TrustCo Bank Corp NY (NASDAQ:TRST) Scheduled to Post Quarterly Earnings on Wednesday
TrustCo Bank Corp NY (NASDAQ:TRST) is scheduled to post its quarterly earnings results after the market closes on Wednesday, July 19th. Analysts expect TrustCo Bank Corp NY to post earnings of $0.11 per share for the quarter.
TrustCo Bank Corp NY (NASDAQ:TRST) last issued its earnings results on Friday, April 21st. The bank reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $42.13 million during the quarter. TrustCo Bank Corp NY had a net margin of 23.76% and a return on equity of 9.93%. During the same quarter in the previous year, the firm posted $0.11 earnings per share. On average, analysts expect TrustCo Bank Corp NY to post $0.45 EPS for the current fiscal year and $0.56 EPS for the next fiscal year.
TrustCo Bank Corp NY (TRST) opened at 7.70 on Tuesday. The firm has a market capitalization of $739.18 million, a PE ratio of 17.11 and a beta of 1.16. The stock has a 50 day moving average of $7.66 and a 200 day moving average of $8.08. TrustCo Bank Corp NY has a 12 month low of $6.50 and a 12 month high of $9.00.
The company also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Friday, June 2nd were issued a $0.0656 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend was Wednesday, May 31st. TrustCo Bank Corp NY’s payout ratio is 59.09%.
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TrustCo Bank Corp NY Company Profile
TrustCo Bank Corp NY is a savings and loan holding company. The Company’s principal subsidiary is Trustco Bank (the Bank). The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations. It operates through community banking segment. The Bank’s business consists of accepting deposits and making loans and investments.
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