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TRST

TRST - TrustCo Bank Corp NY Stock Price, Fair Value and News

28.05USD+0.19 (+0.68%)Delayed as of 28 Mar 2024, 12:55 pm ET

Market Summary

TRST
USD28.05+0.19
Delayedas of 28 Mar 2024, 12:55 pm
0.68%

TRST Alerts

  • 1 major insider buys recently.
  • Big fall in earnings (Y/Y)

TRST Stock Price

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TRST RSI Chart

TRST Valuation

Market Cap

530.0M

Price/Earnings (Trailing)

9.04

Price/Sales (Trailing)

2.34

EV/EBITDA

-0.18

Price/Free Cashflow

9.07

TRST Price/Sales (Trailing)

TRST Profitability

EBT Margin

34.31%

Return on Equity

9.09%

Return on Assets

0.95%

Free Cashflow Yield

11.03%

TRST Fundamentals

TRST Revenue

Revenue (TTM)

226.2M

Rev. Growth (Yr)

12.59%

Rev. Growth (Qtr)

1.89%

TRST Earnings

Earnings (TTM)

58.6M

Earnings Growth (Yr)

-52.9%

Earnings Growth (Qtr)

-32.92%

Breaking Down TRST Revenue

52 Week Range

26.3632.46
(Low)(High)

Last 7 days

1.3%

Last 30 days

-3.5%

Last 90 days

-13.5%

Trailing 12 Months

-21.9%

How does TRST drawdown profile look like?

TRST Financial Health

TRST Investor Care

Dividend Yield

5.17%

Dividend/Share (TTM)

1.44

Diluted EPS (TTM)

3.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023199.2M211.1M219.7M226.2M
2022166.8M168.9M176.3M186.6M
2021174.2M171.7M169.3M168.0M
2020191.3M187.2M182.7M178.3M
2019184.8M188.7M191.5M192.1M
2018171.4M174.1M177.1M180.9M
2017162.4M164.3M166.6M169.0M
2016160.0M160.5M160.9M161.4M
2015157.8M158.4M159.0M159.3M
2014152.0M153.8M155.5M156.9M
2013153.1M151.2M150.3M151.0M
2012160.4M159.2M157.4M155.0M
2011160.4M159.8M160.3M160.7M
20100161.6M161.9M162.1M
2009000161.4M

Tracking the Latest Insider Buys and Sells of TrustCo Bank Corp NY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 12, 2024
hall michael james
bought
13,700
27.4
500
general counsel & secretary
Feb 13, 2024
curley kevin m
bought
25,006
27.3
916
executive vice president & coo
Feb 02, 2024
hall michael james
bought
12,876
27.81
463
general counsel & secretary
Feb 01, 2024
schreck eric w
bought
28,440
28.44
1,000
evp & treasurer
Nov 17, 2023
salvador scot r
back to issuer
-29,419
27.78
-1,059
evp & evp commerical banking
Nov 17, 2023
schreck eric w
back to issuer
-8,834
27.78
-318
evp & treasurer
Nov 17, 2023
curley kevin m
acquired
-
-
1,059
executive vice president & coo
Nov 17, 2023
leonard robert m
acquired
-
-
1,481
evp & chief risk officer
Nov 17, 2023
curley kevin m
back to issuer
-29,419
27.78
-1,059
executive vice president & coo
Nov 17, 2023
ozimek michael m
acquired
-
-
1,059
executive vice president & cfo

1–10 of 50

Which funds bought or sold TRST recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
12.09
66,381
307,487
-%
Mar 11, 2024
VANGUARD GROUP INC
added
3.86
6,263,310
40,725,800
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
82.02
9,867,660
19,081,300
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.84
35,798
315,002
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
22,000
192,000
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
4.53
59,000
370,000
-%
Feb 15, 2024
Legal & General Group Plc
added
2.63
229,886
1,600,690
-%
Feb 15, 2024
JANE STREET GROUP, LLC
added
76.59
284,543
566,476
-%
Feb 15, 2024
BARCLAYS PLC
added
63.24
567,000
1,227,000
-%
Feb 14, 2024
AMUNDI
added
13.02
16,251
75,794
-%

1–10 of 49

Are Funds Buying or Selling TRST?

