Trustco Bank

Trustco Bank Corp NY is a savings and loan holding company. The Company's principal subsidiary is Trustco Bank (the Bank). It 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. 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.
Company Growth (employees)
Type
Public
HQ
Schenectady, US
Founded
1902
Size (employees)
808 (est)
Trustco Bank was founded in 1902 and is headquartered in Schenectady, US

Trustco Bank Office Locations

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

Trustco Bank Financials and Metrics

Trustco Bank Financials

Trustco Bank's revenue was reported to be $45.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

45.8 m

Gross profit (Q1, 2017)

42.1 m

Gross profit margin (Q1, 2017), %

92%

Net income (Q1, 2017)

10.9 m

EBIT (Q1, 2017)

36.8 m

Market capitalization (17-Oct-2017)

873.6 m

Cash (31-Mar-2017)

683.2 m
Trustco Bank's current market capitalization is $873.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

151 m156.9 m159.3 m161.4 m

Revenue growth, %

4%2%1%

Cost of goods sold

16.2 m15.3 m

Gross profit

143.1 m146.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

44.2 m44.5 m44.6 m45.4 m45.2 m45.8 m

Cost of goods sold

4.1 m4.1 m3.8 m3.9 m3.8 m3.7 m

Gross profit

40.1 m40.4 m40.8 m41.5 m41.4 m42.1 m

Gross profit Margin, %

91%91%91%91%92%92%
USDFY, 2016

Accounts Payable

144.9 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

678.6 m698.1 m760.2 m758.4 m664.4 m683.2 m

Total Assets

4.7 b4.7 b4.8 b4.8 b4.8 b4.9 b

Accounts Payable

4.1 b4.1 b4.1 b4.2 b4.2 b4.2 b

Short-term debt

170.8 m184.4 m169.5 m190.5 m179.2 m220.9 m
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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

11.8 m10.7 m10.7 m21.4 m32.1 m10.4 m20.9 m31.8 m10.9 m

Depreciation and Amortization

2.3 m3.5 m2.2 m4.5 m6.8 m2.1 m

Accounts Payable

1.1 m2.7 m

Cash From Operating Activities

27.9 m44.4 m16.1 m27.2 m41 m11.3 m
USDY, 2017

Revenue/Employee

56.7 k

Financial Leverage

11.1 x
Show all financial metrics

Trustco Bank Operating Metrics

Trustco Bank's Total Loans Issued was reported to be $3.5 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-accrual Loans

$33.89 m$33.41 m$32.4 m$31.89 m$28.21 m$30.31 m$28.2 m$25.96 m$25.02 m$26.38 m$24.49 m

Non-performing Loans

$34.01 m$33.48 m$32.47 m$31.94 m$28.26 m$30.35 m$28.24 m$26 m$25.06 m$26.42 m$245.28 m

ATMs

156156157

Bank Branches

144146145
Show all operating metrics

Trustco Bank Market Value History

Traffic Overview of Trustco Bank

Trustco Bank Company Life and Culture

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