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Trustco Bank Corp NY (TRST)
NASDAQ:TRST
Earnings Data
Report Date
Apr 27, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.75Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong core earnings momentum driven by a 38% YoY net income increase, NII and margin expansion, healthy loan and deposit growth, active capital return through buybacks/dividends, and a sizable recurring wealth-management fee stream. These positives are tempered by modest increases in non-performing loans and assets, a reduction in allowance levels and coverage ratio YoY, a slight dip in the equity-to-assets ratio, planned higher recurring expense guidance for 2026, and some branch expansion challenges. On balance, the operational and revenue strength materially outweigh the measured credit and expense headwinds.Company Guidance
Strong Net Income Growth
Fourth-quarter net income of $15.6M, up 38% year-over-year, driving return on average assets of 0.978% and return on average equity of 9.99%.
Net Interest Income and Margin Expansion
Net interest income of $43.7M, up $4.8M or 12.4% YoY; net interest margin expanded to 2.82%, up 22 basis points YoY. Yield on interest-earning assets increased to 4.24% (up 12 bps) while cost of interest-bearing liabilities decreased to 1.84% (down ~13 bps).
Loan Growth and Portfolio Mix
Average loans grew ~2.5% year-over-year to an all-time high average of ~$5.2B. Home equity lines increased $54.1M (13.5%), residential first mortgages increased $50.6M (1.2%), and commercial loans rose $24.5M (8.6%). Quarter-over-quarter actual loans rose $60.7M with purchase mortgages +$42.4M.
Deposit Growth and Stable Funding
Total deposits ended the quarter at $5.6B, up $166M year-over-year, supporting ongoing loan growth and margin performance.
Shareholder Returns and Capital Actions
Repurchased 1,000,000 shares year-to-date (5.3% of common shares), including 533,000 shares under the program; renewed repurchase program to allow up to 2,000,000 shares (an additional ~11.1%) in 2026. Continued dividend payout policy.
Wealth Management Contribution
Wealth management assets under management of approximately $1.27B as of 12/31/2025. Wealth management and financial services fees represent ~44% of non-interest income, largely recurring.
Expense Control
Total non-interest expense, net of ORE, was $26.5M, down $1.5M YoY. ORE expense net improved to an expense of $161k vs $476k prior year. Management expects to target recurring quarterly non-interest expense near the low end of $27.7–$28.2M guidance for 2026.
Credit Performance — Recoveries and Low Charge-offs
Net recoveries of $14k for the quarter (following prior quarter net recovery of $176k) and net recoveries of $457k over the past year; modest provision for credit losses of $400k for 2025.
Book Value Growth and Relative Shareholder Return
Book value per share $38.08 at 12/31/2025, up 7.1% YoY. Management reported total shareholder value returned three times that of proxy peers year-over-year.
TRST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TRST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 21, 2026 | $45.53 | $45.56 | +0.07% |
Oct 21, 2025 | $35.89 | $36.60 | +1.98% |
Jul 21, 2025 | $34.64 | $35.08 | +1.27% |
Apr 21, 2025 | $27.60 | $28.97 | +4.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Trustco Bank Corp NY (TRST) report earnings?
Trustco Bank Corp NY (TRST) is schdueled to report earning on Apr 27, 2026, After Close (Confirmed).
What is Trustco Bank Corp NY (TRST) earnings time?
Trustco Bank Corp NY (TRST) earnings time is at Apr 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRST EPS forecast?
Currently, no data Available