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How to buy TrustCo Bank Corp NY stock (TRST)

Buy TrustCo Bank Corp NY stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

TrustCo Bank Corp NY is a banks - regional business based in the US. TrustCo Bank Corp NY shares (TRST) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $36.96 – a decrease of 1.57% over the previous week. TrustCo Bank Corp NY employs 735 staff and has a trailing 12-month revenue of around $168.6 million.

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TrustCo Bank Corp NY stock price (NASDAQ: TRST)

Use our graph to track the performance of TRST stocks over time.

TrustCo Bank Corp NY shares at a glance

Information last updated 2024-11-07.
Latest market close$36.96
52-week range$24.90 - $37.84
50-day moving average $33.25
200-day moving average $29.99
Wall St. target price$26.00
PE ratio 15.1519
Dividend yield $1.44 (3.83%)
Earnings per share (TTM) $2.37

Is it a good time to buy TrustCo Bank Corp NY stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

TrustCo Bank Corp NY price performance over time

Historical closes compared with the close of $36.96 from 2024-11-11

1 week (2024-11-05) 11.49%
1 month (2024-10-11) 12.72%
3 months (2024-08-12) 16.48%
6 months (2024-05-10) 30.55%
1 year (2023-11-10) 39.42%
2 years (2022-11-11) 8.98%
3 years (2021-11-12) 24.44%
5 years (2019-11-12) 4.39%

Is TrustCo Bank Corp NY stock undervalued or overvalued?

Valuing TrustCo Bank Corp NY stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TrustCo Bank Corp NY's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

TrustCo Bank Corp NY's P/E ratio

TrustCo Bank Corp NY's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, TrustCo Bank Corp NY shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

TrustCo Bank Corp NY's PEG ratio

TrustCo Bank Corp NY's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.73. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TrustCo Bank Corp NY's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

TrustCo Bank Corp NY financials

Revenue TTM $168.6 million
Operating margin TTM 42.27%
Gross profit TTM $199.7 million
Return on assets TTM 0.78%
Return on equity TTM 7.33%
Profit margin 28.11%
Book value $35.19
Market Capitalization $713.8 million

TTM: trailing 12 months

TrustCo Bank Corp NY share dividends

58%

Dividend payout ratio: 57.6% of net profits

Recently TrustCo Bank Corp NY has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TrustCo Bank Corp NY shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In TrustCo Bank Corp NY's case, that would currently equate to about $1.44 per share.

TrustCo Bank Corp NY's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

TrustCo Bank Corp NY's most recent dividend payout was on 30 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 5 September 2024 (the "ex-dividend date").

Have TrustCo Bank Corp NY's shares ever split?

TrustCo Bank Corp NY's shares were split on a 1:5 basis on 27 May 2021 . So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your TrustCo Bank Corp NY shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for TrustCo Bank Corp NY shares which in turn could have impacted TrustCo Bank Corp NY's share price.

TrustCo Bank Corp NY share price volatility

Over the last 12 months, TrustCo Bank Corp NY's shares have ranged in value from as little as $24.895 up to $37.84. A popular way to gauge a stock's volatility is its "beta".

TRST.US volatility(beta: 0.82)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TrustCo Bank Corp NY's is 0.821. This would suggest that TrustCo Bank Corp NY's shares are less volatile than average (for this exchange).

TrustCo Bank Corp NY overview

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. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. It operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York. .

Frequently asked questions

What percentage of TrustCo Bank Corp NY is owned by insiders or institutions?
Currently 3.275% of TrustCo Bank Corp NY shares are held by insiders and 73.684% by institutions.
How many people work for TrustCo Bank Corp NY?
Latest data suggests 735 work at TrustCo Bank Corp NY.
When does the fiscal year end for TrustCo Bank Corp NY?
TrustCo Bank Corp NY's fiscal year ends in December.
Where is TrustCo Bank Corp NY based?
TrustCo Bank Corp NY's address is: 5 Sarnowski Drive, Glenville, NY, United States, 12302
What is TrustCo Bank Corp NY's ISIN number?
TrustCo Bank Corp NY's international securities identification number is: US8983492047
What is TrustCo Bank Corp NY's CUSIP number?
TrustCo Bank Corp NY's Committee on Uniform Securities Identification Procedures number is: 898349105

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