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TrustCo Bank Corp Second Quarter 2018 Earnings Call
Tuesday, July 24, 2018
9:00 AM ET

TrustCo Bank Corp. NY operates as the holding company for Trustco Bank. The Bank provides personal and business banking services for individuals, partnerships, corporations and other entities. The company offers checking accounts, savings accounts, retirement accounts, time deposits, money market accounts, and credit cards. Its loan portfolio comprises residential and commercial mortgages, home equity lines of credit, installment loans and commercial loans. In addition, the company serves as executor of estates and trustee of personal trusts, employee benefit plans, corporate pension, and profit sharing trusts. It also provides asset and wealth management services, estate planning and related advice, credit cards, trust and investment services, custodial services, and online banking services.

The company currently operates 145 banking offices in Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington and Westchester counties of New York; Hillborough, Lake, Orange, Polk, Sarasota, Seminole, and Volusia counties in Florida; Berkshire County, Massachusetts; Bennington County, Vermont; and Bergen County, New Jersey. The company has focused on growing its branch network outside of its traditional markets in the Capital Region of New York State, opening offices in targeted markets in Florida and in and around the Lower Hudson Valley region of New York. The expansion strategy has enabled the company to significantly reinvigorate deposit and loan growth beyond what it had been experiencing in its slower growth traditional markets. Despite the branch expansion program, the company has controlled expenses resulting in an efficiency ratio that remains among the best in the industry.

The company was founded in 1902 and is headquartered in Glenville, New York.
Market SummaryDesktop Summary
Trading SymbolTRST
Market Value ($M)757.85
Stock Quote$ 7.85
Change$ (0.03) 
(0.38) %

As of October 17, 2018
Minimum 20 minute delay.

Press Releases
8/21/2018TrustCo Declares 3.8% Increase in Cash Dividend

7/23/2018TrustCo Announces Second Quarter 2018 Net Income of $15.4 Million

7/13/2018TrustCo to Release Second Quarter 2018 Results on July 23, 2018; Conference Call on July 24, 2018

5/15/2018TrustCo Declares Cash Dividend

4/23/2018TrustCo Announces First Quarter 2018 Results; Net Income Before Taxes Up 12% Over Prior Year Quarter

TrustCo Bank Corp NY
Five Sarnowski Drive
Glenville, NY 12302

Transfer Agent
P.O Box 505000
Louisville, KY 40233-5000
Toll Free: 1-800-368-5948

For Overnight Delivery:
462 South 4th Street, Suite 1600
Louisville, KY 40202

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