NasdaqGS - Nasdaq Real Time Price • USD TrustCo Bank Corp NY (TRST) Follow Compare 32.38 +0.54 +(1.70%) At close: January 24 at 4:00:00 PM EST 32.38 0.00 (0.00%) After hours: January 24 at 4:01:11 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations With 71% ownership, TrustCo Bank Corp NY (NASDAQ:TRST) boasts of strong institutional backing Key Insights Significantly high institutional ownership implies TrustCo Bank Corp NY's stock price is sensitive to... Trustco Bank Corp N Y (TRST) Q4 2024 Earnings Call Highlights: Strong Financial Performance and ... Trustco Bank Corp N Y (TRST) reports a 14.6% increase in net income and significant growth in home equity lending, despite slight pressure on net interest margin. TrustCo: Q4 Earnings Snapshot The holding company for Trustco Bank posted revenue of $66.3 million in the period. Its revenue net of interest expense was $43.3 million, surpassing Street forecasts. For the year, the company reported profit of $48.8 million, or $2.57 per share. Trustco Caps Year of Efficiency, Strength, and Value - Reports Fourth Quarter 2024 Net Income of $11.3 Million; $48.8 Million for the Year Executive Snapshot: Continued solid financial results: Key metrics for the fourth quarter 2024: Net income of $11.3 million versus $9.8 million for the fourth quarter 2023Net interest income of $38.9 million, up from $38.6 million compared to the fourth quarter 2023Return on average assets (ROAA) of 0.73% versus 0.64% for the fourth quarter 2023Return on average equity (ROAE) of 6.70% versus 6.21% for the fourth quarter 2023 Capital continues to grow: Consolidated equity to assets increased 3.6% TrustCo to Release Fourth Quarter 2024 Results on January 21, 2025; Conference Call on January 22, 2025 GLENVILLE, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2024 results after the market close on January 21, 2025. Results are released on the 21st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21st falls on a Friday, weekend or holiday. A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on January 22, 2025. Th 3 Dividend Stocks In US Yielding Up To 3.9% As the U.S. stock market experiences a pullback from record highs, investors are keeping a close eye on economic indicators and Federal Reserve decisions that could impact interest rates. In this environment, dividend stocks can offer stability and income potential, making them an attractive option for those looking to navigate market fluctuations while benefiting from regular payouts. TrustCo Bank Corp NY: A Standout No Matter the Economic Environment GLENVILLE, N.Y., Dec. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on December 9, 2024, issued an analysis comparing its performance for the first three quarters of 2024 to that of the Company’s peers on the following metrics: Efficiency Ratio, Cost of Funds, Tier 1 Capital, and Diluted EPS. The referenced charts are attached. Efficiency Ratio2 Efficiency ratio is a numerical representation of what it costs us to make a dollar. As the chart below shows, TrustCo ranks TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend Will Be $0.36 TrustCo Bank Corp NY ( NASDAQ:TRST ) will pay a dividend of $0.36 on the 2nd of January. This means the dividend yield... TrustCo Continues Uninterrupted Century-Long Streak of Dividend Payments – Declares $0.36 Per Share GLENVILLE, N.Y., Nov. 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 19, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on January 2, 2025 to shareholders of record at the close of business on December 6, 2024. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “TrustCo’s owners know that the company reliably has delivered Top 3 US Dividend Stocks To Enhance Your Portfolio In the wake of a benign CPI inflation reading, U.S. stocks have edged higher, with the Dow Jones Industrial Average and other major indices showing modest gains as investors anticipate potential Federal Reserve rate cuts. In this environment, dividend stocks can offer stability and income potential, making them an attractive option for enhancing your portfolio amidst market fluctuations. TrustCo Bank Corp NY Third Quarter 2024 Earnings: EPS: US$0.68 (vs US$0.77 in 3Q 2023) TrustCo Bank Corp NY ( NASDAQ:TRST ) Third Quarter 2024 Results Key Financial Results Revenue: US$43.1m (down 7.7% from... Trustco Bank Corp N Y (TRST) Q3 2024 Earnings Call Highlights: Record Loan Growth and Improved ... Trustco Bank Corp N Y (TRST) reports a 2.6% increase in net income and achieves all-time high loan levels, while maintaining strong credit quality. TrustCo: Q3 Earnings Snapshot GLENVILLE, N.Y. (AP) — TrustCo Bank Corp. NY (TRST) on Monday reported net income of $12.9 million in its third quarter. The Glenville, New York-based bank said it had earnings of 68 cents per share. Trustco Reports Third Quarter 2024 Net Income of $12.9 Million; Skillful Application of Strong Fundamentals Produce Solid Results Executive Snapshot: Average Loan portfolio continues to grow: On average, total loans were up $127.0 million or 2.6% for the third quarter 2024 compared to the third quarter 2023 Continued solid financial results: Key metrics for third quarter 2024: Net income of $12.9 million versus $12.6 million for the second quarter 2024Net interest income of $38.7 million, up from $37.8 million compared to the second quarter of 2024Return on average equity (ROAE) of 7.74% versus 7.76% for the second quarter TrustCo to Release Third Quarter 2024 Results on October 21, 2024; Conference Call on October 22, 2024 GLENVILLE, N.Y., Oct. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2024 results after the market close on October 21, 2024. Results are released on the 21st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21st falls on a Friday, weekend or holiday. A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on October 22, 2024. Tho TrustCo Bank Corp NY (NASDAQ:TRST) shareholders have earned a 33% return over the last year On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path... Rendering Speculation Unnecessary, TrustCo Delivers Again With a Quarterly Dividend of $0.36 Per Share GLENVILLE, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 20, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on October 1, 2024 to shareholders of record at the close of business on September 6, 2024. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “While investors and market-watchers are speculating about what TrustCo Bank Corp NY Second Quarter 2024 Earnings: EPS: US$0.66 (vs US$0.86 in 2Q 2023) TrustCo Bank Corp NY ( NASDAQ:TRST ) Second Quarter 2024 Results Key Financial Results Revenue: US$42.9m (down 13% from... Q2 2024 TrustCo Bank Corp NY Earnings Call Q2 2024 TrustCo Bank Corp NY Earnings Call TrustCo Bank (TRST) Q2 Earnings and Revenues Beat Estimates TrustCo (TRST) delivered earnings and revenue surprises of 24.53% and 6.10%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock? Performance Overview Trailing total returns as of 1/24/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return TRST S&P 500 YTD -2.70% +3.29% 1-Year +13.77% +25.42% 3-Year +10.63% +38.73%