TrustCo Return On Assets from 2010 to 2024

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit TrustCo Bank Corp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00950781
Current Value
0.013
Quarterly Volatility
0.00165972
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of TrustCo Bank Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. TrustCo Bank's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

TrustCo Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation16.59
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000275
Range0.0052
R-Value0.49
Mean Square Error0.00000225
R-Squared0.24
Significance0.06
Slope0.0002
Total Sum of Squares0.000039

TrustCo Return On Assets History

2024 0.013
2023 0.009508
2022 0.0125
2021 0.009928
2020 0.008887
2019 0.0111
2018 0.0124

About TrustCo Bank Financial Statements

TrustCo Bank shareholders use historical fundamental indicators, such as Return On Assets, 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
Return On Assets 0.01  0.01 

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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.