See more : Mobilicom Ltd (MOB) Income Statement Analysis – Financial Results
Complete financial analysis of TrustCo Bank Corp NY (TRST) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of TrustCo Bank Corp NY, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- Gladstone Commercial Corporation (GOODO) Income Statement Analysis – Financial Results
- China Environmental Technology Holdings Limited (0646.HK) Income Statement Analysis – Financial Results
- Oxbridge Re Holdings Limited (OXBRW) Income Statement Analysis – Financial Results
- Guizhou Zhenhua New Material Co., Ltd. (688707.SS) Income Statement Analysis – Financial Results
- Shanxi Coal International Energy Group Co.,Ltd (600546.SS) Income Statement Analysis – Financial Results
TrustCo Bank Corp NY (TRST)
About TrustCo Bank Corp NY
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 accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. As of December 31, 2021, it operated through 147 banking offices and 163 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 190.16M | 189.95M | 178.35M | 170.75M | 174.40M | 178.77M | 172.74M | 165.07M | 161.02M | 161.36M | 155.53M | 155.95M | 150.89M | 36.53M | 131.17M | 115.15M | 114.20M | 113.13M | 132.16M | 131.99M | 126.04M | 123.01M | 121.70M | 114.42M | 108.60M | 107.80M | 102.70M | 94.60M | 95.50M | 84.20M | 91.20M | 82.30M | 52.40M | 38.80M | 38.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 44.06M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -109.55M | 0.00 | -155.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 146.10M | 189.95M | 178.35M | 170.75M | 174.40M | 178.77M | 172.74M | 165.07M | 161.02M | 161.36M | 155.53M | 155.95M | 150.89M | 146.08M | 131.17M | 115.30M | 114.20M | 113.13M | 132.16M | 131.99M | 126.04M | 123.01M | 121.70M | 114.42M | 108.60M | 107.80M | 102.70M | 94.60M | 95.50M | 84.20M | 91.20M | 82.30M | 52.40M | 38.80M | 38.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 76.83% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 399.90% | 100.00% | 100.13% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 55.54M | 49.06M | 60.12M | 55.62M | 56.02M | 52.35M | 51.25M | 48.69M | 44.72M | 42.14M | 41.52M | 40.22M | 38.51M | 38.97M | 40.31M | 30.40M | 20.27M | 18.43M | 20.62M | 20.70M | 20.45M | 22.34M | 25.88M | 23.25M | 25.00M | 23.40M | 23.20M | 21.50M | 19.90M | 18.20M | 16.60M | 15.90M | 11.70M | 9.90M | 9.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 1.88M | 2.05M | 1.98M | 1.92M | 2.52M | 3.02M | 2.58M | 2.52M | 2.59M | 2.49M | 2.83M | 3.84M | 2.78M | 2.72M | 2.96M | 2.35M | 2.34M | 2.28M | 1.42M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 900.00K | 1.00M | 2.20M | 1.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 94.44M | 51.11M | 62.09M | 57.54M | 58.54M | 55.37M | 53.83M | 51.21M | 47.31M | 44.62M | 44.35M | 44.06M | 41.29M | 41.69M | 43.27M | 32.75M | 22.61M | 20.70M | 20.62M | 20.70M | 20.45M | 22.34M | 25.88M | 23.25M | 25.00M | 23.40M | 23.20M | 21.50M | 19.90M | 19.10M | 17.60M | 18.10M | 13.20M | 9.90M | 9.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -30.52M | -158.30M | -158.84M | -156.43M | -134.25M | -135.23M | -132.68M | -125.38M | -118.91M | -121.07M | -120.06M | -113.55M | -108.85M | -81.71M | -23.69M | 14.28M | 4.75M | -17.30M | -30.56M | -29.40M | -21.06M | -9.37M | 515.00K | -1.70M | 11.60M | 11.70M | 12.20M | 3.10M | -7.10M | -14.30M | 2.80M | 10.50M | 14.00M | 7.20M | 7.80M | 6.80M | 5.70M | 4.90M |
