TrustCo Bank Corp NY

TRST · Nasdaq · Financials · Financials, fiscal 2016 to 2025

TRST · Last close · November 6, 2026

$57.30

TrustCo Bank Corp NY's revenue rose 9.4% to $188 million in fiscal 2025. Net income was $61 million, up 25.2%. Its return on equity was 9.0%, up from 7.4% a year earlier. Its efficiency ratio was 56.1%, down from 61.5% a year earlier. It paid out $66 million in dividends and buybacks. The diluted share count fell 1.3%.

TRUSTCO BANK CORP NY Latest fiscal year ended December 31, 2025 10-K filed March 16, 2026 · 0001140361-26-009576 Updated November 7, 2026

Revenue

$188M

9.4%

Net income

$61M

25.2%

Return on equity

9.0%

1.6 pts

Return on tangible equity

9.0%

1.6 pts

Efficiency ratio

56.1%

5.4 pts

Market cap

$968M

Nov 6 close

P/E

15.3x

On $3.75 EPS, 4 qtrs

Return on equity is net income as a share of shareholders' equity; return on tangible equity leaves out goodwill and other intangible assets. The efficiency ratio is operating costs as a share of revenue, so lower means the bank spends less to earn each dollar. Market cap is the last closing share price times the latest diluted share count, so it is approximate. P/E is the last close divided by diluted earnings per share over the last four quarters, or the latest fiscal year where the quarters aren't available; there is none when the company made a loss.

About these figures. Share counts and per-share figures for earlier years are restated for a stock split (1-for-5), so every year is on today's share basis.

Charts show fiscal years, from the 10-K filings.

Income statement

Revenue and net income

US$ billions, fiscal years; net losses in red. Revenue on the left axis, net income on the right; zero is the same line on both. Revenue is net of interest expense.

Revenue (left axis)Net income (right axis)

Efficiency ratio and net interest income

Percent of revenue. The efficiency ratio is noninterest expense over revenue.

Efficiency ratioNet interest income share

From fiscal 2016 to 2025, earnings per share grew 4.3% a year and net income 4.1% a year, as buybacks cut the share count by 2%.

Diluted earnings per share

US$ per share, fiscal years, restated for any stock splits; loss years in red.

Return on equity

Percent. Net income over average equity; tangible equity excludes goodwill, intangibles and preferred stock.

Return on equityReturn on tangible common equity

Balance sheet

Loans and deposits

US$ billions, at each fiscal year end

Loans, netDeposits

Total assets and shareholders' equity

US$ billions, at each fiscal year end. Assets on the left axis, equity on the right.

Total assets (left axis)Equity (right axis)

Five years at a glance

Fiscal year end	FY21	FY22	FY23	FY24	FY25
Loans, net	4,394	4,733	—	—	—
Deposits	5,268	5,193	5,351	5,391	5,557
Loans to deposits	83.4%	91.2%	—	—	—
Provision for credit losses	−6	−0	1	2	2
Provision to average loans	−0.1%	−0.0%	—	—	—
Total assets	6,196	6,000	6,168	6,239	6,441
Shareholders' equity	601	600	645	676	687

US$ millions unless stated, at each fiscal year end.

Cash flow

Stock-based compensation and buybacks

US$ billions, fiscal years. Shares paid to employees (stock-based compensation, a cost that uses no cash) against cash spent buying shares back. Buybacks that only match it leave the share count roughly where it was.

Stock-based compensationShare buybacks

Dividends and buybacks

US$ billions, cash paid in each fiscal year

DividendsShare buybacks

Diluted share count

Weighted-average diluted shares, millions

Projections

Project TrustCo Bank Corp NY's revenue, net income and earnings per share five years ahead in a bull, a base and a bear case with your own figures, and see the share prices your P/E estimates give them. Every projected figure is yours: it is not a forecast of ours.

Open TrustCo Bank Corp NY's projections

Insider trades

Over the 12 months between November 7, 2025 and November 6, 2026, 4 insiders bought $79,685 of TrustCo Bank Corp NY shares on the open market, and none sold any.

Buys and sells by month

US$ millions, open-market purchases (up) and sales (down) by officers, directors and 10% owners in each month.

