2023-04-24 16:04:36 ET
- TrustCo Bank press release ( NASDAQ: TRST ): Q1 GAAP EPS of $0.93 misses by $0.09 .
- Revenue of $51.64M (+14.0% Y/Y) misses by $1.7M .
- Net income of $17.7 million in the first quarter 2023 up 3.8% compared to $17.1 million in the first quarter 2022
- Net interest income of $47.0 up 17.1% compared to $40.1 million in the first quarter of 2022
- Total deposits as of March 31, 2023 increased $19.6 million to $5.2 billion from December 31, 2022
- Time deposits increased $251.5 million or 24.5% up from December 31, 2022
- Consolidated equity to assets increased to 10.17% at March 31, 2023 from 9.44% at March 31, 2022
For further details see:
TrustCo Bank GAAP EPS of $0.93 misses by $0.09, revenue of $51.64M misses by $1.7M