Trustco Bk Corp N Y Financials
This page shows Trustco Bk Corp N Y (TRST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Trustco Bk Corp N Y's revenue grew 7.6% year-over-year to $243.3M, a solid pace of expansion. This earns a growth score of 50/100.
Trustco Bk Corp N Y has elevated debt relative to equity (D/E of 8.22), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Trustco Bk Corp N Y converts 22.4% of revenue into free cash flow ($54.6M). This strong cash generation earns a score of 100/100.
Trustco Bk Corp N Y generates a 7.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is down from 9.1% the prior year.
Trustco Bk Corp N Y passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Trustco Bk Corp N Y generates $1.22 in operating cash flow ($59.4M OCF vs $48.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Trustco Bk Corp N Y generated $243.3M in revenue in fiscal year 2024. This represents an increase of 7.6% from the prior year.
Trustco Bk Corp N Y generated $54.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 6.7% from the prior year.
Trustco Bk Corp N Y reported $48.8M in net income in fiscal year 2024. This represents a decrease of 16.7% from the prior year.
Trustco Bk Corp N Y earned $2.57 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 16.6% from the prior year.
Trustco Bk Corp N Y held $641.8M in cash against $0 in long-term debt as of fiscal year 2024.
Trustco Bk Corp N Y paid $1.44 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Trustco Bk Corp N Y had 19M shares outstanding in fiscal year 2024. This represents a decrease of 0.0% from the prior year.
Trustco Bk Corp N Y's net profit margin was 20.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.9 percentage points from the prior year.
Trustco Bk Corp N Y's ROE was 7.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.9 percentage points from the prior year.
Trustco Bk Corp N Y spent $374K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Trustco Bk Corp N Y invested $4.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 13.8% from the prior year.
TRST Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.0M+2.4% | $64.5M+2.6% | $62.8M+7.1% | $58.6M+1.9% | $57.6M+2.6% | $56.1M+4.0% | $53.9M+3.5% | $52.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $22.9M+0.8% | $22.7M+1.3% | $22.4M+12.0% | $20.0M+30.7% | $15.3M+27.4% | $12.0M+72.7% | $7.0M+140.4% | $2.9M |
| Income Tax | $5.1M+7.9% | $4.7M+5.5% | $4.4M+45.6% | $3.1M-33.0% | $4.6M-16.4% | $5.5M-7.8% | $5.9M-10.4% | $6.6M |
| Net Income | $16.3M+8.1% | $15.0M+5.4% | $14.3M+45.0% | $9.8M-32.9% | $14.7M-10.3% | $16.4M-7.7% | $17.7M-15.1% | $20.9M |
| EPS (Diluted) | $0.86+8.9% | $0.79+5.3% | $0.75+44.2% | $0.52-32.5% | $0.77-10.5% | $0.86-7.5% | $0.93-15.5% | $1.10 |
TRST Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.3B0.0% | $6.3B+0.2% | $6.3B+2.8% | $6.2B+1.9% | $6.1B-0.4% | $6.1B+0.5% | $6.0B+0.8% | $6.0B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $695.6M-2.5% | $713.6M-5.6% | $756.1M+30.8% | $578.0M+13.9% | $507.3M-15.9% | $603.4M-5.3% | $637.0M-2.1% | $650.6M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.7B0.0% | $5.7B+0.1% | $5.7B+2.3% | $5.5B+1.7% | $5.4B-0.4% | $5.5B+0.4% | $5.4B+0.6% | $5.4B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $692.0M-0.1% | $692.8M+0.7% | $687.8M+6.6% | $645.3M+3.4% | $623.9M+0.4% | $621.4M+1.1% | $614.7M+2.5% | $600.0M |
| Retained Earnings | $471.3M+2.0% | $462.2M+1.8% | $453.9M+6.8% | $425.1M+0.7% | $422.1M+1.9% | $414.3M+2.4% | $404.7M+2.8% | $393.8M |
TRST Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.8M-52.7% | $27.1M+2013.4% | $1.3M-92.8% | $17.8M+50.1% | $11.9M-24.3% | $15.7M-16.6% | $18.8M-17.7% | $22.8M |
| Capital Expenditures | $2.8M+32.8% | $2.1M-53.4% | $4.5M+49.8% | $3.0M+272.4% | $815K-23.0% | $1.1M+39.9% | $757K-53.7% | $1.6M |
| Free Cash Flow | $10.0M-59.9% | $24.9M+863.6% | -$3.3M-122.1% | $14.8M+33.8% | $11.1M-24.3% | $14.6M-18.9% | $18.0M-14.9% | $21.2M |
