TrustCo Bank Company Insiders

TRST Stock  USD 45.72  0.43  0.95%   
TrustCo Bank employs about 743 people. The company is managed by 12 executives with a total tenure of roughly 90 years, averaging almost 7.0 years of service per executive, having 61.92 employees per reported executive. Breaking down TrustCo Bank's management performance can provide insight into the firm performance.
Robert McCormick  CEO
CEO and President Director, CEO of Trustco Bank and President of Trustco Bank and Director of Trustco Bank
Eric Schreck  President
Sr. VP, Treasurer, Florida Regional President of Bank Admin. - Trustco Bank and Sr. VP of Bank Admin. - Trustco Bank
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TrustCo Bank's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with TrustCo Bank's future performance. Based on our forecasts, it is anticipated that TrustCo will maintain a workforce of slightly above 740 employees by March 2026.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

TrustCo Bank Management Team Effectiveness

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 2026, whereas Return On Capital Employed is likely to drop 0.02 in 2026. 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 2026, whereas Total Current Liabilities is likely to drop slightly above 1.3 B in 2026. 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.

TrustCo Bank Quarterly Income Before Tax

21.05 Million

Common Stock Shares Outstanding is likely to drop to about 16.8 M in 2026. Net Income Applicable To Common Shares is likely to drop to about 51.3 M in 2026TrustCo Bank Corp shows a total of 18.42 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.
 
Shares in Circulation  
First Issued
1985-09-30
Previous Quarter
19 M
Current Value
18.3 M
Avarage Shares Outstanding
15.4 M
Quarterly Volatility
3.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
At this time, TrustCo Bank's Dividend Yield is comparatively stable compared to the past year. Dividend Payout Ratio is likely to gain to 0.73 in 2026, whereas Dividends Paid is likely to drop (33.1 M) in 2026. Common Stock Shares Outstanding is likely to drop to about 16.8 M in 2026. Net Income Applicable To Common Shares is likely to drop to about 51.3 M in 2026.

TrustCo Bank Workforce Comparison

TrustCo Bank Corp is currently regarded as top stock in number of employees category among its peers. The total workforce of Financials industry is at this time estimated at about 866. TrustCo Bank totals roughly 743 in number of employees claiming about 86% of equities under Financials industry.

TrustCo Bank Profit Margins

The company has Profit Margin (PM) of 0.31 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.47 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.47.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.540.6708
Significantly Down
Very volatile
Net Profit Margin0.180.2197
Significantly Down
Slightly volatile
Operating Profit Margin0.260.2918
Fairly Down
Very volatile
Pretax Profit Margin0.260.2904
Moderately Down
Very volatile
Return On Assets0.0130.0095
Significantly Up
Slightly volatile
Return On Equity0.170.089
Way Up
Pretty Stable

