TrustCo Bank Corp NY (TRST) Balance Sheet
TRST balance sheet, 2025
December 31, 2025 · U.S. dollars$6.44B assets = $5.75B liabilities + $686.6M equity
Both columns are drawn to the same scale: what TRST owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TRST financial health
Descriptive bands, not a rating. Fiscal 2025.
TRST balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.87B2016 | $6.44B2025 | +3.2%/yr | |
| Total liabilities | $4.44B2016 | $5.75B2025 | +2.9%/yr | |
| Shareholders’ equity | $432.7M2016 | $686.6M2025 | +5.3%/yr | |
| Cash & short-term investments | $669.1M2016 | $293.5M2025 | −8.8%/yr | |
| Total debt | $209.4M2016 | $156.4M2025 | −3.2%/yr | |
| Net cash (debt) | $459.7M2016 | $137.0M2025 | −$322.6M | |
| Working capital | −$3.77B2016 | −$5.38B2025 | −$1.6B | |
| Book value per share | $22.622016 | $37.462025 | +5.8%/yr | |
| Debt / equity | 0.482016 | 0.232025 | −0.26 | |
| Shares outstanding | 19.1M2016 | 18.3M2025 | −0.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TRST assets
TRST liabilities and equity
TRST debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TRST balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $293.5M | $344.5M | $501.6M | $524.9M | $456.1M | $486.3M | $622.0M | $550.7M | $616.1M | $669.1M |
| Cash & equivalents | $50.6M | $47.4M | $49.3M | $43.4M | $48.4M | $47.2M | $48.2M | $49.3M | $44.1M | $48.7M |
| Short-term investments | $242.9M | $297.2M | $452.3M | $481.5M | $407.7M | $439.1M | $573.8M | $501.5M | $572.0M | $620.4M |
| Receivables | $13.8M | $0 | $0 | $4.69B | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $2.1M | $362,000 | $541,000 | $1.6M | $1.7M | $3.2M | $4.3M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $293.5M | $344.5M | $501.6M | $524.9M | $456.1M | $486.3M | $622.0M | $550.7M | $616.1M | $669.1M |
| Property, plant & equipment (net) | $74.3M | $70.4M | $74.5M | $77.3M | $81.1M | $82.3M | $86.1M | $34.7M | $35.2M | $35.5M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $314.8M | $363.6M | $458.7M | $489.2M | $417.6M | $4.65B | $592.4M | $4.35B | $3.62B | $3.43B |
| Other non-current assets | $5.76B | $5.46B | $5.13B | $4.91B | $5.24B | $685.5M | $3.92B | $20.2M | $637.0M | $732.1M |
| Total assets | $6.44B | $6.24B | $6.17B | $6.00B | $6.20B | $5.90B | $5.22B | $4.96B | $4.91B | $4.87B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $35.6M | $5.27B | $28.9M | $4.45B | $32.9M | $33.4M | $30.6M |
| Short-term debt | $120.1M | $84.8M | $89.0M | $245.4M | $244.7M | $214.8M | $148.7M | $161.9M | $243.0M | $209.4M |
| Total current liabilities | $5.68B | $5.48B | $5.44B | $5.47B | $5.54B | $5.28B | $4.63B | $4.47B | $4.45B | $4.44B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $36.4M | $40.2M | $44.5M | $49.0M | $52.7M | $52.8M | $56.6M | — | — | — |
| Other long-term liabilities | $76.6M | $86.6M | $83.1M | $0 | $52.7M | $52.8M | $56.6M | $2.45B | $2.60B | $2.24B |
| Total liabilities | $5.75B | $5.56B | $5.52B | $5.40B | $5.60B | $5.33B | $4.68B | $4.47B | $4.45B | $4.44B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $20.1M | $20.1M | $20.1M | $20.1M | $20.0M | $20.0M | $100.2M | $100.2M | $100.0M | $99.2M |
| Retained earnings (deficit) | $480.0M | $446.5M | $425.1M | $393.8M | $349.1M | $314.0M | $288.1M | $256.4M | $219.4M | $201.5M |
| Treasury stock | — | — | — | — | — | — | −$30.9M | −$33.1M | −$35.0M | −$33.2M |
