Fool - Investing News·Oct 29, 2026
TrustCo Bank: 3 Key Takeaways for Long-Term InvestorsSeven straight quarters of net recoveries show how disciplined underwriting sustains profitability even as the bank expands its loan book.
TrustCo Bank is demonstrating accelerating net interest income growth, with NII up 9.2% year-over-year to $45.6M in Q2 2026, supported by a modest NIM expansion to 0.7% and a strong efficiency ratio of 37.9%.
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 21, 2026 | $1.02 vs — | $52M vs — |
Q3 2026 Jul 21, 2026 | $0.98 vs — | $51M vs — |
Q2 2026 Apr 21, 2026 | $0.91 vs — | $50M vs — |
Q1 2026 Jan 21, 2026 | $0.85+6.3% vs $0.80 | $71M+44.8% vs $49M |
Seven straight quarters of net recoveries show how disciplined underwriting sustains profitability even as the bank expands its loan book.
TrustCo Bank Corp NY NASDAQ: TRST reported third-quarter 2026 net income of $17.3 million, up 6.5% from the prior-year period, as higher net interest income, loan growth and deposit growth supported results.
Executive Snapshot: Financial results: Key metrics for the third quarter of 2026 compared to the third quarter of 2025: Diluted earnings per share of $1.02 increased 18.6% compared to $0.86 Net interest income of $47.0 million, up 9.1% from $43.1 million Net interest margin of 2.95%, up 16 basis points from 2.79% Net income of $17.3 million increased 6.5% compared to $16.3 million Average loans increased $238.1 million, or 4.6% Average deposits increased $229.6 million, or 4.2% Capital allocation and Stock Repurchase Program: Increased dividend 5.3% to $0.40 per share, or $1.60 per share on an annualized basis Purchased 13.2% of TrustCo outstanding common stock under the 2026 and 2025 Stock Repurchase Programs through the acquisition of over 1.5 million shares in the first nine months of 2026, following the purchase of 1 million shares in 2025, reinforcing a disciplined long-term capital allocation strategy On pace to complete the repurchase of a total of three million shares, or 15.8%, of TrustCo common stock by the end of 2026 GLENVILLE, N.Y., Oct. 21, 2026 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced financial results for the third quarter of 2026 highlighted by a continued increase in net interest income and sustained loan and deposit growth across core lending and deposit categories.
TrustCo Bank Corp NY (NASDAQ: TRST - Get Free Report) and BayFirst Financial (NASDAQ: BAFN - Get Free Report) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, valuation and earnings. Volatility and Risk TrustCo Bank
Benchmark TRST against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for TrustCo Bank Corp NY (TRST)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $57.30 | $975.7M | 14.68 | 9.38% | 42.23% | 10% | 2.63% | |
| $52.83 | $2.75B | 12.68 | 14.54% | 28.98% | 11.31% | 2.7% | |
| $55.04 | $8.02B | 13.11 | 6.26% | 32.56% | 14.27% | 1.97% | |
| $39.73 | $782.14M | 9.63 | 113.87% | 42.7% | 10.47% | 3.06% | |
| $84.75 | $408.48M | 10.66 | -1.92% | 38.37% | 14.49% | 1.55% | |
| $29.43 | $2.17B | 8.53 | 12.22% | 31.45% | 8.5% | — |
TrustCo Bank Corp NY (TRST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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TrustCo Bank Corp NY (TRST) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 18, 2026·SEC
Jul 21, 2026·SEC
Jul 10, 2026·SEC
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TrustCo Bank Corp NY (TRST) stock FAQ — growth, dividends, profitability & financials explained
TrustCo Bank Corp NY (TRST) revenue fell by 14.4% over the trailing twelve months, compared with the twelve months before.
Yes. TrustCo Bank Corp NY (TRST) earned $66.1M in net income over the trailing twelve months (a 42.2% net margin).
Yes. TrustCo Bank Corp NY (TRST) pays a dividend that yields 2.63% at the current price, a moderate yield.
TrustCo Bank Corp NY (TRST) had a return on equity (ROE) of 10.0% over the trailing twelve months. That is in line with the market's typical 10-15%.
TrustCo Bank Corp NY (TRST) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.
TrustCo Bank Corp NY (TRST) has an efficiency ratio of 56.2%. This is reasonable for a bank.
