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TrustCo Bank Corp NY (TRST) Competitors

TrustCo Bank Corp NY logo
$36.81 -0.42 (-1.13%)
(As of 12:09 PM ET)

TRST vs. PFS, BANC, AGM, NWBI, DCOM, BHLB, OCFC, BRKL, CFFN, and HIFS

Should you be buying TrustCo Bank Corp NY stock or one of its competitors? The main competitors of TrustCo Bank Corp NY include Provident Financial Services (PFS), Banc of California (BANC), Federal Agricultural Mortgage (AGM), Northwest Bancshares (NWBI), Dime Community Bancshares (DCOM), Berkshire Hills Bancorp (BHLB), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL), Capitol Federal Financial (CFFN), and Hingham Institution for Savings (HIFS). These companies are all part of the "thrifts & mortgage finance" industry.

TrustCo Bank Corp NY vs.

TrustCo Bank Corp NY (NASDAQ:TRST) and Provident Financial Services (NYSE:PFS) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, dividends, profitability, community ranking, risk, analyst recommendations, valuation, earnings and institutional ownership.

In the previous week, TrustCo Bank Corp NY had 1 more articles in the media than Provident Financial Services. MarketBeat recorded 5 mentions for TrustCo Bank Corp NY and 4 mentions for Provident Financial Services. TrustCo Bank Corp NY's average media sentiment score of 1.63 beat Provident Financial Services' score of 1.11 indicating that TrustCo Bank Corp NY is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TrustCo Bank Corp NY
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Provident Financial Services
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 3.9%. Provident Financial Services pays an annual dividend of $0.96 per share and has a dividend yield of 4.6%. TrustCo Bank Corp NY pays out 57.6% of its earnings in the form of a dividend. Provident Financial Services pays out 92.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

TrustCo Bank Corp NY has a net margin of 18.24% compared to Provident Financial Services' net margin of 9.55%. TrustCo Bank Corp NY's return on equity of 7.24% beat Provident Financial Services' return on equity.

Company Net Margins Return on Equity Return on Assets
TrustCo Bank Corp NY18.24% 7.24% 0.77%
Provident Financial Services 9.55%5.21%0.58%

Provident Financial Services has a consensus target price of $23.00, suggesting a potential upside of 9.73%. Given Provident Financial Services' stronger consensus rating and higher probable upside, analysts plainly believe Provident Financial Services is more favorable than TrustCo Bank Corp NY.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TrustCo Bank Corp NY
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Provident Financial Services
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

TrustCo Bank Corp NY has a beta of 0.81, suggesting that its share price is 19% less volatile than the S&P 500. Comparatively, Provident Financial Services has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500.

68.6% of TrustCo Bank Corp NY shares are owned by institutional investors. Comparatively, 72.0% of Provident Financial Services shares are owned by institutional investors. 3.3% of TrustCo Bank Corp NY shares are owned by company insiders. Comparatively, 4.3% of Provident Financial Services shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Provident Financial Services received 122 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. Likewise, 60.04% of users gave Provident Financial Services an outperform vote while only 53.44% of users gave TrustCo Bank Corp NY an outperform vote.

CompanyUnderperformOutperform
TrustCo Bank Corp NYOutperform Votes
171
53.44%
Underperform Votes
149
46.56%
Provident Financial ServicesOutperform Votes
293
60.04%
Underperform Votes
195
39.96%

Provident Financial Services has higher revenue and earnings than TrustCo Bank Corp NY. TrustCo Bank Corp NY is trading at a lower price-to-earnings ratio than Provident Financial Services, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TrustCo Bank Corp NY$171.54M4.13$58.65M$2.5014.89
Provident Financial Services$603.57M4.53$128.40M$1.0420.15

Summary

Provident Financial Services beats TrustCo Bank Corp NY on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRST vs. The Competition

MetricTrustCo Bank Corp NYState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$707.74M$3.29B$10.49B$8.94B
Dividend Yield3.83%3.45%10.24%4.05%
P/E Ratio14.8917.9949.2218.02
Price / Sales4.133.003,332.81155.72
Price / Cash10.9811.3830.8438.60
Price / Book1.061.284.116.66
Net Income$58.65M$405.80M$1.02B$224.93M
7 Day Performance-0.90%-0.35%0.30%2.50%
1 Month Performance13.30%10.25%5.57%10.23%
1 Year Performance31.46%33.42%24.59%30.14%

TrustCo Bank Corp NY Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRST
TrustCo Bank Corp NY
3.4439 of 5 stars
$36.81
-1.1%
N/A+31.5%$699.76M$244.52M14.72753Positive News
PFS
Provident Financial Services
3.3544 of 5 stars
$21.07
-0.2%
$23.00
+9.2%
+29.1%$2.75B$603.57M20.311,142Positive News
BANC
Banc of California
4.7032 of 5 stars
$17.16
-0.4%
$17.30
+0.8%
+36.8%$2.73B$1.97B-4.002,304Short Interest ↓
AGM
Federal Agricultural Mortgage
4.3242 of 5 stars
$212.12
-0.6%
$215.00
+1.4%
+26.2%$2.31B$1.42B13.64185Short Interest ↑
Positive News
NWBI
Northwest Bancshares
1.6716 of 5 stars
$14.73
+0.3%
$11.00
-25.3%
+27.3%$1.88B$701.74M19.122,165Positive News
DCOM
Dime Community Bancshares
3.811 of 5 stars
$36.19
+0.9%
$31.40
-13.2%
+66.3%$1.42B$645.57M24.14820Short Interest ↓
News Coverage
Positive News
BHLB
Berkshire Hills Bancorp
4.0343 of 5 stars
$30.91
+1.4%
$26.80
-13.3%
+39.8%$1.33B$619.08M32.081,340News Coverage
Positive News
OCFC
OceanFirst Financial
2.8258 of 5 stars
$20.68
flat
$19.75
-4.5%
+38.9%$1.21B$384.08M11.77878Positive News
BRKL
Brookline Bancorp
4.2474 of 5 stars
$12.64
+0.4%
$11.50
-9.0%
+24.8%$1.13B$609.22M15.171,018Positive News
CFFN
Capitol Federal Financial
2.6226 of 5 stars
$6.76
+1.2%
$6.75
-0.1%
+20.3%$897.32M$382.09M23.04730Short Interest ↑
News Coverage
HIFS
Hingham Institution for Savings
1.1468 of 5 stars
$282.22
-0.4%
N/A+69.3%$606.77M$190.57M26.8287Dividend Announcement
Positive News

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This page (NASDAQ:TRST) was last updated on 12/3/2024 by MarketBeat.com Staff
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