TrustCo Bank Corp NY is a $5.7 billion savings and loan holding company. Through its subsidiary, Trustco Bank, Trustco operates 148 offices in New York, New Jersey, Vermont, Massachusetts and Florida. Trustco has a more than 100-year tradition of providing high-quality services, including a wide variety of deposit and loan products. In addition, Trustco Bank’s Financial Services Department offers a full range of investment services, retirement planning and trust and estate administration services. Trustco Bank is rated as one of the best performing savings banks in the country.

Company profile
Ticker
TRST
Exchange
Website
CEO
Robert Joseph McCormick
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
141630287
TRST stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
17 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Other Events
22 Feb 23
8-K
Results of Operations and Financial Condition
23 Jan 23
8-K
Other Events
10 Jan 23
8-K
Departure of Directors or Certain Officers
16 Nov 22
8-K
Other Events
15 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Results of Operations and Financial Condition
24 Oct 22
8-K
Departure of Directors or Certain Officers
18 Oct 22
Transcripts
TRST
Earnings call transcript
2022 Q4
24 Jan 23
TRST
Earnings call transcript
2022 Q3
25 Oct 22
TRST
Earnings call transcript
2022 Q2
22 Jul 22
TRST
Earnings call transcript
2022 Q1
22 Apr 22
TRST
Earnings call transcript
2021 Q4
25 Jan 22
TRST
Earnings call transcript
2021 Q3
22 Oct 21
TRST
Earnings call transcript
2021 Q2
22 Jul 21
TRST
Earnings call transcript
2021 Q1
22 Apr 21
TRST
Earnings call transcript
2020 Q4
22 Jan 21
TRST
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
4
ROBERT J MCCORMICK
23 Mar 23
4
KEVIN M CURLEY
16 Mar 23
4
MICHAEL M OZIMEK
15 Mar 23
4
KEVIN M CURLEY
14 Mar 23
4
LISA M LUCARELLI
14 Mar 23
4
MICHAEL M OZIMEK
13 Mar 23
4
ROBERT M LEONARD
10 Mar 23
4
Curtis N Powell
2 Mar 23
13F-HR
Quarterly holdings report by institutional manager
14 Feb 23
SC 13G
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 650.60 mm | 650.60 mm | 650.60 mm | 650.60 mm | 650.60 mm | 650.60 mm |
Cash burn (monthly) | 63.56 mm | 47.41 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 180.58 mm | 134.69 mm | n/a | n/a | n/a | n/a |
Cash remaining | 470.02 mm | 515.90 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 7.4 | 10.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
15.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 145 |
Opened positions | 24 |
Closed positions | 15 |
Increased positions | 45 |
Reduced positions | 52 |
13F shares | Current |
---|---|
Total value | 418.32 bn |
Total shares | 12.56 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.72 mm | $102.34 bn |
Vanguard | 1.30 mm | $49.04 bn |
Dimensional Fund Advisors | 1.07 mm | $40.14 mm |
Systematic Financial Management | 798.27 k | $30.01 bn |
STT State Street | 711.10 k | $27.00 bn |
BEN Franklin Resources | 526.41 k | $19.79 bn |
GS Goldman Sachs | 470.09 k | $17.67 bn |
IVZ Invesco | 371.50 k | $13.96 bn |
Geode Capital Management | 363.84 k | $13.68 bn |
NTRS Northern Trust | 260.93 k | $9.81 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 23 | Mccormick Robert J | RSU COMMON STOCK | Grant | Acquire A | No | No | 0 | 1,577 | 0.00 | 9,201 |
15 Mar 23 | Curley Kevin M | COMMON STOCK | Buy | Acquire P | No | No | 32.51 | 307.597 | 10.00 k | 31,393 |
14 Mar 23 | Michael M Ozimek | COMMON STOCK | Buy | Acquire P | No | No | 33.11 | 1,750 | 57.94 k | 15,427 |
13 Mar 23 | Curley Kevin M | COMMON STOCK | Buy | Acquire P | No | No | 32.89 | 304.043 | 10.00 k | 31,086 |
10 Mar 23 | Lucarelli Lisa M | COMMON STOCK | Buy | Acquire P | No | No | 34.31 | 300 | 10.29 k | 2,542 |
10 Mar 23 | Lucarelli Lisa M | COMMON STOCK | Buy | Acquire P | No | No | 34.5 | 150 | 5.18 k | 2,242 |
10 Mar 23 | Curley Kevin M | COMMON STOCK | Buy | Acquire P | No | No | 34.15 | 292.825 | 10.00 k | 30,781 |
10 Mar 23 | Curley Kevin M | COMMON STOCK | Buy | Acquire P | No | No | 34.19 | 438.724 | 15.00 k | 30,489 |
News
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14 Mar 23
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27 Jan 23
11 Financials Stocks Moving In Wednesday's Intraday Session
25 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 25, 2023
25 Jan 23
Piper Sandler Downgrades Trustco Bank to Underweight, Lowers Price Target to $36
25 Jan 23
Press releases
Inc. 5000's Top Gold Company Is Helping Clients Diversify Into Gold And Silver IRAs, And Hedge Against A Possible Recession
21 Mar 23
TrustCo Bank Corp NY Announces Stock Repurchase Plan
17 Mar 23
TrustCo Caps Off 120th Anniversary Year, Reports Record Performance; Net Income of $75.2 Million up 22.3% over the prior year
23 Jan 23
TrustCo to Release Fourth Quarter 2022 Results on January 23, 2023; Conference Call on January 24, 2023
10 Jan 23