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2023-12-26 18:00:00 ET Summary Trustco Bank's shares have outperformed the market, up 9.2% compared to the S&P 500's 6.9% increase. The bank has seen a decline in the value of deposits and an uptick in uninsured deposit exposure. Despite weaknesses, the stock is still chea...
GLENVILLE, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 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 January 2, 2024 to shar...
2023-10-24 12:05:20 ET TrustCo Bank Corp NY (TRST) Q3 2023 Earnings Call Transcript October 24, 2023 09:00 AM ET Company Participants Robert J. McCormick - Chairman, President and CEO Michael Ozimek - CFO Scot Salvador - EVP Commercial Banking Conference Ca...
Reports Third Quarter Net Income Of $14.7 million Executive Snapshot: Loan portfolio reaches all-time high: Total loans were up $330.8 million or 7.1% for the third quarter 2023 compared to third quarter 2022 At $5.0 billion as of September 30, 2023, loans continue to ...
Grandsouth Bancorporation (GRRB) is expected to report for quarter end 2023-09-30 Cadence Bank (CADE) is expected to report $0.56 for Q3 2023 Enterprise Financial Services Corporation (EFSC) is expected to report $1.24 for Q3 2023 Blackhawk Bancorp Inc. (BHWB) is expected to report fo...
TrustCo Bank Corp NY (TRST) is expected to report $0.76 for Q3 2023
GLENVILLE, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- On October 17, 2023, TrustCo Bank Corp NY (the "Company") ( Nasdaq: TRST) announced that Steffani Cotugno, D.O. was elected to the Boards of Directors of the Company and its subsidiary, Trustco Bank. Dr. Cotugno is a primary care physicia...
GLENVILLE, N.Y., Oct. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2023 results after the market close on October 23, 2023. Results are released on the 21 st of the reporting months (January, April, July and O...
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...
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Executive Snapshot: Average Loan portfolio continues to grow: On average, total loans were up $249.4 million or 5.2% for the first quarter 2024 compared to first quarter 2023 Continued solid financial results: Key metrics for first quarter 2024: Net incom...
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GLENVILLE, N.Y., April 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY ((TrustCo, NASDAQ:TRST) today announced that it will release first quar...