| Operating Expenses | 94.44M | 2.05M | -96.21M | -101.30M | -97.89M | -78.89M | -81.40M | -81.47M | -78.06M | -74.28M | -76.72M | -76.00M | -72.26M | -67.17M | -38.44M | 9.06M | 36.89M | 25.45M | 3.33M | -9.86M | -8.95M | 1.27M | 16.51M | 23.77M | 23.30M | 35.00M | 34.90M | 33.70M | 23.00M | 12.00M | 3.30M | 20.90M | 23.70M | 23.90M | 16.50M | 7.80M | 6.80M | 5.70M | 4.90M |
| Cost & Expenses | 94.44M | 2.05M | -96.21M | -101.30M | -97.89M | -78.89M | -81.40M | -81.47M | -78.06M | -74.28M | -76.72M | -76.00M | -72.26M | -109.55M | -38.44M | -155.00K | 36.89M | 25.45M | 3.33M | -9.86M | -8.95M | 1.27M | 16.51M | 23.77M | 23.30M | 35.00M | 34.90M | 33.70M | 23.00M | 12.00M | 3.30M | 20.90M | 23.70M | 23.90M | 16.50M | 7.80M | 6.80M | 5.70M | 4.90M |
| Interest Income | 226.21M | 186.60M | 167.98M | 178.29M | 192.13M | 180.91M | 168.96M | 161.36M | 159.35M | 156.94M | 151.05M | 154.96M | 160.75M | 39.61M | 161.36M | 170.92M | 189.42M | 169.21M | 150.17M | 138.79M | 137.13M | 153.74M | 168.66M | 173.70M | 167.20M | 174.10M | 172.00M | 166.60M | 161.60M | 140.30M | 133.70M | 143.30M | 100.90M | 81.50M | 73.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 54.36M | 6.47M | 7.57M | 24.71M | 36.32M | 20.23M | 14.59M | 15.30M | 16.20M | 15.49M | 15.28M | 19.98M | 26.24M | 7.68M | 49.45M | 74.06M | 92.98M | 70.94M | 45.66M | 38.76M | 40.74M | 58.02M | 72.76M | 75.65M | 74.00M | 88.40M | 86.50M | 82.30M | 80.20M | 60.70M | 61.70M | 76.40M | 58.30M | 48.40M | 41.70M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 10.79M | 10.55M | 10.58M | 10.14M | 9.99M | 4.11M | 3.82M | 4.04M | 4.55M | 4.78M | 5.02M | 5.03M | 4.84M | 4.73M | 4.50M | 3.78M | 3.12M | 2.67M | 2.69M | 1.90M | 2.49M | 2.17M | 2.72M | 2.74M | 2.20M | 2.50M | 3.30M | 3.00M | 3.60M | 2.70M | 2.40M | 2.20M | 1.20M | 900.00K | 900.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 88.40M | 109.97M | 92.72M | 79.58M | 86.50M | 83.76M | 80.56M | 72.33M | 71.31M | 76.37M | 68.55M | 65.01M | 57.22M | 48.64M | 47.78M | 54.09M | 61.22M | 70.31M | 92.53M | 85.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.80M | 6.80M | 5.70M | 4.90M |
| EBITDA Ratio | 46.49% | 55.74% | 52.00% | 46.63% | 49.57% | 58.17% | 55.09% | 53.09% | 54.35% | 56.92% | 53.90% | 54.49% | 55.32% | 228.98% | 74.13% | 111.28% | 135.03% | 124.86% | 104.55% | 93.97% | 94.88% | 102.80% | 115.80% | 123.17% | 123.48% | 134.79% | 137.20% | 138.79% | 127.85% | 117.46% | 106.25% | 128.07% | 147.52% | 163.92% | 145.79% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 94.47M | 95.33M | 82.13M | 69.45M | 76.51M | 99.88M | 91.34M | 83.59M | 82.96M | 87.08M | 78.81M | 79.95M | 78.63M | 78.91M | 92.73M | 124.37M | 151.09M | 138.58M | 135.49M | 122.14M | 117.09M | 124.29M | 138.21M | 138.19M | 131.90M | 142.80M | 137.60M | 128.30M | 118.50M | 96.20M | 94.50M | 103.20M | 76.10M | 62.70M | 54.50M | 7.80M | 6.80M | 5.70M | 4.90M |
