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2023-04-25 16:57:25 ET Summary We continue our coverage of regional banks looking for signs of a run on deposits in smaller community oriented banks. TrustCo Q1 earnings were lower than expected but loan demand remains robust, while net interest margins have peaked. Shares hav...
2023-04-25 15:50:06 ET TrustCo Bank Corp (TRST) Q1 2023 Earnings Conference Call April 25, 2023 09:00 ET Company Participants Robert McCormick - President & Chief Executive Officer Michael Ozimek - Executive Vice President & Chief Financial Officer Scot S...
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 qua...
Executive Snapshot: Continued solid financial results: Key metrics for first quarter 2023: 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...
GLENVILLE, N.Y., April 11, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2023 results after the market close on April 24, 2023. Results are released on the 21 st of the reporting months (January, April, July and Oc...
TrustCo Bank ( NASDAQ: TRST ) declares $0.36/share quarterly dividend , in line with previous. Forward yield 3.89% Payable April 3; for shareholders of record March 3; ex-div March 2. See TRST Dividend Scorecard, Yield Chart, & Dividend Growth. For furthe...
GLENVILLE, N.Y., Feb. 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on February 21, 2023 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 April 3, 2023 to shareho...
TrustCo Bank Corp NY (TRST) Q4 2022 Earnings Conference Call January 24, 2023 9:00 am ET Company Participants Robert McCormick - President, Chief Executive Officer Michael Ozimek - Executive Vice President, Chief Financial Officer Scot Salvador - Executive Vice Preside...
Summary A true community-oriented bank focused on traditional, simple community banking. Q4 earnings show strength across the board with improving loans, better returns on assets, and strong quality metrics. Shares are a little pricey relative to book, so we prefer to let the stock ...
TrustCo Bank press release ( NASDAQ: TRST ): Q4 GAAP EPS of $1.10 beats by $0.11 . Revenue of $53.96M (+20.4% Y/Y) beats by $1.64M . For further details see: TrustCo Bank GAAP EPS of $1.10 beats by $0.11, revenue of $53.96M beats by $1.64M
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GLENVILLE, N.Y., July 16, 2024 (GLOBE NEWSWIRE) -- Robert J. McCormick, Chairman, President, and Chief Executive Officer of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) and Trustco Bank, a subsidiary of TrustCo, announced the appointment of Executive Vice President Robert M. Leonard as Chief Oper...
GLENVILLE, N.Y., July 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2024 results after the market close on July 22, 2024. Results are released on the 21 st of the reporting months (January, April, July and Oct...
GLENVILLE, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on May 21, 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 July 1, 2024 to shareholders ...