Are funds buying TRST calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TRST
No. of Funds

Unveiling TrustCo Bank Corp NY's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.89%
1,311,620
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.2%
1,186,342
SC 13G/A
Jan 23, 2024
blackrock inc.
14.5%
2,754,126
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.6%
1,067,772
SC 13G
Feb 09, 2023
vanguard group inc
6.85%
1,304,610
SC 13G/A
Jan 23, 2023
blackrock inc.
14.3%
2,722,567
SC 13G/A
Feb 10, 2022
vanguard group inc
6.77%
1,302,042
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
4.8%
917,817
SC 13G/A
Jan 27, 2022
blackrock inc.
14.6%
2,803,457
SC 13G/A
Jan 25, 2022
blackrock inc.
14.6%
2,803,457
SC 13G

Recent SEC filings of TrustCo Bank Corp NY

View All Filings
Date Filed Form Type Document
Mar 13, 2024
4
Insider Trading
Mar 11, 2024
10-K
Annual Report
Mar 04, 2024
8-K
Current Report
Feb 21, 2024
8-K
Current Report
Feb 15, 2024
4
Insider Trading
Feb 14, 2024
13F-HR
Fund Holdings Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 06, 2024
4
Insider Trading
Feb 05, 2024
4
Insider Trading

What is the Fair Value of TRST?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to TrustCo Bank Corp NY)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
574.7B
171.1B
9.83% 42.39%
11.6
3.36
60.72% 31.52%
297.7B
130.3B
8.68% 33.18%
11.23
2.29
79.51% -3.68%
206.2B
85.7B
10.06% 39.05%
10.77
2.41
41.49% 39.96%
120.0B
133.3B
10.88% 37.45%
13
0.9
79.09% -
16.4B
10.2B
11.38% -2.76%
10.23
1.61
44.53% -22.43%
14.6B
7.9B
6.82% 30.36%
15.11
1.84
46.47% -49.56%
MID-CAP
7.2B
4.2B
2.60% 18.49%
8.16
1.72
56.25% -23.46%
6.4B
3.9B
0.02% 35.77%
9.4
1.62
45.91% -25.03%
3.3B
1.3B
-0.91% 7.40%
12.35
2.6
43.24% -22.35%
3.2B
2.0B
-1.30% -0.93%
17.55
1.64
70.97% -50.03%
SMALL-CAP
509.4M
120.2M
2.72% 45.71%
19.47
4.24
25.23% -24.02%
428.7M
164.9M
-6.65% 19.35%
36.65
2.6
42.66% -70.76%
411.8M
162.6M
-0.86% -7.25%
13.69
2.53
25.39% -38.37%
313.8M
96.6M
-6.16% 2.24%
9.9
3.25
11.02% -11.37%
46.8M
60.9M
-6.19% -32.56%
-13.99
0.77
24.06% -144.92%

TrustCo Bank Corp NY News

Latest updates
Defense World • 33 hours ago
InvestorPlace • 21 Mar 2024 • 04:46 am
Simply Wall St • 13 Mar 2024 • 07:00 am
Defense World • 09 Mar 2024 • 09:49 am
Yahoo Finance • 25 Feb 2024 • 08:00 am
Simply Wall St • 06 Feb 2024 • 08:00 am

TrustCo Bank Corp NY Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.9%59.0058.0056.0054.0052.0049.0044.0041.0042.0042.0042.0042.0043.0044.0045.0047.0048.0049.0049.0047.0047.00
EBITDA Margin-8.0%1.17*1.27*1.38*1.46*1.52*1.53*1.52*1.50*1.47*1.43*1.38*1.32*---------
Interest Expenses-100.0%-42.0044.0047.0049.0048.0043.0040.0040.0040.0040.0040.0039.0038.0038.0039.0038.0039.0039.0040.0041.00
Income Taxes-33.0%3.005.005.006.007.006.006.006.005.006.005.005.004.005.004.004.004.005.005.005.004.00
Earnings Before Taxes-32.9%13.0019.0022.0024.0028.0026.0023.0023.0022.0022.0019.0019.0018.0019.0015.0018.0018.0019.0020.0019.0020.00
EBT Margin-18.3%0.34*0.42*0.47*0.50*0.53*0.53*0.53*0.52*0.49*0.46*0.44*0.41*---------
Net Income-32.9%10.0015.0016.0018.0021.0019.0018.0017.0016.0017.0014.0014.0014.0014.0011.0013.0014.0015.0015.0015.0016.00
Net Income Margin-18.3%0.26*0.32*0.35*0.38*0.40*0.40*0.40*0.39*0.37*0.35*0.33*0.31*---------
Free Cashflow33.8%15.0011.0015.0018.0021.0022.0021.0010.0010.0016.0018.008.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.9%6,1686,0546,0766,0466,0006,0796,2276,2826,1976,1356,1236,0465,9025,7365,6775,2575,2215,2225,2285,1564,959
    Cash Equivalents13.9%5785076036376518411,0461,2731,2191,1931,1831,1401,107956953536457451560619504
  Net PPE5.8%34.0032.0032.0032.0033.0032.0032.0033.0033.0033.0034.0034.0034.0034.0034.0034.0035.0034.0034.0034.0035.00
Liabilities1.7%5,5235,4305,4545,4315,4005,4905,6325,6895,5955,5485,5445,4755,3345,1755,1244,7084,6834,6964,7124,6554,469
  Short Term Borrowings-13.7%89.00103114134123125147248245231238230215193177148149151167160162
Shareholder's Equity3.4%645624621615600589595593601587579571568561553548538526516502490
  Retained Earnings0.7%425422414405394380367356349340329321314307299295288281272264256
  Additional Paid-In Capital0.0%257257257257257257257257257257257177257176176176176176176177177
Shares Outstanding0%19.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.00----------
Float-------573---645---596---749--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations50.1%17,81611,86615,66718,78022,81022,82322,01610,97711,25916,39118,9858,73014,25119,56413,83714,50514,02719,41717,76512,58918,807
  Share Based Compensation-------------1.004.006.004.005.006.006.00-12.0021.00
Cashflow From Investing36.0%-42,489-66,378-67,951-56,775-114,261-81,203-185,027-36,135-19,684-771-34,966-119,835-16,333-59,432-3,14443,56312,304-106,266-126,970-27,827-34,399
Cashflow From Financing329.5%95,416-41,58418,65724,380-99,214-146,540-63,35378,23634,556-5,06958,396144,379152,86243,351406,09021,139-20,162-22,62950,173130,71653,852
  Dividend Payments0.4%6,8766,8476,8046,8616,8426,6956,7276,7276,5716,5686,5696,5716,5816,5696,5776,6046,6146,5936,5936,5856,596
  Buy Backs-----1,5252,5082,362609-1,60873345.00---3,493---35.00-

