TRST Stock Analysis: TrustCo Bank NY | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 959m USD | 12M Return: 53.5% | US8983492047 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.35M
EPS Trend: 27.8%
Rev. Trend: 59.1%
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
TrustCo Bank Corp NY (TRST) is a U.S. regional bank holding company that provides personal and business banking services through its subsidiary, Trustco Bank, including deposit accounts, loans, and investment products. As a small-cap regional bank, the company focuses on community-oriented lending and deposit gathering across its branch network.
The company operates with a distinctive dual structure, functioning both as a traditional bank and as a real estate investment trust (REIT) that holds residential mortgage loans and mortgage-backed securities. It also offers trust and wealth management services, including estate administration, custodial services, asset management, and trustee services for employee benefit and corporate pension plans-ancillary lines that regional banks often use to diversify fee income beyond net interest margins.
TrustCos branch footprint spans upstate New York, Florida, and parts of Vermont, Massachusetts, and New Jersey, supported by a network of ATMs. Founded in 1902 and headquartered in Glenville, New York, the company has been listed on NASDAQ since 1990.
- Net interest margin compresses as deposit costs outpace asset repricing
- Residential mortgage portfolio performance weighs on earnings outlook
- Commercial real estate exposure in NY and Florida markets raises credit risk
| Net Income: 65.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.20 > 1.0 |
| NWC/Revenue: -26.46% < 20% (prev -1.95k%; Δ 1.93k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 69.1m > Net Income 65.1m |
| Net Debt (136.6m) to EBITDA (54.4m): 2.51 < 3 |
| Current Ratio: 0.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.6m) vs 12m ago -7.18% < -2% |
| Gross Margin: 62.53% > 18% (prev 65.69%; Δ -3.16% > 0.5%) |
| Asset Turnover: 3.75% > 50% (prev 4.24%; Δ -0.49% > 0%) |
| Interest Coverage Ratio: 0.48 > 6 (EBIT TTM 42.8m / Interest Expense TTM 88.9m) |
| A: -0.01 (Total Current Assets 44.5m - Total Current Liabilities 108.4m) / Total Assets 6.53b |
| B: 0.08 (Retained Earnings 500.0m / Total Assets 6.53b) |
| C: 0.01 (EBIT TTM 42.8m / Avg Total Assets 6.44b) |
| D: 0.11 (Book Value of Equity 656.0m / Total Liabilities 5.87b) |
| Altman-Z'' = 0.35 = B |
As of September 27, 2026, the stock is trading at USD 56.20 with a total of 100,068 shares traded. Over the past week, the price has changed by -0.83%, over one month by -0.56%, over three months by +4.30% and over the past year by +53.49%.
Current recommended Stop Loss: 54.60 (which is 2.8% or 1.3 ATR below the current price).
TrustCo Bank NY has no consensus analysts rating.
| Analysts Target Price | 26 | -53.7% |
P/E Trailing = 15.4247
P/E Forward = 14.0449
P/S = 4.9219
P/B = 1.453
P/EG = 0.6267
Revenue TTM = 241.4m USD
EBIT TTM = 42.8m USD
EBITDA TTM = 54.4m USD
Long Term Debt = 36.4m USD (estimated: total debt 144.7m - short term 108.4m)
Short Term Debt = 108.4m USD (from shortTermDebt, last quarter)
Debt = 181.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 36.4m
Net Debt = 136.6m USD (calculated: Debt 181.1m - CCE 44.5m)
Enterprise Value = 1.10b USD (958.7m + Debt 181.1m - CCE 44.5m)
Interest Coverage Ratio = 0.48 (Ebit TTM 42.8m / Interest Expense TTM 88.9m)
EV/FCF = 17.15x (Enterprise Value 1.10b / FCF TTM 63.9m)
FCF Yield = 5.83% (FCF TTM 63.9m / Enterprise Value 1.10b)
FCF Margin = 26.46% (FCF TTM 63.9m / Revenue TTM 241.4m)
Net Margin = 26.95% (Net Income TTM 65.1m / Revenue TTM 241.4m)
Gross Margin = 62.53% ((Revenue TTM 241.4m - Cost of Revenue TTM 90.5m) / Revenue TTM)
Gross Margin QoQ = 23.02% (prev 68.36%)
Tobins Q-Ratio = 0.17 (Enterprise Value 1.10b / Total Assets 6.53b)
Interest Expense / Debt = 49.09% (Interest Expense 88.9m / Debt 181.1m)
Taxrate = 24.78% (21.4m / 86.5m)
NOPAT = 32.2m (EBIT 42.8m * (1 - 24.78%))
Current Ratio = 0.41 (Total Current Assets 44.5m / Total Current Liabilities 108.4m)
Debt / Equity = 0.28 (Debt 181.1m / totalStockholderEquity, last quarter 656.0m)
Debt / EBITDA = 2.51 (Net Debt 136.6m / EBITDA 54.4m)
Debt / FCF = 2.14 (Net Debt 136.6m / FCF TTM 63.9m)
Total Stockholder Equity = 676.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 65.1m / Total Assets 6.53b)
RoE = 9.62% (Net Income TTM 65.1m / Total Stockholder Equity 676.4m)
RoCE = 6.00% (EBIT 42.8m / Capital Employed (Equity 676.4m + L.T.Debt 36.4m))
RoIC = 0.49% (NOPAT 32.2m / Invested Capital 6.51b)
WACC = 12.52% (E(958.7m)/V(1.14b) * Re(7.91%) + D(181.1m)/V(1.14b) * Rd(49.09%) * (1-Tc(0.25)))
Discount Rate = 7.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.85 | Cagr: -3.34%
[DCF] Terminal Value 65.70% ; FCFF base≈58.0m ; Y1≈66.5m ; Y5≈97.9m
[DCF] Fair Price = 41.59 (EV 844.8m - Net Debt 136.6m = Equity 708.2m / Shares 17.0m; r=12.52% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 27.82 | EPS CAGR: 4.22% | SUE: N/A | # QB: 0
Revenue Correlation: 59.11 | Revenue CAGR: 3.73% | SUE: N/A | # QB: 0