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 $161.4 m in FY, 2016
USD

Net income (Q3, 2017)

12.6 m

EBIT (Q3, 2017)

38.6 m

Market capitalization (08-Dec-2017)

869.7 m

Cash (30-Sep-2017)

624.2 m
Trustco Bank's current market capitalization is $869.7 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

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, %

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

Accounts Payable

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

Cash

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

    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, 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
      Y, 2017

      Financial Leverage

      10.7 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

      Trustco Bank's Web-traffic and Trends

      Trustco Bank Company Life and Culture

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