TrustCo Bank Corp NY (NASDAQ:TRST) Increases Dividend to $0.40 Per Share
TrustCo Bank Corp NY (NASDAQ:TRST) has announced a quarterly dividend increase to $0.40 per share, up 5.3% from its previous dividend of $0.38. Shareholders of record on September 4th will receive this payment on October 1st, resulting in an annualized yield of approximately 2.8%. The bank recently reported quarterly earnings of $0.98 per share on $51.5 million in revenue and holds a "Buy" consensus rating from analysts.
TrustCo Increases Dividend 5.3%: Long-Term Commitment to Payouts Supported by Solid Earnings and Strong Capital Position More Great News For Our Shareholders
TrustCo Bank Corp NY has announced a 5.3% increase in its quarterly cash dividend to $0.40 per share, or $1.60 annually. This decision, approved by the Board of Directors on August 18, 2026, reflects the company's strong earnings and balance sheet management. The dividend is payable on October 1, 2026, to shareholders of record on September 4, 2026, and is expected to make the stock more attractive to investors.
TrustCo Bank raises quarterly dividend 5.3% to $0.40 per share By Investing.com
TrustCo Bank Corp NY announced a 5.3% increase in its quarterly cash dividend to $0.40 per share, payable on October 1, 2026. This decision, which amounts to an annualized dividend of $1.60 per share, is supported by the company's strong earnings and balance sheet management. Chairman, President, and CEO Robert J. McCormick highlighted that this move aligns with their capital deployment strategy, which also includes a share repurchase program.
TrustCo Raises Quarterly Dividend to $0.40, Annualized $1.60; 5.3% Increase
TrustCo (TRST) announced an increase in its quarterly cash dividend to $0.40 per share, which is an annualized $1.60 and represents a 5.3% increase. The dividend is payable on October 1, 2026, to shareholders of record as of September 4, 2026. The company attributes this increase to solid earnings and strong capital.
TrustCo Bank raises quarterly dividend 5.3% to $0.40 per share
TrustCo Bank Corp NY announced a 5.3% increase in its quarterly cash dividend to $0.40 per share, payable on October 1, 2026. This decision reflects the company's strong earnings and balance sheet management, supporting both the dividend increase and a share repurchase program. TrustCo Bank, a $6.5 billion savings and loan holding company, operates 133 offices across five states.
TrustCo Bank Corp NY Raises Quarterly Dividend to $0.40 a Share, Payable Oct. 1 to Shareholders of Record Sept. 4
TrustCo Bank Corp NY has announced an increase in its quarterly dividend to $0.40 per share. This dividend will be payable on October 1st to shareholders who are on record as of September 4th. This news follows previous dividend announcements and earnings reports for the company throughout 2026.
TrustCo Increases Dividend 5.3%: Long-Term Commitment to
TrustCo Bank Corp NY (TRST) has announced a 5.3% increase in its quarterly cash dividend to $0.40 per share, reflecting a long-term commitment to shareholder payouts. This decision is supported by the company's solid earnings and strong capital position, enabling both a robust repurchase program and an enhanced dividend yield. CEO Robert J. McCormick expects this increase to further boost the stock's attractiveness and market capitalization.
TrustCo Bank VP, Treasurer Lauren Ann McCormick reports purchase of 103 common shares worth $5,820.53
TrustCo Bank Corp officer Lauren Ann McCormick, VP, Treasurer, Asst. Corp. Sec., reported an indirect purchase of 103 common shares for $56.51 each, totaling $5,820.53. The shares were bought through a custodial account for a child, bringing McCormick's direct holdings to 533 common shares. This news brief was generated by AI using information originally published by TrustCo Bank Corporation via EDGAR.
TrustCo Bank VP, Treasurer Lauren Ann McCormick reports purchase of 103 common shares worth $5,820.53
Lauren Ann McCormick, VP, Treasurer, and Asst. Corp. Sec. at TrustCo Bank Corp, reported an indirect purchase of 103 common shares for $56.51 each, totaling $5,820.53. The shares were bought through a custodial account for a child. Following this transaction, McCormick directly holds 533 common shares.