| Operating Income Ratio | 49.68% | 50.19% | 46.05% | 40.67% | 43.87% | 55.87% | 52.88% | 50.64% | 51.52% | 53.96% | 50.67% | 51.27% | 52.11% | 216.03% | 70.70% | 108.00% | 132.30% | 122.50% | 102.52% | 92.53% | 92.90% | 101.04% | 113.57% | 120.77% | 121.45% | 132.47% | 133.98% | 135.62% | 124.08% | 114.25% | 103.62% | 125.39% | 145.23% | 161.60% | 143.42% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -16.86M | -13.57M | -12.12M | -10.61M | -11.07M | -14.25M | -14.79M | -17.99M | -19.04M | -14.68M | -16.50M | -7.04M | -4.84M | -4.73M | -4.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -40.74M | -58.02M | -72.76M | -75.65M | -74.00M | -88.40M | -86.50M | -82.30M | -80.20M | -60.70M | -58.40M | -76.40M | -58.30M | -48.40M | -41.70M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 77.61M | 99.42M | 82.13M | 69.45M | 76.51M | 79.65M | 76.75M | 68.29M | 66.76M | 71.59M | 63.53M | 59.98M | 52.39M | 10.37M | 43.28M | 50.31M | 58.10M | 67.64M | 89.83M | 83.38M | 76.35M | 66.27M | 65.45M | 62.54M | 57.90M | 54.40M | 51.10M | 46.00M | 38.30M | 35.50M | 36.10M | 26.80M | 17.80M | 14.30M | 12.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 40.81% | 52.34% | 46.05% | 40.67% | 43.87% | 44.56% | 44.43% | 41.37% | 41.46% | 44.37% | 40.85% | 38.46% | 34.72% | 28.39% | 33.00% | 43.69% | 50.88% | 59.79% | 67.97% | 63.17% | 60.58% | 53.87% | 53.78% | 54.66% | 53.31% | 50.46% | 49.76% | 48.63% | 40.10% | 42.16% | 39.58% | 32.56% | 33.97% | 36.86% | 33.68% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 18.97M | 24.18M | 20.61M | 16.99M | 18.67M | 18.21M | 33.60M | 25.69M | 24.52M | 27.40M | 23.72M | 22.44M | 19.30M | 3.47M | 15.16M | 16.23M | 18.64M | 22.31M | 30.85M | 26.84M | 23.32M | 17.02M | 19.94M | 20.84M | 19.70M | 19.40M | 18.90M | 17.30M | 12.80M | 12.60M | 12.50M | 9.30M | 4.90M | 3.70M | 3.40M | -7.80M | -6.80M | -5.70M | -4.90M |
| Net Income | 58.65M | 75.23M | 61.52M | 52.45M | 57.84M | 61.45M | 43.15M | 42.60M | 42.24M | 44.19M | 39.81M | 37.53M | 33.09M | 6.90M | 28.12M | 34.08M | 39.47M | 45.33M | 58.99M | 56.54M | 53.03M | 49.24M | 45.51M | 41.70M | 38.20M | 35.00M | 32.20M | 28.70M | 25.50M | 22.90M | 20.30M | 17.50M | 12.90M | 10.60M | 9.40M | 7.80M | 6.80M | 5.70M | 4.90M |
| Net Income Ratio | 30.84% | 39.61% | 34.49% | 30.72% | 33.17% | 34.37% | 24.98% | 25.81% | 26.23% | 27.39% | 25.60% | 24.07% | 21.93% | 18.90% | 21.44% | 29.59% | 34.56% | 40.07% | 44.63% | 42.84% | 42.07% | 40.03% | 37.40% | 36.45% | 35.17% | 32.47% | 31.35% | 30.34% | 26.70% | 27.20% | 22.26% | 21.26% | 24.62% | 27.32% | 24.74% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 3.08 | 3.93 | 3.19 | 2.72 | 2.99 | 3.18 | 2.25 | 2.23 | 2.22 | 2.34 | 2.11 | 2.00 | 1.95 | 0.45 | 1.84 | 2.25 | 2.63 | 3.03 | 3.94 | 3.81 | 3.57 | 3.39 | 3.20 | 2.95 | 2.69 | 2.46 | 3.00 | 2.70 | 1.76 | 1.45 | 1.48 | 1.25 | 1.21 | 1.10 | 0.98 | 0.83 | 0.72 | 0.61 | 0.53 |
| EPS Diluted | 3.08 | 3.93 | 3.19 | 2.72 | 2.98 | 3.18 | 2.24 | 2.23 | 2.22 | 2.33 | 2.11 | 2.00 | 1.95 | 0.45 | 1.84 | 2.25 | 2.63 | 3.02 | 3.91 | 3.77 | 3.52 | 3.30 | 3.10 | 2.86 | 2.58 | 2.38 | 2.90 | 2.60 | 1.76 | 1.45 | 1.44 | 1.25 | 1.21 | 1.10 | 0.98 | 0.83 | 0.72 | 0.61 | 0.53 |
