TRST Stock Analysis: TrustCo Bank NY | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 932m USD | 12M Return: 60.8% | US8983492047 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.80M
EPS Trend: 27.8%
Rev. Trend: 59.1%
Warnings
Tailwinds
Seasonality 11.7 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.
A distinctive feature of the companys structure is its operation as a real estate investment trust (REIT), which acquires, holds, and manages residential mortgage loans and mortgage-backed securities. This dual banking-REIT structure aligns the company with community and regional banks that pair traditional spread-based lending with income from mortgage portfolio management.
Beyond core banking, the company offers trust and wealth services such as estate administration, trustee services, asset and wealth management, estate planning, and custodial services, including acting as trustee for employee benefit plans and corporate pension and profit-sharing trusts. It serves customers through branch offices across New York, Florida, and select counties in Vermont, Massachusetts, and New Jersey, supplemented by an ATM network.
- Net interest margin compresses as Fed cuts rates
- REIT mortgage portfolio valuations swing with rates
- Deposit costs rise amid competition for funding
- Loan growth in New York and Florida branches expands earnings
| Net Income: 65.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.20 > 1.0 |
| NWC/Revenue: -26.46% < 20% (prev -1.95k%; Δ 1.93k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 69.1m > Net Income 65.1m |
| Net Debt (136.6m) to EBITDA (54.4m): 2.51 < 3 |
| Current Ratio: 0.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.6m) vs 12m ago -7.18% < -2% |
| Gross Margin: 62.53% > 18% (prev 65.69%; Δ -3.16% > 0.5%) |
| Asset Turnover: 3.75% > 50% (prev 4.24%; Δ -0.49% > 0%) |
| Interest Coverage Ratio: 0.48 > 6 (EBIT TTM 42.8m / Interest Expense TTM 88.9m) |
| A: -0.01 (Total Current Assets 44.5m - Total Current Liabilities 108.4m) / Total Assets 6.53b |
| B: 0.08 (Retained Earnings 500.0m / Total Assets 6.53b) |
| C: 0.01 (EBIT TTM 42.8m / Avg Total Assets 6.44b) |
| D: 0.11 (Book Value of Equity 656.0m / Total Liabilities 5.87b) |
| Altman-Z'' = 0.35 = B |
As of October 03, 2026, the stock is trading at USD 55.69 with a total of 107,459 shares traded. Over the past week, the price has changed by -0.91%, over one month by -2.10%, over three months by +2.82% and over the past year by +60.82%.
Current recommended Stop Loss: 53.90 (which is 3.2% or 1.3 ATR below the current price).
TrustCo Bank NY has no consensus analysts rating.
| Analysts Target Price | 26 | -53.3% |
P/E Trailing = 15.0826
P/E Forward = 14.0449
P/S = 4.7864
P/B = 1.453
P/EG = 0.6267
Revenue TTM = 241.4m USD
EBIT TTM = 42.8m USD
EBITDA TTM = 54.4m USD
Long Term Debt = 36.4m USD (estimated: total debt 144.7m - short term 108.4m)
Short Term Debt = 108.4m USD (from shortTermDebt, last quarter)
Debt = 181.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 36.4m
Net Debt = 136.6m USD (calculated: Debt 181.1m - CCE 44.5m)
Enterprise Value = 1.07b USD (932.3m + Debt 181.1m - CCE 44.5m)
Interest Coverage Ratio = 0.48 (Ebit TTM 42.8m / Interest Expense TTM 88.9m)
EV/FCF = 16.73x (Enterprise Value 1.07b / FCF TTM 63.9m)
FCF Yield = 5.98% (FCF TTM 63.9m / Enterprise Value 1.07b)
FCF Margin = 26.46% (FCF TTM 63.9m / Revenue TTM 241.4m)
Net Margin = 26.95% (Net Income TTM 65.1m / Revenue TTM 241.4m)
Gross Margin = 62.53% ((Revenue TTM 241.4m - Cost of Revenue TTM 90.5m) / Revenue TTM)
Gross Margin QoQ = 23.02% (prev 68.36%)
Tobins Q-Ratio = 0.16 (Enterprise Value 1.07b / Total Assets 6.53b)
Interest Expense / Debt = 49.09% (Interest Expense 88.9m / Debt 181.1m)
Taxrate = 24.78% (21.4m / 86.5m)
NOPAT = 32.2m (EBIT 42.8m * (1 - 24.78%))
Current Ratio = 0.41 (Total Current Assets 44.5m / Total Current Liabilities 108.4m)
Debt / Equity = 0.28 (Debt 181.1m / totalStockholderEquity, last quarter 656.0m)
Debt / EBITDA = 2.51 (Net Debt 136.6m / EBITDA 54.4m)
Debt / FCF = 2.14 (Net Debt 136.6m / FCF TTM 63.9m)
Total Stockholder Equity = 676.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 65.1m / Total Assets 6.53b)
RoE = 9.62% (Net Income TTM 65.1m / Total Stockholder Equity 676.4m)
RoCE = 6.00% (EBIT 42.8m / Capital Employed (Equity 676.4m + L.T.Debt 36.4m))
RoIC = 0.49% (NOPAT 32.2m / Invested Capital 6.51b)
WACC = 12.67% (E(932.3m)/V(1.11b) * Re(7.96%) + D(181.1m)/V(1.11b) * Rd(49.09%) * (1-Tc(0.25)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.85 | Cagr: -3.34%
[DCF] Terminal Value 65.30% ; FCFF base≈58.0m ; Y1≈66.5m ; Y5≈97.9m
[DCF] Fair Price = 40.82 (EV 831.8m - Net Debt 136.6m = Equity 695.2m / Shares 17.0m; r=12.67% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 27.82 | EPS CAGR: 4.22% | SUE: N/A | # QB: 0
Revenue Correlation: 59.11 | Revenue CAGR: 3.73% | SUE: N/A | # QB: 0