TrustCo Bank Posts $17.3M Q3 Profit, Topping Q2's $17.0M
TRST sits 51% above its 52-week low of $35.77.
Summary
TrustCo earned $17.3 million in Q3 2026, edging past the $17.0 million it reported for Q2, on net interest income of USD 47.039 Million. That extends the growth trend from Q2, when net income rose 12.8% year over year on expanding margins and active buybacks. The quarter lands with HoldCo Asset Management's 5.1% activist stake from July still in play, and the company has been returning capital through a 5.3% dividend hike to $0.40 and an 11% buyback authorization. The headline gives only the net income line, so per-share earnings, margin and credit detail are still unknown. The conference call is scheduled for October 22.
At the time of this announcement, TRST was trading at $54.13 on NASDAQ in the Finance sector, with a market capitalization of approximately $921.7M. The 52-week trading range was $35.77 to $59.28. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.