TRST vs. PFS, AGM, NWBI, DCOM, BHLB, OCFC, BRKL, CFFN, HIFS, 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), 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), Hingham Institution for Savings (HIFS), 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 better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, community ranking, analyst recommendations, dividends, valuation, earnings, media sentiment and risk.
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.
Provident Financial Services presently has a consensus target price of $23.50, indicating a potential upside of 27.79%. 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.
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.
Provident Financial Services received 123 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. Likewise, 60.00% of users gave Provident Financial Services an outperform vote while only 53.44% of users gave TrustCo Bank Corp NY an outperform vote.
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, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Provident Financial Services had 1 more articles in the media than TrustCo Bank Corp NY. MarketBeat recorded 5 mentions for Provident Financial Services and 4 mentions for TrustCo Bank Corp NY. TrustCo Bank Corp NY's average media sentiment score of 0.80 beat Provident Financial Services' score of 0.38 indicating that TrustCo Bank Corp NY is being referred to more favorably in the news media.
Provident Financial Services has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, TrustCo Bank Corp NY has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.
Provident Financial Services pays an annual dividend of $0.96 per share and has a dividend yield of 5.2%. TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 4.6%. 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 pays out 57.6% of its earnings in the form of a dividend.
Summary
Provident Financial Services beats TrustCo Bank Corp NY on 14 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:TRST) was last updated on 1/14/2025 by MarketBeat.com Staff
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