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Stock impact report

Trustco Reports Third Quarter 2024 Net Income of $12.9 Million; Skillful Application of Strong Fundamentals Produce Solid Results

TrustCo Bank Corp NY (TRST) 
Last trustco bank corp ny earnings: 4/21 04:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
Executive Snapshot: Average Loan portfolio continues to grow: On average, total loans were up $127.0 million or 2.6% for the third quarter 2024 compared to the third quarter 2023 Continued solid financial results: Key metrics for third quarter 2024: Net income of $12.9 million versus $12.6 million for the second quarter 2024Net interest income of $38.7 million, up from $37.8 million compared to the second quarter of 2024Return on average equity (ROAE) of 7.74% versus 7.76% for the second quarter 2024 Capital continues to grow: Consolidated equity to assets increased 6.2% to 10.95% as of September 30, 2024 from 10.31% as of September 30, 2023Book value per share as of September 30, 2024 was $35.19, up from $34.46 compared to June 30, 2024 GLENVILLE, N.Y., Oct. 21, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced third quarter 2024 net income of $12.9 million or $0.68 diluted earnings per share, compared to net income of $14 Show less Read more
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