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2023-09-25 17:40:35 ET Summary TrustCo Bank Corp NY Q2 earnings were mixed, with revenue growth falling short of expectations but still showing solid returns on assets. The bank's average loans reached an all-time high, with residential and commercial loans both increasing. Tr...
2023-09-07 06:05:21 ET Summary Trustco Bank shares have yet to recover from the banking crisis, raising concerns for some investors. The bank has shown impressive growth in its asset base, loans, and deposits. TRST has low exposure to uninsured deposits, a low debt, and is tra...
2023-09-01 05:00:49 ET Worried about a pullback? I don’t blame you . Today we’ll discuss five of the steadiest dividend stocks on the planet. And let’s not confuse stability with penny pinching—these cash cows yield up to 11%! How do we capture payout...
GLENVILLE, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 15, 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 October 2, 2023 to shareh...
2023-07-25 20:44:08 ET TrustCo Bank Corp NY (TRST) Q2 2023 Earnings Call Transcript July 25, 2023, 09:00 AM ET Company Participants Robert J. McCormick - Chairman, President and CEO Michael Ozimek - CFO Scot Salvador - EVP Commercial Banking Conference Call...
2023-07-24 16:12:43 ET TrustCo Bank press release ( NASDAQ: TRST ): Q2 GAAP EPS of $0.86 beats by $0.01 . Revenue of $48.65M (+1.4% Y/Y) misses by $0.93M . Net income of $16.4 million in the second quarter 2023 Net interest income of $44.1 million up 2.3% c...
Executive Snapshot: Continued solid financial results: Key metrics for second quarter 2023: Net income of $16.4 million in the second quarter 2023 Net interest income of $44.1 million up 2.3% compared to $43.1 million in the second quarter of 2022 Return on average a...
GLENVILLE, N.Y., July 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2023 results after the market close on July 24, 2023. Results are released on the 21 st of the reporting months (January, April, July and Oct...
GLENVILLE, N.Y., May 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on May 16, 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 July 3, 2023 to shareholders ...
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...
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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 ...