TrustCo Bank

TrustCo to Release Fourth Quarter 2023 Results on January 22, 2024; Conference Call on January 23, 2024

Retrieved on: 
Wednesday, January 10, 2024
Trust, TrustCo Bank, Annual report, Security (finance)

GLENVILLE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2023 results after the market close on January 22, 2024.

Key Points: 
  • GLENVILLE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2023 results after the market close on January 22, 2024.
  • A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on January 23, 2024.
  • Those wishing to participate in the call may dial toll-free for the United States at 1-833-470-1428, and for Canada at 1-833-950-0062, Access code 813290.
  • The common shares of TrustCo are traded on The NASDAQ Global Select Market under the symbol TRST.

TrustCo Announces the Addition of Steffani Cotugno to the Board of Directors

Retrieved on: 
Tuesday, October 17, 2023
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GLENVILLE, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- On October 17, 2023, TrustCo Bank Corp NY (the "Company") (Nasdaq: TRST) announced that Steffani Cotugno, D.O.

Key Points: 
  • GLENVILLE, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- On October 17, 2023, TrustCo Bank Corp NY (the "Company") (Nasdaq: TRST) announced that Steffani Cotugno, D.O.
  • was elected to the Boards of Directors of the Company and its subsidiary, Trustco Bank.
  • Dr. Cotugno is a primary care physician with Community Care Physicians in Clifton Park, New York.
  • Dr. Cotugno has served as a teaching preceptor at Albany Medical College and has received awards in connection with that work.

TrustCo to Release Third Quarter 2023 Results on October 23, 2023; Conference Call on October 24, 2023

Retrieved on: 
Tuesday, October 10, 2023
Annual report, Security (finance), TRST, Trust, TrustCo Bank, Access

GLENVILLE, N.Y., Oct. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2023 results after the market close on October 23, 2023.

Key Points: 
  • GLENVILLE, N.Y., Oct. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2023 results after the market close on October 23, 2023.
  • A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on October 24, 2023.
  • Those wishing to participate in the call may dial toll-free for the United States at 1-833-470-1428, and for Canada at 1-833-950-0062, Access code 040076.
  • The common shares of TrustCo are traded on The NASDAQ Global Select Market under the symbol TRST.

TrustCo Reports Second Quarter Net Income of $16.4 Million and $346 Million of Loan Growth; Maintains Strong Liquidity and Demonstrates Deposit Stability

Retrieved on: 
Monday, July 24, 2023
Federal Reserve Bank, Federal Reserve Bank of St. Louis, TRST, Federal, Fruit, TrustCo Bank, NPL, NPAS, Investment, Growth, Bank, Federal funds, Cryptocurrency, Financial adviser

GLENVILLE, N.Y., July 24, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • Total loan growth increased $346.3 million or 7.6% for the second quarter 2023 over the same period in 2022.
  • Loan growth continued in the second quarter 2023 compared to the prior year’s second quarter, led by an increase in residential mortgages.
  • The net interest margin for the second quarter 2023 was 2.98%, up 15 basis points from 2.83% in the second quarter of 2022.
  • The cost of interest bearing liabilities increased to 1.06% in the second quarter 2023 from 0.10% in the second quarter 2022.

TrustCo to Release Second Quarter 2023 Results on July 24, 2023; Conference Call on July 25, 2023

Retrieved on: 
Monday, July 10, 2023
TRST, TrustCo Bank, Trust, Security (finance), Annual report, Cryptocurrency, Access

GLENVILLE, N.Y., July 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2023 results after the market close on July 24, 2023.

Key Points: 
  • GLENVILLE, N.Y., July 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2023 results after the market close on July 24, 2023.
  • A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on July 25, 2023.
  • Those wishing to participate in the call may dial toll-free for the United States at 1-833-470-1428, and for Canada at 1-833-950-0062, Access code 775800.
  • The common shares of TrustCo are traded on The NASDAQ Global Select Market under the symbol TRST.

TrustCo to Release First Quarter 2023 Results on April 24, 2023; Conference Call on April 25, 2023

Retrieved on: 
Tuesday, April 11, 2023
TRST, TrustCo Bank, Trust, Security (finance), Annual report

GLENVILLE, N.Y., April 11, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2023 results after the market close on April 24, 2023.

