TrustCo Bank Corp NY
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- Market Cap.:
- $521.27 million
- Book Value:
- Revenue TTM:
- $206.27 million
- Operating Margin TTM:
- Gross Profit TTM:
- $199.74 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
TrustCo Bank Corp NY had its IPO on 1990-03-26 under the ticker symbol TRST.
The company operates in the Financial Services sector and Banks-Regional industry. TrustCo Bank Corp NY has a staff strength of 791 employees.
Shares of TrustCo Bank Corp NY opened at $27.39 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $27.29 - $27.53, and closed at $27.35.
This is a -0.18% slip from the previous day's closing price.
A total volume of 46,711 shares were traded at the close of the day’s session.
In the last one week, shares of TrustCo Bank Corp NY have slipped by -5.66%.
TrustCo Bank Corp NY's Key Ratios
TrustCo Bank Corp NY has a market cap of $521.27 million, indicating a price to book ratio of 1.2198 and a price to sales ratio of 3.6826.
In the last 12-months TrustCo Bank Corp NY’s revenue was $206.27 million with a gross profit of $199.74 million and an EBITDA of $0. The EBITDA ratio measures TrustCo Bank Corp NY's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, TrustCo Bank Corp NY’s operating margin was 49.93% while its return on assets stood at 1.21% with a return of equity of 12.24%.
In Q2, TrustCo Bank Corp NY’s quarterly earnings growth was a negative -7.5% while revenue growth was a positive 1.4%.
TrustCo Bank Corp NY’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $3.9 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 3.73. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into TrustCo Bank Corp NY’s profitability.
TrustCo Bank Corp NY stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.6826.
TrustCo Bank Corp NY stock pays annual dividends of $1.43 per share, indicating a yield of 5.2% and a payout ratio of 36.92%.
Balance sheet and cash flow metrics
- Total Assets
- $6.08 billion
- Total Liabilities
- $113.77 million
- Operating Cash Flow
- Capital Expenditure
- $1.06 million
- Dividend Payout Ratio
TrustCo Bank Corp NY ended 2023 with $6.08 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.08 billion while shareholder equity stood at $621.39 million.
TrustCo Bank Corp NY ended 2023 with $0 in deferred long-term liabilities, $113.77 million in other current liabilities, 20058000.00 in common stock, $414.25 million in retained earnings and $0 in goodwill. Its cash balance stood at $55.66 million and cash and short-term investments were $508.37 million. The company’s total short-term debt was $113,765,000 while long-term debt stood at $0.
TrustCo Bank Corp NY’s total current assets stands at $508.37 million while long-term investments were $459.75 million and short-term investments were $452.70 million. Its net receivables were $4.84 billion compared to accounts payable of $34.85 million and inventory worth $0.
In 2023, TrustCo Bank Corp NY's operating cash flow was $-67951000.00 while its capital expenditure stood at $1.06 million.
Comparatively, TrustCo Bank Corp NY paid $0.37 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
TrustCo Bank Corp NY stock is currently trading at $27.35 per share. It touched a 52-week high of $37.6339 and a 52-week low of $37.6339. Analysts tracking the stock have a 12-month average target price of $26.
Its 50-day moving average was $28.96 and 200-day moving average was $31.67 The short ratio stood at 4.2 indicating a short percent outstanding of 0%.
Around 306% of the company’s stock are held by insiders while 7105.6% are held by institutions.
Frequently Asked Questions About TrustCo Bank Corp NY
Similar Industry Stocks (Banks-Regional)
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. The company was founded in 1902 and is headquartered in Glenville, New York.