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Trustco Bank Corp

TRST

TrustCo Bank Corp NY is a savings and loan holding company that operates primarily through its subsidiary, Trustco Bank.

Market cap
$970.26M+55.6%
Revenue$197.0M+10.2%
Net income$65.1M+21.7%
EPS (diluted)$3.59+27.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 20, 2026 (in 2 months)

Financials

Q2 2026

Income statement

See full
Revenue$51.5M+10.5%
Net income$17.0M+12.8%
EPS (diluted)$0.98+24.1%

Balance sheet

See full
Cash & equivalents$696.6M-2.4%
Total debt$144.7M+18.9%
Total equity$656.0M-5.3%
Total assets$6.5B+2.8%

Valuation & ratios

Valuation

See full
Market cap$970.26M+55.6%
Enterprise value$418.36M+1,138%
P/E14.9×+3.2×
P/S4.9×+1.4×

Profitability

See full
Net margin33%+3.1pp

Returns & leverage

See full
Return on equity9.6%+1.7pp
Debt / equity0.2×0.0×

Competitors

Profile

TrustCo Bank Corp NY is a savings and loan holding company that operates primarily through its subsidiary, Trustco Bank. The company provides a broad range of community-oriented banking services, including residential and commercial lending, deposit products, and wealth management. Its core value proposition centers on a community-based model that emphasizes personalized financial relationships and a conservative portfolio-based lending strategy.

Competitive position

The company is the largest for-profit depository institution headquartered in the Capital District area of New York State, leveraging a community-based relationship model against super-regional and money center banks.

GeographiesNew York, Florida, Massachusetts, New Jersey, Vermont
Customer segmentsRetail consumers, Commercial enterprises, Trust and estate clients
Business modelInterest-spread banking, Asset management fees, Fiduciary services
SuppliersFederal Reserve System, Federal Home Loan Bank of New York, Depositors, Technology and core banking software providers
CustomersResidential homebuyers, Local businesses, Real estate developers, Trust beneficiaries
Listed1983
Employees761.0
CEORobert Joseph McCormick
FilingsSEC EDGAR

FAQ

What is Trustco Bank Corp's market cap?
Trustco Bank Corp (TRST) has a market capitalization of $970.3M and trades on NASDAQ.
What is Trustco Bank Corp's revenue and profitability?
Trustco Bank Corp generated $197.0M in trailing twelve-month revenue with net income of $65.1M, representing a net margin of 33.0%. These figures are based on the Q2 2026 filing.
Who are Trustco Bank Corp's competitors?
Trustco Bank Corp's key competitors include JPMorgan Chase & Co., Bank of America Corp., KeyCorp, and others. These companies compete in similar markets and product categories.
Who does Trustco Bank Corp partner with?
Trustco Bank Corp's notable partners include Federal Home Loan Bank of New York.
What subsidiaries does Trustco Bank Corp have?
Trustco Bank Corp's subsidiaries include Trustco Bank, Trustco Realty Corp., ORE Subsidiary Corp., and others.
Where is Trustco Bank Corp headquartered?
Trustco Bank Corp is headquartered in United States of America and employs approximately 761 people. It has been publicly traded since 1983.