Trustco Bank

Trustco Bank Corp NY is a savings and loan holding company. The Company's principal subsidiary is Trustco Bank (the Bank). The Company operates through the community banking segment. The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations. The Bank's business consists of accepting deposits and making loans and investments. The Bank provides both personal and business banking services. The Bank operates approximately 160 automatic teller machines (ATMs) and approximately 150 banking offices. Its loan portfolio includes commercial loans, real estate-construction loans, real estate-mortgage loans, home equity lines of credit and installment loans. It offers a range of deposits, such as demand deposits, savings, time deposits, interest bearing checking accounts and money market deposits. Its subsidiary, ORE Subsidiary Corp., is formed to hold and manage foreclosed properties acquired by the Bank.
Schenectady, US
Size (employees)
808 (est)+3%
Trustco Bank is headquartered in Schenectady, US

Trustco Bank Office Locations

Trustco Bank has an office in Schenectady
Schenectady, US (HQ)
5 Sarnowski Dr

Trustco Bank Data and Metrics

Trustco Bank Financial Metrics

Trustco Bank's revenue was reported to be $161.4 m in FY, 2016 which is a 1% increase from the previous period.
$, USD

Revenue (FY, 2016)

161.4 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

146.1 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

42.6 m

EBIT (FY, 2016)

143.1 m

Market capitalization (22-Jun-2017)

729.6 m

Closing share price (22-Jun-2017)

Trustco Bank's current market capitalization is $729.6 m.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


151 m156.9 m159.3 m161.4 m

Revenue growth, %


Cost of goods sold

16.2 m15.3 m

Gross profit

143.1 m146.1 m

Gross profit Margin, %


Operating expense total

90.6 m93.8 m


63.5 m71.6 m66.8 m143.1 m

EBIT margin, %


Pre tax profit

66.8 m68.3 m

Income tax expense

24.5 m25.7 m

Net Income

39.8 m44.2 m42.2 m42.6 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

39.8 m44.2 m42.2 m42.6 m

Depreciation and Amortization

5 m4.8 m10 m9 m

Cash From Operating Activities

63 m49.5 m60 m54.9 m

Purchases of PP&E

(416.6 m)(120.7 m)(189.8 m)(275.3 m)

Cash From Investing Activities

(169.3 m)(29.1 m)(61.3 m)(157.8 m)

Dividends Paid

(24.7 m)(24.9 m)(25 m)(25.1 m)

Cash From Financing Activities

145.4 m68 m48 m92 m

Interest Paid

15.3 m15.4 m16.2 m15.3 m

Income Taxes Paid

23.8 m26.7 m21 m23.5 m
$, USDY, 2016


205 k

Trustco Bank Market Value History

Trustco Bank Company Life and Culture

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