TRUSTCO BANK CORP N Y (TRST) Form 8-K — Oct 21, 2026
TrustCo Bank Corp NY (NASDAQ: TRST) reported Q3 2026 net income of $17.3 million, up 6.5% year over year, with diluted EPS of $1.02 up 18.6% from $0.86, aided by ongoing share repurchases. Net interest income rose 9.1% to $47.0 million and the net interest margin expanded 16 basis points to 2.95%, driven by loan repricing on a nearly $5.5 billion portfolio and lower funding costs. The bank raised its quarterly dividend 5.3% to $0.40 per share and has repurchased 1.5 million shares (8.3% of outstanding) through nine months, on pace to buy back 15.8% of shares by year-end.
Key figures
- Eps
- 1.02
- Revenue
- 47039000
- Net Income
- 17318000
- Eps yoy pct
- 18.6
- Total assets
- $6.49 billion
- Avg loan growth
- $238.1 million (+4.6%)
- Avg deposit growth
- $229.6 million (+4.2%)
- Net income yoy pct
- 6.5
- Quarterly dividend
- $0.40 per share (+5.3%)
- Net interest margin
- 2.95% vs 2.79%
- Nonperforming loans
- $21.1 million
- Book value per share
- $38.20
- Return on avg equity
- 10.57%
- Shares repurchased 9m 2026
- 1.5 million shares (8.3% of outstanding)
- Allowance for credit losses
- $55.2 million
- Net interest income yoy pct
- 9.1
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