TRST vs. PFS, WAFD, AGM, NWBI, DCOM, BHLB, BRKL, OCFC, CFFN, and TREE
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), WaFd (WAFD), Federal Agricultural Mortgage (AGM), Northwest Bancshares (NWBI), Dime Community Bancshares (DCOM), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Capitol Federal Financial (CFFN), and LendingTree (TREE). These companies are all part of the "thrifts & mortgage finance" industry.
TrustCo Bank Corp NY vs.
Provident Financial Services (NYSE:PFS) and TrustCo Bank Corp NY (NASDAQ:TRST) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, community ranking, valuation, analyst recommendations, dividends, media sentiment, institutional ownership, risk and earnings.
Provident Financial Services pays an annual dividend of $0.96 per share and has a dividend yield of 5.3%. TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 4.4%. Provident Financial Services pays out 91.4% 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 pays out 56.0% of its earnings in the form of a dividend.
72.0% of Provident Financial Services shares are owned by institutional investors. Comparatively, 68.6% of TrustCo Bank Corp NY shares are owned by institutional investors. 4.3% of Provident Financial Services shares are owned by insiders. Comparatively, 3.3% of TrustCo Bank Corp NY shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Provident Financial Services received 124 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. Likewise, 59.72% of users gave Provident Financial Services an outperform vote while only 53.44% of users gave TrustCo Bank Corp NY an outperform vote.
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.
In the previous week, TrustCo Bank Corp NY had 4 more articles in the media than Provident Financial Services. MarketBeat recorded 7 mentions for TrustCo Bank Corp NY and 3 mentions for Provident Financial Services. Provident Financial Services' average media sentiment score of 0.89 beat TrustCo Bank Corp NY's score of 0.50 indicating that Provident Financial Services is being referred to more favorably in the media.
Provident Financial Services has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500. Comparatively, TrustCo Bank Corp NY has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500.
TrustCo Bank Corp NY has a net margin of 18.56% compared to Provident Financial Services' net margin of 10.13%. TrustCo Bank Corp NY's return on equity of 7.37% beat Provident Financial Services' return on equity.
Provident Financial Services currently has a consensus target price of $24.00, suggesting a potential upside of 32.56%. Given Provident Financial Services' stronger consensus rating and higher possible upside, equities analysts clearly believe Provident Financial Services is more favorable than TrustCo Bank Corp NY.
Summary
Provident Financial Services beats TrustCo Bank Corp NY on 13 of the 20 factors compared between the two stocks.
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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.
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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This page (NASDAQ:TRST) was last updated on 2/22/2025 by MarketBeat.com Staff
