Trustco Bk Corp N Y Stock Price, News & Analysis

TrustCo (NASDAQ: TRST) reported Q3 2025 results showing continued margin expansion, loan and deposit growth, and share repurchases. Net income was $16.3M or $0.86 diluted EPS, up 26.3% year-over-year. Net interest income rose 11.5% to $43.1M and NIM expanded to 2.79% (up 18 bps). Average loans increased by $125.9M and average deposits by $251.1M. Book value per share was $37.30 (up 6.0%). TrustCo repurchased 467k shares year-to-date with 533k shares remaining authorized.

TrustCo (Nasdaq: TRST) will release third quarter 2025 results after market close on October 21, 2025. A conference call to discuss results is scheduled for 9:00 AM ET on October 22, 2025, with U.S. dial-in 1-833-470-1428, Canada dial-in 1-833-950-0062, access code 142665. A replay will be available for 30 days at 1-866-813-9403, access code 156241, and the live call will be audio webcast and archived for one year.

Company snapshot: a $6.3 billion savings and loan holding company operating 136 offices across NY, NJ, VT, MA and FL. The earnings release will be posted on the company investor relations website and filings remain available on its SEC page.

TrustCo Bank Corp (Nasdaq: TRST) has announced a 5.6% increase in its quarterly cash dividend to $0.38 per share ($1.52 annualized), payable on October 1, 2025, to shareholders of record as of September 5, 2025.

The company highlighted its remarkable dividend history, having paid dividends consistently every quarter since 1904. CEO Robert J. McCormick emphasized TrustCo's strong capital position, which supports both the dividend increase and an ongoing share buyback program.

TrustCo Bank (NASDAQ: TRST) reported outstanding Q2 2025 financial results, with net income rising 19.8% to $15.0 million ($0.79 per diluted share) compared to Q2 2024. The bank achieved net interest income growth of 10.5% to $41.7 million, while net interest margin expanded to 2.71%, up 18 basis points year-over-year.

Key highlights include average loan growth of $115.6 million and average deposit increase of $173.4 million compared to Q2 2024. Notable growth areas included an 18% increase in home equity credit lines and 11% growth in commercial loans. The bank's asset quality remained strong with improved NPL ratios, while wealth management fees increased 13% to $1.8 million.

TrustCo's capital position strengthened with equity-to-assets ratio reaching 10.91%, and book value per share increased to $36.75. During Q2 2025, the bank repurchased 169,000 shares under its stock repurchase program.

TrustCo Bank Corp NY (Nasdaq: TRST), a $6.3 billion savings and loan holding company, has scheduled its second quarter 2025 earnings release for July 21, 2025 after market close. The company will host a conference call to discuss the results on July 22, 2025 at 9:00 a.m. Eastern Time.

TrustCo operates 136 offices across New York, New Jersey, Vermont, Massachusetts, and Florida through its subsidiary, Trustco Bank. The bank offers comprehensive services including wealth management, retirement planning, and trust and estate administration services.

TrustCo Bank Corp NY (Nasdaq: TRST) has declared a quarterly cash dividend of $0.36 per share, equivalent to $1.44 per share annually. The dividend will be paid on July 1, 2025, to shareholders of record as of June 6, 2025. CEO Robert J. McCormick highlighted the company's strong first-quarter performance and emphasized the significance of their dividend program, which has maintained an uninterrupted distribution streak since 1904, supporting shareholders' important life expenses such as college tuition and retirement funding.

TrustCo Bank Corp NY (NASDAQ: TRST) reported strong Q1 2025 financial results with net income of $14.3 million, up 17.7% from Q1 2024. Key highlights include:

• Net interest income increased 10.4% to $40.4 million
• Average loans grew by $104.7 million (2.1%)
• Average deposits rose by $103.3 million (1.9%)
• Book value per share reached $36.16, up from $34.12

The bank announced a stock repurchase program for up to 1 million shares (approximately 5% of outstanding stock). Asset quality remained strong with non-performing loans at 0.37%. Wealth Management income showed significant growth, with fees increasing 16.7% to $2.1 million and assets under management rising 17.4% to $1.2 billion.

TrustCo Bank Corp NY (NASDAQ: TRST) has scheduled the release of its first quarter 2025 financial results after market close on April 21, 2025. The company will host a conference call to discuss the results on April 22, 2025, at 9:00 a.m. Eastern Time.

TrustCo operates as a $6.2 billion savings and loan holding company through its subsidiary, Trustco Bank, with 136 offices across New York, New Jersey, Vermont, Massachusetts, and Florida. The bank offers comprehensive services including wealth management, investment services, retirement planning, and trust and estate administration.

TrustCo Bank Corp NY (Nasdaq: TRST) has announced a significant stock repurchase program approved by its Board of Directors. The program authorizes the repurchase of up to 1,000,000 shares of common stock, representing approximately 5% of current outstanding shares.

The repurchases can be executed through open market transactions, private dealings, block trades, or via Rule 10b5-1 trading plans. The program will span approximately twelve months, with management conducting purchases at their discretion based on stock prices, market conditions, and alternative capital uses.

Chairman, President, and CEO Robert J. McCormick described this as a 'bold move to strategically deploy capital,' viewing it as an opportunity for value enhancement if the stock is undervalued relative to business strength. The company maintains flexibility to suspend, modify, or terminate the program based on market conditions and other factors.