TRST
TrustCo Bank Corp NY
TRST's fundamentals are strong, but it looks expensive: trading at 15x earnings, above its usual 11x.
TRST Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
TRST's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like TRST.
TRST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.8x | $33.26 | -42% |
| Fair | 11x | $42.22 | -27% |
| Expensive | 14x | $52.94 | -8.2% |
| Current | 15x | $57.66 | — |
Historical ranges are pointers, not guarantees.
TRST's PE is in its expensive range at 15x.
TRST Forward outlook
There aren't enough analyst estimates for TRST to show an outlook.
TRST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $3.76 | +26% |
| Q2 2026 | $3.60 | +28% |
| Q1 2026 | $3.41 | +27% |
| Q4 2025 | $3.25 | +26% |
| Q3 2025 | $2.99 | +20% |
| Q2 2025 | $2.81 | +8.5% |
| Q1 2025 | $2.68 | -3.9% |
| Q4 2024 | $2.57 | -17% |
TRST earned $3.76 per share over the past year, up 26% from the year before.
TRST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $51.9M | +8.5% |
| Q2 2026 | $51.5M | +11% |
| Q1 2026 | $49.5M | +9.3% |
| Q4 2025 | $48.2M | +11% |
| Q3 2025 | $47.8M | +9.6% |
| Q2 2025 | $46.6M | +7.3% |
| Q1 2025 | $45.3M | +9.5% |
| Q4 2024 | $43.3M | +0.5% |
TRST's revenue has grown year over year for eight quarters in a row: $52M last quarter, up 8.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -0.3 points |
| Q2 2026 | 44% | +1.4 points |
| Q1 2026 | 44% | +2.4 points |
| Q4 2025 | 44% | +9.7 points |
| Q3 2025 | 45% | +5.8 points |
| Q2 2025 | 42% | +4.4 points |
| Q1 2025 | 41% | +2.9 points |
| Q4 2024 | 34% | +4.1 points |
TRST's operating margin was 44% last quarter, about level with the same quarter a year ago.
TRST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $19.3M | +93% |
| Q2 2026 | $25.5M | +2.3% |
| Q1 2026 | $10.2M | +$13.4M |
| Q4 2025 | $14.1M | +17% |
| Q3 2025 | $10M | -36% |
| Q2 2025 | $24.9M | +42% |
| Q1 2025 | -$3.3M | -135% |
| Q4 2024 | $12M | -19% |
TRST's free cash flow was $69M over the past year, up 58% from the year before. Free cash flow isn't a meaningful measure for financial services companies like TRST.
TRST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.6% | -447K shares |
| 1 year | -9.9% | -1.9M shares |
| 3 years | -11% | -2.1M shares |
| 5 years | -12% | -2.3M shares |
| Available history | -13% | -2.4M shares |
TRST has 17M diluted shares, down 9.9% from a year ago, with $99M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $29M |
| Q2 2026 | $24.6M |
| Q1 2026 | $23.9M |
| Q4 2025 | $21.3M |
| Q3 2025 | $11.5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2023 | — |
TRST spent $99M buying back its own shares over the past year.
TRST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.4x | Net Cash |
| Q1 2026 | -7.4x | Net Cash |
| Q4 2025 | -7.1x | Net Cash |
| Q3 2025 | -7.5x | Net Cash |
| Q2 2025 | -8.4x | Net Cash |
| Q1 2025 | -9.4x | Net Cash |
| Q4 2024 | -8.1x | Net Cash |
TRST has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like TRST.
TRST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.8 | Neutral |
| Stochastic | 61.3 | Neutral |
TRST's weekly RSI is 63 (neutral) and its Stochastic is 61 (neutral).
TRST PE vs Financial Services Sector
| Metric | TRST | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 18% above |
| PE % | 95 | 63 | 32 pts above |
TRST is trading at 15x earnings, a 18% premium to the Financial Services sector's median of 13x.
TRST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $55.8 | 3.3% above |
| 20 week MA | $56.2 | 2.6% above |
| 50 week MA | $50.2 | 15% above |
| 100 week MA | $42.1 | 37% above |
| 200 week MA | $36.3 | 59% above |
TRST is in an uptrend: it's above all five of its weekly moving averages, and 59% above its 200-week average.
TRST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.5 | $33.0 | -24% |
| 2021 | $33.0 | $32.9 | -0.2% |
| 2022 | $32.9 | $37.6 | +14% |
| 2023 | $37.6 | $31.1 | -17% |
| 2024 | $31.1 | $33.4 | +7.6% |
| 2025 | $33.4 | $42.6 | +27% |
| 2026 YTD | $42.6 | $57.7 | +35% |
TRST is up 35% so far in 2026, after finishing lower in three of the previous six years.