TrustCo Bank Corp NY (TRST) AI Stock Analysis

TrustCo Bank Corp NY operates through its subsidiary, Trustco Bank, a federal savings bank providing personal and commercial banking services. Established in 1902 and based in Glenville, New York, the bank accepts deposits, originates loans, and manages investments. It also operates as a real estate investment trust focused on acquiring and managing residential mortgages and mortgage-backed securities. Additionally, TrustCo provides wealth management, estate planning, custodial services, and acts as trustee for personal trusts, employee benefit plans, and corporate pension funds. The institution operates 147 banking offices and 163 automated teller machines across New York, New Jersey, Vermont, Massachusetts, and Florida.

Revenue grew from $185.9M in FY2021 to $278.3M in FY2025, representing a 5-year revenue CAGR of 7.3% from FY2020. Annual revenue expanded 5.8% in FY2025, following 7.6% growth in FY2024 and 18.8% growth in FY2023. Operating margin stood at 29.2% in FY2025, down from 48.3% in FY2022, while net margin was 22.0%. Net income reached $61.1M in FY2025 with diluted earnings per share of $3.25. Over the trailing twelve months, revenue was $194.8M with an operating margin of 46.7% and EPS of $3.59. In the latest quarter ending June 30, 2026, quarterly revenue increased 10.7% year-over-year and quarterly earnings grew 24.1%.

As of June 30, 2026, TrustCo Bank Corp NY held $44.5M in cash and short-term investments and $144.7M in total debt, resulting in net debt of $100.2M. Shareholders' equity was $656.0M against total assets of $6.53B. The company recorded a current ratio of 0.41 and a debt-to-equity ratio of 0.22. During FY2025, operating cash flow was $57.6M and free cash flow was $45.7M after $11.9M in capital expenditures. Cash deployment included $38.1M in share buybacks and $27.6M in dividends paid, contributing to an 8.3% reduction in share count over 5 years.

At $54.31, TrustCo Bank Corp NY has a market capitalization of $924.8M and an enterprise value of $372.9M. The stock trades at a trailing P/E of 15.1x and a forward P/E of 14.0x, above the median of its US-listed Financial Services peers of 12.1x trailing and 10.8x forward. Its price-to-sales ratio is 4.7x compared to the peer median of 3.2x, while its price-to-book ratio is 1.5x and PEG ratio is 0.63. TRST gained 61.8% over the past year and 106.0% over 5 years, outperforming the S&P 500 ETF (SPY) returns of 16.8% and 83.0% over the respective periods.

TrustCo Bank Corp NY pays a forward annual dividend of $1.60 per share, offering a dividend yield of 2.95% on a quarterly schedule. The payout ratio stands at 42.7%. The bank has paid dividends for 43 consecutive years and posted a 5-year annualized dividend growth rate of 1.7%. The last ex-dividend date was September 4, 2026.

Analysts have established a mean price target of $26.00 for TrustCo Bank Corp NY, which is 52.1% below its last close of $54.31. Over the last four quarters, the bank has beaten EPS estimates in 3 quarters. The company's next earnings report is scheduled for October 21, 2026.

This page is an AI-written research summary of TrustCo Bank Corp NY (TRST). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: TRST income statement, TRST balance sheet, TRST key metrics, TRST chart. See the TRST stock overview for the latest quote and news.