TrustCo Return On Equity from 2010 to 2024

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of TrustCo Bank Corp in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.09088387
Current Value
0.17
Quarterly Volatility
0.02615035
 
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 Equity Growth Pattern

Below is the plot of the Return On Equity of TrustCo Bank Corp over the last few years. Return on Equity is the amount of TrustCo Bank Corp net income returned as a percentage of TrustCo Bank equity. Return on equity measures TrustCo Bank profitability by revealing how much profit TrustCo Bank Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. TrustCo Bank's Return On Equity 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.
ViewLast Reported 0.073310 Years Trend
Very volatile
   Return On Equity   
       Timeline  

TrustCo Return On Equity Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.11
Coefficient Of Variation22.95
Mean Deviation0.02
Median0.10
Standard Deviation0.03
Sample Variance0.0007
Range0.0851
R-Value(0.02)
Mean Square Error0.0007
R-Squared0.0004
Significance0.94
Slope(0.0001)
Total Sum of Squares0.01

TrustCo Return On Equity History

2024 0.17
2023 0.0909
2020 0.0923
2018 0.13
2017 0.0941
2016 0.0985

About TrustCo Bank Financial Statements

TrustCo Bank shareholders use historical fundamental indicators, such as Return On Equity, 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 Equity 0.09  0.17 

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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.