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NASDAQ:TRST

TrustCo Bank Corp NY (TRST) Stock Price, News & Analysis

TrustCo Bank Corp NY logo
$30.36 -0.36 (-1.17%)
Closing price 04/25/2025 04:00 PM Eastern
Extended Trading
$30.36 0.00 (0.00%)
As of 04/25/2025 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About TrustCo Bank Corp NY Stock (NASDAQ:TRST)

Key Stats

Today's Range
$30.10
$30.71
50-Day Range
$27.56
$33.32
52-Week Range
$26.14
$38.89
Volume
78,058 shs
Average Volume
86,354 shs
Market Capitalization
$577.45 million
P/E Ratio
11.81
Dividend Yield
4.74%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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 and businesses. 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. It operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York.

TrustCo Bank Corp NY Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
62nd Percentile Overall Score

TRST MarketRank™: 

TrustCo Bank Corp NY scored higher than 62% of companies evaluated by MarketBeat, and ranked 655th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for TrustCo Bank Corp NY.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TrustCo Bank Corp NY is 11.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.69.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TrustCo Bank Corp NY is 11.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.74.

  • Price to Book Value per Share Ratio

    TrustCo Bank Corp NY has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.67% of the float of TrustCo Bank Corp NY has been sold short.
  • Short Interest Ratio / Days to Cover

    TrustCo Bank Corp NY has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TrustCo Bank Corp NY has recently decreased by 3.16%, indicating that investor sentiment is improving.
  • Dividend Leadership

    TrustCo Bank Corp NY is a leading dividend payer. It pays a dividend yield of 4.69%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    TrustCo Bank Corp NY does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TrustCo Bank Corp NY is 53.73%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about TrustCo Bank Corp NY's dividend.
  • Percentage of Shares Shorted

    1.67% of the float of TrustCo Bank Corp NY has been sold short.
  • Short Interest Ratio / Days to Cover

    TrustCo Bank Corp NY has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TrustCo Bank Corp NY has recently decreased by 3.16%, indicating that investor sentiment is improving.
  • News Sentiment

    TrustCo Bank Corp NY has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for TrustCo Bank Corp NY this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for TRST on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TrustCo Bank Corp NY insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.32% of the stock of TrustCo Bank Corp NY is held by insiders.

  • Percentage Held by Institutions

    68.57% of the stock of TrustCo Bank Corp NY is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TrustCo Bank Corp NY's insider trading history.
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TRST Stock News Headlines

Warning: “DOGE Collapse” imminent
Elon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week, President Trump promised to buy a Tesla to help support Musk in the face of a boycott against his company. But according to one research group, with connections to the Pentagon and the U.S. government, Elon's preparing to strike back in a much bigger way in the days ahead.
See More Headlines

TRST Stock Analysis - Frequently Asked Questions

TrustCo Bank Corp NY's stock was trading at $33.31 at the beginning of the year. Since then, TRST shares have decreased by 8.9% and is now trading at $30.36.
View the best growth stocks for 2025 here
.

TrustCo Bank Corp NY (NASDAQ:TRST) issued its quarterly earnings results on Monday, April, 21st. The bank reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.10. The bank had revenue of $45.35 million for the quarter, compared to analyst estimates of $44.99 million. TrustCo Bank Corp NY had a net margin of 18.56% and a trailing twelve-month return on equity of 7.37%.
Read the conference call transcript
.

TrustCo Bank Corp NY shares reverse split on Friday, May 28th 2021. The 1-5 reverse split was announced on Thursday, May 20th 2021. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 1st 2021. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

TrustCo Bank Corp NY's board initiated a stock buyback program on Tuesday, March 18th 2025, which allows the company to repurchase 0 shares, according to EventVestor. This allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

TrustCo Bank Corp NY's top institutional investors include Rhumbline Advisers (0.35%), GAMMA Investing LLC (0.28%), New York State Teachers Retirement System (0.16%) and SummerHaven Investment Management LLC (0.14%). Insiders that own company stock include Robert J Mccormick, Scot R Salvador, Eric W Schreck, Kevin M Curley, Robert M Leonard, Michael M Ozimek, Michael James Hall, Frank B Silverman, Kimberly Adams Russell, Lisa M Lucarelli, Curtis N Powell and Steffani Cotugno.
View institutional ownership trends
.

Shares of TRST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that TrustCo Bank Corp NY investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Record date for 4/1 Dividend
3/07/2025
Ex-Dividend for 4/1 Dividend
3/07/2025
Dividend Payable
4/01/2025
Last Earnings
4/21/2025
Today
4/27/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
State commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:TRST
Employees
820
Year Founded
N/A

Profitability

Trailing P/E Ratio
11.81
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$48.83 million
Pretax Margin
24.34%

Debt

Sales & Book Value

Annual Sales
$175.70 million
Cash Flow
$3.10 per share
Price / Cash Flow
9.78
Book Value
$35.58 per share
Price / Book
0.85

Miscellaneous

Free Float
18,379,000
Market Cap
$577.45 million
Optionable
Optionable
Beta
0.71

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This page (NASDAQ:TRST) was last updated on 4/27/2025 by MarketBeat.com Staff
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