TrustCo Bank Insider Trading History

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 must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2025-12-01
0.9706
33
34
 45,171 
 31,428 
2025-09-01
0.5
1
2
 225.00 
 409.00 
2024-12-01
1.1
55
50
 96,032 
 74,162 
2023-12-01
0.8793
51
58
 68,500 
 58,958 
2022-12-01
0.7463
50
67
 61,157 
 79,261 
2021-12-01
0.9545
63
66
 65,136 
 48,084 
2021-06-01
5.0
5
1
 3,484 
 1,125 
2021-03-01
5.0
5
1
 28,000 
 3,714 
2020-12-01
1.0351
59
57
 241,937 
 158,574 
2020-09-01
5.0
5
1
 19,700 
 0.00 
2020-06-01
4.5
9
2
 112,926 
 44,800 
2019-12-01
0.7432
55
74
 209,163 
 202,000 
2019-09-01
0.75
3
4
 18,172 
 19,000 
2019-06-01
1.0
1
1
 3,000 
 10,850 
2019-03-01
1.0
5
5
 6,000 
 26,483 
2018-12-01
0.9111
41
45
 163,963 
 140,014 
2018-09-01
0.6
6
10
 51,800 
 92,206 
2018-06-01
0.9
9
10
 57,200 
 109,943 
2018-03-01
2.0
2
1
 4,000 
 1,760 
2017-12-01
0.8409
37
44
 543,787 
 942,250 
2017-09-01
0.7778
7
9
 53,200 
 109,495 
2017-03-01
0.5
7
14
 408,500 
 646,148 
2016-12-01
1.0
35
35
 162,450 
 137,594 
2016-09-01
2.0
8
4
 73,060 
 47,166 
2016-06-01
2.5
5
2
 245,988 
 159,888 
2015-12-01
1.1212
37
33
 248,825 
 130,783 
2015-03-01
0.6667
2
3
 19,429 
 34,310 
2014-12-01
1.9091
21
11
 201,000 
 42,216 
2013-12-01
4.3333
26
6
 275,191 
 39,034 
2013-03-01
1.0
2
2
 9,387 
 17,500 
2012-12-01
10.5
21
2
 265,300 
 14,500 
2012-06-01
2.0
2
1
 23,316 
 10,000 
2012-03-01
3.0
6
2
 5,624 
 2.29 
2011-12-01
15.0
30
2
 439,050 
 17,500 
2011-09-01
15.0
15
1
 624,296 
 750,000 
2011-03-01
5.0
5
1
 12,820 
 19,550 
2010-12-01
1.0
2
2
 1,037 
 1,000.00 
2010-06-01
2.0
2
1
 8,500 
 7,000 
2010-03-01
11.0
11
1
 54,988 
 28,119 
2009-12-01
0.3333
1
3
 1,010 
 5,691 
2009-03-01
4.0
4
1
 28,198 
 3,000 
2008-12-01
0.7273
8
11
 705,533 
 1,353,340 
2008-09-01
1.0
1
1
 40,046 
 1,000.00 
2008-06-01
3.0
9
3
 263,500 
 27,500 
2008-03-01
1.0
2
2
 19,300 
 3,415 
2007-12-01
0.25
1
4
 1,052 
 3,552 
2007-09-01
3.0
6
2
 303,528 
 130,832 
2007-06-01
3.6667
11
3
 373,500 
 22,500 
2007-03-01
1.0
5
5
 34,807 
 18,086 
2006-09-01
18.0
18
1
 335,523 
 4,023 
2006-06-01
5.0
5
1
 24,032 
 13,992 
2006-03-01
1.0
1
1
 12,838 
 8,981 
2005-09-01
0.3333
1
3
 123,176 
 208,764 
2005-03-01
1.8571
13
7
 365,466 
 46,812 
2004-12-01
1.2857
9
7
 697,666 
 383,469 
2004-06-01
0.8
8
10
 45,777 
 69,158 
2004-03-01
1.3333
12
9
 415,587 
 308,588 
2003-12-01
0.1667
1
6
 100.00 
 225,641 
2003-09-01
0.75
6
8
 16,484 
 24,442 

TrustCo Bank Notable Stakeholders

A TrustCo Bank stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as TrustCo Bank often face trade-offs trying to please all of them. TrustCo Bank's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting TrustCo Bank's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Robert McCormickCEO and President Director, CEO of Trustco Bank and President of Trustco Bank and Director of Trustco BankProfile
Eric SchreckSr. VP, Treasurer, Florida Regional President of Bank Admin. - Trustco Bank and Sr. VP of Bank Admin. - Trustco BankProfile
Kevin CurleySenior Vice PresidentProfile
Scot SalvadorExecutive Vice President Chief Banking Officer of TrustCo and Trustco BankProfile
Michael OzimekCFO, Sr. VP, CFO of TrustCo Bank and Sr. VP of TrustCo BankProfile
Carly BatistaSenior COOProfile
Robert LeonardExecutive VP, Secretary, Executive VP of Trustco Bank and Secretary of Trustco BankProfile
Lauren McCormickTreasurer VPProfile
John GeorgeSenior OfficerProfile
Michelle SimmondsSenior OfficerProfile
Michael EsqGeneral SecretaryProfile
Michael EwellSenior OfficerProfile
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About TrustCo Bank Management Performance

The success or failure of an entity such as TrustCo Bank Corp often depends on how effective the management is. TrustCo Bank management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of TrustCo management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the TrustCo management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.02  0.02 
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.17 
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.

TrustCo Bank Workforce Analysis

Traditionally, organizations such as TrustCo Bank use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare TrustCo Bank within its industry.

TrustCo Bank Manpower Efficiency

Return on TrustCo Bank Manpower

Revenue Per Employee374.6K
Revenue Per Executive23.2M
Net Income Per Employee65.7K
Net Income Per Executive4.1M

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.