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TrustCo Bank (TRST) AI Stock Analysis
TrustCo Bank
(NASDAQ:TRST)
The overall score of 69 reflects a company with strong fundamentals and positive business momentum, weighed down by weak near-term technicals. The most significant positive factors are the robust financial health, evidenced by strong cash flows and a solid balance sheet, and the overwhelmingly positive earnings call, which confirmed growth across key metrics and a confident outlook. The attractive valuation and high dividend yield provide additional support. The primary headwind is the bearish technical picture, with the stock trading below key moving averages and showing negative momentum, suggesting the market has not yet priced in the company's positive developments.
TrustCo Bank (TRST) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $957.98M
- Dividend Yield
- 2.66%
- Average Volume (3M)
- 129.42K
- Price to Earnings (P/E)
- 15.3
- Beta (1Y)
- 0.65
- Revenue Growth
- 5.93%
- EPS Growth
- 25.67%
- Country
- US
- Employees
- 740
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Banks - Regional
TrustCo Bank Business Overview & Revenue Model
Company Description
TrustCo Bank Corp NY functions as the parent entity for Trustco Bank, a federally regulated savings institution. This subsidiary delivers a comprehensive suite of banking solutions, addressing the financial needs of private individuals, partnerships,...
How the Company Makes Money
TrustCo Bank primarily earns money through traditional banking activities. Its main revenue stream is net interest income: the spread between interest earned on interest-earning assets (primarily loans, and to the extent applicable, investment securi...
TrustCo Bank Earnings Call Summary
The call was strongly positive overall. Management highlighted year-over-year growth in net income, net interest income, loans, deposits, book value per share, and net interest margin, along with stable underlying credit performance, recurring wealth-management income, shareholder distributions, and ongoing customer and lending initiatives. The main challenges were a lower equity-to-asset ratio, higher nonperforming loans and assets compared with the prior year, increased provision expense, and some loan-volume effects from higher interest rates; however, management attributed the provision increase primarily to loan growth and economic forecasts and maintained a confident outlook.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management said it is “optimistic about the company's ability to maintain positive momentum into 2027.” TrustCo will continue to guide the anticipated level of expense not to exceed $200,000 per quarter, and it would expect 2026 total recurring noninterest expense net of ORE expense to be in the range of $27.8 million to $28.2 million per quarter.
TrustCo Bank Financial Statement Overview
Summary
Financial performance is solid, driven by a strong balance sheet (Score: 82) and robust cash flow generation (Score: 85). The low debt-to-equity ratio of 0.22 and high free cash flow conversion of 92% indicate financial stability and efficient operations. These strengths are partially offset by income statement pressures (Score: 65), including a 14.3% TTM revenue decline and compressed operating margins.
Income Statement
65PositiveBalance Sheet
82Very PositiveCash Flow
85Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 241.45M | 278.33M | 263.15M | 244.52M | 205.86M | 185.92M |
| Gross Profit | 150.99M | 186.72M | 169.77M | 188.91M | 199.74M | 183.79M |
| EBITDA | 54.38M | 92.67M | 75.48M | 88.40M | 109.97M | 92.73M |
| Net Income | 65.07M | 61.14M | 48.83M | 58.65M | 75.23M | 61.52M |
Balance Sheet | ||||||
| Total Assets | 6.53B | 6.44B | 6.24B | 6.17B | 6.00B | 6.20B |
| Cash, Cash Equivalents and Short-Term Investments | 44.50M | 293.47M | 344.52M | 501.56M | 524.94M | 456.07M |
| Total Debt | 144.74M | 156.44M | 124.94M | 133.46M | 294.38M | 297.41M |
| Total Liabilities | 5.87B | 5.75B | 5.56B | 5.52B | 5.40B | 5.60B |
| Stockholders Equity | 656.01M | 686.59M | 676.34M | 645.28M | 599.99M | 601.13M |
Cash Flow | ||||||
| Free Cash Flow | 63.88M | 45.74M | 54.56M | 58.46M | 74.84M | 52.52M |
| Operating Cash Flow | 69.08M | 57.60M | 59.44M | 64.13M | 78.63M | 55.37M |
| Investing Cash Flow | -194.32M | -104.67M | -3.75M | -233.59M | -416.63M | -175.26M |
| Financing Cash Flow | 108.29M | 135.69M | 8.12M | 96.87M | -230.87M | 232.26M |
TrustCo Bank Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRST, the sentiment is Positive. The current price of 58.10 is above the 20-day moving average (MA) of 55.01, above the 50-day MA of 55.98, and above the 200-day MA of 50.44, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 55.54 is Neutral, neither overbought nor oversold. The STOCH value of 76.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TRST.
TrustCo Bank Risk Analysis
TrustCo Bank disclosed 42 risk factors in its most recent earnings report. TrustCo Bank reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskTrustCo Bank Peers Comparison
Overall Rating
FSBC81Outperform
CCNE80Outperform
ORRF75Outperform
MPB73Outperform
CAC71Outperform- TRST69Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| FSBC | 81Outperform | $1.10B | 12.80 | 15.55% | 2.21% | 18.44% | 31.35% |
| CCNE | 80Outperform | $1.05B | 9.57 | 13.07% | 2.05% | 26.23% | ― |
| ORRF | 75Outperform | $863.93M | 9.63 | 14.42% | 2.65% | 1.02% | 18.66% |
| MPB | 73Outperform | $860.38M | 11.47 | 8.15% | 2.75% | 18.49% | 19.19% |
| CAC | 71Outperform | $968.93M | 11.04 | 12.66% | 2.85% | 6.01% | 51.65% |
| TRST | 69Neutral | $929.87M | 15.33 | 10.00% | 2.66% | 5.93% | 25.67% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TRST | TrustCo Bank Corp NY | 57.81 | 20.67 | 55.67% | |
| CAC | Camden National | 58.93 | 21.92 | 59.24% | |
| CCNE | Cnb Financial | 36.56 | 12.71 | 53.28% | |
| MPB | Mid Penn | 34.52 | 6.71 | 24.12% | |
| ORRF | Orrstown Financial Services | 45.27 | 12.85 | 39.63% | |
| FSBC | Five Star Bancorp | 45.33 | 11.44 | 33.76% |
TrustCo Bank Corporate Events
TrustCo Bank schedules release of Q3 2026 results
NeutralOn October 13, 2026, TrustCo Bank Corp NY announced it will release its third quarter 2026 financial results on October 21, 2026. The bank also scheduled a conference call for October 22, 2026 to discuss the results, signaling continued communication...
TrustCo Bank adds independent directors, enhances board oversight
PositiveOn September 15, 2026, TrustCo Bank Corp NY’s board of directors unanimously voted to expand its size from nine to eleven members and elected Patricia Kieper-Fusco and Bryan L. Guentner to fill the new seats, with corresponding changes made at...
TrustCo Bank Announces Increased Quarterly Cash Dividend
PositiveOn August 18, 2026, TrustCo Bank Corp NY announced that its Board of Directors had approved an increase in the quarterly cash dividend to $0.40 per share, equivalent to $1.60 per share on an annualized basis, representing a 5.3% rise over the prior p...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 22, 2026