TrustCo Bank Corp NY (TRST) Stock Forecasts
Argus provided a report on TrustCo Bank Corp NY (TRST), a savings and loan holding company, on August 5, 2026. The report includes a current price of $55.09 and a price target for TRST. The company's core business involves accepting deposits and making loans and investments.
TrustCo Bank Corp NY (TRST) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for TrustCo Bank Corp NY (TRST), noting that no specific earnings forecast score is currently available for the company, contrasting with the industry average. It details the current market data for TRST, including its stock price, market cap, and P/E TTM. The article also includes a peer comparison of analyst ratings for other major banking institutions.
TrustCo Bank Corp NY (TRST) Stock News Today
This article provides current stock information for TrustCo Bank Corp NY (TRST), including its latest price, market cap, and P/E ratio. It highlights that the news section for TRST is awaiting further updates. The page also offers various tools and financial data for the company.
TrustCo Bank Corp NY (NASDAQ:TRST) Shares Cross Above Two Hundred Day Moving Average - Here's Why
TrustCo Bank Corp NY (NASDAQ:TRST) shares recently crossed above their 200-day moving average, trading as high as $58.45 before closing at $57.74. The company reported strong quarterly earnings of $0.98 EPS on $51.5 million in revenue and maintains a quarterly dividend of $0.38, representing a 2.6% yield. Institutional investors have shown increased interest in TRST, with several firms adjusting their positions.
TrustCo Bank Corp NY (TRST) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of TrustCo Bank Corp NY (TRST), focusing on its support and resistance levels, various technical indicators, and moving averages. As of the analysis, TRST's price momentum score is 3.62, and it is trading in a range suitable for swing trading. The overall technical signal is neutral, with multiple buy signals from moving averages.
TrustCo Bank Corp NY (TRST) Institutional Confidence
This article analyzes the institutional confidence in TrustCo Bank Corp NY (TRST), noting its score of 7.00 and ranking 70th in the Banking Services industry. The institutional shareholding proportion has increased by 6.91% quarter-over-quarter, reaching 89.69%. Key institutional holders and their recent activity are detailed, with HOTCHKIS & WILEY being the largest shareholder despite a slight decrease in holdings.
TrustCo Bank Corp NY Revenue Breakdown – FWB:TC50
This article provides a revenue breakdown for TrustCo Bank Corp NY (FWB:TC50), highlighting that the greatest contribution to its revenue comes from the United States. The company's revenue from the U.S. was €160 million last year, slightly down from €165.93 million the previous year. The data is presented through TradingView, focusing on fundamental financial statistics.
HoldCo investors build 5.1% position in TrustCo Bank Corp NY (TRST)
HoldCo Opportunities Fund V, L.P. and affiliated entities have disclosed a 5.1% ownership stake in TrustCo Bank Corp NY (TRST), acquiring 872,744 shares for approximately $31 million. The investors believe the shares were undervalued and plan to engage with management and the Board to enhance shareholder value, potentially discussing changes to capitalization, ownership, or board composition. They retain the flexibility to adjust their position, including buying or selling shares and using hedging strategies.
HoldCo Asset Management Takes Activist Stake at TrustCo Bank Corp NY with 5.1% Stake
HoldCo Asset Management, LP has revealed a 5.1% activist stake in TrustCo Bank Corp NY, acquiring 872,744 common shares for approximately $31.0 million. The firm views TrustCo Bank Corp NY as undervalued and intends to engage with management and the board to enhance shareholder value. This could involve proposals on changes to capitalization, ownership structure, board composition, and potential business combinations.
TRST|TrustCo Bank Corp NY|Price:57.269|Chg%:-0.511
This article provides an analysis of TrustCo Bank Corp NY (TRST) stock, highlighting its market trends, real-time quotes, and related insights. Key takeaways include stable fundamentals, high growth potential, a fair valuation, and very high institutional ownership, with a technical indication for potential range-bound swing trading. The company is noted for being a high and stable dividend payer, though its latest P/B suggests it might be overvalued.
TRST|TrustCo Bank Corp NY|Price:56.000|Chg%:-1.780
This article provides a comprehensive stock analysis of TrustCo Bank Corp NY (TRST), highlighting its stable fundamentals, high growth potential, and fairly valued status within the Banking Services industry. The company is noted for its high institutional ownership and consistent dividend payments. The analysis also details TrustCo Bank's operations, its high dividend payout ratio, and provides a peer comparison with other banking service companies.