| Accumulated other comprehensive income | $10.0M | −$3.9M | −$13.2M | −$27.2M | $12.1M | $11.9M | $4.5M | −$10.3M | −$1.8M | −$6.3M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $686.6M | $676.3M | $645.3M | $600.0M | $601.1M | $568.2M | $538.3M | $489.9M | $458.3M | $432.7M |
| Key figures | ||||||||||
| Total debt | $156.4M | $124.9M | $133.5M | $294.4M | $297.4M | $267.5M | $205.2M | $161.9M | $243.0M | $209.4M |
| Net cash (debt) | $137.0M | $219.6M | $368.1M | $230.6M | $158.7M | $218.7M | $416.8M | $388.8M | $373.1M | $459.7M |
| Working capital | −$5.38B | −$5.13B | −$4.94B | −$4.95B | −$5.09B | −$4.79B | −$4.00B | −$3.92B | −$3.83B | −$3.77B |
| Tangible book value | $686.6M | $676.3M | $645.3M | $600.0M | $601.1M | $568.2M | $538.3M | $489.9M | $458.3M | $432.7M |
| Book value per share | $37.46 | $35.53 | $33.92 | $31.36 | $31.21 | $29.43 | $27.77 | $25.34 | $23.82 | $22.62 |
| Shares outstanding | 18.3M | 19.0M | 19.0M | 19.1M | 19.3M | 19.3M | 19.4M | 19.3M | 19.2M | 19.1M |
| Current ratio | 0.05 | 0.06 | 0.09 | 0.10 | 0.08 | 0.09 | 0.13 | 0.12 | 0.14 | 0.15 |
| Quick ratio | 0.05 | 0.06 | 0.09 | 0.95 | 0.08 | 0.09 | 0.13 | 0.12 | 0.14 | 0.15 |
| Debt / equity | 0.23 | 0.18 | 0.21 | 0.49 | 0.49 | 0.47 | 0.38 | 0.33 | 0.53 | 0.48 |
| Equity / assets | 10.7% | 10.8% | 10.5% | 10.0% | 9.7% | 9.6% | 10.3% | 9.9% | 9.3% | 8.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $44.5M | $43.2M | $293.5M | $294.4M | $314.5M | $373.2M | $344.5M | $433.3M | $437.4M | $471.1M | $501.6M | $496.1M |
| Cash & equivalents | $44.5M | $43.2M | $50.6M | $42.0M | $45.2M | $48.8M | $47.4M | $49.7M | $42.2M | $44.9M | $49.3M | $45.9M |
| Short-term investments | $303.2M | $300.7M | $242.9M | $252.4M | $269.3M | $324.5M | $297.2M | $383.7M | $395.2M | $426.2M | $452.3M | $450.1M |
| Receivables | $14.8M | $14.7M | $13.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $44.5M | $57.8M | $293.5M | $294.4M | $314.5M | $373.2M | $344.5M | $433.3M | $437.4M | $471.1M | $501.6M | $496.1M |
| Property, plant & equipment (net) | $76.1M | $74.4M | $74.3M | $75.0M | $74.5M | $72.1M | $70.4M | $71.3M | $71.8M | $73.1M | $74.5M | $73.6M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $307.1M | $304.8M | $314.8M | $324.5M | $341.4M | $329.5M | $363.6M | $389.3M | $401.1M | $432.4M | $458.7M | $456.9M |
| Other non-current assets | $6.10B | $6.07B | $5.76B | $5.66B | $5.62B | $5.56B | $5.46B | $5.22B | $5.20B | $5.20B | $5.13B | $5.03B |
| Total assets | $6.53B | $6.51B | $6.44B | $6.35B | $6.35B | $6.34B | $6.24B | $6.11B | $6.11B | $6.18B | $6.17B | $6.05B |
| Liabilities | ||||||||||||
| Short-term debt | $108.4M | $119.0M | $120.1M | $97.7M | $82.4M | $82.3M | $84.8M | $91.5M | $89.7M | $94.4M | $89.0M | $103.1M |
| Total current liabilities | $108.4M | $119.0M | $5.68B | $5.58B | $5.57B | $5.58B | $5.48B | $5.36B | $5.37B | $5.45B | $5.44B | $5.34B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $36.4M | $35.9M | $36.4M | $38.2M | $39.4M | $38.3M | $40.2M | $41.5M | $42.0M | $43.4M | $44.5M | $45.4M |
| Other long-term liabilities | $5.76B | $5.72B | $76.6M | $78.0M | $82.9M | $71.8M | $86.6M | $85.0M | $84.8M | $80.8M | $83.1M | $92.9M |
| Total liabilities | $5.87B | $5.84B | $5.75B | $5.66B | $5.66B | $5.65B | $5.56B | $5.44B | $5.45B | $5.53B | $5.52B | $5.43B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M | $20.1M |