TRST Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and dividend income:   
Interest and fees on loans$ 187,456$ 162,214$ 159,168
Interest and dividends on securities available for sale:   
U. S. government sponsored enterprises2,8051,405314
State and political subdivisions222
Mortgage-backed securities and collateralized mortgage obligations-residential6,1465,6774,515
Corporate bonds1,9871,8041,065
Small Business Administration-guaranteed participation securities437551745
Other10920
Total interest and dividends on securities available for sale11,3879,4486,661
Interest on held to maturity securities:   
Mortgage-backed securities and collateralized mortgage obligations-residential296343435
Total interest on held to maturity securities296343435
Federal Home Loan Bank stock500305260
Interest on federal funds sold and other short-term investments26,56714,2921,458
Total interest and dividend income226,206186,602167,982
Interest expense:   
Interest on deposits53,3525,7276,665
Interest on short-term borrowings1,009740909
Total interest expense54,3616,4677,574
Net interest income171,845180,135160,408
Provision (Credit) for credit losses1,250(341)(5,450)
Net interest income after provision (credit) for credit losses170,595180,476165,858
Noninterest income:   
Trustco Financial Services income6,4257,0377,358
Fees for services to customers10,64810,9479,799
Other1,2421,276780
Total noninterest income18,31519,26017,937
Noninterest expense:   
Salaries and employee benefits51,24245,90448,721
Net occupancy expense17,42717,52717,742
Equipment expense7,6106,4876,617
Professional services6,2455,5776,108
Outsourced services10,0399,2108,384
Advertising expense1,8782,0461,975
FDIC and other insurance expense4,3003,1593,010
Other real estate expense, net524310183
Other12,03210,0998,922
Total noninterest expense111,297100,319101,662
Income before income taxes77,61399,41782,133
Income taxes18,96724,18320,614
Net income$ 58,646$ 75,234$ 61,519
Earnings per share:   
Basic (in dollars per share)$ 3.08$ 3.93$ 3.19
Diluted (in dollars per share)$ 3.08$ 3.93$ 3.19
TRST
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. The company was founded in 1902 and is headquartered in Glenville, New York.
 CEO
 WEBSITEwww.trustcobank.com
 EMPLOYEES791

TrustCo Bank Corp NY Frequently Asked Questions


What is the ticker symbol for TrustCo Bank Corp NY? What does TRST stand for in stocks?

TRST is the stock ticker symbol of TrustCo Bank Corp NY. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TrustCo Bank Corp NY (TRST)?

As of Wed Mar 27 2024, market cap of TrustCo Bank Corp NY is 530.02 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TRST stock?

You can check TRST's fair value in chart for subscribers.

What is the fair value of TRST stock?

You can check TRST's fair value in chart for subscribers. The fair value of TrustCo Bank Corp NY is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TrustCo Bank Corp NY is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TRST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TrustCo Bank Corp NY a good stock to buy?

The fair value guage provides a quick view whether TRST is over valued or under valued. Whether TrustCo Bank Corp NY is cheap or expensive depends on the assumptions which impact TrustCo Bank Corp NY's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TRST.

What is TrustCo Bank Corp NY's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, TRST's PE ratio (Price to Earnings) is 9.04 and Price to Sales (PS) ratio is 2.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TRST PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on TrustCo Bank Corp NY's stock?

In the past 10 years, TrustCo Bank Corp NY has provided 0.003 (multiply by 100 for percentage) rate of return.