TrustCo Bank Corp NY (TRST) Income Statement
This article provides an income statement for TrustCo Bank Corp NY (TRST), detailing its quarterly and annual financial performance, including total revenue, operating expenses, operating profit, and net income. It also includes frequently asked questions about analyzing the income statement and key financial metrics for TRST stock. The latest quarterly revenue was $46.25 million, and net income was $16.96 million.
TrustCo Bank Corp NY (TRST) Cash Flow
This article provides a detailed cash flow statement for TrustCo Bank Corp NY (TRST), including operating, investing, and financing cash flows presented quarterly and annually. It outlines key financial metrics and changes over time, along with an FAQ section explaining different types of cash flows and TRST's performance in these areas. The data helps evaluate the company's financial soundness, stability, and allocation of capital.
TrustCo Bank Corp NY Revenue Breakdown – NASDAQ:TRST
This article provides a revenue breakdown for TrustCo Bank Corp NY (NASDAQ: TRST), highlighting that the largest contribution to its revenue comes from the United States. The company's revenue from the U.S. was $187.92 million last year and $171.77 million
TrustCo Bank Corp NY (TRST) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for TrustCo Bank Corp NY (TRST), detailing its current stock performance, market capitalization, and P/E TTM ratio. It highlights various analytical aspects available on TradingKey, including financial health, valuation, EPS and revenue forecasts, price momentum, institutional confidence, and risk assessment. The information presented was updated on July 24, 2026.
TrustCo Bank Corp NY (TRST) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article from TradingKey provides a revenue breakdown for TrustCo Bank Corp NY (TRST). It indicates that the company has not yet disclosed relevant financial data for FY2024 and FY2025 regarding business segments and profit contribution. The available information only shows a regional revenue of $172.10 million for the United States.
TrustCo Bank Corp NY Delivers 5% Revenue Growth in Q2 2026
TrustCo Bank Corp NY (NASDAQ: TRST) reported strong Q2 2026 earnings, with diluted EPS surging 24.1% year-over-year to $0.98 and net income rising 12.8% to $17.0M. Revenue grew 5.0% to $67.7M, surpassing estimates. Despite the positive results and healthy net interest margin of 2.9%, the stock saw a muted market reaction, trading steadily near its 52-week high, with Wall Street analysts holding a cautious "hold" to "sell" sentiment.
TrustCo Bank Corp NY (TRST) Stock EPS Growth Tests Long‑Term Bearish Narratives
TrustCo Bank Corp NY (TRST) reported robust Q2 2026 results with US$50.9 million revenue and US$0.98 EPS, indicating 21.7% earnings growth over the past year and an improved net profit margin of 33.4%. While recent performance challenges the long-term bearish narrative of declining EPS over five years, the stock's P/E ratio is above the US Banks industry average and its share price exceeds the DCF fair value, suggesting cautious investment due to valuation concerns. Investors are encouraged to review both the recent improvements and long-term trends before making decisions.
TrustCo Bank Corp NY Delivers 5% Revenue Growth in Q2 2026
TrustCo Bank Corp NY (NASDAQ:TRST) reported diluted earnings of $0.98 per share on revenue of $67.7M for Q2 2026, meeting consensus estimates. This represents a 24.1% year-over-year surge in EPS and a 5.0% increase in revenue. The company also registered a net interest margin of 2.9% and maintained 132 full-service banking offices, with shares holding steady post-announcement despite a cautious Wall Street sentiment.
TrustCo Bank Corp NY Q2 Earnings Call Highlights
TrustCo Bank Corp NY reported strong Q2 2026 earnings, with net income rising 12.8% to $17 million and net interest income up 9.2% to $45.6 million, driven by an improved net interest margin and a favorable market environment. The bank achieved record average loan growth of $5.3 billion and increased total deposits to $5.7 billion, while maintaining stable credit quality with non-performing loans at 0.40%. TrustCo also continued its share repurchase program, significantly reducing outstanding shares, and managed expenses while expanding its wealth management division and Florida operations.