| Weighted Avg Shares Out | 19.02M | 19.13M | 19.26M | 19.30M | 19.37M | 19.30M | 19.22M | 19.11M | 19.02M | 18.93M | 18.83M | 18.73M | 17.01M | 15.39M | 15.30M | 15.15M | 15.04M | 14.98M | 14.99M | 14.86M | 14.88M | 14.53M | 14.22M | 14.15M | 14.22M | 14.24M | 10.73M | 10.63M | 14.45M | 15.79M | 13.75M | 14.01M | 10.65M | 9.66M | 9.55M | 9.37M | 9.46M | 9.41M | 9.25M |
| Weighted Avg Shares Out (Dil) | 19.03M | 19.13M | 19.26M | 19.30M | 19.39M | 19.33M | 19.24M | 19.13M | 19.04M | 18.95M | 18.84M | 18.73M | 17.01M | 15.39M | 15.30M | 15.16M | 15.04M | 15.03M | 15.09M | 15.02M | 15.07M | 14.92M | 14.68M | 14.60M | 14.79M | 14.69M | 11.10M | 11.04M | 14.46M | 15.79M | 14.12M | 14.01M | 10.65M | 9.66M | 9.55M | 9.37M | 9.46M | 9.41M | 9.25M |
TrustCo to Release First Quarter 2022 Results on April 21, 2022; Conference Call on April 22, 2022
GLENVILLE, N.Y., April 12, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2022 results after the market close on April 21, 2022. Results are released on the 21st of...
TrustCo Bank Corp NY's (TRST) CEO Robert McCormick on Q4 2021 Results - Earnings Call Transcript
TrustCo Bank Corp NY's (TRST) CEO Robert McCormick on Q4 2021 Results - Earnings Call Transcript
TrustCo Bank (TRST) Surpasses Q4 Earnings and Revenue Estimates
TrustCo (TRST) delivered earnings and revenue surprises of 14.86% and 1.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
TrustCo Bank (TRST) Reports Next Week: Wall Street Expects Earnings Growth
TrustCo (TRST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TrustCo to Release Fourth Quarter 2021 Results on January 24, 2022; Conference Call on January 25, 2022
GLENVILLE, N.Y., Jan. 10, 2022 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2021 results after the market close on January 24, 2022. Results are released on the 21st of...
TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure
TrustCo Bank runs a rather safe balance sheet with the loan book focusing on residential real estate. The total amount of loans past due remains stable and decreased as a percentage of the total loan book.
TrustCo Bank: Tremendously Positioned For Rate Hikes
A well-run regional bank with a 4% plus dividend yield. Like other regional banks, interest rate increases will feed the bottom line.
TrustCo Bank Corp (TRST) CEO, Robert McCormick on Q3 2021 Results - Earnings Call Transcript
TrustCo Bank Corp (TRST) CEO, Robert McCormick on Q3 2021 Results - Earnings Call Transcript
TrustCo to Release Third Quarter 2021 Results on October 21, 2021; Conference Call on October 22, 2021
GLENVILLE, N.Y., Oct. 12, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2021 results after the market close on October 21, 2021. Results are released on the 21st of...
TrustCo Announces the Addition of Curtis N. Powell to the Board of Directors
GLENVILLE, N.Y., Sept. 23, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (the “Company”) (Nasdaq: TRST) announces that on September 21, 2021 Curtis N. Powell was elected to the Board of Directors of the Company and its subsidiary, Trustco Bank.
Source: https://incomestatements.info
Category: Stock Reports