TrustCo: Q4 Financial Results Overview
TrustCo Bank Corp. NY Announces Fourth Quarter Financial Results
TrustCo Bank Corp. NY, headquartered in Glenville, New York, has released its financial results for the fourth quarter, reporting a net profit of $15.6 million.
The company achieved earnings of 85 cents per share during this period.
Trustco Bank's parent company recorded total revenue of $70.5 million for the quarter, with net revenue after interest expenses reaching $48.2 million—exceeding analysts' expectations.
For the full fiscal year, TrustCo Bank Corp. NY reported a total profit of $61.1 million, translating to $3.25 per share, with annual revenue amounting to $187.9 million.
Financial data for this article was sourced from Zacks Investment Research and compiled by Automated Insights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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