See more : CIR S.p.A. – Compagnie Industriali Riunite (CIR.MI) 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.
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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 |
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TrustCo Bank: The Recent Pullback Is All About Interest Rates
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TrustCo Bank Corp NY (TRST) CEO Robert McCormick on Q2 2021 Results - Earnings Call Transcript
TrustCo Bank Corp NY (TRST) CEO Robert McCormick on Q2 2021 Results - Earnings Call Transcript
TrustCo Bank (TRST) Surpasses Q2 Earnings and Revenue Estimates
TrustCo (TRST) delivered earnings and revenue surprises of 8.70% and 2.59%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Trustco Bank: Q2 Earnings Insights
Shares of Trustco Bank (NASDAQ:TRST) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 539.32% year over year to $0.75, which beat the estimate of $0.69.
TrustCo is Pleased to Report Second Quarter 2021 Results; Net Income up 28% over the Prior Year Quarter and 5.3% Average Residential Loan Growth Year over Year
GLENVILLE, N.Y., July 21, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced second quarter 2021 net income of $14.4 million or $0.748 diluted earnings per share, compared to net income of $11.3 million or $0.584...
TrustCo to Release Second Quarter 2021 Results on July 21, 2021; Conference Call on July 22, 2021
GLENVILLE, N.Y., July 12, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2021 results after the market close on July 21, 2021. Results are released on the 21st of...
TrustCo announces annual meeting results and implementation of reverse stock split
GLENVILLE, N.Y., May 20, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced the results of its 2021 Annual Meeting of Shareholders. The Company announced that the following individuals were elected...
TrustCo continues more than 100-year history of success, announces quarterly dividend
GLENVILLE, N.Y., May 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today declared a quarterly cash dividend of $0.068125 per share, or $0.2725 per share on an annualized basis. The dividend...
TrustCo Bank (TRST) Surpasses Q1 Earnings and Revenue Estimates
TrustCo (TRST) delivered earnings and revenue surprises of 7.14% and 1.75%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
Category: Stock Reports