Is TrustCo Bank Stock a Good Investment?
TrustCo Bank Investment Advice | TRST |
- Examine TrustCo Bank's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research TrustCo Bank's leadership team and their track record. Good management can help TrustCo Bank navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact TrustCo Bank's business and its evolving consumer preferences.
- Compare TrustCo Bank's performance and market position to its competitors. Analyze how TrustCo Bank is positioned in terms of product offerings, innovation, and market share.
- Check if TrustCo Bank pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TrustCo Bank's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in TrustCo Bank Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if TrustCo Bank Corp is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine TrustCo Bank Stock
Researching TrustCo Bank's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 75.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.03. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TrustCo Bank Corp last dividend was issued on the 6th of September 2024. The entity had 1:5 split on the 28th of May 2021.
To determine if TrustCo Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding TrustCo Bank's research are outlined below:
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: TrustCo Bank Corp NY A Standout No Matter the Economic Environment |
TrustCo Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in TrustCo Bank Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TrustCo Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 27th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact TrustCo Bank's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises TrustCo Bank's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-10-21 | 2015-09-30 | 0.5 | 0.55 | 0.05 | 10 | ||
2013-10-21 | 2013-09-30 | 0.5 | 0.55 | 0.05 | 10 | ||
2011-10-21 | 2011-09-30 | 0.45 | 0.5 | 0.05 | 11 | ||
2009-07-31 | 2009-06-30 | 0.4 | 0.35 | -0.05 | 12 | ||
2017-07-21 | 2017-06-30 | 0.55 | 0.65 | 0.1 | 18 | ||
2014-07-21 | 2014-06-30 | 0.53 | 0.63 | 0.1 | 18 | ||
2010-08-09 | 2010-06-30 | 0.55 | 0.45 | -0.1 | 18 | ||
2010-05-07 | 2010-03-31 | 0.55 | 0.45 | -0.1 | 18 |
Know TrustCo Bank's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TrustCo Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TrustCo Bank Corp backward and forwards among themselves. TrustCo Bank's institutional investor refers to the entity that pools money to purchase TrustCo Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royce & Associates, Lp | 2024-09-30 | 260.3 K | Aqr Capital Management Llc | 2024-09-30 | 247.8 K | Northern Trust Corp | 2024-09-30 | 233.5 K | Bank Of New York Mellon Corp | 2024-09-30 | 223.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 193.6 K | Arrowstreet Capital Limited Partnership | 2024-09-30 | 170.4 K | Charles Schwab Investment Management Inc | 2024-09-30 | 170.4 K | Brandywine Global Investment Mgmt Llc | 2024-09-30 | 121 K | Bridgeway Capital Management, Llc | 2024-09-30 | 118.3 K | Blackrock Inc | 2024-06-30 | 2.7 M | Vanguard Group Inc | 2024-09-30 | 1.3 M |
TrustCo Bank's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 689.89 M.Market Cap |
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TrustCo Bank's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.09 | 0.17 |
Determining TrustCo Bank's profitability involves analyzing its financial statements and using various financial metrics to determine if TrustCo Bank is a good buy. For example, gross profit margin measures TrustCo Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of TrustCo Bank's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in TrustCo Bank's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TrustCo Bank Corp. Check TrustCo Bank's Beneish M Score to see the likelihood of TrustCo Bank's management manipulating its earnings.
Evaluate TrustCo Bank's management efficiency
At this time, TrustCo Bank's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, TrustCo Bank's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 7.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 35.1 M in 2024. TrustCo Bank's management efficiency ratios could be used to measure how well TrustCo Bank manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 33.92 | 35.62 | |
| Tangible Book Value Per Share | 33.92 | 35.62 | |
| Enterprise Value Over EBITDA | 6.63 | 12.17 | |
| Price Book Value Ratio | 0.92 | 0.87 | |
| Enterprise Value Multiple | 6.63 | 12.17 | |
| Price Fair Value | 0.92 | 0.87 | |
| Enterprise Value | 762.6 M | 397 M |
Leadership at TrustCo Bank emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0396 | Forward Dividend Yield 0.0396 | Forward Dividend Rate 1.44 | Beta 0.821 |
Basic technical analysis of TrustCo Stock
As of the 11th of December 2024, TrustCo Bank has the Semi Deviation of 1.3, coefficient of variation of 1073.42, and Risk Adjusted Performance of 0.074. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TrustCo Bank Corp, as well as the relationship between them.TrustCo Bank's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TrustCo Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on TrustCo Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TrustCo Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
TrustCo Bank's Outstanding Corporate Bonds
TrustCo Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TrustCo Bank Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TrustCo bonds can be classified according to their maturity, which is the date when TrustCo Bank Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand TrustCo Bank's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing TrustCo Bank's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.074 | |||
| Market Risk Adjusted Performance | 0.0997 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.3 | |||
| Downside Deviation | 1.52 | |||
| Coefficient Of Variation | 1073.42 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.87 | |||
| Information Ratio | 0.0367 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 0.0897 | |||
| Maximum Drawdown | 17.64 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.73 | |||
| Downside Variance | 2.31 | |||
| Semi Variance | 1.69 | |||
| Expected Short fall | (1.53) | |||
| Skewness | 3.09 | |||
| Kurtosis | 18.55 |
| Risk Adjusted Performance | 0.074 | |||
| Market Risk Adjusted Performance | 0.0997 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.3 | |||
| Downside Deviation | 1.52 | |||
| Coefficient Of Variation | 1073.42 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.87 | |||
| Information Ratio | 0.0367 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 0.0897 | |||
| Maximum Drawdown | 17.64 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.73 | |||
| Downside Variance | 2.31 | |||
| Semi Variance | 1.69 | |||
| Expected Short fall | (1.53) | |||
| Skewness | 3.09 | |||
| Kurtosis | 18.55 |
Consider TrustCo Bank's intraday indicators
TrustCo Bank intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TrustCo Bank stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2156.0 | |||
| Daily Balance Of Power | 0.2255 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 36.43 | |||
| Day Typical Price | 36.43 | |||
| Price Action Indicator | 0.11 | |||
| Period Momentum Indicator | 0.23 |
TrustCo Bank Corporate Filings
F4 | 25th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of November 2024 Other Reports | ViewVerify | |
8K | 21st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 9th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
TrustCo Stock media impact
Far too much social signal, news, headlines, and media speculation about TrustCo Bank that are available to investors today. That information is available publicly through TrustCo media outlets and privately through word of mouth or via TrustCo internal channels. However, regardless of the origin, that massive amount of TrustCo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of TrustCo Bank news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of TrustCo Bank relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to TrustCo Bank's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive TrustCo Bank alpha.
TrustCo Bank Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards TrustCo Bank can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TrustCo Bank Corporate Executives
Elected by the shareholders, the TrustCo Bank's board of directors comprises two types of representatives: TrustCo Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TrustCo. The board's role is to monitor TrustCo Bank's management team and ensure that shareholders' interests are well served. TrustCo Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TrustCo Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Ozimek | CFO, Sr. VP, CFO of TrustCo Bank and Sr. VP of TrustCo Bank | Profile | |
| Carly Batista | Senior COO | Profile |
Additional Tools for TrustCo Stock Analysis
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.