TRUSTCO BANK CORP N Y TRST

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

holding company having its principal place of business at 5 Sarnowski Drive, Glenville, New York 12302. TrustCo was incorporated under the laws of New York in 1981 to be the parent holding company of The Schenectady Trust Company, which

subsequently was renamed Trustco Bank New York and, later, Trustco Bank, National Association. The Company's principal subsidiary, Trustco Bank (also referred to as the "Bank"), is the successor by merger to Trustco Bank, National Association.

As of December 31, 2025, TrustCo had $6.4 billion in total assets and $5.6 billion in deposits. Furthermore, TrustCo had 6,582 shareholders of record as of December 31, 2025 and the closing price of the

Trustco Bank is a federal savings bank engaged in providing general banking services to individuals and businesses.

Last close 55.73 2026-10-23
Market cap $949.0M 2026-06-30 share count
52-week range 36.93 - 59.28

Valuation FY2025 figures against the last close

P/S3.7x
P/E17.1x
P/FCF20.7x
EV/EBITDA—
Dividend yield2.9%
Diluted EPS3.25

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $259.4M$243.3M$226.2M$186.6M$168.0M$178.3M$192.1M$180.9M$169.0M$161.4M
Interest expense $169.0M$151.9M$171.8M$180.1M$7.6M$24.7M$36.3M$20.2M$14.6M$15.3M
Pre-tax income $80.8M$64.0M$77.6M$99.4M$82.1M$69.4M$76.5M$79.7M$76.7M$68.3M
Income tax $19.7M$15.2M$19.0M$24.2M$20.6M$17.0M$18.7M$18.2M$33.6M$25.7M
Net income $61.1M$48.8M$58.6M$75.2M$61.5M$52.5M$57.8M$61.4M$43.1M$42.6M
EPS, basic 3.262.573.083.933.192.722.990.640.450.45
EPS, diluted 3.252.573.083.933.192.722.980.640.450.45
Shares, diluted (wtd. avg.) 18.8M19.0M19.0M19.1M19.3M19.3M19.4M96.6M96.2M95.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $730.4M$641.8M$578.0M$650.6M$1.22B$1.11B$456.8M$503.7M$612.7M$707.3M
Property, plant and equipment $40.7M$33.8M$34.0M$32.6M$33.0M$34.4M$34.6M$34.7M$35.2M$35.5M
Total assets $6.44B$6.24B$6.17B$6.00B$6.20B$5.90B$5.22B$4.96B$4.91B$4.87B
Short-term debt $120.1M$84.8M$89.0M$122.7M$244.7M$214.8M$148.7M$161.9M$243.0M$209.4M
Total liabilities $5.75B$5.56B$5.52B$5.40B$5.60B$5.33B$4.68B$4.47B$4.45B$4.44B
Retained earnings $480.0M$446.5M$425.1M$393.8M$349.1M$314.0M$288.1M$256.4M$219.4M$201.5M
Total equity $686.6M$676.3M$645.3M$600.0M$601.1M$568.2M$538.3M$489.9M$458.3M$432.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $57.6M$59.4M$64.1M$78.6M$55.4M$62.2M$63.8M$67.6M$61.7M$54.9M
Depreciation and amortisation $4.8M$4.5M$4.1M$4.1M$4.2M$4.0M$4.0M$4.1M$3.8M$4.0M
Stock-based compensation $1.3M$720.0K$103.0K$0$0$15.0K$5.0K$173.0K$150.0K$224.0K
Capital expenditure $11.9M$4.9M$5.7M$3.8M$2.8M$3.8M$3.9M$3.6M$3.6M$2.1M
Investing cash flow -$104.7M-$3.8M-$233.6M-$416.6M-$175.3M-$35.3M-$248.8M-$173.8M-$144.9M-$157.8M
Financing cash flow $135.7M$8.1M$96.9M-$230.9M$232.3M$623.4M$138.1M-$2.9M-$11.3M$92.0M
Dividends paid $27.6M$27.4M$27.4M$27.0M$26.3M$26.3M$26.4M$25.6M$25.2M$25.1M
Buybacks $38.1M$374.0K$0$7.0M$2.4M$3.5M$35.0K$718.0K$4.6M$701.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-009576.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 100M 200M 300M Revenue, FY2016: 161.4M Net income, FY2016: 42.6M Revenue, FY2017: 169M Net income, FY2017: 43.1M Revenue, FY2018: 180.9M Net income, FY2018: 61.4M Revenue, FY2019: 192.1M Net income, FY2019: 57.8M Revenue, FY2020: 178.3M Net income, FY2020: 52.5M Revenue, FY2021: 168M Net income, FY2021: 61.5M Revenue, FY2022: 186.6M Net income, FY2022: 75.2M Revenue, FY2023: 226.2M Net income, FY2023: 58.6M Revenue, FY2024: 243.3M Net income, FY2024: 48.8M Revenue, FY2025: 259.4M Net income, FY2025: 61.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $161.4M $169.0M $180.9M $192.1M $178.3M $168.0M $186.6M $226.2M $243.3M $259.4M
Gross profit — — — — — — — — — —
Net income $42.6M $43.1M $61.4M $57.8M $52.5M $61.5M $75.2M $58.6M $48.8M $61.1M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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