Trustco Bank Corp Stock Today

TRST Stock  USD 37.24  0.30  0.80%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
TrustCo Bank is selling for under 37.24 as of the 3rd of December 2024; that is 0.8% down since the beginning of the trading day. The stock's last reported lowest price was 36.98. TrustCo Bank has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for TrustCo Bank Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Banks
IPO Date
26th of March 1990
Category
Financial Services
Classification
Financials
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, partnerships, and corporations. The company was founded in 1902 and is headquartered in Glenville, New York. The company has 19.01 M outstanding shares of which 115.91 K shares are at this time shorted by private and institutional investors with about 2.9 trading days to cover. More on TrustCo Bank Corp

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TrustCo Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORobert McCormick
Old NameCannTrust Holdings Inc
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Jakarta Stock Exchange, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0130.0095
Significantly Up
Slightly volatile
Asset Turnover0.04160.0308
Significantly Up
Slightly volatile
Gross Profit Margin0.840.88
Sufficiently Down
Pretty Stable
Total Current Liabilities35.1 M37 M
Notably Down
Very volatile
Non Current Liabilities Total5.8 B5.6 B
Sufficiently Up
Slightly volatile
Total Assets3.8 B6.2 B
Way Down
Slightly volatile
Total Current Assets348.1 M578 M
Way Down
Very volatile
Total Cash From Operating Activities66.3 M64.1 M
Sufficiently Up
Slightly volatile
Debt Levels
TrustCo Bank can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TrustCo Bank's financial leverage. It provides some insight into what part of TrustCo Bank's total assets is financed by creditors.
Liquidity
TrustCo Bank Corp currently holds 44.47 M in liabilities with Debt to Equity (D/E) ratio of 10.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about TrustCo Bank's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

(26.02 Million)
TrustCo Bank Corp (TRST) is traded on NASDAQ Exchange in USA. It is located in 5 Sarnowski Drive, Glenville, NY, United States, 12302 and employs 735 people. TrustCo Bank is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 689.89 M. TrustCo Bank Corp conducts business under Banks sector and is part of Financials industry. The entity has 19.01 M outstanding shares of which 115.91 K shares are at this time shorted by private and institutional investors with about 2.9 trading days to cover. TrustCo Bank Corp currently holds about 841.26 M in cash with 64.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check TrustCo Bank Probability Of Bankruptcy
Ownership Allocation
TrustCo Bank Corp shows a total of 19.01 Million outstanding shares. The majority of TrustCo Bank Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TrustCo Bank to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TrustCo Bank Corp. Please pay attention to any change in the institutional holdings of TrustCo Bank Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check TrustCo Ownership Details

TrustCo Stock Institutional Holders

InstituionRecorded OnShares
Royce & Associates, Lp2024-09-30
260.3 K
Aqr Capital Management Llc2024-09-30
247.8 K
Northern Trust Corp2024-09-30
233.5 K
Bank Of New York Mellon Corp2024-09-30
223.1 K
Morgan Stanley - Brokerage Accounts2024-09-30
193.6 K
Arrowstreet Capital Limited Partnership2024-09-30
170.4 K
Charles Schwab Investment Management Inc2024-09-30
170.4 K
Brandywine Global Investment Mgmt Llc2024-09-30
121 K
Bridgeway Capital Management, Llc2024-09-30
118.3 K
Blackrock Inc2024-06-30
2.7 M
Vanguard Group Inc2024-09-30
1.3 M
View TrustCo Bank Diagnostics

TrustCo Bank Historical Income Statement

At this time, TrustCo Bank's Other Operating Expenses is comparatively stable compared to the past year. Operating Income is likely to gain to about 102.5 M in 2024, whereas Income Tax Expense is likely to drop slightly above 17.4 M in 2024. View More Fundamentals

TrustCo Stock Against Markets

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 OzimekCFO, Sr. VP, CFO of TrustCo Bank and Sr. VP of TrustCo BankProfile
Carly BatistaSenior COOProfile

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.