TrustCo Bank Corp NY (NASDAQ:TRST ) Q3 2024 Earnings Conference Call October 22, 2024 9:00 AM ET Company Participants Robert J. McCormick - Chairman, President & Chief Executive Officer Mike Ozimek - Chief Financial Officer Kevin Curley - Executive Vice President, Retail Banking Conference Call Participants Ian Lapey - Gabelli Funds Operator Good day, and welcome to the TrustCo Bank Corp Earnin...
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 2024 Net interest income of $38.7 million, up from $37.8 million compared t...
GLENVILLE, N.Y., Oct. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2024 results after the market close on October 21, 2024. Results are released on the 21st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21st falls on a Friday, weekend or holiday. A...
GLENVILLE, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 20, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on October 1, 2024 to shareholders of record at the close of business on September 6, 2024.
TrustCo Bank Corp NY (NASDAQ:TRST ) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Robert McCormick - Chairman, President & CEO Michael Ozimek - CFO Kevin Curley - EVP & Chief Banking Officer Conference Call Participants Ian Lapey - Gabelli Funds Operator Good day, and welcome to the TrustCo Bank Corp Earnings Call Webcast. All participants will be in listen-only...
TrustCo Bank Corp NY's Q2 earnings exceeded expectations with an improved return on assets and equity. Net interest margin increased, earnings per share beat expectations, and the stock remains attractive at $32.90 per share. TrustCo Bank saw growth in loans and deposits, maintained strong asset quality, and has a safe dividend payout ratio.
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 2024 Net interest income of $37.8 million, up from $36.6 million compared...
GLENVILLE, N.Y., July 16, 2024 (GLOBE NEWSWIRE) -- Robert J. McCormick, Chairman, President, and Chief Executive Officer of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) and Trustco Bank, a subsidiary of TrustCo, announced the appointment of Executive Vice President Robert M. Leonard as Chief Operating Officer of TrustCo and Trustco Bank. Executive Vice President Kevin M. Curley has been named C...
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