TrustCo Bank Corp NY (TRST) to Release Earnings on Monday

TrustCo Bank Corp NY (NASDAQ:TRSTGet Free Report) is scheduled to issue its quarterly earnings data after the market closes on Monday, October 21st. Persons that wish to listen to the company’s earnings conference call can do so using this link.

TrustCo Bank Corp NY (NASDAQ:TRSTGet Free Report) last posted its quarterly earnings data on Monday, July 22nd. The bank reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.13. TrustCo Bank Corp NY had a net margin of 19.22% and a return on equity of 7.65%. The company had revenue of $66.24 million during the quarter, compared to the consensus estimate of $40.94 million. During the same quarter in the prior year, the company posted $0.86 EPS.

TrustCo Bank Corp NY Stock Performance

TRST opened at $32.79 on Monday. TrustCo Bank Corp NY has a 1 year low of $23.78 and a 1 year high of $36.51. The company’s 50 day simple moving average is $33.02 and its 200 day simple moving average is $30.20. The stock has a market capitalization of $623.34 million, a PE ratio of 12.66 and a beta of 0.81.

TrustCo Bank Corp NY Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 6th were issued a $0.36 dividend. The ex-dividend date was Friday, September 6th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.39%. TrustCo Bank Corp NY’s dividend payout ratio (DPR) is presently 55.60%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised TrustCo Bank Corp NY from a “sell” rating to a “hold” rating in a research report on Monday, June 17th.

Read Our Latest Stock Report on TRST

TrustCo Bank Corp NY Company Profile

(Get Free Report)

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities.

See Also

Earnings History for TrustCo Bank Corp NY (NASDAQ:TRST)

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