BoughtSold

Date	Insider	Trade	Shares	Price	Value	Filing
Sep 2, 2026	Lauren Ann McCormickVP,Treasurer, Asst. Corp. Sec.	Bought	436	$57.34	$25,000	Form 4
Aug 12, 2026	Lauren Ann McCormickVP,Treasurer, Asst. Corp. Sec.	Bought	103	$56.51	$5,821	Form 4
Jun 4, 2026	Lisa M LucarelliDirector	Bought	200	$52.29	$10,458	Form 4
Apr 24, 2026	Frank B SilvermanDirector	Bought	105	$46.18	$4,849	Form 4
Mar 12, 2026	Kevin M CurleyExecutive Vice President & COO	Bought	588	$42.55	$25,019	Form 4
Nov 26, 2025	Lisa M LucarelliDirector	Bought	200	$42.69	$8,538	Form 4

Open-market purchases and sales by officers, directors and 10% owners, from their Form 4 filings with the SEC: one row per person, day and filing, at the day's average price. Grants, option exercises and shares withheld for tax aren't counted. Insiders buy and sell for many reasons, such as taxes, spreading their savings or a plan set up months earlier, so a trade on its own says little about where a company is heading. For information only, not investment advice. Insider trades at all companies

Compare

Put TrustCo Bank Corp NY side by side with any other company we cover: revenue, growth, margins, cash flow and returns, with ten years of charts.

Similar companies

Company	Year	Revenue growth	Net margin	Return on equity	Return on tangible equity	Efficiency ratio	Compare
TrustCo Bank Corp NY	FY25	9.4%	32.5%	9.0%	9.0%	56.1%
Southside Bancshares	FY25	−8.1%	29.2%	8.3%	11.0%	63.9%	Compare
Heritage Financial	FY25	13.5%	27.4%	7.6%	10.4%	67.3%	Compare
Westamerica Bank	FY25	−12.2%	45.0%	12.7%	14.7%	39.5%	Compare
Lakeland Financial	FY25	6.1%	38.4%	14.3%	14.4%	48.9%	Compare

Each company's latest fiscal year. Fiscal years end in different months, so the periods don't line up exactly.

10 years of figures

Fiscal year	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income statement
Revenue	165	173	179	174	171	178	199	190	172	188
Revenue growth	2.5%	4.7%	3.5%	−2.4%	−2.1%	4.5%	11.8%	−4.6%	−9.7%	9.4%
Net interest income	146	154	161	156	154	160	180	172	152	169
Noninterest income	19	18	18	19	17	18	19	18	20	19
Noninterest expense	94	94	98	98	96	102	100	111	106	106
Provision for credit losses	—	—	—	0	6	−6	−0	1	2	2
Net income	43	43	61	58	52	62	75	59	49	61
Diluted EPS (US$)	2.23	2.24	3.18	2.98	2.72	3.19	3.93	3.08	2.57	3.25
Diluted shares (millions)	19	19	19	19	19	19	19	19	19	19
Payouts
Dividends paid	25	25	26	26	26	26	27	27	27	28
Share buybacks	1	5	1	0	4	2	7	0	0	38
Balance sheet at fiscal year end
Loans, net	3,387	3,592	3,829	4,018	4,195	4,394	4,733	—	—	—
Deposits	4,196	4,173	4,274	4,450	5,037	5,268	5,193	5,351	5,391	5,557
Total assets	4,869	4,908	4,959	5,221	5,902	6,196	6,000	6,168	6,239	6,441
Shareholders' equity	433	458	490	538	568	601	600	645	676	687
Ratios
Return on equity	10.1%	9.7%	13.0%	11.2%	9.5%	10.5%	12.5%	9.4%	7.4%	9.0%
Return on tangible common equity	10.1%	9.7%	13.0%	11.2%	9.5%	10.5%	12.5%	9.4%	7.4%	9.0%
Return on assets	0.9%	0.9%	1.2%	1.1%	0.9%	1.0%	1.2%	1.0%	0.8%	1.0%
Efficiency ratio	56.8%	54.4%	54.7%	56.0%	56.0%	57.0%	50.3%	58.5%	61.5%	56.1%

US$ millions unless stated. Where a later 10-K restated a year, the latest filed figure is shown. Download all figures (CSV, US$ millions)

Source: TrustCo Bank Corp NY's Form 10-K filings, from SEC EDGAR. For information only, not investment advice. The Filing Desk is not affiliated with TrustCo Bank Corp NY.