TRUSTCO BANK CORP N Y SEC Filings

TrustCo Bank Corp NY VP, Treasurer and Assistant Corporate Secretary Lauren Ann McCormick reported a purchase of 103 shares of common stock of TRUSTCO BANK CORP N Y on 2026-08-12 at $56.51 per share. The shares are held indirectly as UGMA custodian for a child, and McCormick disclaims beneficial ownership to the extent she has no pecuniary interest in them. On the same date she also reported 533 shares held directly, 42,923 shares held indirectly by spouse, and 1,756 shares held indirectly as trustee for a child.

TRUSTCO BANK CORP N Y officer Lauren Ann McCormick reported acquiring 1,756 shares of common stock on July 27, 2026 as a bona fide gift, held indirectly as co-trustee of a trust for her child. She also reports 533 shares held directly and 42,923 shares held indirectly by her spouse.

TrustCo Bank Corp NY filed a Form 13F holdings report as an institutional investment manager. The report covers 147 reportable equity positions with an aggregate Form 13F information table value of 137,123,681 dollars.

The filing also identifies 1 other included manager, Trustco Bank, indicating a consolidated reporting structure for these investment holdings.

TrustCo Bank Corp reported higher profitability for the quarter and six months ended June 30, 2026. Quarterly net income was $16,965 thousand versus $15,039 thousand a year earlier, with basic and diluted EPS at $0.98 compared with $0.79. For the first half of 2026, net income was $33,250 thousand versus $29,314 thousand, and EPS was $1.89 versus $1.54.

Net interest income rose to $45,590 thousand in the quarter from $41,746 thousand as total interest income increased faster than interest expense. Loans grew to $5,377,235 thousand and deposits to $5,681,566 thousand, while the allowance for credit losses on loans increased to $54,082 thousand. Shareholders’ equity was $656,009 thousand, reflecting earnings, dividends, other comprehensive loss, and treasury stock purchases.

HoldCo Opportunities Fund V, L.P. and affiliated entities reported owning 872,744 shares of TrustCo Bank Corp NY common stock, representing 5.1% of the outstanding shares based on 17,028,000 shares outstanding as of June 30, 2026. The position, acquired for an aggregate purchase price of approximately $31,004,179, was funded with working capital and may be maintained in margin accounts.

The investors state they purchased the shares because they believed they were undervalued and represented an attractive opportunity. They have engaged, and expect to continue to engage, in discussions with management and the Board about ways to enhance shareholder value and may consider proposals regarding capitalization, ownership structure, board composition, or potential business combinations or dispositions, while reserving the flexibility to buy or sell shares or use hedging strategies over time.

TrustCo Bank Corp NY delivered stronger profitability for the quarter ended June 30, 2026. Net income was $17.0 million, up 12.8% from $15.0 million a year earlier, and diluted EPS rose 24.1% to $0.98. Net interest income increased 9.2% to $45.6 million as net interest margin expanded to 2.87% from 2.71%, driven by ongoing repricing of the loan portfolio at higher yields and lower interest expense.

Average loans grew $197.5 million, or 3.8%, led by residential mortgages and home equity credit lines, while average deposits also increased 3.8%, supporting balance-sheet growth. For the first six months of 2026, net income reached $33.3 million, or $1.89 per diluted share, compared with $29.3 million, or $1.54, in the prior-year period. Book value per share rose to $38.53 as of June 30, 2026.

Asset quality remained solid, with nonperforming loans at 0.40% of total loans and an allowance for credit losses equal to 1.01% of loans, covering nonperforming loans 248.6%. Capital stayed robust with an equity-to-assets ratio of 10.05%. TrustCo repurchased one million shares, or 5.6% of outstanding common stock, in the first half of 2026 under a 2026 program authorizing up to two million shares, and has repurchased 10.5% of shares under its 2025 and 2026 programs.

TrustCo Bank Corp NY announced it will release second quarter 2026 financial results after the market close on July 21, 2026. A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on July 22, 2026, with both dial-in and webcast access and a replay available for one year. The earnings release and other investor materials, including the most recent annual report, proxy statement and SEC filings, will be available on the company’s investor relations website. TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company operating 132 offices in New York, New Jersey, Vermont, Massachusetts, and Florida through its subsidiary Trustco Bank.

TRUSTCO BANK CORP N Y director Lisa M. Lucarelli reported small open-market share purchases by immediate family members. Two family accounts each bought 100 shares of common stock at $52.29 per share on June 4, 2026, for a total of 200 shares acquired indirectly.

After these transactions, Lucarelli’s directly held position is reported at 3,013 shares, and each of the two immediate family members holds 100 shares indirectly attributed to her. These are routine-scale insider purchases that modestly increase the Lucarelli family’s overall exposure to TRST stock.

TrustCo Bank Corp NY registers 1,122,970 shares of common stock for its Dividend Reinvestment and Stock Purchase Plan. The prospectus describes the Plan that lets participants reinvest dividends and make optional cash purchases (minimum initial $50, subsequent minimum $25, $50,000 monthly cap). Purchases may be made from the issuer (new or treasury shares) or on the open market; pricing methods include average of Nasdaq high and low on purchase dates and volume-weighted average pricing for waiver purchases. The prospectus states proceeds, if any, will be added to general corporate funds.