| Retained earnings (deficit) | $500.0M | $489.5M | $480.0M | $471.3M | $462.2M | $453.9M | $446.5M | $442.1M | $436.0M | $430.3M | $425.1M | $422.1M |
| Accumulated other comprehensive income | $7.0M | $8.2M | $10.0M | $262.9M | $261.2M | −$132,000 | −$3.9M | −$6.6M | −$14.3M | −$14.8M | −$13.2M | −$31.5M |
| Total shareholders' equity | $656.0M | $670.9M | $686.6M | $692.0M | $692.8M | $687.8M | $676.3M | $669.0M | $655.2M | $649.2M | $645.3M | $623.9M |
| Key figures | ||||||||||||
| Total debt | $144.7M | $148.8M | $156.4M | $135.9M | $121.7M | $120.6M | $124.9M | $132.9M | $131.7M | $137.8M | $133.5M | $148.5M |
| Net cash (debt) | −$100.2M | −$105.7M | $137.0M | $158.5M | $192.8M | $252.6M | $219.6M | $300.4M | $305.6M | $333.3M | $368.1M | $347.5M |
| Working capital | −$63.9M | −$61.2M | −$5.38B | −$5.28B | −$5.26B | −$5.21B | −$5.13B | −$4.92B | −$4.93B | −$4.98B | −$4.94B | −$4.84B |
| Tangible book value | $656.0M | $670.9M | $686.6M | $692.0M | $692.8M | $687.8M | $676.3M | $669.0M | $655.2M | $649.2M | $645.3M | $623.9M |
| Book value per share | $37.21 | $37.53 | $37.46 | $36.43 | $36.47 | $36.12 | $35.53 | $35.15 | $34.42 | $34.11 | $33.92 | $32.80 |
| Shares outstanding | 17.6M | 17.9M | 18.3M | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M |
| Current ratio | 0.41 | 0.49 | 0.05 | 0.05 | 0.06 | 0.07 | 0.06 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 |
| Quick ratio | 0.55 | 0.49 | 0.05 | 0.05 | 0.06 | 0.07 | 0.06 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 |
| Debt / equity | 0.22 | 0.22 | 0.23 | 0.20 | 0.18 | 0.18 | 0.18 | 0.20 | 0.20 | 0.21 | 0.21 | 0.24 |
| Equity / assets | 10.1% | 10.3% | 10.7% | 10.9% | 10.9% | 10.9% | 10.8% | 11.0% | 10.7% | 10.5% | 10.5% | 10.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 16, 2026); data from EODHD.
TRST financial position
At the end of fiscal 2025 (December 31, 2025), TrustCo Bank Corp NY had total assets of $6.4 billion (up 3.2% from a year earlier), total liabilities of $5.8 billion and shareholders' equity of $686.6 million. It held $293.5 million in cash and short-term investments against $156.4 million of debt, a net cash position of $137.0 million. Its current ratio was 0.05. In the latest quarter (ended June 30, 2026) total assets were $6.5 billion and equity $656.0 million.
Related: TRST income statement, TRST cash flow statement, TRST key metrics. See the TRST stock overview for the latest quote and news.
TRST balance sheet FAQ
What are TrustCo Bank Corp NY's total assets?
TrustCo Bank Corp NY reported total assets of $6.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.2 billion a year earlier.
How much debt does TrustCo Bank Corp NY have?
TrustCo Bank Corp NY had $156.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.23.
How much cash does TrustCo Bank Corp NY have?
TrustCo Bank Corp NY held $293.5 million in cash and short-term investments at the end of fiscal 2025; with $156.4 million of debt that is net cash of $137.0 million.
What is TrustCo Bank Corp NY's book value?
TrustCo Bank Corp NY's shareholders' equity (book value) was $686.6 million at the end of fiscal 2025, or $37.46 per share.
What is TrustCo Bank Corp NY's current ratio?
TrustCo Bank Corp NY had current assets of $293.5 million and current liabilities of $5.7 billion, a current ratio of 0.05 (current liabilities exceed current assets).