TrustCo Bank Corp NY Releases Q2 2026 Financial Results
TrustCo Bank Corp NY reported strong Q2 2026 financial results with diluted earnings per share up 24.1% to $0.98 and net income of $17.0M. The company's net revenue increased 9.2% year-over-year to $51.5M, driven by a positive net interest margin of 2.9%. Despite this growth, Wall Street analysts maintain a cautious "hold" stance on the stock.
TrustCo Reports 12.8% Increase in Net Income for the Second Quarter of 2026 to $17 Million
TrustCo Bank Corp NY announced a 12.8% increase in net income to $17 million for the second quarter of 2026, driven by higher net interest income and sustained loan and deposit growth. Diluted earnings per share rose 24.1% to $0.98, and the company continued its stock repurchase program, acquiring over one million shares in the first half of 2026. TrustCo's capital position remains strong, and asset quality metrics are stable, positioning the bank for continued growth.
TrustCo Bank Corp NY Q2 2026 Net Income Rises 12.8% to $17 Million on Strong Loan and Deposit Growth
TrustCo Bank Corp NY reported a 12.8% year-over-year increase in Q2 2026 net income to $17 million, with diluted EPS rising to $0.98. This growth was driven by a 9.2% increase in net interest income, an expanded net interest margin of 2.87%, and 3.8% growth in both average loans and deposits. The company also demonstrated strong capital management, repurchasing over one million shares in the first half of 2026 and maintaining stable asset quality.
TrustCo Reports 12.8% Increase in Net Income for the Second Quarter of 2026 to $17 Million
TrustCo Bank Corp NY announced a 12.8% increase in net income for the second quarter of 2026, reaching $17 million, driven by a 9.2% rise in net interest income and sustained loan and deposit growth. Diluted earnings per share increased by 24.1% to $0.98. The company also highlighted its capital allocation strategy, having repurchased over one million shares in the first half of 2026, with plans to complete the repurchase of three million shares by year-end.
TrustCo to Release Second Quarter 2026 Results on July 21, 2026; Conference Call on July 22, 2026
TrustCo Bank Corp NY (Nasdaq: TRST) announced it would release its second quarter 2026 results after market close on July 21, 2026. A conference call to discuss these results is scheduled for 9:00 a.m. Eastern Time on July 22, 2026. The earnings press release and other company information will be available on the company’s investor relations website.
TrustCo Bank to Release Q2 2026 Results Soon
TrustCo Bank Corp NY announced it would release its second-quarter 2026 financial results on July 21, 2026, with a conference call scheduled for July 22, 2026, to discuss its performance. TipRanks' AI Analyst, Spark, rates TRST as "Outperform" due to strong technical trends, earnings momentum, reasonable valuation, and dividend, despite some concerns about financial performance durability and credit quality. TrustCo Bank operates in regional banking, offering traditional deposit and lending products.
TrustCo to Release Second Quarter 2026 Results on July 21, 2026; Conference Call on July 22, 2026
TrustCo Bank Corp NY (Nasdaq: TRST) announced it will release its second-quarter 2026 results after market close on July 21, 2026. A conference call to discuss the results is scheduled for 9:00 a.m. Eastern Time on July 22, 2026. The company is a $6.5 billion savings and loan holding company with 132 offices across five states.
TrustCo Bank Corp NY to release Q2 2026 results on July 21
TrustCo Bank Corp NY is scheduled to release its second quarter 2026 financial results after market close on July 21, 2026. A conference call for analysts and investors to discuss these results will follow on July 22, 2026, at 9:00 a.m. Eastern Time. The company, a $6.5 billion savings and loan holding company, operates 132 offices across multiple states and provides various banking and wealth management services.
TrustCo Bank Corp NY (NASDAQ: TRST) schedules Q2 2026 results release and conference call
TrustCo Bank Corp NY (NASDAQ: TRST) announced it would release its second quarter 2026 financial results after market close on July 21, 2026. A conference call to discuss these results is scheduled for July 22, 2026, at 9:00 a.m. Eastern Time, providing both dial-in and webcast options. The company, a $6.5 billion savings and loan holding company, operates 132 offices across five states.
TrustCo to Release Second Quarter 2026 Results on July 21, 2026; Conference Call on July 22, 2026
TrustCo Bank Corp NY (Nasdaq: TRST) announced it will release its second quarter 2026 results after market close on July 21, 2026. A conference call to discuss these results is scheduled for July 22, 2026, at 9:00 a.m. Eastern Time. The company, a $6.5 billion savings and loan holding company, operates 132 offices across five states.
