TrustCo Bank Corp NY (TRST) Set to Announce Quarterly Earnings on Monday

TrustCo Bank Corp NY (NASDAQ:TRST) is scheduled to issue its quarterly earnings data after the market closes on Monday, October 21st. Investors that are interested in registering for the company’s conference call can do so using this link.

TrustCo Bank Corp NY (NASDAQ:TRST) last released its quarterly earnings data on Monday, July 22nd. The bank reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.13. The company had revenue of $66.24 million during the quarter, compared to the consensus estimate of $40.94 million. TrustCo Bank Corp NY had a net margin of 19.22% and a return on equity of 7.65%. During the same period last year, the firm earned $0.86 EPS.

TrustCo Bank Corp NY Stock Down 2.0 %

NASDAQ TRST opened at $33.80 on Friday. TrustCo Bank Corp NY has a twelve month low of $23.78 and a twelve month high of $36.51. The stock has a market cap of $642.54 million, a P/E ratio of 13.05 and a beta of 0.81. The company’s 50-day simple moving average is $33.19 and its 200 day simple moving average is $30.38.

TrustCo Bank Corp NY Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 6th were paid a $0.36 dividend. The ex-dividend date was Friday, September 6th. This represents a $1.44 annualized dividend and a dividend yield of 4.26%. TrustCo Bank Corp NY’s dividend payout ratio is currently 55.60%.

About TrustCo Bank Corp NY

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 and businesses. 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.