Key Points: 
  • GLENVILLE, N.Y., April 11, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release first quarter 2023 results after the market close on April 24, 2023.
  • A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on April 25, 2023.
  • Those wishing to participate in the call may dial toll-free for the United States at 1-833-470-1428, and for Canada at 1-833-950-0062, Access code 576267.
  • The common shares of TrustCo are traded on The NASDAQ Global Select Market under the symbol TRST.

TrustCo Caps Off 120th Anniversary Year, Reports Record Performance; Net Income of $75.2 Million up 22.3% over the prior year

Retrieved on: 
Monday, January 23, 2023
Trust, TrustCo Bank, NPL, Advertising, Current Expected Credit Losses, Federal Reserve Board of Governors, Federal Reserve, NPAS, TRST, Record, Federal funds, Bank, Financial instrument, Net, Investment, Growth, Video game

Chairman, President, and CEO, Robert J. McCormick said, “For Trustco Bank, 2022 was a banner year marked by celebrations surrounding our 120th Anniversary.

Key Points: 
  • Chairman, President, and CEO, Robert J. McCormick said, “For Trustco Bank, 2022 was a banner year marked by celebrations surrounding our 120th Anniversary.
  • A record fourth quarter caps off a year during which each successive quarter saw record earnings.
  • Average loans were up $253.2 million or 5.7% in the fourth quarter 2022 over the same period in 2021.
  • Average deposits were down $25.4 million or 0.5% for the fourth quarter 2022 over the same period a year earlier.

TrustCo to Release Fourth Quarter 2022 Results on January 23, 2023; Conference Call on January 24, 2023

Retrieved on: 
Tuesday, January 10, 2023
Security (finance), Trust, TRST, Annual report, TrustCo Bank

GLENVILLE, N.Y., Jan. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2022 results after the market close on January 23, 2023.

Key Points: 
  • GLENVILLE, N.Y., Jan. 10, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release fourth quarter 2022 results after the market close on January 23, 2023.
  • A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on January 24, 2023.
  • The earnings press release will be posted on the Company’s Investor Relations website at: https://trustcobank.q4ir.com/corporate-overview/corporate-profile/defaul... .
  • The common shares of TrustCo are traded on The NASDAQ Global Select Market under the symbol TRST.

TrustCo Caps Off Year of Historic Celebrations and Achievement with Dividend Increase

Retrieved on: 
Tuesday, November 15, 2022
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The dividend will be payable on January 3, 2023 to shareholders of record at the close of business on December 2, 2022.

Key Points: 
  • The dividend will be payable on January 3, 2023 to shareholders of record at the close of business on December 2, 2022.
  • The company also has posted successive historic earnings for several quarters over the same period.
  • Through its subsidiary, Trustco Bank, Trustco operates 144 offices in New York, New Jersey, Vermont, Massachusetts and Florida.
  • The forward-looking statements contained in this news release represent TrustCo managements judgment as of the date of this news release.

TrustCo Announces the Addition of Alejandro “Alex” M. Sanchez to the Board of Directors

Retrieved on: 
Tuesday, October 18, 2022
News, Trust, U.S. Securities and Exchange Commission, Nasdaq, Lead, Compensation, Audit, Security (finance), Compliance, Private Securities Litigation Reform Act, Corporate governance, Company, Industry, Association, TRST, Board, United States Air Force, TrustCo Bank, GLOBE, Forward-looking statement, Management

GLENVILLE, N.Y., Oct. 18, 2022 (GLOBE NEWSWIRE) -- On October 18, 2022, TrustCo Bank Corp NY (the Company) (Nasdaq: TRST) announced that Alejandro Alex M. Sanchez was elected to the Board of Directors of the Company and its subsidiary, Trustco Bank.

Key Points: 
  • GLENVILLE, N.Y., Oct. 18, 2022 (GLOBE NEWSWIRE) -- On October 18, 2022, TrustCo Bank Corp NY (the Company) (Nasdaq: TRST) announced that Alejandro Alex M. Sanchez was elected to the Board of Directors of the Company and its subsidiary, Trustco Bank.
  • Mr. Sanchez was appointed to the Audit, Compensation, Compliance, Fiduciary, Nominating and Corporate Governance, and Risk Committees of the board of directors of the Company.
  • Making the announcement were Chairman, President, and Chief Executive Officer Robert J. McCormick and Lead Independent Director Dennis DeGennaro.
  • Mr. McCormick said We are very pleased to have Mr. Sanchez join our board.