TrustCo to Release Second Quarter 2026 Results on July 21, 2026; Conference Call on July 22, 2026
TrustCo Bank Corp NY (Nasdaq: TRST) announced it will release its second quarter 2026 financial results after market close on July 21, 2026. A conference call to discuss these results will be held at 9:00 a.m. Eastern Time on July 22, 2026. The company is a $6.5 billion savings and loan holding company operating 132 offices across five states.
TrustCo Bank Corp NY (NASDAQ:TRST) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?
TrustCo Bank Corp NY (NASDAQ:TRST) stock recently crossed above its 200-day moving average, trading as high as $54.82 before settling at $53.45. Analysts, including Weiss Ratings, maintain a "Buy" rating for the stock. The bank reported Q1 earnings of $0.91 per share and declared a quarterly dividend of $0.38, resulting in a 2.8% yield.
Enterprise value to revenue forward of TrustCo Bank Corp NY – NASDAQ:TRST
This article focuses on the enterprise value to revenue forward metric for TrustCo Bank Corp NY (NASDAQ: TRST). It appears to be a financial data point provided or tracked by TradingView, indicating specific financial analysis for the banking institution.
Price to book forward of TrustCo Bank Corp NY – NASDAQ:TRST
This article provides the "Price to book forward" financial metric for TrustCo Bank Corp NY (NASDAQ:TRST). It indicates that the market is currently closed with no trades recorded. The content is primarily a data point for financial analysis.
Price to earnings forward of TrustCo Bank Corp NY – NASDAQ:TRST
The article focuses on the "Price to earnings forward" metric for TrustCo Bank Corp NY (NASDAQ: TRST). It is presented as a financial data point from TradingView, without further analysis or specific values provided in this snippet. The information indicates the banking sector and the stock market context for TRST.
Price to sales forward of TrustCo Bank Corp NY – BOATS:TRST
This article provides financial information for TrustCo Bank Corp NY (TRST) on the Blue Ocean Alternative Trade System (BOATS). It specifically mentions the "Price to sales forward" metric, indicating it's a financial data point available for this company on the TradingView platform.
Price to earnings forward of TrustCo Bank Corp NY – FWB:TC50
This article provides the "Price to earnings forward" metric for TrustCo Bank Corp NY (FWB:TC50). It appears to be a financial data point from TradingView, indicating that the market was closed at the time the data was accessed. The content suggests it is part of a larger financial overview of the company on the Frankfurt Stock Exchange.
TrustCo Bank Corp NY Actuals & Estimates (NASDAQ:TRST)
This article provides financial actuals and estimates for TrustCo Bank Corp NY (NASDAQ:TRST). It details the company's stock performance, market capitalization, net income, dividend information, and upcoming earnings report. The stock has shown a positive trend over the last month and year, with current technical analysis indicating a "buy" rating.
TrustCo Bank NY (TRST) Q1 2026 earnings summary
TrustCo Bank NY reported strong Q1 2026 earnings with net income reaching $16.3 million, a 14.1% increase year-over-year. The bank achieved record loan growth, expanded its net interest margin, and improved its efficiency ratio. Management anticipates continued net interest income growth and is proceeding with a significant share buyback program.
TrustCo Bank NY (TRST) Q3 2025 earnings summary
TrustCo Bank NY reported a strong Q3 2025 with net income up 26.3% year-over-year to $16.3 million, driven by increased net interest income and an expanded net interest margin. The company saw growth in both average loans and deposits, an improved efficiency ratio, and an increase in book value per share. Management expressed plans for continued net interest income growth, further share repurchases, and potential expansion into Florida and downstate New York.
TrustCo Bank NY (TRST) Q4 2025 earnings summary
TrustCo Bank NY (TRST) reported significant growth in Q4 and full-year 2025. Net income for 2025 rose 25.2% to $61.1 million, with Q4 net income increasing 38% year-over-year to $15.6 million. The bank emphasized conservative lending, strong customer relationships, and disciplined capital deployment as key drivers of its performance, including a 29% total shareholder return.
