Earnings Summary

Trustco Bank Corp N Y’s revenue fell -16.21% since last year same period to $40.82Mn in the Q1 2024. On a quarterly growth basis, Trustco Bank Corp N Y has generated 1324.32% jump in its revenue since last 3-months.

Trustco Bank Corp N Y’s net profit fell -31.67% since last year same period to $12.13Mn in the Q1 2024. On a quarterly growth basis, Trustco Bank Corp N Y has generated 23.13% jump in its net profits since last 3-months.

Trustco Bank Corp N Y’s net profit margin fell -18.45% since last year same period to 29.71% in the Q1 2024. On a quarterly growth basis, Trustco Bank Corp N Y has generated -91.36% fall in its net profit margins since last 3-months.

Trustco Bank Corp N Y’s price-to-earnings ratio after this Q1 2024 earnings stands at 9.06.

Trustco Bank Corp N Y’s earning per share (EPS) estimates for the current quarter stand at 0.53 - a -11.67% fall from last quarter’s estimates.

Trustco Bank Corp N Y’s earning per share (EPS) estimates for the current year stand at 0.53.

Trustco Bank Corp N Y’s earning per share (EPS) fell -31.18% since last year same period to 0.64 in the Q1 2024. This indicates that the Trustco Bank Corp N Y has generated -31.18% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Trustco Bank Corp N Y’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Trustco Bank Corp N Y’s return on equity (ROE) stands at 0.08.

Trustco Bank Corp N Y declared 0.36 dividend per share during the earnings announcement for Q1 2024.