TrustCo Delivers Once Again With Second Quarter Results Net Interest Margin Up 3.7% on Loan Growth of 3.8%
TrustCo Bank Corp NY (TRST)
Last trustco bank corp ny earnings: 4/21 04:00 pm
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snl.com/irweblinkx/corporateprofile.aspx?iid=100465
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Source: GlobeNewswire
Executive Snapshot: Average Loan portfolio continues to grow: On average, total loans were up $182.2 million or 3.8% for the second quarter 2024 compared to the second quarter 2023 Continued solid financial results: Key metrics for second quarter 2024: Net income of $12.6 million versus $12.1 million for the first quarter 2024Net interest income of $37.8 million, up from $36.6 million compared to the first quarter of 2024Return on average assets (ROAA) of 0.82% compared to 0.80% to the first quarter of 2024Return on average equity (ROAE) of 7.76% versus 7.54% for the first quarter 2024Book value per share as of June 30, 2024 was $34.46, up from $34.12 compared to March 31, 2024 Superior asset quality: Nonperforming loans (NPLs) were $19.2 million as of June 30, 2024, down from $19.4 million as of June 30, 2023, and generally continue to remain at low levelsNPLs to total loans were 0.38% as of June 30, 2024 compared to 0.40% as of June 30, 2023Nonperforming assets (NPAs)
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News
- Rendering Speculation Unnecessary, TrustCo Delivers Again With a Quarterly Dividend of $0.36 Per ShareGlobeNewswire
- Trustco Bank Announces Management Changes – Leonard, Curley, and Others Assume New Roles [Yahoo! Finance]Yahoo! Finance
- Trustco Bank Announces Management Changes – Leonard, Curley, and Others Assume New RolesGlobeNewswire
- TrustCo to Release Second Quarter 2024 Results on July 22, 2024; Conference Call on July 23, 2024 [Yahoo! Finance]Yahoo! Finance
- TrustCo to Release Second Quarter 2024 Results on July 22, 2024; Conference Call on July 23, 2024GlobeNewswire
TRST
Earnings
- 7/22/24 - Beat
TRST
Sec Filings
- 8/20/24 - Form 8-K
- 8/13/24 - Form 13F-HR
- 8/13/24 - Form 13F-NT
- TRST's page on the SEC website