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Trustco Bank Corp TRST Outsourced Services

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Other financials

Income statement

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

Balance sheet

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

Cash flow

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Operating cash flow$28.0M+3.5%
CapEx$2.5M+17.5%
Free cash flow$25.5M+2.3%

Valuation

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Market cap$938.07M+49.1%
Enterprise value$386.18M+933%
P/E14.4×+2.6×
P/S4.8×+1.2×

Profitability

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Net margin33%+3.1pp
FCF margin30.3%+2.8pp

Returns & leverage

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

Where this comes from

Reported directly by Trustco Bank Corp in its filing.

Tagged under the XBRL concept trst:OutsourcedServices.

The source filing: Trustco Bank Corp’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 1:23 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031982
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Net occupancy expense4,3814,5188,9239,072
Equipment expense2,0821,9184,1043,862
Professional services1,9681,8863,4943,612
Outsourced services2,7042,4605,4045,160
Advertising expense586304980665
FDIC and other insurance1,1011,1362,2542,324
Other real estate expense, net112522162550
Other2,3521,6034,7283,537

Cover / Front Matter

FAQ

What is Trustco Bank Corp's outsourced services?
Trustco Bank Corp (TRST) reported outsourced services of $2.7M in Q2 2026.
How has Trustco Bank Corp's outsourced services changed year-over-year?
Trustco Bank Corp's outsourced services increased by 9.9% year-over-year, from $2.46M to $2.7M.
What is the long-term trend for Trustco Bank Corp's outsourced services?
Over 4 years (2021 to 2025), Trustco Bank Corp's outsourced services has grown at a 3.9% compound annual growth rate (CAGR), from $8.38M to $9.75M.
What does outsourced services mean?
Represents costs paid to external vendors for performing operational functions such as data processing, IT support, or back-office administration. This metric highlights the company's strategy regarding operational outsourcing versus in-house execution. It is a key component of noninterest expense management and operational risk.

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