TrustCo Bank Corp NY (TRST)

TrustCo Bank Corp. NY reported Q3 2024 earnings on October 22, 2024, with an EPS of $0.68, and Q4 2025 earnings on January 21, 2026, with an EPS of $0.85. The company announced a two-million share stock repurchase program on December 19, 2025, and declared a quarterly cash dividend of $0.38 per share on November 18, 2025. The stock price increased by 34.92% between January 31, 2025, and January 30, 2026, and by 40.24% over the past year. However, there was a downgrade on February 16, and the stock decreased over 6% on January 23, 2026.

Specific demand seasonality for TrustCo Bank Corp. NY's products and services was not explicitly found. While banking products like mortgages might see seasonal fluctuations, there is no direct data available to confirm these trends for TrustCo Bank Corp. NY.

TrustCo Bank Corp. NY operates as a savings and loan holding company through its subsidiary, Trustco Bank, offering a range of banking services to individuals and businesses. The company provides deposit products, personal and business banking services, and trust and investment services. It specializes in residential mortgage lending and offers other loan products. Trustco Financial Services provides estate, trust, asset, and wealth management services.

TrustCo Bank Corp. NY operates 136 banking offices and approximately 154 ATMs. Its geographic footprint includes New York, Florida, Massachusetts, New Jersey, and Vermont. In New York, the bank has offices in numerous counties. In Florida, its operations extend to multiple counties as well.

TrustCo Bank has a reputation for strong performance in the banking industry and has been recognized as one of the best-performing savings banks. The company emphasizes its tradition of providing high-quality services and its commitment to shareholder returns through consistent dividends. However, the company's reputation has faced challenges, including a downgrade and customer complaints regarding fraud claims and security breaches. Employee reviews present a mixed picture, with some praising the supportive environment and growth opportunities, while others express concerns about communication, training, and management.

Institutional investors hold approximately 80% of TrustCo Bank Corp. NY's shares. As of January 30, 2026, 357 institutional owners and shareholders held 18,302,750 shares. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Individual insiders hold about 3.69% of the shares, with CEO Robert McCormick holding 2.2%. Insider buying has been observed in the past three months.