TRST Stock Analysis: TrustCo Bank NY | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 961m USD | 12M Return: 60.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.31M
EPS Trend: -22.1%
Rev. Trend: 98.4%
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
TrustCo Bank Corp NY (TRST) is a U.S. regional bank holding company that provides personal and business banking services through its subsidiary, Trustco Bank, including deposit accounts, loans, and investment products. As a small-cap regional bank, the company focuses on community-oriented lending and deposit gathering across its branch network.
The company operates with a distinctive dual structure, functioning both as a traditional bank and as a real estate investment trust (REIT) that holds residential mortgage loans and mortgage-backed securities. It also offers trust and wealth management services, including estate administration, custodial services, asset management, and trustee services for employee benefit and corporate pension plans-ancillary lines that regional banks often use to diversify fee income beyond net interest margins.
TrustCos branch footprint spans upstate New York, Florida, and parts of Vermont, Massachusetts, and New Jersey, supported by a network of ATMs. Founded in 1902 and headquartered in Glenville, New York, the company has been listed on NASDAQ since 1990.
- Net interest margin compresses as deposit costs outpace asset repricing
- Residential mortgage portfolio performance weighs on earnings outlook
- Commercial real estate exposure in NY and Florida markets raises credit risk
| Net Income: 63.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.25 > 1.0 |
| NWC/Revenue: -2.00k% < 20% (prev -1.95k%; Δ -40.99% < -1%) |
| CFO/TA 0.01 > 3% & CFO 68.1m > Net Income 63.1m |
| Net Debt (141.6m) to EBITDA (95.7m): 1.48 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.9m) vs 12m ago -6.13% < -2% |
| Gross Margin: 67.55% > 18% (prev 65.32%; Δ 2.23% > 0.5%) |
| Asset Turnover: 4.38% > 50% (prev 4.20%; Δ 0.18% > 0%) |
| Interest Coverage Ratio: 0.94 > 6 (EBIT TTM 84.1m / Interest Expense TTM 89.5m) |
| A: -0.86 (Total Current Assets 57.8m - Total Current Liabilities 5.68b) / Total Assets 6.51b |
| B: 0.08 (Retained Earnings 489.5m / Total Assets 6.51b) |
| C: 0.01 (EBIT TTM 84.1m / Avg Total Assets 6.42b) |
| D: 0.11 (Book Value of Equity 670.9m / Total Liabilities 5.84b) |
| Altman-Z'' = -5.21 = D |
As of July 08, 2026, the stock is trading at USD 54.71 with a total of 87,754 shares traded. Over the past week, the price has changed by +0.94%, over one month by +2.86%, over three months by +21.73% and over the past year by +60.71%.
Current recommended Stop Loss: 53.20 (which is 2.8% or 1.2 ATR below the current price).
TrustCo Bank NY has no consensus analysts rating.
| Analysts Target Price | 26 | -52.5% |
P/E Trailing = 16.1676
P/E Forward = 14.0449
P/S = 5.0196
P/B = 1.4226
P/EG = 0.6267
Revenue TTM = 281.6m USD
EBIT TTM = 84.1m USD
EBITDA TTM = 95.7m USD
Long Term Debt = 29.8m USD (estimated: total debt 148.8m - short term 119.0m)
Short Term Debt = 119.0m USD (from shortTermDebt, last quarter)
Debt = 184.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 35.9m
Net Debt = 141.6m USD (calculated: Debt 184.8m - CCE 43.2m)
Enterprise Value = 1.10b USD (960.6m + Debt 184.8m - CCE 43.2m)
Interest Coverage Ratio = 0.94 (Ebit TTM 84.1m / Interest Expense TTM 89.5m)
EV/FCF = 18.62x (Enterprise Value 1.10b / FCF TTM 59.2m)
FCF Yield = 5.37% (FCF TTM 59.2m / Enterprise Value 1.10b)
FCF Margin = 21.02% (FCF TTM 59.2m / Revenue TTM 281.6m)
Net Margin = 22.43% (Net Income TTM 63.1m / Revenue TTM 281.6m)
Gross Margin = 67.55% ((Revenue TTM 281.6m - Cost of Revenue TTM 91.4m) / Revenue TTM)
Gross Margin QoQ = 68.36% (prev 68.30%)
Tobins Q-Ratio = 0.17 (Enterprise Value 1.10b / Total Assets 6.51b)
Interest Expense / Debt = 48.45% (Interest Expense 89.5m / Debt 184.8m)
Taxrate = 24.57% (20.6m / 83.7m)
NOPAT = 63.4m (EBIT 84.1m * (1 - 24.57%))
Current Ratio = 0.01 (Total Current Assets 57.8m / Total Current Liabilities 5.68b)
Debt / Equity = 0.28 (Debt 184.8m / totalStockholderEquity, last quarter 670.9m)
Debt / EBITDA = 1.48 (Net Debt 141.6m / EBITDA 95.7m)
Debt / FCF = 2.39 (Net Debt 141.6m / FCF TTM 59.2m)
Total Stockholder Equity = 685.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.98% (Net Income 63.1m / Total Assets 6.51b)
RoE = 9.21% (Net Income TTM 63.1m / Total Stockholder Equity 685.6m)
RoCE = 11.76% (EBIT 84.1m / Capital Employed (Equity 685.6m + L.T.Debt 29.8m))
RoIC = 0.98% (NOPAT 63.4m / Invested Capital 6.49b)
WACC = 12.73% (E(960.6m)/V(1.15b) * Re(8.15%) + D(184.8m)/V(1.15b) * Rd(48.45%) * (1-Tc(0.25)))
Discount Rate = 8.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -34.10 | Cagr: -2.73%
[DCF] Terminal Value 65.15% ; FCFF base≈52.3m ; Y1≈59.9m ; Y5≈88.2m
[DCF] Fair Price = 34.52 (EV 744.9m - Net Debt 141.6m = Equity 603.3m / Shares 17.5m; r=12.73% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -22.10 | EPS CAGR: -3.51% | SUE: N/A | # QB: 0
Revenue Correlation: 98.43 | Revenue CAGR: 7.16% | SUE: N/A | # QB: 0