficiency Ratio37.91%-5.7%
- ROA0.96%+22.5%
- Equity / Assets10.66%-1.7%
- Book Value per Share37.46+5.4%
TRST Price & Volume
TrustCo Bank Corp NY (TRST) stock price & volume — 10-year historical chart
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Residential Mortgage Focus Drives Consistent Margin Expansion
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Fortress
Cash Flow:Stable
Primary Risk:Residential mortgage concentration risk
Key Thesis Takeaways
- TrustCo Bank Corp demonstrates a disciplined, conservative growth strategy centered on residential mortgage retention, which has successfully propelled net interest income from $36.6 million in 2024Q1 to $44.7 million by 2026Q1.
- While the bank's fortress-like balance sheet and 0.10 equity-to-assets ratio provide significant stability, the heavy concentration in residential assets warrants caution regarding potential localized housing market volatility.
- Investors should monitor whether the recent shift toward aggressive capital returns, evidenced by $23.9 million in 2026Q1 share repurchases, can be sustained alongside the bank's ongoing asset growth requirements.
Verdict Logic
while the bank shows strong earnings growth with a 21.3% year-over-year EPS increase in 2026Q1, the current valuation at a 1.46 P/B ratio and a 19.05 forward P/E suggests that much of the operational improvement is already priced into the stock.
TRST Growth Metrics
TrustCo Bank Corp NY (TRST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.62%
5 Years7.33%
3 Years10.58%
TTM-
Profit CAGR
10 Years3.77%
5 Years3.11%
3 Years-6.68%
TTM23.86%
EPS CAGR
10 Years3.89%
5 Years3.62%
3 Years-6.14%
TTM27.24%
Return on Capital
10 Years13.7%
5 Years12.27%
3 Years10.53%
Last Year10.64%
TRST Recent Earnings
TrustCo Bank Corp NY (TRST) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (88%)●Beat Revenue 6/12 qtrs (75%)
Q2 2026Latest
Apr 21, 2026Metric
Actual
Est
EPS
$0.91
—
Rev
$50M
—
Q2 2026
Mar 16, 2026Metric
Actual
Est
EPS
$0.85
—
Rev
$71M
—
Q1 2026
Jan 21, 2026Metric
Actual
Est
EPS
$0.85+6.3%
$0.80
Rev
$71M+44.8%
$49M
Q4 2025
Oct 21, 2025Metric
Actual
Est
EPS
$0.86+17.8%
$0.73
Rev
$48M+1.1%
$47M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 21, 2026 | $0.91 | $50M |
| Q2 2026 | Mar 16, 2026 | $0.85 | $71M |
| Q1 2026 | Jan 21, 2026 | $0.85vs $0.80+6.3% | $71Mvs $49M+44.8% |
| Q4 2025 | Oct 21, 2025 | $0.86vs $0.73+17.8% | $48Mvs $47M+1.1% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for TrustCo Bank Corp NY (TRST)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $54.71 | $956.05M | 16.83 | 5.77% | 21.97% | 8.97% | 2.75% | |
| $49.63 | $2.58B | 14.90 | 10.36% | 19.66% | 9.83% | — | |
| $58.84 | $8.58B | 14.42 | 2.23% | 26.11% | 14.78% | — | |
| $38.51 | $758.12M | 10.67 | 43.07% | 20.88% | 12.72% | — | |
| $14.84 | $619.78M | 749.49 | -26.69% | 1.79% | 0.68% | — | |
| $74.33 | $358.26M | 23.75 | -6.46% | 12.83% | 7.33% | — |
Compare TRST vs Peers
TrustCo Bank Corp NY (TRST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TRST SEC Filings & Documents
TrustCo Bank Corp NY (TRST) SEC filings — annual & quarterly reports (10-K, 10-Q)
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TRST Frequently Asked Questions
TrustCo Bank Corp NY (TRST) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is TrustCo Bank Corp NY growing?
TrustCo Bank Corp NY (TRST) grew revenue by 5.8% over the past year. This is steady growth.
Is TRST profitable?
Yes, TrustCo Bank Corp NY (TRST) is profitable, generating $63.1M in net income for fiscal year 2025 (22.0% net margin).
Dividend & Returns
Does TRST pay dividends?
Yes, TrustCo Bank Corp NY (TRST) pays a dividend with a yield of 2.75%. This makes it attractive for income-focused investors.
What is TRST's return on equity?
TrustCo Bank Corp NY (TRST) has a return on equity (ROE) of 9.0%. This is below average, suggesting room for improvement.
Industry Metrics
What is TrustCo Bank Corp NY's net interest margin?
TrustCo Bank Corp NY (TRST) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.
What is TrustCo Bank Corp NY's efficiency ratio?
TrustCo Bank Corp NY (TRST) has an efficiency ratio of 37.9%. This is excellent, indicating strong cost control.