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Stock impact report

TrustCo is Pleased to Report First Quarter 2020 Results; Net Income of $13.3 Million and 6.7% Average Residential Loan Growth Year over Year

TrustCo Bank Corp NY (TRST) 
Last trustco bank corp ny earnings: 4/21 04:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
GLENVILLE, N.Y., April 21, 2020 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced first quarter 2020 net income of $13.3 million or $0.138 diluted earnings per share.  Average residential loan growth increased 6.7% or $226.7 million for the first quarter 2020 compared to the first quarter 2019.   Summary Robert J. McCormick, Chairman, President and Chief Executive Officer noted, “First and foremost, I hope you and your families are healthy and safe during this difficult time.  Please know we are committed to being a pillar in our community for all.  Providing Home Town Service will always remain constant in this time of uncertainty.  It’s been hard, but we are all in this together.  We are thankful to those on the front lines from medical centers to food banks that are providing the necessary services for those affected physically, emotionally, and financially by COVID-19.” TrustCo has created a “COVID-19 Fund” and will donate time and financial sup Show less Read more
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