TrustCo Bank Ownership
| TRST Stock | USD 37.24 0.32 0.85% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 19 M | Current Value 19 M | Avarage Shares Outstanding 15.3 M | Quarterly Volatility 3.3 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
TrustCo |
TrustCo Stock Ownership Analysis
About 75.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TrustCo Bank Corp last dividend was issued on the 6th of September 2024. The entity had 1:5 split on the 28th of May 2021. 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. To find out more about TrustCo Bank Corp contact Robert McCormick at 518 377 3311 or learn more at https://www.trustcobank.com.Besides selling stocks to institutional investors, TrustCo Bank also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different TrustCo Bank's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align TrustCo Bank's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
TrustCo Bank Quarterly Liabilities And Stockholders Equity |
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TrustCo Bank Insider Trades History
Roughly 3.0% of TrustCo Bank Corp are currently held by insiders. Unlike TrustCo Bank's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against TrustCo Bank's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of TrustCo Bank's insider trades
TrustCo Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TrustCo Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TrustCo Bank Corp backward and forwards among themselves. TrustCo Bank's institutional investor refers to the entity that pools money to purchase TrustCo Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2024-06-30 | 298.5 K | Royce & Associates, Lp | 2024-09-30 | 260.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 243.2 K | Northern Trust Corp | 2024-09-30 | 233.5 K | Verition Fund Managegment, Llc | 2024-06-30 | 214.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 170.4 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 146.1 K | Brandywine Global Investment Mgmt Llc | 2024-09-30 | 121 K | Bridgeway Capital Management, Llc | 2024-09-30 | 118.3 K | Blackrock Inc | 2024-06-30 | 2.7 M | Vanguard Group Inc | 2024-09-30 | 1.3 M |
TrustCo Bank Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TrustCo Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on TrustCo Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TrustCo Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
TrustCo Bank Outstanding Bonds
TrustCo Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TrustCo Bank Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TrustCo bonds can be classified according to their maturity, which is the date when TrustCo Bank Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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TrustCo Bank Corporate Filings
F4 | 25th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of November 2024 Other Reports | ViewVerify | |
8K | 21st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 9th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
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