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TrustCo Reports First Quarter 2026 Net Income of $16.3 Million; Notes Loan Portfolio Repricing

$TRSTPress releaseApr 21, 2026, 4:00 PM ETRead the release

TrustCo reported strong Q1 2026 results with net income rising 14.1% year-over-year to $16.3 million and diluted EPS increasing 21.3% to $0.91. Performance was driven by a 20 basis point expansion in net interest margin to 2.84% and a 10.7% increase in net interest income to $44.7 million, supported by loan portfolio repricing.

Key figures

Eps
0.91
Shares repurchased
522226
Net interest income
$44.7 million
Net interest margin
2.84%

AI analysis

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    TRST: TrustCo Reports First Quarter 2026 Net Income of $16.3 Million; Notes Loan Portfolio Repricing — AI Analysis | Signal8