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.
Schenectady, US
Size (employees)
808 (est)
Trustco Bank was founded in 1902 and is headquartered in Schenectady, US
Report incorrect company information

Trustco Bank Office Locations

Trustco Bank has an office in Schenectady
Schenectady, US (HQ)
5 Sarnowski Dr
Show all (1)
Report incorrect company information

Trustco Bank Financials and Metrics

Trustco Bank Financials

Trustco Bank's revenue was reported to be $161.36 m in FY, 2016 which is a 1.3% increase from the previous period.

Net income (Q3, 2017)

12.6 m

EBIT (Q3, 2017)

38.6 m

Market capitalization (5-Feb-2018)

855.3 m

Cash (4-Feb-2018)

624.2 m
Trustco Bank's current market capitalization is $855.3 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


44.2 m44.5 m44.6 m45.4 m45.2 m45.8 m46.6 m

Cost of goods sold

4.1 m4.1 m3.8 m3.9 m3.8 m3.7 m3.6 m

Gross profit

40.1 m40.4 m40.8 m41.5 m41.4 m42.1 m43 m

Gross profit Margin, %

USDFY, 2016

Accounts Payable

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


678.6 m698.1 m760.2 m758.4 m664.4 m683.2 m707.1 m624.2 m

Total Assets

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

Accounts Payable

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

Short-term debt

170.8 m184.4 m169.5 m190.5 m179.2 m220.9 m233.6 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

11.8 m10.7 m10.7 m21.4 m32.1 m10.4 m20.9 m31.8 m10.9 m23.2 m12.6 m

Depreciation and Amortization

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

Accounts Payable

1.1 m2.7 m910 k

Cash From Operating Activities

27.9 m44.4 m16.1 m27.2 m41 m11.3 m32.2 m47.5 m
USDY, 2017

Financial Leverage

10.7 x
Show all financial metrics

Trustco Bank Operating Metrics

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


156 156 157

Bank Branches

144 146 145

Non-accrual Loans

$33.89 m$33.41 m$32.40 m$31.89 m$28.21 m$30.31 m$28.20 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
Show all operating metrics
Report incorrect company information