TrustCo Income Before Tax from 2010 to 2024

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 63.1 M in 2024. From the period from 2010 to 2024, TrustCo Bank Income Before Tax quarterly data regression had r-value of  0.68 and coefficient of variation of  27.74. View All Fundamentals
 
Income Before Tax  
First Reported
1990-03-31
Previous Quarter
16.5 M
Current Value
16.9 M
Quarterly Volatility
5.1 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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of TrustCo Bank Corp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on TrustCo Bank income statement and is an important metric when analyzing TrustCo Bank Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is TrustCo Bank's Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

TrustCo Income Before Tax Regression Statistics

Arithmetic Mean67,998,234
Geometric Mean63,434,008
Coefficient Of Variation27.74
Mean Deviation11,921,852
Median69,446,000
Standard Deviation18,859,464
Sample Variance355.7T
Range86.6M
R-Value0.68
Mean Square Error207.3T
R-Squared0.46
Significance0.01
Slope2,856,116
Total Sum of Squares4979.5T

TrustCo Income Before Tax History

202463.1 M
202377.6 M
202299.4 M
202182.1 M
202069.4 M
201976.5 M
201879.7 M

About TrustCo Bank Financial Statements

TrustCo Bank shareholders use historical fundamental indicators, such as Income Before Tax, 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 ReportedProjected for Next Year
Income Before Tax77.6 M63.1 M

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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.