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
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US:NASDAQ Investor Relations:
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 $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
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TRST
News
- TrustCo Continues Uninterrupted Century-Long Streak of Dividend Payments – Declares $0.36 Per ShareGlobeNewswire
- Will home equity loan interest rates fall in November? [CBS News]CBS News
- How far will mortgage interest rates fall in November? [CBS News]CBS News
- TrustCo Bank GAAP EPS of $0.68, revenue of $43.6M [Seeking Alpha]Seeking Alpha
- TrustCo to Release Third Quarter 2024 Results on October 21, 2024; Conference Call on October 22, 2024GlobeNewswire
TRST
Earnings
- 7/22/24 - Beat
TRST
Sec Filings
- 11/19/24 - Form 8-K
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- TRST's page on the SEC website