TRST
TrustCo Bank Corp NY
NASDAQ: TRST · FINANCIAL SERVICES · BANKS - REGIONAL
$47.60
+1.64% today
Updated 2026-04-30
Market cap
$832.22M
P/E ratio
13.78
P/S ratio
4.38x
EPS (TTM)
$3.41
Dividend yield
3.25%
52W range
$29 – $48
Volume
0.1M
TrustCo Bank Corp NY (TRST) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $184.07M | $207.18M | $189.36M | $180.62M | $183.00M | $179.52M | $175.93M | $170.82M | $176.85M | $177.22M | $180.37M | $187.33M | $199.00M | $210.72M | $195.46M | $185.92M | $205.86M | $244.52M | $263.15M | $278.33M |
| Revenue growth (YoY) | — | +12.6% | -8.6% | -4.6% | +1.3% | -1.9% | -2.0% | -2.9% | +3.5% | +0.2% | +1.8% | +3.9% | +6.2% | +5.9% | -7.2% | -4.9% | +10.7% | +18.8% | +7.6% | +5.8% |
| Cost of revenue | $67.36M | $95.48M | $78.26M | $60.76M | $58.20M | $44.99M | $31.98M | $22.28M | $20.59M | $19.90M | $18.25M | $16.59M | $21.63M | $36.48M | $30.31M | $2.12M | $6.13M | $55.61M | $93.38M | $91.64M |
| Gross profit | $116.70M | $111.70M | $111.10M | $119.86M | $124.81M | $134.53M | $143.95M | $148.53M | $156.26M | $157.32M | $162.12M | $170.74M | $177.37M | $174.40M | $165.15M | $183.79M | $199.74M | $188.91M | $169.77M | $186.72M |
| Gross margin | 63.4% | 53.9% | 58.7% | 66.4% | 68.2% | 74.9% | 81.8% | 87.0% | 88.4% | 88.8% | 89.9% | 91.1% | 89.1% | 82.8% | 84.5% | 98.9% | 97.0% | 77.3% | 64.5% | 67.1% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $18.43M | $20.27M | $30.40M | $40.31M | $33.51M | $33.41M | $35.10M | $36.40M | $36.79M | $38.86M | $42.48M | $44.84M | $44.85M | $48.42M | $47.87M | $51.73M | $49.06M | $55.54M | $52.27M | $63.70M |
| Operating income | $67.64M | $58.10M | $50.31M | $43.28M | $43.91M | $52.38M | $59.98M | $63.53M | $71.59M | $66.76M | $68.29M | $76.75M | $79.65M | $76.51M | $69.45M | $82.13M | $99.42M | $77.61M | $64.05M | $81.21M |
| Operating margin | 36.7% | 28.0% | 26.6% | 24.0% | 24.0% | 29.2% | 34.1% | 37.2% | 40.5% | 37.7% | 37.9% | 41.0% | 40.0% | 36.3% | 35.5% | 44.2% | 48.3% | 31.7% | 24.3% | 29.2% |
| EBITDA | $70.31M | $61.22M | $54.09M | $47.78M | $48.64M | $57.22M | $65.01M | $68.55M | $76.36M | $71.31M | $72.33M | $80.56M | $83.76M | $86.50M | $79.58M | $92.72M | $109.97M | $88.40M | $75.48M | $89.75M |
| EBITDA margin | 38.2% | 29.5% | 28.6% | 26.5% | 26.6% | 31.9% | 37.0% | 40.1% | 43.2% | 40.2% | 40.1% | 43.0% | 42.1% | 41.0% | 40.7% | 49.9% | 53.4% | 36.2% | 28.7% | 32.2% |
| EBIT | $67.64M | $58.10M | $50.31M | $43.28M | $43.91M | $52.38M | $59.98M | $63.53M | $71.59M | $66.76M | $68.29M | $76.75M | $79.65M | $76.51M | $69.45M | $82.13M | $99.42M | $77.61M | $64.05M | $81.21M |
| Interest expense | $70.94M | $92.98M | $74.06M | $49.45M | $35.00M | $26.24M | $19.98M | $15.28M | $15.49M | $16.20M | $15.30M | $14.59M | $20.23M | $36.32M | $24.71M | $7.57M | $6.47M | $54.36M | $91.38M | $90.44M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $45.33M | $39.47M | $34.08M | $28.12M | $29.32M | $33.09M | $37.53M | $39.81M | $44.19M | $42.24M | $42.60M | $43.15M | $61.45M | $57.84M | $52.45M | $61.52M | $75.23M | $58.65M | $48.83M | $61.14M |
| Net income growth (YoY) | — | -12.9% | -13.7% | -17.5% | +4.3% | +12.8% | +13.4% | +6.1% | +11.0% | -4.4% | +0.9% | +1.3% | +42.4% | -5.9% | -9.3% | +17.3% | +22.3% | -22.0% | -16.7% | +25.2% |
| Profit margin | 24.6% | 19.0% | 18.0% | 15.6% | 16.0% | 18.4% | 21.3% | 23.3% | 25.0% | 23.8% | 23.6% | 23.0% | 30.9% | 27.4% | 26.8% | 33.1% | 36.5% | 24.0% | 18.6% | 22.0% |