TrustCo Gross Profit from 2010 to 2024

TRST Stock

USD 36.42 0.23 0.64%

TrustCo Bank Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 139.1 M in 2024. Gross Profit is the profit TrustCo Bank Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1990-03-31

Previous Quarter

64.9 M

Current Value

2.6 M

Quarterly Volatility

10.7 M

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check TrustCo Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrustCo Bank's main balance sheet or income statement drivers, such as Interest Expense of 34 M, Other Operating Expenses of 99.2 M or Operating Income of 102.5 M, as well as many indicators such as Price To Sales Ratio of 4.0, Dividend Yield of 0.0473 or PTB Ratio of 0.87. TrustCo financial statements analysis is a perfect complement when working with TrustCo Bank Valuation or Volatility modules.

Check out the analysis of TrustCo Bank Correlation against competitors.

Latest TrustCo Bank's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of TrustCo Bank Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of TrustCo Bank Corp minus its cost of goods sold. It is profit before TrustCo Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. TrustCo Bank's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TrustCo Bank's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 199.74 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

TrustCo Gross Profit Regression Statistics

	Arithmetic Mean	155,865,153
	Geometric Mean	148,526,808
	Coefficient Of Variation	22.67
	Mean Deviation	19,959,263
	Median	161,359,000
	Standard Deviation	35,330,930
	Sample Variance	1248.3T
	Range	151.9M
	R-Value	0.46
	Mean Square Error	1064.6T
	R-Squared	0.21
	Significance	0.09
	Slope	3,603,286
	Total Sum of Squares	17475.8T

TrustCo Gross Profit History

	2024	139.1 M
	2023	146.1 M
	2022	189.9 M
	2021	178.3 M
	2020	170.8 M
	2019	174.4 M
	2018	178.8 M

Other Fundumenentals of TrustCo Bank Corp

Gross Profit Margin

TrustCo Bank Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Short Term Investments	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Capital Surpluse	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock	Net Receivables
Total Assets		0.81	0.66	0.66	1.0	0.41	0.56	-0.12	0.06	0.04	-0.01	0.47	0.71	0.48	-0.19	-0.09	-0.53	0.38	-0.37	0.04
Total Stockholder Equity	0.81		0.31	0.95	0.8	0.18	0.32	-0.45	0.07	-0.18	0.14	0.44	0.84	0.59	-0.46	-0.3	-0.82	0.59	-0.67	-0.5
Net Debt	0.66	0.31		0.08	0.67	0.41	0.9	0.4	0.21	0.15	-0.04	0.48	0.13	-0.16	0.26	0.57	0.01	-0.03	0.2	0.53
Retained Earnings	0.66	0.95	0.08		0.65	0.04	0.08	-0.66	0.11	-0.38	0.31	0.35	0.9	0.72	-0.59	-0.43	-0.9	0.68	-0.81	-0.61
Total Liab	1.0	0.8	0.67	0.65		0.42	0.57	-0.11	0.04	0.06	-0.03	0.46	0.7	0.47	-0.18	-0.08	-0.51	0.37	-0.36	0.05
Total Current Assets	0.41	0.18	0.41	0.04	0.42		0.41	0.27	-0.19	0.37	-0.14	0.09	0.03	-0.06	0.11	-0.03	0.12	-0.19	0.13	0.21
Short Term Debt	0.56	0.32	0.9	0.08	0.57	0.41		0.38	0.04	0.23	-0.15	0.35	0.03	-0.22	0.33	0.68	0.06	0.06	0.18	0.28
Common Stock	-0.12	-0.45	0.4	-0.66	-0.11	0.27	0.38		-0.24	0.49	-0.34	-0.1	-0.62	-0.87	0.79	0.4	0.59	-0.74	0.95	0.6
Accounts Payable	0.06	0.07	0.21	0.11	0.04	-0.19	0.04	-0.24		-0.38	0.41	0.83	0.26	0.2	-0.49	0.2	-0.25	0.26	-0.19	0.17
Short Term Investments	0.04	-0.18	0.15	-0.38	0.06	0.37	0.23	0.49	-0.38		-0.94	-0.07	-0.54	-0.35	0.18	0.03	0.54	-0.35	0.36	0.13
Treasury Stock	-0.01	0.14	-0.04	0.31	-0.03	-0.14	-0.15	-0.34	0.41	-0.94		0.14	0.49	0.24	-0.13	-0.03	-0.45	0.19	-0.22	0.02
Property Plant Equipment	0.47	0.44	0.48	0.35	0.46	0.09	0.35	-0.1	0.83	-0.07	0.14		0.4	0.21	-0.5	0.09	-0.38	0.27	-0.21	0.06
Net Tangible Assets	0.71	0.84	0.13	0.9	0.7	0.03	0.03	-0.62	0.26	-0.54	0.49	0.4		0.8	-0.53	-0.37	-0.9	0.67	-0.72	-0.34
Capital Surpluse	0.48	0.59	-0.16	0.72	0.47	-0.06	-0.22	-0.87	0.2	-0.35	0.24	0.21	0.8		-0.73	-0.45	-0.64	0.74	-0.9	-0.39
Long Term Investments	-0.19	-0.46	0.26	-0.59	-0.18	0.11	0.33	0.79	-0.49	0.18	-0.13	-0.5	-0.53	-0.73		0.5	0.49	-0.55	0.81	0.5
Short Long Term Debt	-0.09	-0.3	0.57	-0.43	-0.08	-0.03	0.68	0.4	0.2	0.03	-0.03	0.09	-0.37	-0.45	0.5		0.42	-0.02	0.41	0.44
Earning Assets	-0.53	-0.82	0.01	-0.9	-0.51	0.12	0.06	0.59	-0.25	0.54	-0.45	-0.38	-0.9	-0.64	0.49	0.42		-0.57	0.68	0.49
Net Invested Capital	0.38	0.59	-0.03	0.68	0.37	-0.19	0.06	-0.74	0.26	-0.35	0.19	0.27	0.67	0.74	-0.55	-0.02	-0.57		-0.78	-0.56
Capital Stock	-0.37	-0.67	0.2	-0.81	-0.36	0.13	0.18	0.95	-0.19	0.36	-0.22	-0.21	-0.72	-0.9	0.81	0.41	0.68	-0.78		0.63
Net Receivables	0.04	-0.5	0.53	-0.61	0.05	0.21	0.28	0.6	0.17	0.13	0.02	0.06	-0.34	-0.39	0.5	0.44	0.49	-0.56	0.63

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About TrustCo Bank Financial Statements

TrustCo Bank shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although TrustCo Bank investors may analyze each financial statement separately, they are all interrelated. The changes in TrustCo Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on TrustCo Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	146.1 M	139.1 M
Gross Profit Margin	0.88	0.84

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When running TrustCo Bank's price analysis, check to measure TrustCo Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.

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