TrustCo Bank Financials

TRST Stock  USD 37.24  0.32  0.85%   
Based on the analysis of TrustCo Bank's profitability, liquidity, and operating efficiency, TrustCo Bank Corp is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, TrustCo Bank's Short Term Debt is comparatively stable compared to the past year. Short Term Investments is likely to gain to about 539.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 42.2 M in 2024. Key indicators impacting TrustCo Bank's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.250.3084
Significantly Down
Slightly volatile
Return On Assets0.0130.0095
Significantly Up
Slightly volatile
Return On Equity0.170.0909
Way Up
Very volatile
Debt Equity Ratio0.560.33
Way Up
Slightly volatile
Operating Income102.5 M94.5 M
Significantly Up
Slightly volatile
Current Ratio16.4215.6353
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for TrustCo Bank includes many different criteria found on its balance sheet. An individual investor should monitor TrustCo Bank's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in TrustCo Bank.

Net Income

39.12 Million

  
Understanding current and past TrustCo Bank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TrustCo Bank's financial statements are interrelated, with each one affecting the others. For example, an increase in TrustCo Bank's assets may result in an increase in income on the income statement.
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 Stock Summary

TrustCo Bank competes with Southern Missouri, IF Bancorp, Colony Bankcorp, Old Point, and Penns Woods. TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company was founded in 1902 and is headquartered in Glenville, New York. Trustco Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 753 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8983492047
CUSIP898349105 898349204
LocationNew York; U.S.A
Business Address5 Sarnowski Drive,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.trustcobank.com
Phone518 377 3311
CurrencyUSD - US Dollar

TrustCo Bank Key Financial Ratios

TrustCo Bank Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.9B6.2B6.0B6.2B3.8B
Other Current Liab(148.7M)(214.8M)(244.7M)(122.7M)(97.5M)(92.6M)
Net Debt157.0M220.3M249.0M128.3M(4.8M)(4.6M)
Retained Earnings288.1M314.0M349.1M393.8M425.1M446.3M
Cash48.2M47.2M48.4M43.4M49.3M86.2M
Other Assets3.9B4.9B5.2B5.3B6.1B6.4B
Total Liab4.7B5.3B5.6B5.4B5.5B3.5B
Total Current Assets622.0M486.3M456.1M650.6M578.0M348.1M
Short Term Debt148.7M214.8M244.7M122.7M97.5M140.0M
Accounts Payable4.5B28.9M5.3B35.6M32.0M30.4M
Inventory1.6M541K362K2.1M2.4M3.7M
Net Tangible Assets538.3M568.2M601.1M600.0M690.0M509.1M
Capital Surpluse176.4M176.4M256.7M257.1M295.6M207.1M
Other Current Assets469.0M1.1B1.2B664.2M578.0M672.5M
Short Long Term Debt148.7M214.8M244.7M122.7M110.4M153.4M
Net Invested Capital686.9M782.9M845.8M722.7M831.1M805.1M

TrustCo Bank Key Income Statement Accounts

The reason investors look at the income statement is to determine what TrustCo Bank's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense36.3M24.7M7.6M6.5M54.4M34.0M
Operating Income76.5M69.4M82.1M95.3M94.5M102.5M
Ebit76.5M69.4M82.1M99.4M77.6M102.1M
Ebitda86.5M79.6M92.7M110.0M88.4M106.2M
Net Income57.8M52.5M61.5M75.2M58.6M39.1M
Income Tax Expense18.7M17.0M20.6M24.2M19.0M17.4M
Total Revenue174.4M170.8M178.3M189.9M190.2M137.0M
Gross Profit174.4M170.8M178.3M189.9M146.1M139.1M
Income Before Tax76.5M69.4M82.1M99.4M77.6M63.1M
Tax Provision18.7M17.0M20.6M24.2M22.5M18.2M
Net Interest Income155.8M153.6M160.4M180.1M182.4M175.6M
Interest Income192.1M178.3M168.0M186.6M219.7M197.4M

TrustCo Bank Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(46.9M)650.3M112.4M(568.9M)(72.6M)(69.0M)
Free Cash Flow59.9M58.3M52.5M74.8M58.5M54.2M
Depreciation9.9M10.2M10.6M10.6M10.8M11.3M
Other Non Cash Items2.2M8.1M(216K)1.6M2.9M2.7M
Dividends Paid26.4M26.3M26.3M27.0M(27.4M)(26.0M)
Capital Expenditures3.9M3.8M2.8M3.8M5.7M5.4M
Net Income57.8M52.5M61.5M75.2M58.6M43.6M
End Period Cash Flow456.8M1.1B1.2B650.6M578.0M513.1M
Change To Netincome3.3M7.0M(6.2M)3.4M3.1M2.9M
Investments(248.8M)(35.3M)(173.2M)(413.9M)(305.4M)(290.1M)
Net Borrowings(13.2M)66.1M29.9M(122.0M)(109.8M)(104.3M)

TrustCo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TrustCo Bank's current stock value. Our valuation model uses many indicators to compare TrustCo Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TrustCo Bank competition to find correlations between indicators driving TrustCo Bank's intrinsic value. More Info.
TrustCo Bank Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TrustCo Bank Corp is roughly  9.40 . At this time, TrustCo Bank's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value TrustCo Bank by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

TrustCo Bank Corp Systematic Risk

TrustCo Bank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TrustCo Bank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on TrustCo Bank Corp correlated with the market. If Beta is less than 0 TrustCo Bank generally moves in the opposite direction as compared to the market. If TrustCo Bank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TrustCo Bank Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TrustCo Bank is generally in the same direction as the market. If Beta > 1 TrustCo Bank moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in TrustCo Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TrustCo Bank's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of TrustCo Bank growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.44)

At this time, TrustCo Bank's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

TrustCo Bank November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of TrustCo Bank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TrustCo Bank Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of TrustCo Bank Corp based on widely used predictive technical indicators. In general, we focus on analyzing TrustCo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TrustCo Bank's daily price indicators and compare them against related drivers.

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.