TrustCo Interest Expense from 2010 to 2024

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 34 M in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1990-03-31
Previous Quarter
22.8 M
Current Value
22.4 M
Quarterly Volatility
6.9 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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of TrustCo Bank Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. TrustCo Bank's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

TrustCo Interest Expense Regression Statistics

Arithmetic Mean20,450,197
Geometric Mean0.00
Coefficient Of Variation65.96
Mean Deviation9,785,863
Median16,197,000
Standard Deviation13,489,263
Sample Variance182T
Range54.4M
R-Value0.45
Mean Square Error156T
R-Squared0.20
Significance0.09
Slope1,361,552
Total Sum of Squares2547.4T

TrustCo Interest Expense History

202434 M
202354.4 M
20226.5 M
20217.6 M
202024.7 M
201936.3 M
201820.2 M

About TrustCo Bank Financial Statements

TrustCo Bank shareholders use historical fundamental indicators, such as Interest Expense, 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
Interest Expense54.4 M34 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.