Michael Ozimek - TrustCo Bank CFO

TRST Stock  USD 37.24  0.32  0.85%   

CFO

Mr. Michael M. Ozimek is Chief Financial Officer, Senior Vice President of TrustCo Bank CorporationrationN Y and TrustCo Bank, a subsidiary of the Company. He Administrative Vice President of TrustCo and Trustco Bank from June 2010 to December 2014. Vice President of Trustco Bank from 2004 to June 2010. since 2014.
Age 50
Tenure 10 years
Address 5 Sarnowski Drive, Glenville, NY, United States, 12302
Phone518 377 3311
Webhttps://www.trustcobank.com
Ozimek has served as Administrative Vice President, Accounting/Finance, of TrustCo and Trustco Bank since June 30, 2010 and prior to then had been Vice President, Finance, since 2004. Before joining TrustCo, Mr. Ozimek had been with the audit, tax and advisory firm of KPMG LLP. The Compensation Committee of TrustCo’s Board of Directors determined that Mr. Ozimek’s base salary for 2015 will be $225, 000 and has approved his participation for 2015 in the Company’s Executive Officer Incentive Plan.

TrustCo Bank Management Efficiency

At this time, TrustCo Bank's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, TrustCo Bank's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 7.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 35.1 M in 2024. TrustCo Bank's management efficiency ratios could be used to measure how well TrustCo Bank manages its routine affairs as well as how well it operates its assets and liabilities.
TrustCo Bank Corp currently holds 44.47 M in liabilities with Debt to Equity (D/E) ratio of 10.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about TrustCo Bank's use of debt, we should always consider it together with its cash and equity.

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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. TrustCo Bank Corp (TRST) is traded on NASDAQ Exchange in USA. It is located in 5 Sarnowski Drive, Glenville, NY, United States, 12302 and employs 735 people. TrustCo Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

TrustCo Bank Corp Leadership Team

Elected by the shareholders, the TrustCo Bank's board of directors comprises two types of representatives: TrustCo Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TrustCo. The board's role is to monitor TrustCo Bank's management team and ensure that shareholders' interests are well served. TrustCo Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TrustCo Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
John George, Senior Officer
Eric Schreck, Sr. VP, Treasurer, Florida Regional President of Bank Admin. - Trustco Bank and Sr. VP of Bank Admin. - Trustco Bank
Robert McCormick, CEO and President Director, CEO of Trustco Bank and President of Trustco Bank and Director of Trustco Bank
Robert Leonard, Executive VP, Secretary, Executive VP of Trustco Bank and Secretary of Trustco Bank
Michelle Simmonds, Senior Officer
Kevin Curley, Senior Vice President
Scot Salvador, Executive Vice President Chief Banking Officer of TrustCo and Trustco Bank
Michael Esq, General Secretary
Michael Ewell, Senior Officer
Carly Batista, Senior COO
Michael Ozimek, CFO, Sr. VP, CFO of TrustCo Bank and Sr. VP of TrustCo Bank

TrustCo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TrustCo Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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