| Investing Cash Flow | -$18.8M+63.2% | -$51.2M-406.1% | $16.7M+139.3% | -$42.5M+36.0% | -$66.4M+2.3% | -$68.0M-19.7% | -$56.8M+50.3% | -$114.3M |
| Financing Cash Flow | -$12.0M+34.8% | -$18.4M-119.1% | $96.3M+1.0% | $95.4M+329.5% | -$41.6M-322.9% | $18.7M-23.5% | $24.4M+124.6% | -$99.2M |
| Dividends Paid | $6.8M-0.4% | $6.8M-0.1% | $6.8M-0.4% | $6.9M+0.4% | $6.8M+0.6% | $6.8M-0.8% | $6.9M+0.3% | $6.8M |
| Share Buybacks | $11.5M | N/A | N/A | $0 | $0 | $0 | $0-100.0% | $1.5M |
TRST Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 24.6%+1.3pp | 23.3%+0.6pp | 22.7%+5.9pp | 16.8%-8.7pp | 25.5%-3.7pp | 29.2%-3.7pp | 32.9%-7.3pp | 40.2% |
| Return on Equity | 2.4%+0.2pp | 2.2%+0.1pp | 2.1%+0.5pp | 1.5%-0.8pp | 2.4%-0.3pp | 2.6%-0.3pp | 2.9%-0.6pp | 3.5% |
| Return on Assets | 0.3%+0.0pp | 0.2%0.0pp | 0.2%+0.1pp | 0.2%-0.1pp | 0.2%-0.0pp | 0.3%-0.0pp | 0.3%-0.1pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.17+0.0 | 8.16-0.1 | 8.22-0.3 | 8.56-0.1 | 8.70-0.1 | 8.78-0.1 | 8.84-0.2 | 9.00 |
| FCF Margin | 15.1%-23.5pp | 38.7%+43.9pp | -5.2%-30.4pp | 25.2%+6.0pp | 19.2%-6.9pp | 26.1%-7.4pp | 33.4%-7.2pp | 40.7% |
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Frequently Asked Questions
What is Trustco Bk Corp N Y's annual revenue?
Trustco Bk Corp N Y (TRST) reported $243.3M in total revenue for fiscal year 2024. This represents a 7.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Trustco Bk Corp N Y's revenue growing?
Trustco Bk Corp N Y (TRST) revenue grew by 7.6% year-over-year, from $226.2M to $243.3M in fiscal year 2024.
Is Trustco Bk Corp N Y profitable?
Yes, Trustco Bk Corp N Y (TRST) reported a net income of $48.8M in fiscal year 2024, with a net profit margin of 20.1%.
What is Trustco Bk Corp N Y's earnings per share (EPS)?
Trustco Bk Corp N Y (TRST) reported diluted earnings per share of $2.57 for fiscal year 2024. This represents a -16.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Trustco Bk Corp N Y's net profit margin?
Trustco Bk Corp N Y (TRST) had a net profit margin of 20.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Trustco Bk Corp N Y pay dividends?
Yes, Trustco Bk Corp N Y (TRST) paid $1.44 per share in dividends during fiscal year 2024.
What is Trustco Bk Corp N Y's return on equity (ROE)?
Trustco Bk Corp N Y (TRST) has a return on equity of 7.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Trustco Bk Corp N Y's free cash flow?
Trustco Bk Corp N Y (TRST) generated $54.6M in free cash flow during fiscal year 2024. This represents a -6.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Trustco Bk Corp N Y's operating cash flow?
Trustco Bk Corp N Y (TRST) generated $59.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Trustco Bk Corp N Y's total assets?
Trustco Bk Corp N Y (TRST) had $6.2B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Trustco Bk Corp N Y's capital expenditures?
Trustco Bk Corp N Y (TRST) invested $4.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Trustco Bk Corp N Y buy back shares?
Yes, Trustco Bk Corp N Y (TRST) spent $374K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Trustco Bk Corp N Y have outstanding?
Trustco Bk Corp N Y (TRST) had 19M shares outstanding as of fiscal year 2024.
What is Trustco Bk Corp N Y's debt-to-equity ratio?
Trustco Bk Corp N Y (TRST) had a debt-to-equity ratio of 8.22 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trustco Bk Corp N Y's return on assets (ROA)?
Trustco Bk Corp N Y (TRST) had a return on assets of 0.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Trustco Bk Corp N Y's Piotroski F-Score?
Trustco Bk Corp N Y (TRST) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trustco Bk Corp N Y's earnings high quality?
Trustco Bk Corp N Y (TRST) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Trustco Bk Corp N Y?
Trustco Bk Corp N Y (TRST) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.