Trustco Bank Corp Stock Net Income

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Corp fundamentals help investors to digest information that contributes to TrustCo Bank's financial success or failures. It also enables traders to predict the movement of TrustCo Stock. The fundamental analysis module provides a way to measure TrustCo Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TrustCo Bank stock.
Last ReportedProjected for Next Year
Net Income58.6 M43.6 M
Net Income Applicable To Common Shares86.5 M51.3 M
Net Income From Continuing Ops69.7 M55.9 M
Net Income Per Share 3.08  1.81 
Net Income Per E B T 0.76  0.54 
Net Income is likely to drop to about 43.6 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 51.3 M in 2024.
  
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TrustCo Bank Corp Company Net Income Analysis

TrustCo Bank's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current TrustCo Bank Net Income

    
  58.65 M  
Most of TrustCo Bank's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TrustCo Bank Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

TrustCo Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for TrustCo Bank is extremely important. It helps to project a fair market value of TrustCo Stock properly, considering its historical fundamentals such as Net Income. Since TrustCo Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TrustCo Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TrustCo Bank's interrelated accounts and indicators.

TrustCo Net Income Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of TrustCo Bank net income as a starting point in their analysis.
   TrustCo Bank Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

TrustCo Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(12.58 Million)

At this time, TrustCo Bank's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, TrustCo Bank Corp reported net income of 58.65 M. This is 95.41% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 89.73% higher than that of the company.

TrustCo Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TrustCo Bank's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TrustCo Bank could also be used in its relative valuation, which is a method of valuing TrustCo Bank by comparing valuation metrics of similar companies.
TrustCo Bank is currently under evaluation in net income category among its peers.

TrustCo Bank ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TrustCo Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TrustCo Bank's managers, analysts, and investors.
Environmental
Governance
Social

TrustCo Bank Institutional Holders

Institutional Holdings refers to the ownership stake in TrustCo Bank that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TrustCo Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TrustCo Bank's value.
Shares
Royce & Associates, Lp2024-09-30
260.3 K
Aqr Capital Management Llc2024-09-30
247.8 K
Northern Trust Corp2024-09-30
233.5 K
Bank Of New York Mellon Corp2024-09-30
223.1 K
Morgan Stanley - Brokerage Accounts2024-09-30
193.6 K
Arrowstreet Capital Limited Partnership2024-09-30
170.4 K
Charles Schwab Investment Management Inc2024-09-30
170.4 K
Brandywine Global Investment Mgmt Llc2024-09-30
121 K
Bridgeway Capital Management, Llc2024-09-30
118.3 K
Blackrock Inc2024-06-30
2.7 M
Vanguard Group Inc2024-09-30
1.3 M

TrustCo Fundamentals

About TrustCo Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TrustCo Bank Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TrustCo Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TrustCo Bank Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.